Lipe & Dalton Boosts Stake in NXP Semiconductors NV (NASDAQ:NXPI)

Lipe & Dalton boosted its holdings in NXP Semiconductors NV (NASDAQ:NXPI) by 10.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,725 shares of the semiconductor provider’s stock after buying an additional 1,300 shares during the quarter. Lipe & Dalton’s holdings in NXP Semiconductors were worth $1,213,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of NXPI. First Personal Financial Services grew its position in NXP Semiconductors by 356.0% during the 4th quarter. First Personal Financial Services now owns 342 shares of the semiconductor provider’s stock worth $25,000 after purchasing an additional 267 shares in the last quarter. Covenant Multifamily Offices LLC purchased a new position in NXP Semiconductors during the 1st quarter worth approximately $25,000. Legacy Bridge LLC purchased a new position in NXP Semiconductors during the 4th quarter worth approximately $26,000. Lindbrook Capital LLC purchased a new position in NXP Semiconductors during the 4th quarter worth approximately $26,000. Finally, Berman Capital Advisors LLC purchased a new position in NXP Semiconductors during the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Shares of NASDAQ:NXPI traded down $0.10 during trading on Friday, reaching $91.81. 3,230,700 shares of the company traded hands, compared to its average volume of 3,962,123. The firm has a market capitalization of $30.47 billion, a P/E ratio of 15.46, a price-to-earnings-growth ratio of 1.18 and a beta of 1.16. NXP Semiconductors NV has a 1-year low of $67.62 and a 1-year high of $122.24. The company has a quick ratio of 1.04, a current ratio of 1.42 and a debt-to-equity ratio of 0.63.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Monday, April 29th. The semiconductor provider reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.47. The company had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.09 billion. NXP Semiconductors had a net margin of 23.06% and a return on equity of 18.33%. Equities research analysts expect that NXP Semiconductors NV will post 6.56 earnings per share for the current fiscal year.

Several equities analysts have weighed in on the stock. Piper Jaffray Companies lifted their price objective on shares of NXP Semiconductors from $100.00 to $110.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 9th. TheStreet upgraded shares of NXP Semiconductors from a “c+” rating to a “b-” rating in a research report on Wednesday, February 13th. Zacks Investment Research upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating and set a $109.00 price objective on the stock in a research report on Wednesday, April 10th. ValuEngine upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Saturday, April 13th. Finally, BidaskClub upgraded shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Thursday, February 14th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $99.42.

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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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