Qualcomm was down 0.9%, near 63.40, and NXP was up 0.2%, near 125.80. NXP Semiconductors has a fifty-two week low of $102.19 and a fifty-two week high of $125.93. The hedge fund held 873,096 shares of the semiconductors company at the end of 2017Q3, valued at $98.74 million, up from 707,487 at the end of the previous reported quarter.
The Company ended its previous trading session at $10.63 with the gain of 0.19%.
Alpine Partners Vi Llc decreased Nxp Semiconductors N V (NXPI) stake by 72.49% reported in 2017Q3 SEC filing.
NXP Semiconductors N.V.is a global semiconductor company. Tyrus Capital Sam bought 205,493 shares as the company's stock rose 5.22% with the market. The Company's expertise is in RF, analog, power management, interface, security and digital processing products.
Both NXP and Qualcomm have developed important innovative technologies used in mobile phones. NXP has a worldwide payroll of 33,000, of whom 2,500 are located in the Netherlands in units at Eindhoven and Nijmegen.
NXP Semiconductors NV (NASDAQ:NXPI) received a Buy rating from 0 analysts. Stifel Nicolaus maintained NXP Semiconductors N.V. (NASDAQ:NXPI) on Friday, September 1 with "Hold" rating.
NXP Semiconductors (NASDAQ:NXPI) had its price objective lifted by SunTrust Banks to $127.50 in a research report released on Tuesday morning. This showed a surprise of 8.9% in the last quarter earnings. Company fiscal year is ending in December and analysts' consensus recommendation is Hold for NXPI and estimated EPS for next quarter is 1.67.
Mr Tan's stock grant, valued at US$98.3 million, will vest in 2020 and 2021 at its target value if the California-based company's shares outperform at least half of the companies in the S&P 500 during the performance periods, according to a regulatory filing on Tuesday. Firm LT growth rate is estimated as 2%.
By taking a look at the stock's current statistics it can gauged that the stock candle is BEARISH with HIGH volatility. Blackrock Inc. owns $2.32 billion in NXP Semiconductors N.V., which represents roughly 5.42% of the company's market cap and approximately 6.84% of the institutional ownership. The Relative Volume value measured for NXP Semiconductors NV stands at 11.41. The Stock shows P/E value of 19.57 and Forward P/E of 15.4.
Institutional investors now hold around $33.96 billion or 87.8% in NXPI stock. The return on assets stands at 9.3%, Return on Equity now is 17.3% and the Return on Investment value is 12.7%. Robert W. Baird maintained NXP Semiconductors N.V. (NASDAQ:NXPI) on Thursday, October 26 with "Hold" rating. RLGY's distance from 20 day simple moving average is -6.29% and distance from 50-Day simple moving average is -7.40%. About 161,964 shares traded. The Monthly and Yearly performances are 4.24 percent and 22.62 percent respectively. The Free Cash Flow or FCF margin is 18.
Following on from that point, Qualcomm's latest statement also highly implies this latest move by Broadcom its a strategic one.