Forsta AP Fonden Buys New Stake in NXP Semiconductors N.V. (NXPI)

Forsta AP Fonden bought a new position in NXP Semiconductors N.V. (NASDAQ:NXPI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 55,797 shares of the semiconductor provider’s stock, valued at approximately $6,107,000.

A number of other institutional investors also recently made changes to their positions in the company. NF Trinity Capital Hong Kong Ltd boosted its position in shares of NXP Semiconductors N.V. by 135.5% in the first quarter. NF Trinity Capital Hong Kong Ltd now owns 150,000 shares of the semiconductor provider’s stock worth $170,000 after buying an additional 86,296 shares in the last quarter. Welch & Forbes LLC bought a new position in shares of NXP Semiconductors N.V. during the first quarter worth approximately $204,000. Boston Family Office LLC bought a new position in shares of NXP Semiconductors N.V. during the first quarter worth approximately $207,000. AQR Capital Management LLC bought a new position in shares of NXP Semiconductors N.V. during the fourth quarter worth approximately $210,000. Finally, Assetmark Inc. boosted its position in shares of NXP Semiconductors N.V. by 3.3% in the first quarter. Assetmark Inc. now owns 2,060 shares of the semiconductor provider’s stock worth $213,000 after buying an additional 66 shares in the last quarter. 75.97% of the stock is currently owned by institutional investors.

NXP Semiconductors N.V. (NASDAQ:NXPI) opened at 112.20 on Friday. NXP Semiconductors N.V. has a 52-week low of $80.13 and a 52-week high of $113.39. The company has a 50-day moving average price of $110.22 and a 200 day moving average price of $106.03. The stock has a market cap of $28.25 billion, a price-to-earnings ratio of 19.93 and a beta of 0.89.

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A number of equities analysts recently commented on NXPI shares. Zacks Investment Research raised NXP Semiconductors N.V. from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a report on Tuesday, May 9th. ValuEngine raised NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a report on Tuesday, July 25th. BidaskClub raised NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a report on Wednesday. Morgan Stanley raised their price target on NXP Semiconductors N.V. from $110.00 to $117.50 and gave the company an “equal weight” rating in a report on Monday, August 7th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $110.00 price target on shares of NXP Semiconductors N.V. in a report on Monday, July 10th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $110.97.

About NXP Semiconductors N.V.

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.

Institutional Ownership by Quarter for NXP Semiconductors N.V. (NASDAQ:NXPI)

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