Confluence Investment Management Position in Nxp Semiconductors N.V. (NXPI) Cut by $6.73 Million; Horan Capital Advisors Increased Ingersoll (IR) Stake by $2.09 Million as Share Price Declined

August 12, 2018 - By Jason Dias

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

Confluence Investment Management Llc decreased its stake in Nxp Semiconductors N.V. (NXPI) by 16.27% based on its latest 2018Q1 regulatory filing with the SEC. Confluence Investment Management Llc sold 57,517 shares as the company’s stock declined 6.16% with the market. The institutional investor held 296,102 shares of the semiconductors company at the end of 2018Q1, valued at $34.64 million, down from 353,619 at the end of the previous reported quarter. Confluence Investment Management Llc who had been investing in Nxp Semiconductors N.V. for a number of months, seems to be less bullish one the $34.95 billion market cap company. The stock decreased 1.42% or $1.46 during the last trading session, reaching $101.71. About 12.05M shares traded or 138.02% up from the average. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 8.19% since August 12, 2017 and is uptrending. It has underperformed by 4.38% the S&P500. Some Historical NXPI News: 19/04/2018 – QUALCOMM & NXP AGREE TO WITHDRAW & REFILE APPLICATION IN CHINA; 15/05/2018 – Qualcomm-NXP deal still on hold in China, trade talks with US eyed; 18/05/2018 – BEIJING OFFICIAL SAYS QUALCOMM-NXP DEAL LOOKING MORE OPTIMISTIC NOW – CNBC, CITING DJ; 18/04/2018 – China will review Qualcomm-NXP deal in a fair manner -commerce ministry; 25/04/2018 – Qualcomm’s Strategy for NXP Deal, Royalty Payments in Focus — Earnings Preview; 23/03/2018 – QUALCOMM EXTENDS TENDER OFFER FOR ALL SHRS OF NXP TO APRIL 2; 26/05/2018 – China moving ahead with Qualcomm-NXP approval; 13/04/2018 – Qualcomm: NXP Tender Offer Is Now Scheduled to Expire at 5:00 P.M., NYC Time, on April 20; 14/05/2018 – In concession, Trump will help China’s ZTE ‘get back into business’; 02/05/2018 – NXP Semiconductors 1Q Rev $2.269B

Horan Capital Advisors Llc increased its stake in Ingersoll (IR) by 716.14% based on its latest 2018Q1 regulatory filing with the SEC. Horan Capital Advisors Llc bought 24,621 shares as the company’s stock declined 0.93% with the market. The institutional investor held 28,059 shares of the o.e.m. company at the end of 2018Q1, valued at $2.40M, up from 3,438 at the end of the previous reported quarter. Horan Capital Advisors Llc who had been investing in Ingersoll for a number of months, seems to be bullish on the $23.61B market cap company. The stock decreased 0.27% or $0.26 during the last trading session, reaching $96.25. About 939,643 shares traded. Ingersoll-Rand Plc (NYSE:IR) has risen 0.56% since August 12, 2017 and is uptrending. It has underperformed by 12.01% the S&P500. Some Historical IR News: 23/04/2018 – lngersoll-Rand PLC expected to post earnings of 62 cents a share – Earnings Preview; 25/04/2018 – Ingersoll-Rand 1Q Cont Ops EPS 51c; 02/05/2018 – Ingersoll-Rand at Electrical Products Group Conference May 22; 25/04/2018 – Ingersoll-Rand 1Q Adj EPS 70c; 04/04/2018 – Ingersoll Rand Declares Quarterly Dividend; 29/05/2018 – Thermo King “Moves Food” to Increase Food Security; 31/05/2018 – World’s Longest Undersea Tunnel Stays Cool And Reduces Environmental Impact; 25/04/2018 – INGERSOLL-RAND PLC QTRLY ORGANIC REVENUES UP 8 PERCENT; 13/05/2018 – BSE Mumbai Bourse: Results from Ingersoll-Rand India for Apr 01 to Mar 31; 25/04/2018 – INGERSOLL-RAND 1Q ADJ EPS CONT OPS 70C, EST. 62C

Confluence Investment Management Llc, which manages about $2.30 billion and $5.41 billion US Long portfolio, upped its stake in Dowdupont Inc by 664,498 shares to 2.20 million shares, valued at $139.85 million in 2018Q1, according to the filing. It also increased its holding in Exxon Mobil Corp. (NYSE:XOM) by 7,670 shares in the quarter, for a total of 171,371 shares, and has risen its stake in F.

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on October, 24. They expect $1.62 EPS, up 27.56% or $0.35 from last year’s $1.27 per share. NXPI’s profit will be $556.70 million for 15.70 P/E if the $1.62 EPS becomes a reality. After $1.10 actual EPS reported by NXP Semiconductors N.V. for the previous quarter, Wall Street now forecasts 47.27% EPS growth.

