KCS Wealth Advisory bought a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,376 shares of the semiconductor provider’s stock, valued at approximately $278,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fieldpoint Private Securities LLC bought a new position in NXP Semiconductors during the 3rd quarter valued at approximately $113,000. Risk Paradigm Group LLC increased its position in NXP Semiconductors by 92.3% during the 3rd quarter. Risk Paradigm Group LLC now owns 1,192 shares of the semiconductor provider’s stock valued at $135,000 after buying an additional 572 shares in the last quarter. Horan Capital Advisors LLC. bought a new position in NXP Semiconductors during the 3rd quarter valued at approximately $136,000. Picton Mahoney Asset Management bought a new position in NXP Semiconductors during the 2nd quarter valued at approximately $165,000. Finally, BT Investment Management Ltd bought a new position in NXP Semiconductors during the 2nd quarter valued at approximately $166,000. Institutional investors own 82.24% of the company’s stock.
A number of research firms recently weighed in on NXPI. BidaskClub lowered NXP Semiconductors from a “hold” rating to a “sell” rating in a research report on Wednesday. Zacks Investment Research raised NXP Semiconductors from a “hold” rating to a “buy” rating and set a $131.00 price objective for the company in a research report on Tuesday, October 31st. Sanford C. Bernstein lowered NXP Semiconductors from an “outperform” rating to a “market perform” rating and set a $125.00 price objective for the company. in a research report on Thursday, October 26th. Robert W. Baird reaffirmed a “hold” rating and set a $110.00 price objective on shares of NXP Semiconductors in a research report on Friday, October 27th. Finally, Jefferies Group set a $115.00 price objective on NXP Semiconductors and gave the company a “hold” rating in a research report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. NXP Semiconductors has a consensus rating of “Hold” and a consensus target price of $113.11.
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NXP Semiconductors Profile
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.
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