Captrust Financial Advisors acquired a new stake in shares of NXP Semiconductors NV (NASDAQ:NXPI) in the 4th quarter, Holdings Channel reports. The firm acquired 6,637 shares of the semiconductor provider’s stock, valued at approximately $777,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of NXP Semiconductors by 1.9% during the fourth quarter. BlackRock Inc. now owns 19,595,554 shares of the semiconductor provider’s stock worth $2,294,444,000 after buying an additional 366,810 shares during the last quarter. HBK Investments L P grew its stake in shares of NXP Semiconductors by 3.7% during the fourth quarter. HBK Investments L P now owns 14,858,400 shares of the semiconductor provider’s stock worth $1,739,770,000 after buying an additional 524,967 shares during the last quarter. Farallon Capital Management LLC grew its stake in shares of NXP Semiconductors by 1.2% during the fourth quarter. Farallon Capital Management LLC now owns 7,815,000 shares of the semiconductor provider’s stock worth $915,058,000 after buying an additional 90,000 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of NXP Semiconductors by 35.5% during the fourth quarter. Renaissance Technologies LLC now owns 3,251,504 shares of the semiconductor provider’s stock worth $380,719,000 after buying an additional 852,289 shares during the last quarter. Finally, Cowen Inc. grew its stake in shares of NXP Semiconductors by 160.7% during the third quarter. Cowen Inc. now owns 2,916,094 shares of the semiconductor provider’s stock worth $329,781,000 after buying an additional 1,797,529 shares during the last quarter. 82.82% of the stock is currently owned by hedge funds and other institutional investors.

How to Become a New Pot Stock Millionaire

Shares of NXP Semiconductors NV (NXPI) opened at $122.63 on Wednesday. The company has a quick ratio of 1.77, a current ratio of 2.22 and a debt-to-equity ratio of 0.42. NXP Semiconductors NV has a one year low of $102.60 and a one year high of $125.93. The firm has a market cap of $42,410.00, a price-to-earnings ratio of 19.10, a P/E/G ratio of 0.95 and a beta of 0.67.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Wednesday, February 7th. The semiconductor provider reported $3.06 earnings per share for the quarter, topping the consensus estimate of $1.61 by $1.45. NXP Semiconductors had a net margin of 23.93% and a return on equity of 18.68%. The company had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.37 billion. analysts forecast that NXP Semiconductors NV will post 6.51 EPS for the current year.

NXPI has been the topic of a number of research reports. Zacks Investment Research raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating and set a $131.00 target price on the stock in a research note on Saturday, December 23rd. ValuEngine raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Jefferies Group reaffirmed a “hold” rating and set a $120.00 target price on shares of NXP Semiconductors in a research note on Tuesday, February 13th. Mizuho reaffirmed a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors in a research note on Thursday, February 8th. Finally, Sanford C. Bernstein set a $125.00 target price on shares of NXP Semiconductors and gave the stock a “hold” rating in a research note on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. NXP Semiconductors currently has a consensus rating of “Hold” and an average target price of $117.00.

ILLEGAL ACTIVITY WARNING: “6,637 Shares in NXP Semiconductors NV (NXPI) Acquired by Captrust Financial Advisors” was first reported by Daily Political and is the sole property of of Daily Political. If you are reading this story on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The correct version of this story can be viewed at https://www.dailypolitical.com/2018/03/14/6637-shares-in-nxp-semiconductors-nv-nxpi-acquired-by-captrust-financial-advisors.html.

NXP Semiconductors 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 NV (NASDAQ:NXPI).

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

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