Financial Counselors Inc. Sells 2,863 Shares of NXP Semiconductors N.V. (NXPI)

Financial Counselors Inc. trimmed its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 8.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,604 shares of the semiconductor provider’s stock after selling 2,863 shares during the period. Financial Counselors Inc.’s holdings in NXP Semiconductors N.V. were worth $3,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Commonwealth Bank of Australia grew its holdings in NXP Semiconductors N.V. by 0.8% during the 2nd quarter. Commonwealth Bank of Australia now owns 1,665 shares of the semiconductor provider’s stock worth $181,000 after acquiring an additional 14 shares in the last quarter. ProVise Management Group LLC grew its holdings in NXP Semiconductors N.V. by 0.4% during the 2nd quarter. ProVise Management Group LLC now owns 3,759 shares of the semiconductor provider’s stock worth $412,000 after acquiring an additional 15 shares in the last quarter. Baldwin Investment Management LLC grew its holdings in NXP Semiconductors N.V. by 0.8% during the 2nd quarter. Baldwin Investment Management LLC now owns 4,751 shares of the semiconductor provider’s stock worth $520,000 after acquiring an additional 39 shares in the last quarter. Assetmark Inc. grew its holdings in NXP Semiconductors N.V. by 3.3% during the 1st quarter. Assetmark Inc. now owns 2,060 shares of the semiconductor provider’s stock worth $213,000 after acquiring an additional 66 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System grew its holdings in NXP Semiconductors N.V. by 0.7% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 15,389 shares of the semiconductor provider’s stock worth $1,593,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 78.85% of the company’s stock.

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A number of research firms have recently weighed in on NXPI. ValuEngine upgraded shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a report on Tuesday, July 25th. BidaskClub upgraded shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Morgan Stanley raised their price target on shares of NXP Semiconductors N.V. from $110.00 to $117.50 and gave the company an “equal weight” rating in a report on Monday, August 7th. Mizuho restated a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors N.V. in a report on Thursday, August 3rd. Finally, Drexel Hamilton restated a “hold” rating and issued a $110.00 price target on shares of NXP Semiconductors N.V. in a report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, nineteen have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $110.97.

NXP Semiconductors N.V. (NASDAQ:NXPI) traded down 0.32% during trading on Friday, reaching $112.30. 640,529 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $111.87 and a 200-day moving average of $107.72. The stock has a market capitalization of $28.27 billion, a PE ratio of 19.94 and a beta of 0.89. NXP Semiconductors N.V. has a 52 week low of $80.13 and a 52 week high of $113.39.

About NXP Semiconductors N.V.

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.

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

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