Trillium Asset Management LLC increased its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 1.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 286,463 shares of the semiconductor provider’s stock after buying an additional 3,114 shares during the period. NXP Semiconductors NV comprises about 1.5% of Trillium Asset Management LLC’s portfolio, making the stock its 6th largest position. Trillium Asset Management LLC’s holdings in NXP Semiconductors NV were worth $22,442,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the company. Arrowgrass Capital Partners US LP acquired a new position in NXP Semiconductors NV during the first quarter worth about $25,618,000. Strs Ohio increased its position in NXP Semiconductors NV by 36.2% in the second quarter. Strs Ohio now owns 342,348 shares of the semiconductor provider’s stock worth $26,819,000 after buying an additional 90,900 shares in the last quarter. Calamos Advisors LLC increased its position in NXP Semiconductors NV by 685.1% in the second quarter. Calamos Advisors LLC now owns 416,080 shares of the semiconductor provider’s stock worth $32,596,000 after buying an additional 363,080 shares in the last quarter. Jericho Capital Asset Management L.P. acquired a new position in NXP Semiconductors NV during the first quarter worth about $31,131,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in NXP Semiconductors NV during the first quarter worth about $277,000. Institutional investors and hedge funds own 85.49% of the company’s stock.
Shares of NXP Semiconductors NV (NASDAQ:NXPI) traded up 0.46% during trading on Tuesday, hitting $103.23. 5,728,708 shares of the stock traded hands. The firm has a market cap of $25.99 billion, a PE ratio of 33.45 and a beta of 1.62. The company’s 50 day moving average is $87.08 and its 200 day moving average is $85.16. NXP Semiconductors NV has a 52-week low of $61.61 and a 52-week high of $105.00.
NXP Semiconductors NV (NASDAQ:NXPI) last posted its earnings results on Wednesday, July 27th. The semiconductor provider reported $1.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.35 by $0.04. NXP Semiconductors NV had a net margin of 11.95% and a return on equity of 14.34%. The firm earned $2.37 billion during the quarter, compared to the consensus estimate of $2.35 billion. During the same period last year, the firm posted $1.44 EPS. The firm’s revenue for the quarter was up 57.0% on a year-over-year basis. On average, equities research analysts predict that NXP Semiconductors NV will post $5.75 EPS for the current year.
NXPI has been the subject of a number of research reports. AlphaValue downgraded shares of NXP Semiconductors NV to a “buy” rating in a research report on Friday. Jefferies Group restated a “buy” rating and set a $130.00 target price (up from $96.12) on shares of NXP Semiconductors NV in a research report on Friday. Zacks Investment Research downgraded shares of NXP Semiconductors NV from a “hold” rating to a “sell” rating in a research report on Wednesday, September 28th. Nomura restated a “buy” rating and set a $100.00 target price on shares of NXP Semiconductors NV in a research report on Wednesday, June 29th. Finally, Summit Redstone reaffirmed a “buy” rating and issued a $91.00 price objective on shares of NXP Semiconductors NV in a report on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-six have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $105.87.
NXP Semiconductors NV Company Profile
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company and a long-standing supplier. The Company provides high performance mixed signal and standard product solutions. The Company’s segments include High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other.
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