Traders sold shares of NXP Semiconductors NV (NASDAQ:NXPI) on strength during trading hours on Tuesday. $141.08 million flowed into the stock on the tick-up and $174.46 million flowed out of the stock on the tick-down, for a money net flow of $33.38 million out of the stock. Of all equities tracked, NXP Semiconductors had the 0th highest net out-flow for the day. NXP Semiconductors traded up $1.52 for the day and closed at $94.66
A number of equities research analysts have issued reports on NXPI shares. Zacks Investment Research lowered NXP Semiconductors from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 9th. ValuEngine upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a research note on Monday, May 14th. SunTrust Banks lowered NXP Semiconductors from a “buy” rating to a “hold” rating and cut their price target for the stock from $120.82 to $119.00 in a research note on Monday, June 11th. They noted that the move was a valuation call. BidaskClub upgraded NXP Semiconductors from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 23rd. Finally, Morgan Stanley cut their price target on NXP Semiconductors from $127.50 to $105.00 and set an “equal weight” rating for the company in a research note on Thursday, July 26th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. NXP Semiconductors has a consensus rating of “Hold” and a consensus target price of $109.80.
The stock has a market cap of $32.01 billion, a price-to-earnings ratio of 13.03, a PEG ratio of 0.78 and a beta of 0.82. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.98 and a quick ratio of 2.26.
NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Thursday, July 26th. The semiconductor provider reported $1.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.43 by ($0.33). The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.36 billion. NXP Semiconductors had a net margin of 10.35% and a return on equity of 16.24%. analysts forecast that NXP Semiconductors NV will post 5.98 earnings per share for the current fiscal year.
Several institutional investors have recently modified their holdings of the company. HRT Financial LLC purchased a new position in shares of NXP Semiconductors during the second quarter valued at about $898,000. Canyon Capital Advisors LLC lifted its holdings in shares of NXP Semiconductors by 144.9% in the 2nd quarter. Canyon Capital Advisors LLC now owns 784,630 shares of the semiconductor provider’s stock valued at $85,737,000 after acquiring an additional 464,290 shares during the last quarter. Global X Management Co LLC lifted its holdings in shares of NXP Semiconductors by 17.1% in the 2nd quarter. Global X Management Co LLC now owns 30,571 shares of the semiconductor provider’s stock valued at $3,340,000 after acquiring an additional 4,475 shares during the last quarter. California Public Employees Retirement System lifted its holdings in shares of NXP Semiconductors by 37.4% in the 2nd quarter. California Public Employees Retirement System now owns 1,011,175 shares of the semiconductor provider’s stock valued at $110,491,000 after acquiring an additional 275,355 shares during the last quarter. Finally, Phocas Financial Corp. bought a new position in shares of NXP Semiconductors in the 2nd quarter valued at about $398,000. Hedge funds and other institutional investors own 83.58% of the company’s stock.
NXP Semiconductors Company Profile (NASDAQ:NXPI)
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; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.
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