Oppenheimer & Co. Inc. lessened its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 81.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,623 shares of the semiconductor provider’s stock after selling 15,456 shares during the period. Oppenheimer & Co. Inc.’s holdings in NXP Semiconductors N.V. were worth $397,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of NXPI. State Board of Administration of Florida Retirement System increased its position in NXP Semiconductors N.V. by 0.7% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 15,389 shares of the semiconductor provider’s stock valued at $1,593,000 after buying an additional 100 shares in the last quarter. Karp Capital Management Corp bought a new position in NXP Semiconductors N.V. during the 1st quarter valued at approximately $5,047,000. BBT Capital Management LLC increased its position in NXP Semiconductors N.V. by 33.3% during the 1st quarter. BBT Capital Management LLC now owns 200,000 shares of the semiconductor provider’s stock valued at $20,700,000 after buying an additional 50,000 shares in the last quarter. Kassirer Asset Management Corp increased its position in NXP Semiconductors N.V. by 66.7% during the 1st quarter. Kassirer Asset Management Corp now owns 25,000 shares of the semiconductor provider’s stock valued at $2,588,000 after buying an additional 10,000 shares in the last quarter. Finally, Quantitative Investment Management LLC increased its position in NXP Semiconductors N.V. by 1,215.2% during the 1st quarter. Quantitative Investment Management LLC now owns 285,400 shares of the semiconductor provider’s stock valued at $29,538,000 after buying an additional 263,700 shares in the last quarter. 78.85% of the stock is owned by institutional investors.

A number of research firms recently weighed in on NXPI. ValuEngine lowered NXP Semiconductors N.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub raised NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Zacks Investment Research raised NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. KeyCorp reissued a “hold” rating on shares of NXP Semiconductors N.V. in a report on Friday, September 8th. Finally, Morgan Stanley lifted their target price on NXP Semiconductors N.V. from $110.00 to $117.50 and gave the stock an “equal weight” rating in a report on Monday, August 7th. One analyst has rated the stock with a sell rating, nineteen have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $110.97.

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NXP Semiconductors N.V. (NASDAQ:NXPI) opened at 112.84 on Friday. The company’s 50-day moving average price is $112.26 and its 200 day moving average price is $108.08. The stock has a market capitalization of $28.41 billion, a P/E ratio of 20.04 and a beta of 0.89. NXP Semiconductors N.V. has a 52-week low of $81.50 and a 52-week high of $113.39.

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.

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

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