Tocqueville Asset Management L.P. reduced its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 30.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 28,640 shares of the semiconductor provider’s stock after selling 12,550 shares during the period. Tocqueville Asset Management L.P.’s holdings in NXP Semiconductors NV were worth $2,413,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mackay Shields purchased a new position in shares of NXP Semiconductors NV during the fourth quarter valued at about $37,245,000. Community Trust & Investment Company boosted its position in shares of NXP Semiconductors NV by 19.7% in the fourth quarter. Community Trust & Investment Company now owns 183,000 shares of the semiconductor provider’s stock valued at $15,417,000 after buying an additional 30,091 shares during the last quarter. Deltec Asset Management LLC boosted its position in shares of NXP Semiconductors NV by 69.8% in the fourth quarter. Deltec Asset Management LLC now owns 115,509 shares of the semiconductor provider’s stock valued at $9,734,000 after buying an additional 47,500 shares during the last quarter. Atwood & Palmer Inc. boosted its position in shares of NXP Semiconductors NV by 1.9% in the fourth quarter. Atwood & Palmer Inc. now owns 154,711 shares of the semiconductor provider’s stock valued at $13,034,000 after buying an additional 2,855 shares during the last quarter. Finally, Renaissance Investment Group boosted its position in shares of NXP Semiconductors NV by 2.2% in the fourth quarter. Renaissance Investment Group now owns 64,580 shares of the semiconductor provider’s stock valued at $5,441,000 after buying an additional 1,375 shares during the last quarter.

NXP Semiconductors NV (NASDAQ:NXPI) traded up 0.3165% during trading on Monday, reaching $76.8725. The company had a trading volume of 3,396,253 shares. The firm has a market capitalization of $19.35 billion and a price-to-earnings ratio of 12.6020. NXP Semiconductors NV has a 52 week low of $61.61 and a 52 week high of $114.00. The company’s 50-day moving average is $70.79 and its 200 day moving average is $81.58.

Several research analysts have issued reports on the company. BMO Capital Markets reissued an “outperform” rating and issued a $87.00 target price (up from $80.00) on shares of NXP Semiconductors NV in a research report on Thursday, December 3rd. Deutsche Bank reaffirmed a “buy” rating and set a $110.00 price objective on shares of NXP Semiconductors NV in a research report on Monday, December 7th. Stifel Nicolaus reaffirmed a “buy” rating and set a $110.00 price objective (up from $100.00) on shares of NXP Semiconductors NV in a research report on Thursday, December 10th. Canaccord Genuity reaffirmed a “buy” rating and set a $120.00 price objective (up from $84.58) on shares of NXP Semiconductors NV in a research report on Friday, December 18th. Finally, Mizuho reaffirmed a “buy” rating and set a $120.00 price objective on shares ofNXP Semiconductors NV in a research report on Monday, January 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company. NXP Semiconductors NV currently has a consensus rating of “Buy” and an average target price of $104.84.NXP Semiconductors NV (NASDAQ:NXPI) last issued its quarterly earnings results on Wednesday, February 3rd. The semiconductor provider reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.18. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Equities analysts anticipate that NXP Semiconductors NV will post $5.67 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.