NXP Semiconductors (NASDAQ:NXPI) Holdings Lifted by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC boosted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 1.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 86,597 shares of the semiconductor provider’s stock after buying an additional 1,186 shares during the period. Crestwood Advisors Group LLC’s holdings in NXP Semiconductors were worth $17,999,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. IFP Advisors Inc increased its holdings in shares of NXP Semiconductors by 11.9% in the 4th quarter. IFP Advisors Inc now owns 2,091 shares of the semiconductor provider’s stock valued at $436,000 after purchasing an additional 223 shares during the period. J. W. Coons Advisors LLC grew its position in NXP Semiconductors by 2.1% during the fourth quarter. J. W. Coons Advisors LLC now owns 2,972 shares of the semiconductor provider’s stock valued at $618,000 after purchasing an additional 60 shares in the last quarter. WealthShield Partners LLC increased its stake in NXP Semiconductors by 5.3% in the 4th quarter. WealthShield Partners LLC now owns 10,129 shares of the semiconductor provider’s stock valued at $2,115,000 after buying an additional 509 shares during the period. RWC Asset Management LLP purchased a new stake in NXP Semiconductors in the 4th quarter worth approximately $12,094,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of NXP Semiconductors by 12.4% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 37,175 shares of the semiconductor provider’s stock valued at $7,727,000 after buying an additional 4,100 shares during the period. 90.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on NXPI shares. Stifel Nicolaus dropped their price target on shares of NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating on the stock in a research note on Wednesday, February 5th. Citigroup raised NXP Semiconductors from a “neutral” rating to a “buy” rating and upped their target price for the stock from $210.00 to $290.00 in a research report on Thursday. Truist Financial raised their price target on NXP Semiconductors from $245.00 to $258.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. Evercore ISI lowered their price target on NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research note on Wednesday, November 6th. Finally, Susquehanna cut their price objective on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $267.00.

NXP Semiconductors Trading Down 3.8 %

Shares of NASDAQ:NXPI opened at $236.52 on Monday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. The stock’s 50-day moving average is $214.86 and its 200-day moving average is $227.92. The company has a market cap of $60.11 billion, a P/E ratio of 24.31, a P/E/G ratio of 3.01 and a beta of 1.46. NXP Semiconductors has a 52-week low of $198.21 and a 52-week high of $296.08.

NXP Semiconductors Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.