Several other equities analysts have also weighed in on NXPI. Barclays restated a buy rating on shares of NXP Semiconductors in a research report on Sunday, May 5th. Stifel Nicolaus set a $105.00 price objective on shares of NXP Semiconductors and gave the company a hold rating in a research report on Wednesday, July 31st. Zacks Investment Research lowered shares of NXP Semiconductors from a buy rating to a hold rating in a research report on Saturday, July 27th. Bank of America reaffirmed a buy rating and set a $125.00 price objective (up from $105.00) on shares of NXP Semiconductors in a research note on Wednesday, May 1st. Finally, Morgan Stanley upped their price objective on shares of NXP Semiconductors from $114.00 to $115.00 and gave the company an overweight rating in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. NXP Semiconductors has an average rating of Buy and an average price target of $105.00.
NASDAQ:NXPI opened at $103.46 on Friday. NXP Semiconductors has a twelve month low of $67.62 and a twelve month high of $108.51. The company has a current ratio of 1.82, a quick ratio of 1.44 and a debt-to-equity ratio of 0.79. The company has a 50-day moving average of $99.65 and a 200-day moving average of $96.00. The firm has a market cap of $32.79 billion, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 1.26 and a beta of 1.26.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Covenant Multifamily Offices LLC bought a new position in NXP Semiconductors during the first quarter valued at approximately $25,000. Westwood Holdings Group Inc. bought a new position in NXP Semiconductors during the second quarter valued at approximately $25,000. Global Trust Asset Management LLC bought a new position in NXP Semiconductors during the second quarter valued at approximately $26,000. Next Capital Management LLC bought a new position in NXP Semiconductors during the second quarter valued at approximately $26,000. Finally, Liberty Wealth Management LLC raised its position in NXP Semiconductors by 5,050.0% during the first quarter. Liberty Wealth Management LLC now owns 309 shares of the semiconductor provider’s stock valued at $27,000 after acquiring an additional 303 shares in the last quarter. 75.85% of the stock is owned by institutional investors and hedge funds.
About NXP Semiconductors
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.
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