BW Gestao de Investimentos Ltda. purchased a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 15,000 shares of the semiconductor provider’s stock, valued at approximately $1,642,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. TCI Wealth Advisors Inc. lifted its holdings in NXP Semiconductors N.V. by 4.6% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 1,192 shares of the semiconductor provider’s stock valued at $130,000 after purchasing an additional 52 shares in the last quarter. Picton Mahoney Asset Management purchased a new position in NXP Semiconductors N.V. in the 2nd quarter valued at $165,000. BT Investment Management Ltd purchased a new position in NXP Semiconductors N.V. in the 2nd quarter valued at $166,000. Commonwealth Bank of Australia lifted its holdings in NXP Semiconductors N.V. by 0.8% in the 2nd quarter. Commonwealth Bank of Australia now owns 1,665 shares of the semiconductor provider’s stock valued at $181,000 after purchasing an additional 14 shares in the last quarter. Finally, RFG Advisory Group LLC purchased a new position in NXP Semiconductors N.V. in the 2nd quarter valued at $211,000. 78.88% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) traded down 0.39% during mid-day trading on Thursday, reaching $115.01. 777,054 shares of the company traded hands. The stock has a market capitalization of $28.95 billion, a price-to-earnings ratio of 20.42 and a beta of 0.88. NXP Semiconductors N.V. has a 52-week low of $95.88 and a 52-week high of $115.61. The company’s 50 day moving average is $112.93 and its 200 day moving average is $109.39.

NXPI has been the topic of a number of research reports. Deutsche Bank AG lowered NXP Semiconductors N.V. from a “buy” rating to a “hold” rating and set a $110.00 price objective on the stock. in a report on Monday, June 19th. Stifel Nicolaus restated a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors N.V. in a report on Tuesday, July 4th. Zacks Investment Research lowered NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Jefferies Group LLC restated a “hold” rating and issued a $110.00 price objective on shares of NXP Semiconductors N.V. in a report on Monday, July 10th. Finally, BidaskClub lowered NXP Semiconductors N.V. from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, nineteen have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $109.83.

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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.

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

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