As Edwards Lifesciences (EW) Stock Rose, Holder Mariner Wealth Advisors Increased Holding; Westchester Capital Management Has Decreased Its Stake in Nxp Semiconductors Nv (NXPI) as Share Value Rose

January 14, 2018 - By Peter Erickson

Westchester Capital Management Llc decreased its stake in Nxp Semiconductors Nv (NXPI) by 14.74% based on its latest 2017Q3 regulatory filing with the SEC. Westchester Capital Management Llc sold 316,228 shares as the company’s stock rose 5.22% with the market. The institutional investor held 1.83M shares of the semiconductors company at the end of 2017Q3, valued at $206.94M, down from 2.15 million at the end of the previous reported quarter. Westchester Capital Management Llc who had been investing in Nxp Semiconductors Nv 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.

Mariner Wealth Advisors Llc increased its stake in Edwards Lifesciences Corp (EW) by 89.14% based on its latest 2017Q3 regulatory filing with the SEC. Mariner Wealth Advisors Llc bought 5,498 shares as the company’s stock rose 25.80% with the market. The institutional investor held 11,666 shares of the industrial specialties company at the end of 2017Q3, valued at $1.28M, up from 6,168 at the end of the previous reported quarter. Mariner Wealth Advisors Llc who had been investing in Edwards Lifesciences Corp for a number of months, seems to be bullish on the $25.57B market cap company. The stock increased 0.70% or $0.84 during the last trading session, reaching $120.83. About 1.03 million shares traded. Edwards Lifesciences Corporation (NYSE:EW) has risen 15.41% since January 14, 2017 and is uptrending. It has underperformed by 1.29% the S&P500.

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. Canaccord Genuity maintained NXP Semiconductors N.V. (NASDAQ:NXPI) on Friday, August 25 with “Hold” rating. CLSA initiated the stock with “Buy” rating in Tuesday, May 17 report. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Hold” rating given on Monday, June 19 by Deutsche Bank. The company was maintained on Wednesday, September 6 by KeyBanc Capital Markets. Suntrust Robinson downgraded the stock to “Hold” rating in Friday, October 28 report. Robert W. Baird maintained the shares of NXPI in report on Thursday, October 26 with “Hold” rating. As per Friday, October 28, the company rating was downgraded by Robert W. Baird. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Buy” rating given on Thursday, September 7 by Needham. The firm has “Buy” rating given on Tuesday, September 1 by SunTrust. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Neutral” rating given on Wednesday, December 21 by Citigroup.

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

Westchester Capital Management Llc, which manages about $5.44 billion and $3.17B US Long portfolio, upped its stake in Johnson Controls International Plc by 73,207 shares to 190,207 shares, valued at $7.66 million in 2017Q3, according to the filing. It also increased its holding in Cbs Corporation (Put) (NYSE:CBS) by 144,200 shares in the quarter, for a total of 269,700 shares, and has risen its stake in Spdr S&P 500 Etf Tr (Call) (SPY).

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