NXP Semiconductors N.V. (NASDAQ:NXPI) Shares Sold by US Bancorp DE

US Bancorp DE decreased its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 35.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,043 shares of the semiconductor provider’s stock after selling 33,257 shares during the period. US Bancorp DE’s holdings in NXP Semiconductors N.V. were worth $6,681,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Exane Asset Management acquired a new position in NXP Semiconductors N.V. during the second quarter valued at $2,342,000. Aperio Group LLC raised its position in NXP Semiconductors N.V. by 24.9% in the second quarter. Aperio Group LLC now owns 60,914 shares of the semiconductor provider’s stock valued at $6,667,000 after buying an additional 12,149 shares during the period. Chesley Taft & Associates LLC raised its position in NXP Semiconductors N.V. by 1.5% in the second quarter. Chesley Taft & Associates LLC now owns 46,575 shares of the semiconductor provider’s stock valued at $5,098,000 after buying an additional 675 shares during the period. Pennsylvania Trust Co raised its position in NXP Semiconductors N.V. by 238.5% in the second quarter. Pennsylvania Trust Co now owns 93,320 shares of the semiconductor provider’s stock valued at $10,214,000 after buying an additional 65,749 shares during the period. Finally, Narwhal Capital Management raised its position in NXP Semiconductors N.V. by 6.0% in the second quarter. Narwhal Capital Management now owns 32,865 shares of the semiconductor provider’s stock valued at $3,597,000 after buying an additional 1,870 shares during the period. Institutional investors own 75.97% of the company’s stock.

Shares of NXP Semiconductors N.V. (NASDAQ NXPI) traded up 0.07% during trading on Friday, reaching $112.20. 2,038,093 shares of the company traded hands. The stock has a market cap of $28.25 billion, a P/E ratio of 19.93 and a beta of 0.89. NXP Semiconductors N.V. has a 12 month low of $80.13 and a 12 month high of $113.39. The stock’s 50 day moving average price is $110.22 and its 200-day moving average price is $106.03.

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Several equities analysts have recently weighed in on the stock. BidaskClub upgraded shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research report on Wednesday. ValuEngine cut shares of NXP Semiconductors N.V. from a “buy” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research upgraded shares of NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a report on Tuesday. Morgan Stanley raised their target price on shares of NXP Semiconductors N.V. from $110.00 to $117.50 and gave the stock an “equal weight” rating in a report on Monday, August 7th. Finally, Mizuho reiterated a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors N.V. in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. NXP Semiconductors N.V. currently has an average rating of “Hold” and an average price target 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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