Dsm Capital Partners Lowers stake in NXP Semiconductors NV (NXPI)

NXP Semiconductors NV (NXPI) : Dsm Capital Partners reduced its stake in NXP Semiconductors NV by 5.99% during the most recent quarter end. The investment management company now holds a total of 1,611,406 shares of NXP Semiconductors NV which is valued at $138,629,258 after selling 102,731 shares in NXP Semiconductors NV , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.NXP Semiconductors NV makes up approximately 2.21% of Dsm Capital Partners’s portfolio.

Other Hedge Funds, Including , Aqr Capital Management added NXPI to its portfolio by purchasing 23,572 company shares during the most recent quarter which is valued at $2,027,899.Commonwealth Of Pennsylvania Public School Empls Retrmt Sys boosted its stake in NXPI in the latest quarter, The investment management firm added 29,800 additional shares and now holds a total of 55,400 shares of NXP Semiconductors NV which is valued at $4,766,062. NXP Semiconductors NV makes up approx 0.09% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.Logan Capital Management Inc reduced its stake in NXPI by selling 6,475 shares or 2.38% in the most recent quarter. The Hedge Fund company now holds 265,256 shares of NXPI which is valued at $22,819,974. NXP Semiconductors NV makes up approx 1.81% of Logan Capital Management Inc’s portfolio.Chartwell Investment Partners boosted its stake in NXPI in the latest quarter, The investment management firm added 490,320 additional shares and now holds a total of 703,848 shares of NXP Semiconductors NV which is valued at $60,347,928. NXP Semiconductors NV makes up approx 1.02% of Chartwell Investment Partners’s portfolio.Martin Investment Management boosted its stake in NXPI in the latest quarter, The investment management firm added 32,329 additional shares and now holds a total of 107,088 shares of NXP Semiconductors NV which is valued at $9,038,227. NXP Semiconductors NV makes up approx 1.46% of Martin Investment Management’s portfolio.

NXP Semiconductors NV closed down -0.07 points or -0.08% at $87.95 with 31,57,180 shares getting traded on Thursday. Post opening the session at $88.38, the shares hit an intraday low of $87.39 and an intraday high of $88.99 and the price fluctuated in this range throughout the day.Shares ended Thursday 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.

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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