Beaumont Financial Partners LLC Invests $200,000 in NXP Semiconductors NV (NASDAQ:NXPI)

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Beaumont Financial Partners LLC acquired a new position in shares of NXP Semiconductors NV (NASDAQ:NXPI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,568 shares of the semiconductor provider’s stock, valued at approximately $200,000.

Several other large investors have also recently modified their holdings of NXPI. Boston Partners raised its position in shares of NXP Semiconductors by 5.1% in the third quarter. Boston Partners now owns 5,276,672 shares of the semiconductor provider’s stock valued at $576,116,000 after buying an additional 256,202 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of NXP Semiconductors by 667.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,412,986 shares of the semiconductor provider’s stock valued at $481,545,000 after buying an additional 3,837,685 shares in the last quarter. Pictet Asset Management Ltd. raised its position in shares of NXP Semiconductors by 15.7% in the third quarter. Pictet Asset Management Ltd. now owns 3,509,714 shares of the semiconductor provider’s stock valued at $382,980,000 after buying an additional 476,087 shares in the last quarter. Voya Investment Management LLC raised its position in shares of NXP Semiconductors by 4.2% in the third quarter. Voya Investment Management LLC now owns 2,068,373 shares of the semiconductor provider’s stock valued at $225,701,000 after buying an additional 83,664 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of NXP Semiconductors by 0.5% in the third quarter. First Trust Advisors LP now owns 1,175,603 shares of the semiconductor provider’s stock valued at $128,282,000 after buying an additional 6,372 shares in the last quarter. Institutional investors own 89.71% of the company’s stock.

In other NXP Semiconductors news, EVP Stephen Owen sold 8,294 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $122.00, for a total transaction of $1,011,868.00. Following the completion of the transaction, the executive vice president now directly owns 1,883 shares in the company, valued at $229,726. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

A number of research firms have recently weighed in on NXPI. Jefferies Financial Group lifted their price target on shares of NXP Semiconductors from $119.00 to $127.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Morgan Stanley lifted their price target on shares of NXP Semiconductors from $140.00 to $146.00 and gave the company an “overweight” rating in a research report on Wednesday, February 5th. Zacks Investment Research downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Saturday, January 4th. Piper Jaffray Companies lifted their price target on shares of NXP Semiconductors from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, December 17th. Finally, TheStreet upgraded shares of NXP Semiconductors from a “c+” rating to a “b-” rating in a research report on Tuesday. Five investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $136.71.

Shares of NXPI opened at $137.08 on Friday. NXP Semiconductors NV has a one year low of $85.38 and a one year high of $139.59. The company has a market cap of $38.32 billion, a P/E ratio of 161.27, a P/E/G ratio of 1.51 and a beta of 1.28. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.54. The firm has a 50 day simple moving average of $131.27 and a two-hundred day simple moving average of $115.60.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Monday, February 3rd. The semiconductor provider reported $1.99 EPS for the quarter, beating the consensus estimate of $1.71 by $0.28. NXP Semiconductors had a net margin of 2.74% and a return on equity of 24.09%. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the previous year, the business earned $2.13 earnings per share. The company’s revenue was down 4.2% on a year-over-year basis. On average, analysts expect that NXP Semiconductors NV will post 7.04 earnings per share for the current fiscal year.

About NXP Semiconductors

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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