Amalgamated Bank acquired a new position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 33,174 shares of the semiconductor provider’s stock, valued at approximately $3,631,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of NXPI. State Board of Administration of Florida Retirement System lifted its stake in NXP Semiconductors N.V. by 0.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 15,389 shares of the semiconductor provider’s stock worth $1,593,000 after purchasing an additional 100 shares during the last quarter. Karp Capital Management Corp bought a new stake in NXP Semiconductors N.V. in the first quarter worth $5,047,000. Lipe & Dalton lifted its stake in NXP Semiconductors N.V. by 7.3% in the first quarter. Lipe & Dalton now owns 55,725 shares of the semiconductor provider’s stock worth $5,768,000 after purchasing an additional 3,780 shares during the last quarter. Lyell Wealth Management LP lifted its stake in NXP Semiconductors N.V. by 1.7% in the first quarter. Lyell Wealth Management LP now owns 25,290 shares of the semiconductor provider’s stock worth $2,630,000 after purchasing an additional 415 shares during the last quarter. Finally, BBT Capital Management LLC lifted its stake in NXP Semiconductors N.V. by 33.3% in the first quarter. BBT Capital Management LLC now owns 200,000 shares of the semiconductor provider’s stock worth $20,700,000 after purchasing an additional 50,000 shares during the last quarter. 78.85% of the stock is owned by institutional investors.

Shares of NXP Semiconductors N.V. (NASDAQ NXPI) traded up 0.39% during trading on Friday, hitting $112.84. 1,775,788 shares of the company traded hands. The company has a market capitalization of $28.41 billion, a price-to-earnings ratio of 20.04 and a beta of 0.89. The company has a 50 day moving average price of $112.26 and a 200 day moving average price of $108.08. NXP Semiconductors N.V. has a 52 week low of $81.50 and a 52 week high of $113.39.

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Several research firms have weighed in on NXPI. BidaskClub raised shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. ValuEngine downgraded shares of NXP Semiconductors N.V. from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Mizuho reissued 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. Morgan Stanley boosted their price target on shares of NXP Semiconductors N.V. from $110.00 to $117.50 and gave the stock an “equal weight” rating in a research note on Monday, August 7th. Finally, Zacks Investment Research raised shares of NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. NXP Semiconductors N.V. currently has an average 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.

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

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