Mn Services Vermogensbeheer B.V. Purchases 1,900 Shares of NXP Semiconductors (NASDAQ:NXPI)

Mn Services Vermogensbeheer B.V. lifted its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 1.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 101,300 shares of the semiconductor provider's stock after purchasing an additional 1,900 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in NXP Semiconductors were worth $21,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Crumly & Associates Inc. increased its position in NXP Semiconductors by 2.0% during the third quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider's stock worth $546,000 after buying an additional 45 shares during the last quarter. Ascent Group LLC boosted its position in shares of NXP Semiconductors by 0.4% in the third quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider's stock valued at $3,000,000 after acquiring an additional 46 shares during the period. Central Bank & Trust Co. increased its position in NXP Semiconductors by 1.1% during the fourth quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider's stock worth $917,000 after acquiring an additional 48 shares during the period. Phillips Wealth Planners LLC increased its position in NXP Semiconductors by 4.7% during the third quarter. Phillips Wealth Planners LLC now owns 1,190 shares of the semiconductor provider's stock worth $277,000 after acquiring an additional 53 shares during the period. Finally, Trustmark National Bank Trust Department raised its stake in NXP Semiconductors by 6.8% during the 3rd quarter. Trustmark National Bank Trust Department now owns 921 shares of the semiconductor provider's stock valued at $221,000 after purchasing an additional 59 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Price Performance

Shares of NXPI stock traded up $0.94 during trading hours on Monday, hitting $216.53. 4,577,170 shares of the company's stock were exchanged, compared to its average volume of 2,988,729. NXP Semiconductors has a 52 week low of $198.21 and a 52 week high of $296.08. The stock has a market cap of $54.92 billion, a price-to-earnings ratio of 22.25, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The stock's 50-day moving average is $216.03 and its 200-day moving average is $227.24.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. The Goldman Sachs Group reiterated a "buy" rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Oppenheimer reduced their price objective on NXP Semiconductors from $330.00 to $300.00 and set an "outperform" rating for the company in a research report on Wednesday, November 6th. Loop Capital initiated coverage on NXP Semiconductors in a research note on Monday, November 11th. They issued a "buy" rating and a $300.00 target price for the company. Barclays decreased their price target on shares of NXP Semiconductors from $280.00 to $230.00 and set an "overweight" rating on the stock in a research note on Friday, January 17th. Finally, Wells Fargo & Company began coverage on shares of NXP Semiconductors in a research note on Friday, November 22nd. They issued an "overweight" rating and a $250.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, NXP Semiconductors has a consensus rating of "Moderate Buy" and a consensus target price of $267.00.

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.