Ruffer LLP lessened its holdings in NXP Semiconductors NV (NASDAQ:NXPI) by 47.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 71,073 shares of the semiconductor provider’s stock after selling 64,519 shares during the quarter. Ruffer LLP’s holdings in NXP Semiconductors were worth $6,281,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in NXPI. Norges Bank bought a new position in shares of NXP Semiconductors in the fourth quarter worth approximately $234,256,000. Boston Partners bought a new position in shares of NXP Semiconductors in the first quarter worth approximately $149,891,000. Brandes Investment Partners LP bought a new position in shares of NXP Semiconductors in the fourth quarter worth approximately $122,567,000. Sound Shore Management Inc. CT bought a new position in shares of NXP Semiconductors in the fourth quarter worth approximately $101,480,000. Finally, First Trust Advisors LP lifted its stake in shares of NXP Semiconductors by 1,207.1% in the fourth quarter. First Trust Advisors LP now owns 955,692 shares of the semiconductor provider’s stock worth $70,033,000 after buying an additional 882,579 shares in the last quarter. Institutional investors and hedge funds own 76.52% of the company’s stock.

NXPI traded down $0.12 during trading on Wednesday, hitting $89.49. The company’s stock had a trading volume of 1,125,964 shares, compared to its average volume of 4,190,832. The company has a current ratio of 1.42, a quick ratio of 1.04 and a debt-to-equity ratio of 0.63. NXP Semiconductors NV has a one year low of $67.62 and a one year high of $122.24. The company has a market capitalization of $30.18 billion, a PE ratio of 15.07, a PEG ratio of 1.11 and a beta of 1.16.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Monday, April 29th. The semiconductor provider reported $1.72 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.47. NXP Semiconductors had a net margin of 23.06% and a return on equity of 18.33%. The business had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.09 billion. Equities analysts forecast that NXP Semiconductors NV will post 6.59 earnings per share for the current fiscal year.

A number of brokerages recently weighed in on NXPI. BidaskClub upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Friday, May 3rd. Piper Jaffray Companies increased their price objective on shares of NXP Semiconductors from $100.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, April 9th. ValuEngine upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Saturday, April 13th. Barclays restated a “buy” rating on shares of NXP Semiconductors in a research report on Sunday, May 5th. Finally, Needham & Company LLC increased their price objective on shares of NXP Semiconductors to $105.00 and gave the company a “strong-buy” rating in a research report on Friday, February 8th. Three analysts have rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $99.42.

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About NXP Semiconductors

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; battery cell controllers; 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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