Morgan Stanley reaffirmed their buy rating on shares of NXP Semiconductors NV (NASDAQ:NXPI) in a research note issued to investors on Tuesday morning, Analyst Ratings.Netreports.

A number of large investors recently modified their holdings of the company. Independent Portfolio Consultants Inc. increased its stake in shares of NXP Semiconductors NV by 0.4% in the first quarter. Independent Portfolio Consultants Inc. now owns 8,424 shares of the semiconductor provider’s stock valued at $683,000 after buying an additional 35 shares during the period. SeaBridge Investment Advisors LLC increased its stake in shares of NXP Semiconductors NV by 2.5% in the fourth quarter. SeaBridge Investment Advisors LLC now owns 13,660 shares of the semiconductor provider’s stock valued at $1,151,000 after buying an additional 334 shares during the period. Strategic Financial Services Inc increased its stake in shares of NXP Semiconductors NV by 1.3% in the fourth quarter. Strategic Financial Services Inc now owns 34,523 shares of the semiconductor provider’s stock valued at $2,909,000 after buying an additional 449 shares during the period. Eagle Global Advisors LLC increased its stake in shares of NXP Semiconductors NV by 0.3% in the fourth quarter. Eagle Global Advisors LLC now owns 143,895 shares of the semiconductor provider’s stock valued at $12,123,000 after buying an additional 460 shares during the period. Finally, Comerica Bank increased its stake in shares of NXP Semiconductors NV by 0.9% in the fourth quarter. Comerica Bank now owns 54,265 shares of the semiconductor provider’s stock valued at $4,079,000 after buying an additional 483 shares during the period.

NXPI has been the subject of a number of other research reports. Zacks Investment Research raised NXP Semiconductors NV from a sell rating to a hold rating in a report on Wednesday, April 6th. Goldman Sachs started coverage on NXP Semiconductors NV in a report on Wednesday, February 3rd. They set a neutral rating for the company. Oppenheimer reaffirmed an outperform rating and set a $100.00 target price on shares of NXP Semiconductors NV in a report on Tuesday, February 2nd. JPMorgan Chase & Co. lifted their target price on NXP Semiconductors NV from $95.00 to $97.00 and gave the stock a neutral rating in a report on Friday, February 5th. Finally, Canaccord Genuity reaffirmed a buy rating and set a $120.00 target price on shares of NXP Semiconductors NV in a report on Tuesday, March 1st. Three analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. NXP Semiconductors NV presently has an average rating of Buy and an average price target of $104.86.

NXP Semiconductors NV (NASDAQ:NXPI) traded up 2.178% during trading on Tuesday, hitting $84.695. 1,123,162 shares of the stock traded hands. The firm has a 50-day moving average price of $80.60 and a 200 day moving average price of $80.40. The company has a market cap of $21.32 billion and a P/E ratio of 13.884. NXP Semiconductors NV has a 52-week low of $61.61 and a 52-week high of $114.00.

NXP Semiconductors NV (NASDAQ:NXPI) last issued its quarterly earnings results on Wednesday, February 3rd. The semiconductor provider reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.18. The business earned $1.61 billion during the quarter, compared to analyst estimates of $1.29 billion. On average, equities analysts expect that NXP Semiconductors NV will post $5.63 EPS for the current year.

NXP Semiconductors N.V. (NASDAQ:NXPI) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions. Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications.