NXP Semiconductors (NASDAQ:NXPI) Stock Holdings Increased by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. grew its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 2,997.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,301 shares of the semiconductor provider's stock after acquiring an additional 1,259 shares during the quarter. SRS Capital Advisors Inc.'s holdings in NXP Semiconductors were worth $270,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Crumly & Associates Inc. lifted 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 period. Ascent Group LLC lifted its position in NXP Semiconductors by 0.4% during the third quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider's stock worth $3,000,000 after buying an additional 46 shares during the period. Central Bank & Trust Co. lifted 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 buying an additional 48 shares during the period. Parkside Financial Bank & Trust lifted its position in NXP Semiconductors by 9.8% during the fourth quarter. Parkside Financial Bank & Trust now owns 573 shares of the semiconductor provider's stock worth $119,000 after buying an additional 51 shares during the period. Finally, Private Trust Co. NA lifted its position in NXP Semiconductors by 5.8% during the fourth quarter. Private Trust Co. NA now owns 968 shares of the semiconductor provider's stock worth $201,000 after buying an additional 53 shares during the period. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Cantor Fitzgerald restated an "overweight" rating and issued a $250.00 price objective on shares of NXP Semiconductors in a report on Tuesday, February 4th. JPMorgan Chase & Co. cut their price objective on NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating on the stock in a report on Wednesday, February 5th. Evercore ISI lowered their target price on NXP Semiconductors from $370.00 to $315.00 and set an "outperform" rating for the company in a research note on Wednesday, November 6th. Loop Capital started 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. Finally, Morgan Stanley upgraded NXP Semiconductors from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $231.00 to $257.00 in a research note on Wednesday, February 12th. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $267.00.

NXP Semiconductors Stock Performance

Shares of NXPI traded up $5.61 during mid-day trading on Wednesday, hitting $216.77. The stock had a trading volume of 2,618,721 shares, compared to its average volume of 2,300,128. The company has a market cap of $54.98 billion, a PE ratio of 22.28, a PEG ratio of 3.01 and a beta of 1.46. NXP Semiconductors has a fifty-two week low of $198.21 and a fifty-two 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. The company's fifty day simple moving average is $216.02 and its two-hundred day simple moving average is $226.61.

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.