NXP Semiconductors N.V. (NASDAQ:NXPI) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

NXPI has been the topic of several other research reports. Mizuho reiterated a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors N.V. in a research note on Thursday, August 3rd. Zacks Investment Research upgraded NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research note on Tuesday. Morgan Stanley boosted their price target on NXP Semiconductors N.V. from $110.00 to $117.50 and gave the stock an “equal weight” rating in a research note on Monday. BidaskClub upgraded NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Drexel Hamilton reiterated a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors N.V. in a research note on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, nineteen have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $110.97.

NXP Semiconductors N.V. (NXPI) traded up 0.02% during trading on Tuesday, hitting $112.98. The stock had a trading volume of 1,576,925 shares. The firm has a market cap of $28.44 billion, a price-to-earnings ratio of 20.08 and a beta of 0.89. The stock’s 50-day moving average is $109.72 and its 200 day moving average is $105.49. NXP Semiconductors N.V. has a one year low of $80.13 and a one year high of $113.39.

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Several hedge funds have recently added to or reduced their stakes in the stock. NF Trinity Capital Hong Kong Ltd raised its stake in NXP Semiconductors N.V. by 135.5% in the first quarter. NF Trinity Capital Hong Kong Ltd now owns 150,000 shares of the semiconductor provider’s stock worth $170,000 after buying an additional 86,296 shares during the last quarter. Welch & Forbes LLC acquired a new stake in NXP Semiconductors N.V. during the first quarter worth about $204,000. Boston Family Office LLC acquired a new stake in NXP Semiconductors N.V. during the first quarter worth about $207,000. AQR Capital Management LLC acquired a new stake in NXP Semiconductors N.V. during the fourth quarter worth about $210,000. Finally, RFG Advisory Group LLC acquired a new stake in NXP Semiconductors N.V. during the second quarter worth about $211,000. Institutional investors own 75.97% of the company’s stock.

NXP Semiconductors N.V. Company Profile

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

Analyst Recommendations for NXP Semiconductors N.V. (NASDAQ:NXPI)

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