First Eagle Investment Management LLC acquired a new position in NXP Semiconductors N.V. (NASDAQ:NXPI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 488,149 shares of the semiconductor provider’s stock, valued at approximately $55,205,000. First Eagle Investment Management LLC owned 0.14% of NXP Semiconductors N.V. at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in NXPI. Elliott Management Corp acquired a new position in shares of NXP Semiconductors N.V. during the second quarter valued at $1,354,313,000. BlackRock Inc. boosted its holdings in shares of NXP Semiconductors N.V. by 59.4% during the second quarter. BlackRock Inc. now owns 18,896,814 shares of the semiconductor provider’s stock valued at $2,068,256,000 after acquiring an additional 7,044,701 shares during the period. Tyrus Capital S.A.M. boosted its holdings in shares of NXP Semiconductors N.V. by 277.8% during the second quarter. Tyrus Capital S.A.M. now owns 4,004,227 shares of the semiconductor provider’s stock valued at $438,263,000 after acquiring an additional 2,944,227 shares during the period. Third Point LLC acquired a new position in shares of NXP Semiconductors N.V. during the second quarter valued at $295,515,000. Finally, York Capital Management Global Advisors LLC boosted its holdings in shares of NXP Semiconductors N.V. by 68.5% during the second quarter. York Capital Management Global Advisors LLC now owns 5,377,282 shares of the semiconductor provider’s stock valued at $588,543,000 after acquiring an additional 2,186,645 shares during the period. 79.96% of the stock is owned by hedge funds and other institutional investors.

Shares of NXP Semiconductors N.V. (NASDAQ NXPI) traded down $0.15 during trading on Tuesday, reaching $115.50. 418,303 shares of the company’s stock traded hands, compared to its average volume of 2,748,719. The company has a current ratio of 2.04, a quick ratio of 1.59 and a debt-to-equity ratio of 0.45. NXP Semiconductors N.V. has a 12-month low of $96.00 and a 12-month high of $118.20. The company has a market capitalization of $39,344.32, a PE ratio of 20.36, a PEG ratio of 1.01 and a beta of 0.85.

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NXPI has been the subject of several analyst reports. Sanford C. Bernstein downgraded shares of NXP Semiconductors N.V. from an “outperform” rating to a “market perform” rating and set a $125.00 price target for the company. in a report on Thursday, October 26th. BidaskClub raised shares of NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Morgan Stanley boosted their price target on shares of NXP Semiconductors N.V. from $110.00 to $117.50 and gave the company an “equal weight” rating in a report on Monday, August 7th. Jefferies Group LLC set a $110.00 price objective on shares of NXP Semiconductors N.V. and gave the company a “hold” rating in a research note on Thursday, October 19th. Finally, Zacks Investment Research cut shares of NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Seventeen equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. NXP Semiconductors N.V. currently has an average rating of “Hold” and a consensus target price of $112.57.

NXP Semiconductors N.V. 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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