NXP Semiconductors N.V. (NXPI) Position Boosted by Paulson & CO. Inc.

Paulson & CO. Inc. boosted its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 203.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,132,300 shares of the semiconductor provider’s stock after buying an additional 759,300 shares during the period. NXP Semiconductors N.V. comprises 1.6% of Paulson & CO. Inc.’s holdings, making the stock its 18th largest position. Paulson & CO. Inc. owned approximately 0.45% of NXP Semiconductors N.V. worth $117,193,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Fort Point Capital Partners LLC increased its position in shares of NXP Semiconductors N.V. by 87.1% in the first quarter. Fort Point Capital Partners LLC now owns 62,000 shares of the semiconductor provider’s stock valued at $6,417,000 after buying an additional 28,862 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of NXP Semiconductors N.V. during the first quarter valued at approximately $505,000. Proxima Capital Management LLC purchased a new position in shares of NXP Semiconductors N.V. during the first quarter valued at approximately $2,588,000. Schwab Charles Investment Management Inc. increased its position in shares of NXP Semiconductors N.V. by 3.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 82,918 shares of the semiconductor provider’s stock valued at $8,583,000 after buying an additional 2,669 shares during the last quarter. Finally, KCG Holdings Inc. purchased a new position in shares of NXP Semiconductors N.V. during the first quarter valued at approximately $462,000. Institutional investors own 76.78% of the company’s stock.

NXP Semiconductors N.V. (NASDAQ NXPI) opened at 109.45 on Tuesday. NXP Semiconductors N.V. has a 12-month low of $79.50 and a 12-month high of $109.98. The stock has a market capitalization of $27.55 billion, a P/E ratio of 20.03 and a beta of 0.90. The firm’s 50-day moving average is $108.65 and its 200 day moving average is $103.46.

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NXPI has been the topic of several analyst reports. Zacks Investment Research raised shares of NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research report on Wednesday, April 5th. Instinet cut shares of NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating and set a $110.00 price objective for the company. in a research report on Monday, May 8th. Nomura cut shares of NXP Semiconductors N.V. from a “buy” rating to a “neutral” rating in a research report on Monday, May 8th. Mizuho reaffirmed a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors N.V. in a research report on Wednesday, May 31st. Finally, Deutsche Bank AG cut shares of NXP Semiconductors N.V. from a “buy” rating to a “hold” rating and set a $110.00 price target for the company. in a research report on Monday, June 19th. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. NXP Semiconductors N.V. has a consensus rating of “Hold” and a consensus target price of $108.58.

NXP Semiconductors N.V. Company 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.

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

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