Mitsubishi UFJ Trust & Banking Corp increased its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 12.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 696,872 shares of the semiconductor provider’s stock after buying an additional 75,496 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.28% of NXP Semiconductors NV worth $76,273,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of NXP Semiconductors NV by 1.4% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 43,800 shares of the semiconductor provider’s stock valued at $4,533,000 after buying an additional 600 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of NXP Semiconductors NV during the first quarter valued at about $355,000. Markel Corp raised its position in shares of NXP Semiconductors NV by 6.1% in the first quarter. Markel Corp now owns 35,000 shares of the semiconductor provider’s stock valued at $3,622,000 after buying an additional 2,000 shares in the last quarter. Canada Pension Plan Investment Board raised its position in shares of NXP Semiconductors NV by 410,000.0% in the first quarter. Canada Pension Plan Investment Board now owns 41,010 shares of the semiconductor provider’s stock valued at $4,245,000 after buying an additional 41,000 shares in the last quarter. Finally, Beaumont Financial Partners LLC bought a new position in shares of NXP Semiconductors NV during the first quarter valued at about $234,000. 75.01% of the stock is owned by institutional investors and hedge funds.

Shares of NXP Semiconductors NV (NASDAQ NXPI) opened at 112.23 on Friday. The firm has a market capitalization of $28.25 billion, a P/E ratio of 19.93 and a beta of 0.89. NXP Semiconductors NV has a 52 week low of $80.13 and a 52 week high of $113.39. The stock has a 50 day moving average price of $111.01 and a 200 day moving average price of $107.05.

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Several research analysts recently issued reports on the company. ValuEngine lowered NXP Semiconductors NV from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub raised NXP Semiconductors NV from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. Zacks Investment Research raised NXP Semiconductors NV from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Morgan Stanley raised their target price on NXP Semiconductors NV from $110.00 to $117.50 and gave the stock an “equal weight” rating in a research report on Monday, August 7th. Finally, Drexel Hamilton reaffirmed a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors NV in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $110.97.

About NXP Semiconductors NV

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 NV (NASDAQ:NXPI)

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