Edinburgh Partners Ltd adds NXP Semiconductors NV (NXPI) to its portfolio

NXP Semiconductors NV (NXPI) : Edinburgh Partners Ltd added new position in NXP Semiconductors NV during the most recent quarter end. The investment management firm now holds 400 shares of NXP Semiconductors NV which is valued at $41,132 , the company said in a statement filed on Oct 11, 2016 with the SEC.NXP Semiconductors NV makes up approximately 0.01% of Edinburgh Partners Ltd’s portfolio.

Other Hedge Funds, Including , Cobiz Investment Management reduced its stake in NXPI by selling 255 shares or 0.53% in the most recent quarter. The Hedge Fund company now holds 48,054 shares of NXPI which is valued at $4,941,393. NXP Semiconductors NV makes up approx 1.19% of Cobiz Investment Management’s portfolio.Telemus Capital reduced its stake in NXPI by selling 7,612 shares or 14.66% in the most recent quarter. The Hedge Fund company now holds 44,319 shares of NXPI which is valued at $4,542,698. NXP Semiconductors NV makes up approx 0.51% of Telemus Capital’s portfolio. Lenox Wealth Advisors sold out all of its stake in NXPI during the most recent quarter. The investment firm sold 91 shares of NXPI which is valued $9,328.Harbour Capital Advisors reduced its stake in NXPI by selling 600 shares or 7.34% in the most recent quarter. The Hedge Fund company now holds 7,570 shares of NXPI which is valued at $775,925. NXP Semiconductors NV makes up approx 0.42% of Harbour Capital Advisors’s portfolio.

NXP Semiconductors NV closed down -0.9 points or -0.88% at $101.93 with 43,92,760 shares getting traded on Tuesday. Post opening the session at $102.77, the shares hit an intraday low of $100.69 and an intraday high of $102.77 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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 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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