NXP Semiconductors N.V. (NXPI) Position Lessened by Hemenway Trust Co LLC

Hemenway Trust Co LLC lowered its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 92.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,607 shares of the semiconductor provider’s stock after selling 33,360 shares during the quarter. Hemenway Trust Co LLC’s holdings in NXP Semiconductors N.V. were worth $295,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Aperio Group LLC increased its position in shares of NXP Semiconductors N.V. by 18.5% during the 3rd quarter. Aperio Group LLC now owns 72,206 shares of the semiconductor provider’s stock worth $8,166,000 after purchasing an additional 11,292 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of NXP Semiconductors N.V. during the 3rd quarter worth about $26,470,000. Mizuho Securities USA LLC increased its position in shares of NXP Semiconductors N.V. by 25.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 12,500 shares of the semiconductor provider’s stock worth $1,414,000 after purchasing an additional 2,500 shares in the last quarter. Strs Ohio increased its position in shares of NXP Semiconductors N.V. by 0.9% during the 3rd quarter. Strs Ohio now owns 513,756 shares of the semiconductor provider’s stock worth $58,100,000 after purchasing an additional 4,808 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of NXP Semiconductors N.V. by 1.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 34,921 shares of the semiconductor provider’s stock worth $3,949,000 after purchasing an additional 453 shares in the last quarter. Institutional investors and hedge funds own 78.90% of the company’s stock.

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) traded down 0.18% on Monday, hitting $116.72. 1,166,862 shares of the stock traded hands. The stock has a market cap of $29.38 billion, a PE ratio of 20.73 and a beta of 0.88. The stock has a 50 day moving average of $114.06 and a 200-day moving average of $110.36. NXP Semiconductors N.V. has a 1-year low of $95.88 and a 1-year high of $118.00.

A number of equities research analysts recently issued reports on the stock. Robert W. Baird reiterated a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors N.V. in a research report on Friday. Jefferies Group LLC set a $115.00 target price on shares of NXP Semiconductors N.V. and gave the stock a “hold” rating in a research report on Thursday. Sanford C. Bernstein cut shares of NXP Semiconductors N.V. from an “outperform” rating to a “market perform” rating and set a $125.00 target price for the company. in a research report on Thursday. Zacks Investment Research upgraded shares of NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, Mizuho reiterated a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors N.V. in a research report on Wednesday, October 4th. Nineteen equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. NXP Semiconductors N.V. has a consensus rating of “Hold” and a consensus price target of $111.25.

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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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