NXP Semiconductors NV (NXPI) : Fjarde Ap-fonden Fourth Swedish National Pension Fund reduced its stake in NXP Semiconductors NV by 0.67% during the most recent quarter end. The investment management company now holds a total of 104,767 shares of NXP Semiconductors NV which is valued at $10,623,374 after selling 711 shares in NXP Semiconductors NV , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.NXP Semiconductors NV makes up approximately 0.24% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.
Other Hedge Funds, Including , Vigilant Capital Management boosted its stake in NXPI in the latest quarter, The investment management firm added 1,295 additional shares and now holds a total of 103,170 shares of NXP Semiconductors NV which is valued at $10,461,438. NXP Semiconductors NV makes up approx 1.89% of Vigilant Capital Management’s portfolio. Kelman-lazarov added NXPI to its portfolio by purchasing 313 company shares during the most recent quarter which is valued at $32,186. NXP Semiconductors NV makes up approx 0.02% of Kelman-lazarov’s portfolio.Cupps Capital Management reduced its stake in NXPI by selling 21,026 shares or 96.67% in the most recent quarter. The Hedge Fund company now holds 724 shares of NXPI which is valued at $74,449. NXP Semiconductors NV makes up approx 0.03% of Cupps Capital 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.
NXP Semiconductors NV closed down -0.44 points or -0.43% at $101.4 with 20,78,321 shares getting traded on Friday. Post opening the session at $102.36, the shares hit an intraday low of $101.13 and an intraday high of $103.09 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 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.