Soroban Capital Partners LP Raised Nxp Semiconductors N V (NXPI) Holding

NXP Semiconductors N.V. (NASDAQ:NXPI) Logo

Soroban Capital Partners Lp increased its stake in Nxp Semiconductors N V (NXPI) by 12.8% based on its latest 2019Q1 regulatory filing with the SEC. Soroban Capital Partners Lp bought 681,097 shares as the company’s stock rose 9.02% with the market. The hedge fund held 6.00M shares of the semiconductors company at the end of 2019Q1, valued at $530.41 million, up from 5.32 million at the end of the previous reported quarter. Soroban Capital Partners Lp who had been investing in Nxp Semiconductors N V for a number of months, seems to be bullish on the $27.66 billion market cap company. The stock increased 3.05% or $2.87 during the last trading session, reaching $96.99. About 2.23 million shares traded. NXP Semiconductors N.V. (NASDAQ:NXPI) has declined 9.54% since July 14, 2018 and is downtrending. It has underperformed by 13.97% the S&P500.

Soroban Capital Partners Lp, which manages about $10.82B and $5.52B US Long portfolio, decreased its stake in Sap Se (NYSE:SAP) by 2.13 million shares to 2.25M shares, valued at $259.54 million in 2019Q1, according to the filing.

More notable recent NXP Semiconductors N.V. (NASDAQ:NXPI) news were published by: Globenewswire.com which released: “NXP to acquire Marvell’s WiFi and Bluetooth Connectivity Assets – GlobeNewswire” on May 29, 2019, also Seekingalpha.com with their article: “NXP Semi -3% after CFO warning on China – Seeking Alpha” published on February 26, 2019, Nasdaq.com published: “Implied EQAL Analyst Target Price: $37 – Nasdaq” on June 18, 2019. More interesting news about NXP Semiconductors N.V. (NASDAQ:NXPI) were released by: Nasdaq.com and their article: “NXPI Crosses Above Key Moving Average Level – Nasdaq” published on February 06, 2019 as well as Finance.Yahoo.com‘s news article titled: “3 Top Driverless Car Stocks to Watch – Yahoo Finance” with publication date: June 29, 2019.

NXP Semiconductors N.V. (NASDAQ:NXPI) Ratings Coverage

Among 6 analysts covering NXP Semiconductors (NASDAQ:NXPI), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. NXP Semiconductors had 10 analyst reports since January 17, 2019 according to SRatingsIntel. Morgan Stanley upgraded NXP Semiconductors N.V. (NASDAQ:NXPI) rating on Wednesday, June 12. Morgan Stanley has “Overweight” rating and $11400 target. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) earned “Buy” rating by Nomura on Thursday, January 17. On Thursday, March 14 the stock rating was maintained by Deutsche Bank with “Buy”. PiperJaffray maintained the shares of NXPI in report on Tuesday, April 9 with “Overweight” rating. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, June 5. The rating was downgraded by Mizuho to “Neutral” on Friday, February 8. The rating was maintained by Mizuho with “Neutral” on Wednesday, May 1.

NXP Semiconductors N.V. (NASDAQ:NXPI) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.