Jones Financial Companies Lllp Raises Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Jones Financial Companies Lllp increased its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 30.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 13,123 shares of the semiconductor provider’s stock after acquiring an additional 3,025 shares during the period. Jones Financial Companies Lllp’s holdings in NXP Semiconductors were worth $2,728,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. GDS Wealth Management boosted its stake in shares of NXP Semiconductors by 7.7% during the third quarter. GDS Wealth Management now owns 55,740 shares of the semiconductor provider’s stock valued at $13,378,000 after purchasing an additional 3,985 shares during the period. HITE Hedge Asset Management LLC bought a new stake in NXP Semiconductors during the 3rd quarter valued at about $13,445,000. Merit Financial Group LLC purchased a new stake in NXP Semiconductors in the 4th quarter valued at about $360,000. Strategic Financial Concepts LLC bought a new position in NXP Semiconductors in the 4th quarter worth about $46,000. Finally, Banque Cantonale Vaudoise increased its position in shares of NXP Semiconductors by 60.2% during the third quarter. Banque Cantonale Vaudoise now owns 25,850 shares of the semiconductor provider’s stock worth $6,204,000 after acquiring an additional 9,710 shares during the period. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Up 2.7 %

Shares of NXPI stock opened at $216.77 on Thursday. The stock’s fifty day moving average price is $216.02 and its 200 day moving average price is $226.61. NXP Semiconductors has a 1-year low of $198.21 and a 1-year high of $296.08. The company has a market cap of $54.98 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. StockNews.com cut NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Loop Capital began coverage on NXP Semiconductors in a research report on Monday, November 11th. They set a “buy” rating and a $300.00 price target on the stock. Mizuho raised their price target on NXP Semiconductors from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Wells Fargo & Company began coverage on shares of NXP Semiconductors in a research note on Friday, November 22nd. They issued an “overweight” rating and a $250.00 price objective for the company. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $267.00.

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.