Teacher Retirement System of Texas reduced its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 33.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,570 shares of the semiconductor provider’s stock after selling 41,728 shares during the period. Teacher Retirement System of Texas’ holdings in NXP Semiconductors N.V. were worth $9,451,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. TCI Wealth Advisors Inc. increased its position 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 worth $130,000 after purchasing an additional 52 shares during the last quarter. Picton Mahoney Asset Management acquired a new position in NXP Semiconductors N.V. in the 2nd quarter worth about $165,000. BT Investment Management Ltd acquired a new position in NXP Semiconductors N.V. in the 2nd quarter worth about $166,000. Commonwealth Bank of Australia increased its position 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 worth $181,000 after purchasing an additional 14 shares during the last quarter. Finally, RFG Advisory Group LLC acquired a new position in NXP Semiconductors N.V. in the 2nd quarter worth about $211,000. 79.96% of the stock is currently owned by institutional investors.

Shares of NXP Semiconductors N.V. (NXPI) opened at $115.50 on Friday. NXP Semiconductors N.V. has a 52 week low of $96.00 and a 52 week high of $118.20. The firm has a market capitalization of $39,860.00, a P/E ratio of 20.26, a P/E/G ratio of 1.00 and a beta of 0.85. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.59 and a current ratio of 2.04.

Several research analysts have weighed in on NXPI shares. BMO Capital Markets reaffirmed a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors N.V. in a research report on Friday, July 21st. KeyCorp reaffirmed a “hold” rating on shares of NXP Semiconductors N.V. in a research report on Friday, September 8th. Sanford C. Bernstein lowered NXP Semiconductors N.V. from an “outperform” rating to a “market perform” rating and set a $125.00 target price on the stock. in a research report on Thursday, October 26th. Jefferies Group LLC set a $115.00 target price on NXP Semiconductors N.V. and gave the stock a “hold” rating in a research report on Thursday, October 26th. Finally, Zacks Investment Research raised NXP Semiconductors N.V. from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Seventeen equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $112.57.

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NXP Semiconductors N.V. Profile

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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