NXP Semiconductors (NASDAQ:NXPI) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

NXPI has been the subject of several other research reports. Mizuho reissued a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors in a research report on Wednesday, October 4th. Stifel Nicolaus reissued a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors in a research report on Wednesday, October 4th. Zacks Investment Research raised shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Robert W. Baird reissued a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors in a research report on Friday, October 27th. Finally, KeyCorp reissued a “hold” rating on shares of NXP Semiconductors in a research report on Friday, September 8th. Nineteen analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $112.57.

Shares of NXP Semiconductors (NASDAQ NXPI) traded up $0.42 during mid-day trading on Tuesday, reaching $116.06. 1,560,700 shares of the company’s stock traded hands, compared to its average volume of 2,749,885. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.04 and a quick ratio of 1.59. NXP Semiconductors has a 52 week low of $96.00 and a 52 week high of $118.20. The stock has a market cap of $39,205.31, a PE ratio of 20.29, a PEG ratio of 1.00 and a beta of 0.82.

Several institutional investors have recently added to or reduced their stakes in NXPI. Fieldpoint Private Securities LLC purchased a new stake in NXP Semiconductors in the third quarter valued at $113,000. TCI Wealth Advisors Inc. lifted its position in NXP Semiconductors by 4.6% in the second quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock valued at $130,000 after acquiring an additional 52 shares during the last quarter. Risk Paradigm Group LLC lifted its position in NXP Semiconductors by 92.3% in the third quarter. Risk Paradigm Group LLC now owns 1,192 shares of the semiconductor provider’s stock valued at $135,000 after acquiring an additional 572 shares during the last quarter. Horan Capital Advisors LLC. purchased a new stake in NXP Semiconductors in the third quarter valued at $136,000. Finally, Picton Mahoney Asset Management purchased a new stake in NXP Semiconductors in the second quarter valued at $165,000. 82.72% of the stock is owned by institutional investors and hedge funds.

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About NXP Semiconductors

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 (NASDAQ:NXPI)

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