Gibraltar Capital Management Inc. Buys 483 Shares of NXP Semiconductors (NASDAQ:NXPI)

Gibraltar Capital Management Inc. boosted its position in NXP Semiconductors (NASDAQ:NXPI) by 1.2% in the 4th quarter, HoldingsChannel reports. The firm owned 40,413 shares of the semiconductor provider’s stock after purchasing an additional 483 shares during the period. NXP Semiconductors makes up about 3.7% of Gibraltar Capital Management Inc.’s holdings, making the stock its 9th largest holding. Gibraltar Capital Management Inc.’s holdings in NXP Semiconductors were worth $8,400,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. ORG Wealth Partners LLC raised its holdings in NXP Semiconductors by 915.4% in the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after acquiring an additional 119 shares during the last quarter. FSA Wealth Management LLC acquired a new stake in NXP Semiconductors in the 3rd quarter worth about $33,000. Sound Income Strategies LLC grew its holdings in NXP Semiconductors by 169.2% in the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after buying an additional 88 shares during the period. Brooklyn Investment Group lifted its holdings in shares of NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after acquiring an additional 66 shares during the period. Finally, Fortitude Family Office LLC boosted its position in shares of NXP Semiconductors by 52.4% in the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after acquiring an additional 75 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NXPI has been the topic of a number of research analyst reports. Oppenheimer decreased their price target on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. Stifel Nicolaus lowered their price target on NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating for the company in a research report on Wednesday, February 5th. Mizuho raised their price objective on NXP Semiconductors from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Loop Capital started coverage on shares of NXP Semiconductors in a research report on Monday, November 11th. They set a “buy” rating and a $300.00 price target for the company. Finally, StockNews.com downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $267.00.

NXP Semiconductors Stock Down 2.0 %

NXP Semiconductors stock opened at $228.56 on Wednesday. NXP Semiconductors has a one year low of $198.21 and a one year high of $296.08. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. The firm has a market capitalization of $58.09 billion, a P/E ratio of 23.49, a P/E/G ratio of 3.01 and a beta of 1.46. The company has a 50-day simple moving average of $215.35 and a 200-day simple moving average of $227.74.

About NXP Semiconductors

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.