State of Tennessee Treasury Department Has $53.83 Million Stake in NXP Semiconductors N.V. (NASDAQ:NXPI)

State of Tennessee Treasury Department trimmed its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 3.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 491,791 shares of the semiconductor provider’s stock after selling 19,200 shares during the period. State of Tennessee Treasury Department owned about 0.20% of NXP Semiconductors N.V. worth $53,827,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Dimensional Fund Advisors LP increased its position in NXP Semiconductors N.V. by 4.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 10,273 shares of the semiconductor provider’s stock worth $1,007,000 after purchasing an additional 460 shares during the last quarter. Wetherby Asset Management Inc. increased its position in NXP Semiconductors N.V. by 9.3% in the 1st quarter. Wetherby Asset Management Inc. now owns 3,059 shares of the semiconductor provider’s stock worth $316,000 after purchasing an additional 260 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of NXP Semiconductors N.V. by 410,000.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 41,010 shares of the semiconductor provider’s stock valued at $4,245,000 after acquiring an additional 41,000 shares during the last quarter. Amica Pension Fund Board of Trustees increased its holdings in shares of NXP Semiconductors N.V. by 45.0% during the 1st quarter. Amica Pension Fund Board of Trustees now owns 23,390 shares of the semiconductor provider’s stock valued at $2,421,000 after acquiring an additional 7,257 shares during the last quarter. Finally, Amica Retiree Medical Trust increased its holdings in shares of NXP Semiconductors N.V. by 43.5% during the 1st quarter. Amica Retiree Medical Trust now owns 3,559 shares of the semiconductor provider’s stock valued at $368,000 after acquiring an additional 1,078 shares during the last quarter. 78.85% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors N.V. (NASDAQ NXPI) opened at 112.84 on Friday. The company has a market capitalization of $28.41 billion, a price-to-earnings ratio of 20.04 and a beta of 0.89. NXP Semiconductors N.V. has a 12-month low of $81.50 and a 12-month high of $113.39. The firm’s 50-day moving average price is $112.26 and its 200 day moving average price is $108.08.

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NXPI has been the topic of a number of research analyst reports. BidaskClub upgraded NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Morgan Stanley raised their target price on NXP Semiconductors N.V. from $110.00 to $117.50 and gave the stock an “equal weight” rating in a research report on Monday, August 7th. Stifel Nicolaus restated a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors N.V. in a research report on Tuesday, July 4th. ValuEngine upgraded NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors N.V. in a research report on Monday, July 10th. One analyst has rated the stock with a sell rating, nineteen have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $110.97.

NXP Semiconductors N.V. Profile

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

Institutional Ownership by Quarter for NXP Semiconductors N.V. (NASDAQ:NXPI)

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