British Airways Pensions Investment Management Ltd Lowers stake in NXP Semiconductors NV (NXPI)

NXP Semiconductors NV (NXPI) : British Airways Pensions Investment Management Ltd reduced its stake in NXP Semiconductors NV by 11.68% during the most recent quarter end. The investment management company now holds a total of 199,790 shares of NXP Semiconductors NV which is valued at $17,469,638 after selling 26,420 shares in NXP Semiconductors NV , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.NXP Semiconductors NV makes up approximately 0.51% of British Airways Pensions Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , Calamos Advisors boosted its stake in NXPI in the latest quarter, The investment management firm added 363,080 additional shares and now holds a total of 416,080 shares of NXP Semiconductors NV which is valued at $36,382,035. NXP Semiconductors NV makes up approx 0.33% of Calamos Advisors’s portfolio.Community Trust Investment Co boosted its stake in NXPI in the latest quarter, The investment management firm added 585 additional shares and now holds a total of 241,446 shares of NXP Semiconductors NV which is valued at $19,479,863. NXP Semiconductors NV makes up approx 2.42% of Community Trust Investment Co’s portfolio.Capital Insight Partners reduced its stake in NXPI by selling 253 shares or 0.75% in the most recent quarter. The Hedge Fund company now holds 33,532 shares of NXPI which is valued at $2,654,058. NXP Semiconductors NV makes up approx 2.50% of Capital Insight Partners’s portfolio.

NXP Semiconductors NV closed down -0.26 points or -0.31% at $84.09 with 43,11,032 shares getting traded on Friday. Post opening the session at $84.43, the shares hit an intraday low of $83.25 and an intraday high of $85.83 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, NXP Semiconductors NV reported $1.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $1.35. The company had revenue of $2365.00 million for the quarter, compared to analysts expectations of $2340.08 million. The company’s revenue was up 57.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 EPS.

Many Wall Street Analysts have commented on NXP Semiconductors NV. Robert W. Baird Initiated NXP Semiconductors NV on Aug 2, 2016 to “Outperform”, Price Target of the shares are set at $110.NXP Semiconductors NV was Downgraded by BofA/Merrill to ” Neutral” on Jun 27, 2016. Credit Agricole Initiated NXP Semiconductors NV on May 17, 2016 to “Buy”, Price Target of the shares are set at $105.

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.

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