Oppenheimer & Co. Inc. lowered its stake in shares of NXP Semiconductors NV (NASDAQ:NXPI) by 18.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,780 shares of the semiconductor provider’s stock after selling 10,749 shares during the period. Oppenheimer & Co. Inc.’s holdings in NXP Semiconductors NV were worth $4,976,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in NXPI. MCF Advisors LLC raised its position in NXP Semiconductors NV by 542.2% in the second quarter. MCF Advisors LLC now owns 1,445 shares of the semiconductor provider’s stock valued at $113,000 after buying an additional 1,220 shares during the last quarter. J.Safra Asset Management Corp acquired a new position in NXP Semiconductors NV during the second quarter valued at $114,000. Coconut Grove Bank raised its position in NXP Semiconductors NV by 5.7% in the second quarter. Coconut Grove Bank now owns 1,474 shares of the semiconductor provider’s stock valued at $115,000 after buying an additional 80 shares during the last quarter. Synovus Financial Corp raised its position in NXP Semiconductors NV by 6,000.0% in the third quarter. Synovus Financial Corp now owns 1,220 shares of the semiconductor provider’s stock valued at $124,000 after buying an additional 1,200 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its position in NXP Semiconductors NV by 21.7% in the second quarter. Parkside Financial Bank & Trust now owns 1,650 shares of the semiconductor provider’s stock valued at $129,000 after buying an additional 294 shares during the last quarter. 84.10% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for NXP Semiconductors NV (NASDAQ:NXPI)

NXP Semiconductors NV (NASDAQ:NXPI) traded down 0.21% during trading on Tuesday, hitting $98.85. 2,851,364 shares of the stock were exchanged. The firm has a 50-day moving average of $99.73 and a 200-day moving average of $89.77. NXP Semiconductors NV has a 52 week low of $61.61 and a 52 week high of $107.54. The stock has a market capitalization of $24.89 billion, a price-to-earnings ratio of 48.89 and a beta of 1.49.

NXP Semiconductors NV (NASDAQ:NXPI) last announced its quarterly earnings data on Wednesday, October 26th. The semiconductor provider reported $0.26 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.34. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $3.08 million. NXP Semiconductors NV had a net margin of 7.53% and a return on equity of 11.56%. The firm’s revenue for the quarter was up 62.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.57 earnings per share. Equities research analysts anticipate that NXP Semiconductors NV will post ($0.19) earnings per share for the current fiscal year.

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A number of equities analysts have commented on the stock. Mizuho lowered shares of NXP Semiconductors NV from a “buy” rating to a “neutral” rating and set a $110.00 price objective on the stock. in a report on Thursday, November 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $115.00 price objective on shares of NXP Semiconductors NV in a report on Monday, October 31st. Raymond James Financial Inc. lowered shares of NXP Semiconductors NV from an “outperform” rating to a “market perform” rating in a report on Sunday, October 30th. Stifel Nicolaus lowered shares of NXP Semiconductors NV from a “buy” rating to a “hold” rating in a report on Saturday, October 29th. Finally, BMO Capital Markets lowered shares of NXP Semiconductors NV from an “outperform” rating to a “market perform” rating in a report on Friday, October 28th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. NXP Semiconductors NV currently has a consensus rating of “Buy” and an average price target of $105.39.

About NXP Semiconductors NV

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company and a long-standing supplier. The Company provides high performance mixed signal and standard product solutions. The Company’s segments include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other.

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