As Nxp Semiconductors N V Com (NXPI) Market Valuation Rose, Holder Gabelli Securities INC Has Lowered Its Holding by $3.07 Million

January 14, 2018 - By Migdalia James

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. Gabelli Securities Inc sold 27,200 shares as the company’s stock rose 5.22% with the market. The hedge fund held 461,612 shares of the semiconductors company at the end of 2017Q3, valued at $52.20M, down from 488,812 at the end of the previous reported quarter. Gabelli Securities Inc who had been investing in Nxp Semiconductors N V Com for a number of months, seems to be less bullish one the $40.54B market cap company. The stock increased 0.28% or $0.33 during the last trading session, reaching $119.58. About 2.03M shares traded. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 24.67% since January 14, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.

Gabelli Securities Inc, which manages about $1.30B and $867.10M US Long portfolio, upped its stake in Vwr Corp by 318,241 shares to 536,795 shares, valued at $17.77M in 2017Q3, according to the filing. It also increased its holding in Bard C R Inc Com (NYSE:BCR) by 14,700 shares in the quarter, for a total of 112,885 shares, and has risen its stake in Time Warner Inc Com (NYSE:TWX).

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on February, 7. They expect $1.61 EPS, down 5.85 % or $0.10 from last year’s $1.71 per share. NXPI’s profit will be $545.84M for 18.57 P/E if the $1.61 EPS becomes a reality. After $1.27 actual EPS reported by NXP Semiconductors N.V. for the previous quarter, Wall Street now forecasts 26.77 % EPS growth.

More important recent NXP Semiconductors N.V. (NASDAQ:NXPI) news were published by: Fool.com which released: “Why NXP Semiconductors NV Shares Rose 20% in 2017” on January 08, 2018, also Wsj.com published article titled: “Qualcomm Set to Win European Backing for $39 Billion NXP Buy”, Fool.com published: “Here’s Why the Best Is Yet to Come for NXP Semiconductors NV” on December 26, 2017. More interesting news about NXP Semiconductors N.V. (NASDAQ:NXPI) was released by: Fool.com and their article: “Is Qualcomm’s Grip on NXP Semiconductors Getting Any Tighter?” with publication date: December 15, 2017.

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

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 8 have Buy rating, 1 Sell and 19 Hold. Therefore 29% are positive. NXP Semiconductors NV had 60 analyst reports since August 3, 2015 according to SRatingsIntel. The company was initiated on Tuesday, May 17 by CLSA. Morgan Stanley initiated the stock with “Overweight” rating in Monday, October 12 report. Oppenheimer maintained the stock with “Hold” rating in Thursday, August 3 report. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) earned “Neutral” rating by Goldman Sachs on Wednesday, February 3. The firm has “Hold” rating by Stifel Nicolaus given on Friday, September 1. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Friday, October 28. As per Tuesday, August 2, the company rating was initiated by Robert W. Baird. On Friday, October 28 the stock rating was downgraded by Suntrust Robinson to “Hold”. The rating was downgraded by Deutsche Bank on Monday, June 19 to “Hold”. The firm earned “Hold” rating on Thursday, October 26 by Oppenheimer.

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