Several other equities research analysts have also recently commented on the company. Zacks Investment Research cut NXP Semiconductors from a buy rating to a hold rating in a research note on Saturday, July 27th. Mizuho raised their target price on NXP Semiconductors from $95.00 to $100.00 and gave the stock a neutral rating in a research note on Wednesday, May 1st. Morgan Stanley raised their target price on NXP Semiconductors from $114.00 to $115.00 and gave the stock an overweight rating in a research note on Wednesday, July 31st. Bank of America reissued a buy rating and issued a $125.00 price objective (up previously from $105.00) on shares of NXP Semiconductors in a research note on Wednesday, May 1st. Finally, Barclays reissued a buy rating on shares of NXP Semiconductors in a research note on Sunday, May 5th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. NXP Semiconductors currently has an average rating of Buy and a consensus price target of $105.00.
NASDAQ NXPI opened at $103.46 on Friday. The business has a 50 day simple moving average of $99.65 and a 200 day simple moving average of $96.00. NXP Semiconductors has a one year low of $67.62 and a one year high of $108.51. The stock has a market capitalization of $32.79 billion, a P/E ratio of 17.42, a P/E/G ratio of 1.26 and a beta of 1.26. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.82 and a quick ratio of 1.44.
In other NXP Semiconductors news, Chairman Peter L. Bonfield sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $98.36, for a total value of $983,600.00. Following the completion of the sale, the chairman now owns 24,404 shares of the company’s stock, valued at $2,400,377.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in NXP Semiconductors by 5.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 13,058 shares of the semiconductor provider’s stock valued at $956,000 after acquiring an additional 697 shares in the last quarter. Geode Capital Management LLC raised its holdings in NXP Semiconductors by 14.8% in the fourth quarter. Geode Capital Management LLC now owns 1,845,502 shares of the semiconductor provider’s stock valued at $134,797,000 after acquiring an additional 238,164 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in NXP Semiconductors in the first quarter valued at $372,000. Quantitative Systematic Strategies LLC acquired a new stake in NXP Semiconductors in the first quarter valued at $266,000. Finally, Nisa Investment Advisors LLC raised its holdings in NXP Semiconductors by 17.6% in the first quarter. Nisa Investment Advisors LLC now owns 45,980 shares of the semiconductor provider’s stock valued at $4,064,000 after acquiring an additional 6,880 shares in the last quarter. Institutional investors own 75.85% of the company’s stock.
NXP Semiconductors Company Profile
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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