(NASDAQ:NXPI) traded up 0.35% during midday trading on Wednesday, hitting $112.81. Puplava Financial Services Inc. purchased a new position in shares of NXP Semiconductors N.V. during the second quarter worth $1,321,000. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Norris Perne & French LLP MI now owns 14,496 shares of the semiconductor provider’s stock valued at $1,587,000 after buying an additional 121 shares during the last quarter. The stock now has a consensus rating of “Hold” and a consensus price target of $110.53. Company chares are trading at $112.98 which is marginally over the 50 day moving average which is $109.54 and which is just over the 200 day moving average of $105.36. The stock closing price is now trading upward to its 50 day moving average with change of 2.78%, escalated to its 20 day moving average with figure of 2.37% and above its 200 day moving average with value 8.75%. Finally, BMO Capital Markets reiterated a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors N.V.in a research note on Friday, July 21st.
NXP Semiconductors N.V. now has a P/E ratio of 19.98 and the market cap is 28.30B. The stock of NXP Semiconductors NV (NASDAQ:NXPI) earned “Buy” rating by Sterne Agee CRT on Wednesday, September 9. Deutsche Bank AG downgraded shares of NXP Semiconductors N.V. from a buy rating to a hold rating and set a $110.00 price target on the stock.in a report on Monday, June 19th.
NXP Semiconductors N.V. (NXP), launched on August 2, 2006, is a holding company.
Shares of NXP Semiconductors N.V.
In case of Revenue Estimates, 15 analysts have provided their consensus Average Revenue Estimates for NXP Semiconductors NV as 2.29 Billion. ProVise Management Group LLC increased its position in shares of NXP Semiconductors N.V.by 1.4% in the first quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. The fund owned 12,002 shares of the semiconductor provider’s stock after buying an additional 1,292 shares during the period. FIL Ltd now owns 3,906,470 shares of the semiconductor provider’s stock valued at $404,320,000 after buying an additional 1,515,559 shares during the last quarter. NXP Semiconductors N.V. The stock has a market cap of $28.40 billion, a PE ratio of 20.05 and a beta of 0.89.
Lincoln Capital Corp increased its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 34.5%…