HRS Investment Holdings LLC increased its position in NXP Semiconductors NV (NASDAQ:NXPI) by 171.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,500 shares of the semiconductor provider’s stock after purchasing an additional 30,000 shares during the quarter. NXP Semiconductors makes up about 2.6% of HRS Investment Holdings LLC’s portfolio, making the stock its 4th biggest position. HRS Investment Holdings LLC’s holdings in NXP Semiconductors were worth $5,190,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Synovus Financial Corp bought a new position in NXP Semiconductors in the first quarter worth approximately $101,000. Princeton Capital Management LLC bought a new position in NXP Semiconductors in the second quarter worth approximately $127,000. MCF Advisors LLC bought a new position in NXP Semiconductors in the first quarter worth approximately $137,000. Quantitative Systematic Strategies LLC bought a new position in NXP Semiconductors in the second quarter worth approximately $207,000. Finally, Point72 Asia Hong Kong Ltd bought a new position in NXP Semiconductors in the first quarter worth approximately $223,000. 83.58% of the stock is currently owned by institutional investors.

NXP Semiconductors stock opened at $94.41 on Friday. The company has a quick ratio of 2.26, a current ratio of 2.98 and a debt-to-equity ratio of 0.39. The firm has a market cap of $32.26 billion, a price-to-earnings ratio of 13.18, a P/E/G ratio of 0.78 and a beta of 0.82. NXP Semiconductors NV has a twelve month low of $86.67 and a twelve month high of $125.93.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Thursday, July 26th. The semiconductor provider reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.43 by ($0.33). The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.36 billion. NXP Semiconductors had a return on equity of 16.24% and a net margin of 10.35%. analysts anticipate that NXP Semiconductors NV will post 5.98 earnings per share for the current fiscal year.

Several research analysts recently issued reports on the company. SunTrust Banks cut NXP Semiconductors from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $120.82 to $119.00 in a research note on Monday, June 11th. They noted that the move was a valuation call. BidaskClub raised NXP Semiconductors from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 23rd. ValuEngine raised NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Monday, May 14th. Zacks Investment Research raised NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Tuesday, July 10th. Finally, Stifel Nicolaus dropped their price objective on NXP Semiconductors from $102.00 to $99.00 and set a “hold” rating on the stock in a research note on Friday, July 27th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. NXP Semiconductors presently has an average rating of “Hold” and an average price target of $109.88.

NXP Semiconductors Profile

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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

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