Sanctuary Advisors LLC Decreases Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Sanctuary Advisors LLC lessened its holdings in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,436 shares of the semiconductor provider's stock after selling 2,556 shares during the quarter. Sanctuary Advisors LLC's holdings in NXP Semiconductors were worth $5,165,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of NXP Semiconductors by 387.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,294,340 shares of the semiconductor provider's stock valued at $550,665,000 after acquiring an additional 1,823,650 shares during the period. Van ECK Associates Corp increased its position in shares of NXP Semiconductors by 67.2% in the third quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider's stock valued at $718,680,000 after acquiring an additional 1,222,736 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of NXP Semiconductors by 337.2% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,924 shares of the semiconductor provider's stock valued at $225,591,000 after acquiring an additional 724,951 shares during the period. International Assets Investment Management LLC increased its position in shares of NXP Semiconductors by 24,533.2% in the third quarter. International Assets Investment Management LLC now owns 514,341 shares of the semiconductor provider's stock valued at $123,447,000 after acquiring an additional 512,253 shares during the period. Finally, Assenagon Asset Management S.A. increased its position in shares of NXP Semiconductors by 1,172.3% in the fourth quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider's stock valued at $115,396,000 after acquiring an additional 511,553 shares during the period. Hedge funds and other institutional investors own 90.54% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Truist Financial boosted their price target on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Tuesday. Mizuho boosted their price target on shares of NXP Semiconductors from $240.00 to $255.00 and gave the company an "outperform" rating in a research report on Thursday. Susquehanna reduced their price target on shares of NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 5th. Evercore ISI reduced their price target on shares of NXP Semiconductors from $370.00 to $315.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 6th. Finally, Barclays reduced 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 report on Friday, January 17th. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, NXP Semiconductors currently has an average rating of "Moderate Buy" and an average target price of $267.00.

NXP Semiconductors Stock Down 3.8 %

Shares of NASDAQ NXPI traded down $9.34 during midday trading on Friday, hitting $236.52. The stock had a trading volume of 5,304,408 shares, compared to its average volume of 2,894,500. The business's 50 day moving average is $214.47 and its 200-day moving average is $227.98. The company has a market cap of $60.11 billion, a P/E ratio of 24.31, a PEG ratio of 3.01 and a beta of 1.46. NXP Semiconductors has a 52 week low of $198.21 and a 52 week high of $296.08. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09.

About NXP Semiconductors

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.