NXP Semiconductors NV (NXPI) : Albion Financial Group Ut reduced its stake in NXP Semiconductors NV by 0.47% during the most recent quarter end. The investment management company now holds a total of 176,193 shares of NXP Semiconductors NV which is valued at $14,868,927 after selling 833 shares in NXP Semiconductors NV , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.NXP Semiconductors NV makes up approximately 2.44% of Albion Financial Group Ut’s portfolio.
NXP Semiconductors NV opened for trading at $86 and hit $88.98 on the upside on Wednesday, eventually ending the session at $88.94, with a gain of 2.60% or 2.25 points. The heightened volatility saw the trading volume jump to 65,53,042 shares. Company has a market cap of $30,418 M.
Other Hedge Funds, Including , Meritage Portfolio Management sold out all of its stake in NXPI during the most recent quarter. The investment firm sold 141,095 shares of NXPI which is valued $11,907,007.Independent Portfolio Consultants boosted its stake in NXPI in the latest quarter, The investment management firm added 35 additional shares and now holds a total of 8,424 shares of NXP Semiconductors NV which is valued at $710,817. NXP Semiconductors NV makes up approx 0.20% of Independent Portfolio Consultants’s portfolio.Vigilant Capital Management reduced its stake in NXPI by selling 2,670 shares or 2.53% in the most recent quarter. The Hedge Fund company now holds 102,975 shares of NXPI which is valued at $8,544,866. NXP Semiconductors NV makes up approx 1.72% of Vigilant Capital Management’s portfolio.Ct Mason reduced its stake in NXPI by selling 357 shares or 1.13% in the most recent quarter. The Hedge Fund company now holds 31,124 shares of NXPI which is valued at $2,582,670. NXP Semiconductors NV makes up approx 1.17% of Ct Mason’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 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 NV was Downgraded by Raymond James to ” Outperform” on Apr 19, 2016.
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.