Needham & Company LLC Reaffirms "Strong-Buy" Rating for NXP Semiconductors NV (NXPI)

Marco Green
January 13, 2018

It is up 5.37% since January 12, 2017 and is downtrending. It has underperformed by 16.70% the S&P500.

Gabelli Securities Inc decreased its stake in Nxp Semiconductors N V Com (NXPI) by 5.56% based on its latest 2017Q3 regulatory filing with the SEC. Omni Partners Llp sold 100,127 shares as the company's stock rose 5.22% with the market. The hedge fund run by Jerome L. Simon held 1.00 million shares of the consumer services company at the end of 2017Q3, valued at $17.99 million, up from 205,000 at the end of the previous reported quarter. Omni Partners Llp who had been investing in Nxp Semiconductors N V for a number of months, seems to be less bullish one the $40.54 billion market cap company. The stock decreased 0.02% or $0.02 during the last trading session, reaching $119.23.

Lathrop Investment Management Corp lowered its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 10.2% during the 4th quarter, Holdings Channel reports. It has outperformed by 7.97% the S&P500. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. Therefore 80% are positive. Amazon.com had 245 analyst reports since July 21, 2015 according to SRatingsIntel. FBR Capital maintained it with "Outperform" rating and $105 target in Wednesday, November 18 report. Canaccord Genuity has "Hold" rating and $11000 target. Drexel Hamilton maintained NXP Semiconductors N.V. (NASDAQ:NXPI) rating on Thursday, August 3. Cantor Fitzgerald has "Buy" rating and GBX 1200 target. As per Thursday, October 26, the company rating was downgraded by Bernstein. (NASDAQ:AMZN) earned "Buy" rating by Stifel Nicolaus on Sunday, October 22. "Invests $966,000 in NXP Semiconductors N.V. (NXPI) Stock" was originally published by StockNewsTimes and is owned by of StockNewsTimes. Oppenheimer maintained the stock with "Hold" rating in Thursday, October 26 report. The fund purchased 8,248 shares of the semiconductor provider's stock, valued at approximately $966,000. NXP Semiconductors N.V. now has a consensus rating of Hold and an average price target of $108.04. The stock increased 1.46% or $1.285 during the last trading session, reaching $89.365. CBS's profit will be $455.01M for 12.14 P/E if the $1.19 EPS becomes a reality. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has "Hold" rating given on Thursday, August 3 by Mizuho.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 44% are positive. The company was initiated on Tuesday, August 2 by Robert W. Baird. The rating was maintained by RBC Capital Markets with "Buy" on Monday, September 11. Deutsche Bank downgraded Calpine Corporation (NYSE:CPN) on Monday, November 2 to "Hold" rating. Stifel Nicolaus maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, January 27.

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on February, 7. As per Friday, September 18, the company rating was initiated by Citigroup. The stock of Deckers Outdoor Corporation (NYSE:DECK) has "Buy" rating given on Friday, July 28 by Jefferies. The stock of Select Medical Holdings Corporation (NYSE:SEM) has "Market Perform" rating given on Monday, January 30 by Wells Fargo. The firm has "Buy" rating by Evercore given on Friday, July 31. Portmeirion Group plc (LON:PMP) has 0.00% since January 12, 2017 and is. Its up 0.31, from 0.64 in 2017Q2.

A number of other institutional investors have also bought and sold shares of NXPI. The Sustainable Growth Advisers Lp holds 271,826 shares with $261.32 million value, down from 320,059 last quarter. California-based Phocas Financial has invested 0.75% in Calpine Corporation (NYSE:CPN). Cambridge Invest Research Advsrs holds 38,485 shares or 0.01% of its portfolio. Cordasco Financial owns 25 shares or 0% of their USA portfolio. Spruce House Invest Mgmt Limited Liability Corporation reported 3.65 million shares stake. Moreover, Teacher Retirement Systems Of Texas has 0% invested in Calpine Corporation (NYSE:CPN). 101.77 million shares or 11.10% more from 91.60 million shares in 2017Q2 were reported. North Amer Mngmt holds 0.03% in Amazon.com, Inc. Jennison Associates LLC now owns 9,789,636 shares of the semiconductor provider's stock valued at $998,641,000 after buying an additional 319,862 shares during the period. Peak6 Invests LP invested 0.01% of its portfolio in Calpine Corporation (NYSE:CPN). About 321,161 shares traded. Benchmark Advsrs accumulated 5,100 shares. Yakira Cap Incorporated owns 135,300 shares for 0.66% of their portfolio. Fdx holds 12,350 shares or 0.02% of its portfolio. Laurion Capital Mgmt LP reported 0.03% stake.

Since August 30, 2017, it had 0 buys, and 6 insider sales for $1.94 million activity. 1,985 shares were sold by Jassy Andrew R, worth $1.96 million. $4.92 million worth of CBS Corporation (NYSE:CBS) was sold by MOONVES LESLIE on Tuesday, December 12.

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency, analog, power management, interface, security, and digital processing products worldwide. They expect $0.86 earnings per share, up 3.61% or $0.03 from last year's $0.83 per share.

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