Millie Capital Management buys $2,434,829 stake in NXP Semiconductors NV (NXPI)

NXP Semiconductors NV (NXPI) : Millie Capital Management scooped up 532 additional shares in NXP Semiconductors NV during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 28,551 shares of NXP Semiconductors NV which is valued at $2,434,829.NXP Semiconductors NV makes up approximately 2.60% of Millie Capital Management’s portfolio.

NXP Semiconductors NV opened for trading at $85.12 and hit $86.61 on the upside on Monday, eventually ending the session at $86.34, with a gain of 1.24% or 1.06 points. The heightened volatility saw the trading volume jump to 36,64,495 shares. Company has a market cap of $29,575 M.

Other Hedge Funds, Including , Howard Capital Management added NXPI to its portfolio by purchasing 92,795 company shares during the most recent quarter which is valued at $7,830,970. NXP Semiconductors NV makes up approx 1.51% of Howard Capital Management’s portfolio.Capital One National Association reduced its stake in NXPI by selling 5,817 shares or 26.82% in the most recent quarter. The Hedge Fund company now holds 15,874 shares of NXPI which is valued at $1,339,607. NXP Semiconductors NV makes up approx 0.12% of Capital One National Association’s portfolio.Neville Rodie Shaw Inc boosted its stake in NXPI in the latest quarter, The investment management firm added 8,161 additional shares and now holds a total of 129,300 shares of NXP Semiconductors NV which is valued at $10,910,334. NXP Semiconductors NV makes up approx 1.31% of Neville Rodie Shaw Inc’s portfolio.Bremer Trust National Association boosted its stake in NXPI in the latest quarter, The investment management firm added 912 additional shares and now holds a total of 9,996 shares of NXP Semiconductors NV which is valued at $843,462. NXP Semiconductors NV makes up approx 0.24% of Bremer Trust National Association’s portfolio.

On the company’s financial health, NXP Semiconductors NV reported $1.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on Feb 3, 2016. Analyst had a consensus of $1.02. The company had revenue of $1577.00 million for the quarter, compared to analysts expectations of $1541.18 million. The company’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.35 EPS.

Many Wall Street Analysts have commented on NXP Semiconductors NV. Company shares were Reiterated by Jefferies on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 130 from a previous price target of $112 .Company shares were Reiterated by Topeka Capital Markets on Apr 27, 2016 to “Buy”, Firm has raised the Price Target to $ 100 from a previous price target of $90 .Company shares were Reiterated by Drexel Hamilton on Apr 26, 2016 to “Buy”, Firm has raised the Price Target to $ 115 from a previous price target of $102 .

NXP Semiconductors N.V. (NXP) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions. Its product solutions are used in a range of automotive identification wireless infrastructure lighting industrial mobile consumer and computing applications. The Company operates in two segments: High Performance Mixed Signal (HPMS) and Standard Products (SP). The Company sells two categories of products High Performance Mixed Signal product solutions and Standard Products. The HPMS segment offers semiconductors and system solutions. The SP segment consists of devices which can be incorporated in many different types of electronics equipment and which are sold to a range of customers both directly and through distributors.

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