Gilbert & Cook Inc. Invests $245,000 in NXP Semiconductors NV (NASDAQ:NXPI)

Gilbert & Cook Inc. acquired a new position in NXP Semiconductors NV (NASDAQ:NXPI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,242 shares of the semiconductor provider’s stock, valued at approximately $245,000.

Several other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its stake in shares of NXP Semiconductors by 2.7% in the second quarter. Quadrant Capital Group LLC now owns 3,858 shares of the semiconductor provider’s stock valued at $367,000 after purchasing an additional 102 shares during the period. Wetherby Asset Management Inc. boosted its stake in NXP Semiconductors by 2.3% during the 3rd quarter. Wetherby Asset Management Inc. now owns 4,575 shares of the semiconductor provider’s stock valued at $500,000 after acquiring an additional 102 shares during the last quarter. Lantz Financial LLC boosted its stake in NXP Semiconductors by 0.8% during the 3rd quarter. Lantz Financial LLC now owns 14,189 shares of the semiconductor provider’s stock valued at $1,514,000 after acquiring an additional 108 shares during the last quarter. Pinnacle Bank boosted its stake in NXP Semiconductors by 25.4% during the 2nd quarter. Pinnacle Bank now owns 558 shares of the semiconductor provider’s stock valued at $54,000 after acquiring an additional 113 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in NXP Semiconductors by 17.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 784 shares of the semiconductor provider’s stock valued at $86,000 after acquiring an additional 118 shares during the last quarter. 74.41% of the stock is owned by institutional investors.

In other NXP Semiconductors news, EVP Keith M. Shull sold 4,569 shares of the firm’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $105.53, for a total value of $482,166.57. Following the completion of the transaction, the executive vice president now directly owns 13,783 shares in the company, valued at $1,454,519.99. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Keith M. Shull sold 4,196 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $108.14, for a total transaction of $453,755.44. Following the completion of the transaction, the executive vice president now owns 9,587 shares of the company’s stock, valued at $1,036,738.18. The disclosure for this sale can be found here.

A number of research analysts have commented on the stock. Sanford C. Bernstein set a $125.00 price objective on shares of NXP Semiconductors and gave the company a “buy” rating in a research note on Wednesday, September 18th. Mizuho upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and increased their price objective for the company from $108.00 to $130.00 in a research note on Tuesday, November 5th. KeyCorp increased their price objective on shares of NXP Semiconductors from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Stifel Nicolaus reduced their price objective on shares of NXP Semiconductors from $105.00 to $100.00 and set a “hold” rating on the stock in a research note on Thursday, August 29th. Finally, BidaskClub upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Thursday, September 12th. Seven investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $119.45.

Shares of NXP Semiconductors stock traded up $0.22 during trading hours on Friday, reaching $117.62. The company’s stock had a trading volume of 2,067,100 shares, compared to its average volume of 3,645,941. The company’s 50 day simple moving average is $109.78 and its 200 day simple moving average is $101.71. The stock has a market cap of $33.17 billion, a P/E ratio of 19.80, a price-to-earnings-growth ratio of 1.48 and a beta of 1.26. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.54 and a current ratio of 1.90. NXP Semiconductors NV has a one year low of $67.62 and a one year high of $120.03.

NXP Semiconductors Company Profile

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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

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