NXP Semiconductors (NASDAQ:NXPI) Shares Purchased by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co raised its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 7.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,300 shares of the semiconductor provider’s stock after buying an additional 300 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in NXP Semiconductors were worth $894,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Crumly & Associates Inc. grew its stake in NXP Semiconductors by 2.0% during the 3rd quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock valued at $546,000 after purchasing an additional 45 shares in the last quarter. Ascent Group LLC lifted its holdings in NXP Semiconductors by 0.4% during the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider’s stock worth $3,000,000 after buying an additional 46 shares during the last quarter. Central Bank & Trust Co. lifted its holdings in NXP Semiconductors by 1.1% during the 4th quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock worth $917,000 after buying an additional 48 shares during the last quarter. Phillips Wealth Planners LLC lifted its holdings in NXP Semiconductors by 4.7% during the 3rd quarter. Phillips Wealth Planners LLC now owns 1,190 shares of the semiconductor provider’s stock worth $277,000 after buying an additional 53 shares during the last quarter. Finally, Trustmark National Bank Trust Department lifted its holdings in NXP Semiconductors by 6.8% during the 3rd quarter. Trustmark National Bank Trust Department now owns 921 shares of the semiconductor provider’s stock worth $221,000 after buying an additional 59 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Down 2.0 %

Shares of NXP Semiconductors stock opened at $228.56 on Wednesday. The business’s fifty day moving average price is $215.35 and its two-hundred day moving average price is $227.74. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The company has a market capitalization of $58.09 billion, a P/E ratio of 23.49, a PEG ratio of 3.01 and a beta of 1.46. NXP Semiconductors has a 1-year low of $198.21 and a 1-year high of $296.08.

Analyst Upgrades and Downgrades

A number of research firms have commented on NXPI. Oppenheimer reduced their target price on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. StockNews.com downgraded NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $250.00 target price on shares of NXP Semiconductors in a report on Tuesday, February 4th. Wells Fargo & Company began coverage on NXP Semiconductors in a report on Friday, November 22nd. They set an “overweight” rating and a $250.00 target price on the stock. Finally, UBS Group reduced their target price on NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Four research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, NXP Semiconductors has a consensus rating of “Moderate Buy” and a consensus price target of $267.00.

NXP Semiconductors Profile

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.