Raymond James Financial Services Advisors Inc. Has $19.26 Million Stake in NXP Semiconductors NV (NXPI)

Raymond James Financial Services Advisors Inc. increased its position in shares of NXP Semiconductors NV (NASDAQ:NXPI) by 13.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 217,843 shares of the semiconductor provider’s stock after buying an additional 26,394 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in NXP Semiconductors were worth $19,258,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. First Personal Financial Services raised its position in shares of NXP Semiconductors by 356.0% during the 4th quarter. First Personal Financial Services now owns 342 shares of the semiconductor provider’s stock valued at $25,000 after buying an additional 267 shares during the period. Covenant Multifamily Offices LLC purchased a new stake in NXP Semiconductors in the first quarter valued at approximately $25,000. Legacy Bridge LLC purchased a new stake in NXP Semiconductors in the fourth quarter valued at approximately $26,000. Lindbrook Capital LLC purchased a new stake in NXP Semiconductors in the fourth quarter valued at approximately $26,000. Finally, Berman Capital Advisors LLC purchased a new stake in NXP Semiconductors in the fourth quarter valued at approximately $27,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

NXP Semiconductors stock opened at $95.13 on Friday. NXP Semiconductors NV has a twelve month low of $67.62 and a twelve month high of $122.24. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.04 and a current ratio of 1.42. The firm has a market cap of $32.10 billion, a PE ratio of 16.02, a P/E/G ratio of 1.19 and a beta of 1.16.

A number of analysts have issued reports on the company. Barclays reissued a “buy” rating on shares of NXP Semiconductors in a research report on Sunday, May 5th. Bank of America reissued a “buy” rating and issued a $125.00 target price (up previously from $105.00) on shares of NXP Semiconductors in a research report on Wednesday, May 1st. Mizuho boosted their target price on NXP Semiconductors from $95.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, May 1st. BidaskClub raised NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Friday, May 3rd. Finally, ValuEngine raised NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Saturday, April 13th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $99.42.

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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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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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