NXP Semiconductors NV (NXPI) : Euclid Advisors reduced its stake in NXP Semiconductors NV by 90.86% during the most recent quarter end. The investment management company now holds a total of 8,498 shares of NXP Semiconductors NV which is valued at $822,097 after selling 84,440 shares in NXP Semiconductors NV , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.NXP Semiconductors NV makes up approximately 5.20% of Euclid Advisors’s portfolio.
Other Hedge Funds, Including , Etrade Capital Management boosted its stake in NXPI in the latest quarter, The investment management firm added 4,226 additional shares and now holds a total of 13,032 shares of NXP Semiconductors NV which is valued at $1,260,716. NXP Semiconductors NV makes up approx 0.06% of Etrade Capital Management’s portfolio.Profund Advisors boosted its stake in NXPI in the latest quarter, The investment management firm added 800 additional shares and now holds a total of 17,250 shares of NXP Semiconductors NV which is valued at $1,666,178. NXP Semiconductors NV makes up approx 0.08% of Profund Advisors’s portfolio.Ls Investment Advisors reduced its stake in NXPI by selling 700 shares or 26.26% in the most recent quarter. The Hedge Fund company now holds 1,966 shares of NXPI which is valued at $194,084. NXP Semiconductors NV makes up approx 0.01% of Ls Investment Advisors’s portfolio.Trillium Asset Management reduced its stake in NXPI by selling 13,088 shares or 4.57% in the most recent quarter. The Hedge Fund company now holds 273,375 shares of NXPI which is valued at $27,337,500. NXP Semiconductors NV makes up approx 1.80% of Trillium Asset Management’s portfolio.
NXP Semiconductors NV opened for trading at $98.51 and hit $99.05 on the upside on Monday, eventually ending the session at $98.88, with a gain of 0.84% or 0.82 points. The heightened volatility saw the trading volume jump to 23,41,874 shares. Company has a market cap of $32,973 M.
On the company’s financial health, NXP Semiconductors NV reported $0.26 EPS for the quarter, missing the analyst consensus estimate by $ -1.33 based on the information available during the earnings call on Oct 26, 2016. Analyst had a consensus of $1.59. The company had revenue of $2469.00 million for the quarter, compared to analysts expectations of $2465.15 million. The company’s revenue was up 62.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.57 EPS.
Many Wall Street Analysts have commented on NXP Semiconductors NV. Mizuho Downgraded NXP Semiconductors NV on Nov 3, 2016 to ” Neutral”, Price Target of the shares are set at $110.NXP Semiconductors NV was Downgraded by Pacific Crest to ” Sector Weight” on Nov 1, 2016. NXP Semiconductors NV was Downgraded by CLSA to ” Underperform” on Oct 28, 2016.
NXP Semiconductors N.V. (NXP) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions. Its product solutions are used in a range of automotive identification wireless infrastructure lighting industrial mobile consumer and computing applications. The Company operates in two segments: High Performance Mixed Signal (HPMS) and Standard Products (SP). The Company sells two categories of products High Performance Mixed Signal product solutions and Standard Products. The HPMS segment offers semiconductors and system solutions. The SP segment consists of devices which can be incorporated in many different types of electronics equipment and which are sold to a range of customers both directly and through distributors.