Lipe & Dalton Has $5.768 Million Stake in NXP Semiconductors NV (NXPI)

Lipe & Dalton raised its position in shares of NXP Semiconductors NV (NASDAQ:NXPI) by 7.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 55,725 shares of the semiconductor provider’s stock after buying an additional 3,780 shares during the period. NXP Semiconductors NV makes up approximately 4.2% of Lipe & Dalton’s holdings, making the stock its 2nd largest position. Lipe & Dalton’s holdings in NXP Semiconductors NV were worth $5,768,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Elliott Management Corp acquired a new stake in shares of NXP Semiconductors NV during the fourth quarter worth approximately $88,923,000. Advisors Asset Management Inc. boosted its stake in shares of NXP Semiconductors NV by 22.3% in the third quarter. Advisors Asset Management Inc. now owns 41,113 shares of the semiconductor provider’s stock worth $4,194,000 after buying an additional 7,484 shares in the last quarter. Eton Park Capital Management L.P. acquired a new stake in shares of NXP Semiconductors NV during the fourth quarter worth approximately $330,419,000. Hudson Bay Capital Management LP boosted its stake in shares of NXP Semiconductors NV by 276.7% in the fourth quarter. Hudson Bay Capital Management LP now owns 470,839 shares of the semiconductor provider’s stock worth $46,147,000 after buying an additional 345,839 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. boosted its stake in shares of NXP Semiconductors NV by 0.5% in the first quarter. Stock Yards Bank & Trust Co. now owns 75,801 shares of the semiconductor provider’s stock worth $7,846,000 after buying an additional 359 shares in the last quarter. 80.30% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for NXP Semiconductors NV (NASDAQ:NXPI)

Shares of NXP Semiconductors NV (NASDAQ:NXPI) traded up 0.45% during trading on Friday, hitting $107.75. 2,773,353 shares of the company were exchanged. The firm’s 50-day moving average price is $105.31 and its 200 day moving average price is $101.25. NXP Semiconductors NV has a 12 month low of $73.62 and a 12 month high of $107.83. The firm has a market capitalization of $27.13 billion, a PE ratio of 19.72 and a beta of 1.21.

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NXPI has been the subject of a number of research reports. Zacks Investment Research cut shares of NXP Semiconductors NV from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 14th. Needham & Company LLC reaffirmed a “strong-buy” rating and set a $110.00 target price on shares of NXP Semiconductors NV in a report on Monday, January 30th. Vetr cut shares of NXP Semiconductors NV from a “buy” rating to a “hold” rating and set a $104.99 target price for the company. in a report on Tuesday, February 7th. Canaccord Genuity reaffirmed a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors NV in a report on Tuesday, January 31st. Finally, Oppenheimer Holdings Inc. reaffirmed a “market perform” rating on shares of NXP Semiconductors NV in a report on Tuesday, February 7th. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. NXP Semiconductors NV has an average rating of “Hold” and a consensus target price of $109.61.

About NXP Semiconductors NV

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

5 Day Chart for NASDAQ:NXPI

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