Lipe Dalton buys $4.8 Million stake in NXP Semiconductors NV (NXPI)

NXP Semiconductors NV (NXPI) : Lipe Dalton scooped up 16,875 additional shares in NXP Semiconductors NV during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 57,280 shares of NXP Semiconductors NV which is valued at $4.8 Million.NXP Semiconductors NV makes up approximately 3.72% of Lipe Dalton’s portfolio.

Other Hedge Funds, Including , Cannell Peter B Co Inc sold out all of its stake in NXPI during the most recent quarter. The investment firm sold 816,024 shares of NXPI which is valued $67.8 Million.Trexquant Investment Lp reduced its stake in NXPI by selling 25,800 shares or 62.77% in the most recent quarter. The Hedge Fund company now holds 15,300 shares of NXPI which is valued at $1.3 Million. NXP Semiconductors NV makes up approx 0.15% of Trexquant Investment Lp’s portfolio.Ngam Advisors reduced its stake in NXPI by selling 25,356 shares or 30.17% in the most recent quarter. The Hedge Fund company now holds 58,688 shares of NXPI which is valued at $5 Million. NXP Semiconductors NV makes up approx 0.07% of Ngam Advisors’s portfolio.

NXP Semiconductors NV opened for trading at $87.5 and hit $88.81 on the upside on Friday, eventually ending the session at $88.39, with a gain of 2.27% or 1.96 points. The heightened volatility saw the trading volume jump to 41,49,494 shares. Company has a market cap of $30,583,205 M.

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. Credit Agricole Initiated NXP Semiconductors NV on May 17, 2016 to “Buy”, Price Target of the shares are set at $105.NXP Semiconductors NV was Upgraded by Goldman to ” Buy” on May 5, 2016. 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 .

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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