NXP Semiconductors N.V. (NXPI) Stake Maintained by Proxima Capital Management LLC

Proxima Capital Management LLC maintained its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,000 shares of the semiconductor provider’s stock at the end of the 2nd quarter. NXP Semiconductors N.V. comprises about 1.5% of Proxima Capital Management LLC’s investment portfolio, making the stock its 23rd largest holding. Proxima Capital Management LLC’s holdings in NXP Semiconductors N.V. were worth $2,736,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in NXPI. Elliott Management Corp acquired a new stake in shares of NXP Semiconductors N.V. during the second quarter valued at about $1,354,313,000. BlackRock Inc. increased its position in shares of NXP Semiconductors N.V. by 2,546.6% during the first quarter. BlackRock Inc. now owns 11,852,113 shares of the semiconductor provider’s stock valued at $1,226,696,000 after acquiring an additional 11,404,283 shares during the last quarter. Tyrus Capital S.A.M. increased its position in shares of NXP Semiconductors N.V. by 277.8% during the second quarter. Tyrus Capital S.A.M. now owns 4,004,227 shares of the semiconductor provider’s stock valued at $438,263,000 after acquiring an additional 2,944,227 shares during the last quarter. Third Point LLC acquired a new stake in shares of NXP Semiconductors N.V. during the second quarter valued at about $295,515,000. Finally, York Capital Management Global Advisors LLC increased its position in shares of NXP Semiconductors N.V. by 68.5% during the second quarter. York Capital Management Global Advisors LLC now owns 5,377,282 shares of the semiconductor provider’s stock valued at $588,543,000 after acquiring an additional 2,186,645 shares during the last quarter. Institutional investors and hedge funds own 78.88% of the company’s stock.

NXPI has been the subject of a number of recent analyst reports. BidaskClub upgraded shares of NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Morgan Stanley lifted 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 research report on Monday, August 7th. Zacks Investment Research cut shares of NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Stifel Nicolaus reiterated a “hold” rating and set a $110.00 price target on shares of NXP Semiconductors N.V. in a research report on Tuesday, July 4th. Finally, ValuEngine upgraded shares of NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, nineteen have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $109.83.

Shares of NXP Semiconductors N.V. (NXPI) traded up 0.317% on Friday, reaching $115.545. 468,016 shares of the company were exchanged. The stock has a market capitalization of $29.09 billion, a PE ratio of 20.519 and a beta of 0.88. NXP Semiconductors N.V. has a 1-year low of $95.88 and a 1-year high of $115.68. The company has a 50-day moving average price of $113.01 and a 200 day moving average price of $109.43.

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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.

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

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