NXP Semiconductors NV (NXPI) : Vigilant Capital Management reduced its stake in NXP Semiconductors NV by 1.07% during the most recent quarter end. The investment management company now holds a total of 101,875 shares of NXP Semiconductors NV which is valued at $8,574,819 after selling 1,100 shares in NXP Semiconductors NV , the firm said in a disclosure report filed with the SEC on Jul 18, 2016.NXP Semiconductors NV makes up approximately 1.59% of Vigilant Capital Management’s portfolio.
Other Hedge Funds, Including , Barrett Asset Management sold out all of its stake in NXPI during the most recent quarter. The investment firm sold 270 shares of NXPI which is valued $22,726.Fisher Asset Management boosted its stake in NXPI in the latest quarter, The investment management firm added 229,193 additional shares and now holds a total of 796,773 shares of NXP Semiconductors NV which is valued at $64,283,646. NXP Semiconductors NV makes up approx 0.12% of Fisher Asset Management’s portfolio.Franklin Street Advisors Inc Nc boosted its stake in NXPI in the latest quarter, The investment management firm added 27,225 additional shares and now holds a total of 47,181 shares of NXP Semiconductors NV which is valued at $3,806,563. NXP Semiconductors NV makes up approx 0.70% of Franklin Street Advisors Inc Nc’s portfolio.Stock Yards Bank Trust Co boosted its stake in NXPI in the latest quarter, The investment management firm added 1,597 additional shares and now holds a total of 75,139 shares of NXP Semiconductors NV which is valued at $5,743,625. NXP Semiconductors NV makes up approx 0.77% of Stock Yards Bank Trust Co’s portfolio.
NXP Semiconductors NV opened for trading at $82.16 and hit $84.86 on the upside on Wednesday, eventually ending the session at $84.17, with a gain of 3.23% or 2.63 points. The heightened volatility saw the trading volume jump to 64,33,204 shares. Company has a market cap of $28,832 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. NXP Semiconductors NV was Downgraded by BofA/Merrill to ” Neutral” on Jun 27, 2016. 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.
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.