Markel Corp Holds Stake in NXP Semiconductors N.V. (NXPI)

Markel Corp maintained its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 35,000 shares of the semiconductor provider’s stock at the end of the second quarter. Markel Corp’s holdings in NXP Semiconductors N.V. were worth $3,831,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NF Trinity Capital Hong Kong Ltd boosted its position in shares of NXP Semiconductors N.V. by 135.5% in the first quarter. NF Trinity Capital Hong Kong Ltd now owns 150,000 shares of the semiconductor provider’s stock valued at $170,000 after buying an additional 86,296 shares during the period. Welch & Forbes LLC bought a new position in shares of NXP Semiconductors N.V. during the first quarter valued at about $204,000. Boston Family Office LLC acquired a new position in NXP Semiconductors N.V. during the first quarter valued at about $207,000. AQR Capital Management LLC acquired a new position in NXP Semiconductors N.V. during the fourth quarter valued at about $210,000. Finally, Assetmark Inc. boosted its position in NXP Semiconductors N.V. by 3.3% in the first quarter. Assetmark Inc. now owns 2,060 shares of the semiconductor provider’s stock valued at $213,000 after buying an additional 66 shares during the last quarter. Institutional investors and hedge funds own 75.01% of the company’s stock.

NXP Semiconductors N.V. (NASDAQ NXPI) opened at 112.45 on Friday. NXP Semiconductors N.V. has a 12 month low of $80.13 and a 12 month high of $113.39. The company has a market cap of $28.31 billion, a PE ratio of 19.97 and a beta of 0.89. The stock’s 50 day moving average is $110.64 and its 200 day moving average is $106.57.

COPYRIGHT VIOLATION NOTICE: This news story was first reported by BNB Daily and is owned by of BNB Daily. If you are reading this news story on another site, it was copied illegally and reposted in violation of US and international trademark and copyright law. The correct version of this news story can be viewed at https://www.baseball-news-blog.com/2017/08/19/markel-corp-has-3831000-stake-in-nxp-semiconductors-n-v-nxpi-updated-updated.html.

NXPI has been the topic of several recent analyst reports. Zacks Investment Research upgraded NXP Semiconductors N.V. from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a research report on Tuesday, May 9th. ValuEngine raised NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. BidaskClub raised NXP Semiconductors N.V. from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Morgan Stanley boosted their price target on NXP Semiconductors N.V. from $110.00 to $117.50 and gave the stock an “equal weight” rating in a research note on Monday, August 7th. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $110.00 target price on shares of NXP Semiconductors N.V. in a research note on Friday, July 21st. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $110.97.

NXP Semiconductors N.V. Company Profile

NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.

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

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

Latest News

Leave a Reply