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 13 have Buy rating, 1 Sell and 14 Hold. Therefore 46% are positive. NXP Semiconductors NV had 82 analyst reports since August 3, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with “Hold” rating and $11000 target in Monday, July 10 report. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Hold” rating given on Monday, July 10 by Jefferies. The rating was initiated by Summit Redstone Partners on Wednesday, July 20 with “Buy”. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Hold” rating given on Monday, June 11 by SunTrust. The rating was downgraded by Raymond James on Tuesday, April 19 to “Outperform”. The company was initiated on Wednesday, February 3 by Goldman Sachs. The stock has “Hold” rating by Jefferies on Thursday, October 27. The firm earned “Hold” rating on Monday, February 12 by Jefferies. Citigroup initiated NXP Semiconductors N.V. (NASDAQ:NXPI) on Wednesday, December 21 with “Neutral” rating. Stifel Nicolaus maintained the shares of NXPI in report on Friday, September 1 with “Hold” rating.

More notable recent NXP Semiconductors N.V. (NASDAQ:NXPI) news were published by: Nasdaq.com which released: “NXP Semiconductors Should Enjoy a Bright Future Without Qualcomm” on July 24, 2018, also Fool.com with their article: “Qualcomm’s Bid to Buy NXP Semiconductors Falls Through” published on August 06, 2018, Seekingalpha.com published: “NXP -2% ahead of Wednesday’s Qualcomm deal deadline” on July 23, 2018. More interesting news about NXP Semiconductors N.V. (NASDAQ:NXPI) were released by: Seekingalpha.com and their article: “NXP Semiconductors Standalone Fair Value” published on August 03, 2018 as well as Seekingalpha.com‘s news article titled: “NXP Semi +1.6% as Mizuho steps to Buy” with publication date: July 27, 2018.

Among 24 analysts covering Ingersoll-Rand Plc (NYSE:IR), 14 have Buy rating, 0 Sell and 10 Hold. Therefore 58% are positive. Ingersoll-Rand Plc had 81 analyst reports since July 30, 2015 according to SRatingsIntel. J.P. Morgan downgraded the stock to “Hold” rating in Wednesday, September 20 report. The firm earned “Buy” rating on Tuesday, April 3 by Stifel Nicolaus. The stock of Ingersoll-Rand Plc (NYSE:IR) earned “Buy” rating by Goldman Sachs on Friday, December 8. The stock of Ingersoll-Rand Plc (NYSE:IR) earned “Buy” rating by Jefferies on Monday, April 3. The rating was maintained by Susquehanna with “Hold” on Friday, January 12. As per Wednesday, October 28, the company rating was maintained by RBC Capital Markets. The firm has “Neutral” rating by Bank of America given on Monday, July 30. Susquehanna maintained the shares of IR in report on Thursday, February 1 with “Hold” rating. Barclays Capital maintained it with “Overweight” rating and $117 target in Thursday, August 9 report. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Hold”.

Another recent and important Ingersoll-Rand Plc (NYSE:IR) news was published by Seekingalpha.com which published an article titled: “Ingersoll-Rand Plc (IR) Q2 2018 Results – Earnings Call Transcript” on July 25, 2018.

Investors sentiment decreased to 1 in Q1 2018. Its down 0.04, from 1.04 in 2017Q4. It worsened, as 46 investors sold IR shares while 206 reduced holdings. 65 funds opened positions while 187 raised stakes. 191.38 million shares or 1.75% less from 194.79 million shares in 2017Q4 were reported. Alpine Woods Capital Invsts Limited Liability Corporation holds 15,000 shares or 0.07% of its portfolio. John G Ullman Inc has 98,384 shares for 1.63% of their portfolio. Edgestream Prns Ltd Partnership reported 0.24% in Ingersoll-Rand Plc (NYSE:IR). 235,700 are held by Arrowstreet Capital Limited Partnership. 10,004 are held by Amica Mutual Insurance. The Pennsylvania-based Hbk Sorce Advisory Limited Liability has invested 0.03% in Ingersoll-Rand Plc (NYSE:IR). Perigon Wealth Management Lc invested in 106 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 88,977 shares. Lombard Odier Asset Mngmt (Switzerland) Sa reported 0.04% in Ingersoll-Rand Plc (NYSE:IR). Guardian Life Insurance Co Of America has 575 shares. Financial Architects holds 0.01% or 524 shares in its portfolio. Halbert Hargrove Russell Ltd Liability Corp, California-based fund reported 11,601 shares. Flippin Bruce Porter owns 28,426 shares. Gideon Cap Advsrs reported 7,337 shares or 0.39% of all its holdings. Da Davidson And Company stated it has 11,523 shares.

Ingersoll-Rand Plc (NYSE:IR) Ratings Chart

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