Yorkville Capital Management LLC increased its stake in NXP Semiconductors (NASDAQ:NXPI) by 46.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,557 shares of the semiconductor provider’s stock after buying an additional 13,726 shares during the quarter. NXP Semiconductors comprises approximately 6.2% of Yorkville Capital Management LLC’s holdings, making the stock its 2nd largest holding. Yorkville Capital Management LLC’s holdings in NXP Semiconductors were worth $5,100,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of NXPI. Fieldpoint Private Securities LLC bought a new stake in shares of NXP Semiconductors during the third quarter worth $113,000. Risk Paradigm Group LLC lifted its position in shares of NXP Semiconductors by 92.3% during the third quarter. Risk Paradigm Group LLC now owns 1,192 shares of the semiconductor provider’s stock worth $135,000 after purchasing an additional 572 shares during the last quarter. Horan Capital Advisors LLC. bought a new stake in shares of NXP Semiconductors in the third quarter valued at about $136,000. Valeo Financial Advisors LLC raised its holdings in shares of NXP Semiconductors by 931.3% in the fourth quarter. Valeo Financial Advisors LLC now owns 1,320 shares of the semiconductor provider’s stock valued at $155,000 after acquiring an additional 1,192 shares in the last quarter. Finally, SeaCrest Wealth Management LLC bought a new stake in shares of NXP Semiconductors in the fourth quarter valued at about $209,000. Institutional investors own 82.41% of the company’s stock.
Several analysts recently weighed in on the company. BidaskClub upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Wednesday, February 21st. Robert W. Baird restated a “hold” rating on shares of NXP Semiconductors in a report on Friday, February 23rd. Jefferies Group restated a “hold” rating on shares of NXP Semiconductors in a report on Tuesday, February 27th. ValuEngine upgraded NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, Deutsche Bank initiated coverage on NXP Semiconductors in a research note on Thursday, March 15th. They issued a “hold” rating and a $127.50 target price on the stock. One analyst has rated the stock with a sell rating, fourteen have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $119.12.
NXP Semiconductors (NXPI) traded up $0.18 on Tuesday, reaching $122.81. The company’s stock had a trading volume of 151,795 shares, compared to its average volume of 3,879,135. NXP Semiconductors has a 52 week low of $102.60 and a 52 week high of $125.93. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.22 and a quick ratio of 1.77. The stock has a market capitalization of $42,010.60, a price-to-earnings ratio of 19.28, a PEG ratio of 0.94 and a beta of 0.67.
NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Wednesday, February 7th. The semiconductor provider reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $1.45. NXP Semiconductors had a return on equity of 18.68% and a net margin of 23.93%. The company had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.37 billion. research analysts predict that NXP Semiconductors will post 6.52 earnings per share for the current fiscal year.
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NXP Semiconductors Company Profile
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. It offers products for audio and visual head-end unit applications, such as single-chip radio solutions, audio amplifiers and power analog products, and i.MX applications processors; and in-vehicle networking products, two-way secure entry products, and various sensors and microcontrollers, as well as power management solutions.
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