Commerzbank Aktiengesellschaft FI trimmed its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 9.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,273 shares of the semiconductor provider’s stock after selling 3,324 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in NXP Semiconductors were worth $3,776,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently modified their holdings of the company. Havens Advisors LLC raised its position in shares of NXP Semiconductors by 42.6% during the fourth quarter. Havens Advisors LLC now owns 113,100 shares of the semiconductor provider’s stock worth $13,243,000 after acquiring an additional 33,800 shares during the last quarter. Aries Wealth Management bought a new position in shares of NXP Semiconductors during the fourth quarter worth about $301,000. State of Alaska Department of Revenue bought a new position in shares of NXP Semiconductors during the fourth quarter worth about $3,605,000. BNP Paribas Arbitrage SA raised its position in shares of NXP Semiconductors by 1.4% during the fourth quarter. BNP Paribas Arbitrage SA now owns 324,905 shares of the semiconductor provider’s stock worth $38,043,000 after acquiring an additional 4,632 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its position in shares of NXP Semiconductors by 1.0% during the fourth quarter. Allianz Asset Management GmbH now owns 271,543 shares of the semiconductor provider’s stock worth $31,795,000 after acquiring an additional 2,755 shares during the last quarter. Institutional investors own 82.03% of the company’s stock.
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Shares of NXPI stock opened at $100.28 on Monday. 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 has a fifty-two week low of $90.83 and a fifty-two week high of $125.93. The company has a market capitalization of $34,460.72, a price-to-earnings ratio of 13.97, a price-to-earnings-growth ratio of 0.77 and a beta of 0.81.
NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Wednesday, February 7th. The semiconductor provider reported $3.06 EPS for the quarter, beating the Zacks’ consensus estimate of $1.61 by $1.45. NXP Semiconductors had a return on equity of 16.73% and a net margin of 10.39%. The firm had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.37 billion. research analysts anticipate that NXP Semiconductors will post 6.42 earnings per share for the current year.
A number of equities analysts have recently issued reports on the company. Stifel Nicolaus lowered their price objective on NXP Semiconductors from $127.50 to $102.00 and set a “hold” rating for the company in a research report on Friday. Mizuho restated a “hold” rating on shares of NXP Semiconductors in a research report on Thursday. Drexel Hamilton upgraded NXP Semiconductors from a “hold” rating to a “buy” rating and lifted their target price for the stock from $110.00 to $127.50 in a report on Thursday. Sanford C. Bernstein set a $115.00 target price on NXP Semiconductors and gave the stock a “hold” rating in a report on Thursday. Finally, ValuEngine downgraded NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. NXP Semiconductors has a consensus rating of “Hold” and a consensus price target of $119.68.
NXP Semiconductors Company 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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