Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 3.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 45,400 shares of the semiconductor provider’s stock after buying an additional 1,600 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in NXP Semiconductors N.V. were worth $4,969,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Aberdeen Asset Management PLC UK increased its stake in NXP Semiconductors N.V. by 0.5% in the first quarter. Aberdeen Asset Management PLC UK now owns 993,311 shares of the semiconductor provider’s stock worth $102,808,000 after buying an additional 4,467 shares during the period. Proxima Capital Management LLC acquired a new stake in NXP Semiconductors N.V. during the first quarter worth $2,588,000. Vident Investment Advisory LLC acquired a new stake in NXP Semiconductors N.V. during the first quarter worth $327,000. Raymond James Financial Services Advisors Inc. increased its stake in NXP Semiconductors N.V. by 44.4% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 173,296 shares of the semiconductor provider’s stock worth $17,936,000 after buying an additional 53,286 shares during the period. Finally, KBC Group NV increased its stake in NXP Semiconductors N.V. by 315.7% in the first quarter. KBC Group NV now owns 351,365 shares of the semiconductor provider’s stock worth $36,366,000 after buying an additional 266,832 shares during the period. Hedge funds and other institutional investors own 75.97% of the company’s stock.

Shares of NXP Semiconductors N.V. (NXPI) opened at 112.20 on Friday. NXP Semiconductors N.V. has a 12 month low of $80.13 and a 12 month high of $113.39. The stock has a market capitalization of $28.25 billion, a P/E ratio of 19.93 and a beta of 0.89. The stock has a 50 day moving average price of $110.22 and a 200 day moving average price of $106.03.

ILLEGAL ACTIVITY NOTICE: “Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Has $4.97 Million Position in NXP Semiconductors N.V. (NXPI)” was originally published by Daily Political and is owned by of Daily Political. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.dailypolitical.com/2017/08/12/mitsubishi-ufj-kokusai-asset-management-co-ltd-has-4-97-million-position-in-nxp-semiconductors-n-v-nxpi.html.

NXPI has been the topic of a number of analyst reports. Zacks Investment Research downgraded NXP Semiconductors N.V. from a “buy” rating to a “hold” rating in a research note on Wednesday, May 10th. Deutsche Bank AG downgraded NXP Semiconductors N.V. from a “buy” rating to a “hold” rating and set a $110.00 price target on the stock. in a research note on Monday, June 19th. Instinet downgraded NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating and set a $110.00 price target on the stock. in a research note on Monday, May 8th. Stifel Nicolaus restated a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors N.V. in a research note on Tuesday, July 4th. Finally, Mizuho restated 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 investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $110.97.

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.

Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors N.V. (NASDAQ:NXPI).

Institutional Ownership by Quarter for NXP Semiconductors N.V. (NASDAQ:NXPI)

Receive News & Ratings for NXP Semiconductors N.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors N.V. and related companies with MarketBeat.com's FREE daily email newsletter.