NXP Semiconductors NV (NXPI) : Investec Asset Management North America scooped up 13,552 additional shares in NXP Semiconductors NV during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 145,100 shares of NXP Semiconductors NV which is valued at $12,482,953.NXP Semiconductors NV makes up approximately 1.77% of Investec Asset Management North America’s portfolio.
Other Hedge Funds, Including , Korea Investment Corp boosted its stake in NXPI in the latest quarter, The investment management firm added 119,686 additional shares and now holds a total of 576,837 shares of NXP Semiconductors NV which is valued at $49,625,287. NXP Semiconductors NV makes up approx 0.28% of Korea Investment Corp’s portfolio.William Blair Investment Management boosted its stake in NXPI in the latest quarter, The investment management firm added 94,968 additional shares and now holds a total of 3,332,298 shares of NXP Semiconductors NV which is valued at $287,177,442. NXP Semiconductors NV makes up approx 1.06% of William Blair Investment Management’s portfolio.Suffolk Capital Management reduced its stake in NXPI by selling 7,483 shares or 4.19% in the most recent quarter. The Hedge Fund company now holds 171,103 shares of NXPI which is valued at $14,745,657. NXP Semiconductors NV makes up approx 1.77% of Suffolk Capital Management’s portfolio. Lmr Partners Llp sold out all of its stake in NXPI during the most recent quarter. The investment firm sold 155,841 shares of NXPI which is valued $13,104,670.Nordea Investment Management Ab boosted its stake in NXPI in the latest quarter, The investment management firm added 26,400 additional shares and now holds a total of 50,074 shares of NXP Semiconductors NV which is valued at $4,214,729. NXP Semiconductors NV makes up approx 0.01% of Nordea Investment Management Ab’s portfolio.
NXP Semiconductors NV opened for trading at $88.69 and hit $89.55 on the upside on Monday, eventually ending the session at $88.94, with a gain of 0.51% or 0.45 points. The heightened volatility saw the trading volume jump to 15,89,990 shares. Company has a market cap of $30,169 M.
On the company’s financial health, NXP Semiconductors NV reported $1.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $1.35. The company had revenue of $2365.00 million for the quarter, compared to analysts expectations of $2340.08 million. The company’s revenue was up 57.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 EPS.
Many Wall Street Analysts have commented on NXP Semiconductors NV. Robert W. Baird Initiated NXP Semiconductors NV on Aug 2, 2016 to “Outperform”, Price Target of the shares are set at $110.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 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.