NXP Semiconductors NV (NXPI) Shares Bought by Comerica Bank

Comerica Bank grew its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 58.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 48,201 shares of the semiconductor provider’s stock after acquiring an additional 17,768 shares during the period. Comerica Bank’s holdings in NXP Semiconductors were worth $4,730,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the company. First Personal Financial Services increased its stake in NXP Semiconductors by 356.0% during the 4th quarter. First Personal Financial Services now owns 342 shares of the semiconductor provider’s stock worth $25,000 after buying an additional 267 shares during the period. Covenant Multifamily Offices LLC purchased a new stake in NXP Semiconductors during the 1st quarter worth approximately $25,000. Legacy Bridge LLC purchased a new stake in NXP Semiconductors during the 4th quarter worth approximately $26,000. Lindbrook Capital LLC purchased a new stake in NXP Semiconductors during the 4th quarter worth approximately $26,000. Finally, Berman Capital Advisors LLC purchased a new stake in NXP Semiconductors during the 4th quarter worth approximately $27,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Shares of NXP Semiconductors stock opened at $98.17 on Wednesday. NXP Semiconductors NV has a 12-month low of $67.62 and a 12-month high of $122.24. The company has a quick ratio of 1.04, a current ratio of 1.42 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $30.61 billion, a PE ratio of 16.53, a P/E/G ratio of 1.14 and a beta of 1.16.



NXPI has been the topic of several recent research reports. Zacks Investment Research downgraded shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a research note on Thursday, January 17th. Nomura raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and set a $95.00 target price on the stock in a research note on Thursday, January 17th. Needham & Company LLC reissued a “buy” rating and issued a $95.00 price objective on shares of NXP Semiconductors in a research report on Thursday, January 24th. BidaskClub raised shares of NXP Semiconductors from a “strong sell” rating to a “sell” rating in a research report on Tuesday, January 29th. Finally, Mizuho downgraded shares of NXP Semiconductors from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $99.00 to $95.00 in a research report on Friday, February 8th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $99.42.

COPYRIGHT VIOLATION WARNING: “NXP Semiconductors NV (NXPI) Shares Bought by Comerica Bank” was originally published by Dakota Financial News and is owned by of Dakota Financial News. If you are accessing this story on another domain, it was stolen and republished in violation of United States & international copyright & trademark laws. The correct version of this story can be accessed at https://dakotafinancialnews.com/2019/05/15/nxp-semiconductors-nv-nxpi-shares-bought-by-comerica-bank.html.

NXP Semiconductors Profile

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; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

Further Reading: Asset Allocation and Your Retirement

Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors NV (NASDAQ:NXPI).

Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.