Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 4,100 Shares of NXP Semiconductors (NASDAQ:NXPI)

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in NXP Semiconductors (NASDAQ:NXPI) by 12.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,175 shares of the semiconductor provider’s stock after buying an additional 4,100 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in NXP Semiconductors were worth $7,727,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of NXP Semiconductors by 387.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,294,340 shares of the semiconductor provider’s stock valued at $550,665,000 after purchasing an additional 1,823,650 shares in the last quarter. Van ECK Associates Corp lifted its holdings in NXP Semiconductors by 67.2% during the third quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider’s stock worth $718,680,000 after buying an additional 1,222,736 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in NXP Semiconductors by 337.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,924 shares of the semiconductor provider’s stock worth $225,591,000 after buying an additional 724,951 shares during the period. Assenagon Asset Management S.A. boosted its position in NXP Semiconductors by 1,172.3% during the 4th quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider’s stock valued at $115,396,000 after acquiring an additional 511,553 shares in the last quarter. Finally, Ceredex Value Advisors LLC purchased a new position in shares of NXP Semiconductors in the 3rd quarter valued at $84,901,000. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Trading Down 1.4 %

Shares of NXP Semiconductors stock opened at $233.15 on Tuesday. The firm’s 50-day moving average price is $215.16 and its 200 day moving average price is $227.83. NXP Semiconductors has a twelve month low of $198.21 and a twelve month high of $296.08. The firm has a market capitalization of $59.26 billion, a PE ratio of 23.96, a P/E/G ratio of 3.01 and a beta of 1.46. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price objective on NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Citigroup raised NXP Semiconductors from a “neutral” rating to a “buy” rating and upped their price target for the stock from $210.00 to $290.00 in a research report on Thursday, February 20th. Barclays lowered their price target on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a report on Friday, January 17th. StockNews.com downgraded NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. Finally, Mizuho upped their target price on NXP Semiconductors from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $267.00.

NXP Semiconductors Company 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.