NXP Semiconductors (NASDAQ:NXPI) Stock Position Increased by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC grew its position in NXP Semiconductors (NASDAQ:NXPI) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 86,597 shares of the semiconductor provider’s stock after purchasing an additional 1,186 shares during the period. Crestwood Advisors Group LLC’s holdings in NXP Semiconductors were worth $17,999,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in NXPI. GDS Wealth Management grew its holdings in NXP Semiconductors by 7.7% in the 3rd quarter. GDS Wealth Management now owns 55,740 shares of the semiconductor provider’s stock worth $13,378,000 after buying an additional 3,985 shares in the last quarter. HITE Hedge Asset Management LLC acquired a new position in NXP Semiconductors during the 3rd quarter worth $13,445,000. Merit Financial Group LLC bought a new position in shares of NXP Semiconductors in the fourth quarter worth $360,000. Strategic Financial Concepts LLC acquired a new position in shares of NXP Semiconductors during the fourth quarter valued at $46,000. Finally, Banque Cantonale Vaudoise increased its holdings 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 valued at $6,204,000 after purchasing an additional 9,710 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Truist Financial increased their target price on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Barclays reduced their price target on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Oppenheimer lowered their price objective on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. Evercore ISI cut their target price on NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Finally, Susquehanna decreased their price target on NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $267.00.

NXP Semiconductors Trading Down 3.8 %

NASDAQ:NXPI opened at $236.52 on Monday. The stock has a fifty day simple moving average of $214.86 and a 200 day simple moving average of $227.92. The firm has a market capitalization of $60.11 billion, a price-to-earnings ratio of 24.31, a price-to-earnings-growth 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. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09.

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.