As Range Res (RRC) Market Valuation Declined, Holder Quaker Capital Investments Increased Its Stake; Nxp Semiconductors Nv (NXPI) Holder Havens Advisors Lowered Stake

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

Havens Advisors Llc decreased its stake in Nxp Semiconductors Nv (NXPI) by 4.67% based on its latest 2018Q2 regulatory filing with the SEC. Havens Advisors Llc sold 6,200 shares as the company’s stock declined 20.32% while stock markets rallied. The hedge fund held 126,700 shares of the semiconductors company at the end of 2018Q2, valued at $13.85M, down from 132,900 at the end of the previous reported quarter. Havens Advisors Llc who had been investing in Nxp Semiconductors Nv for a number of months, seems to be less bullish one the $25.32 billion market cap company. The stock increased 2.76% or $2.3 during the last trading session, reaching $85.67. About 461 shares traded. NXP Semiconductors N.V. (NASDAQ:NXPI) has declined 21.26% since December 4, 2017 and is downtrending. It has underperformed by 36.88% the S&P500. Some Historical NXPI News: 12/03/2018 – TRUMP ISSUES ORDER SAYING BROADCOM’S PROPOSED TAKEOVER OF QUALCOMM IS PROHIBITED; 16/04/2018 – Report on Business: Qualcomm to refile China antitrust application for $44-billion NXP takeover; 25/04/2018 – QUALCOMM – MAKING GOOD PROGRESS ON EXECUTING $1 BILLION COST PLAN, ARE FOCUSED ON CLOSING PENDING ACQUISITION OF NXP; 06/04/2018 – Could China Scuttle Qualcomm’s $44 Billion NXP Deal? — Heard on the Street; 03/05/2018 – Pain Spreads Among Hedge Fund Favorites as Adient to NXP Tumble; 14/05/2018 – CHINA IS SAID TO HAVE RESUMED REVIEW OF QUALCOMM’S NXP DEAL; 26/05/2018 – China Set to Approve Qualcomm Purchase of NXP Semiconductors; 19/04/2018 – QUALCOMM INC – ANNOUNCED RENEWED CLEARANCE FROM FEDERAL TRADE COMMISSION UNDER HART-SCOTT-RODINO (HSR) ANTITRUST IMPROVEMENTS ACT OF 1976; 02/05/2018 – NXP SEMI 1Q EPS 17C; 12/04/2018 – QUALCOMM QCOM.O : CITIGROUP SAYS ASSUMING COST SYNERGIES OF $500 MLN, NXP ACQUISITION COULD EVENTUALLY DRIVE EPS ACCRETION OF ROUGHLY 44% OR $1.52

Quaker Capital Investments Llc increased its stake in Range Res Corp (RRC) by 595.26% based on its latest 2018Q2 regulatory filing with the SEC. Quaker Capital Investments Llc bought 1.49 million shares as the company’s stock declined 7.10% while stock markets rallied. The institutional investor held 1.74M shares of the oil & gas production company at the end of 2018Q2, valued at $29.16M, up from 250,700 at the end of the previous reported quarter. Quaker Capital Investments Llc who had been investing in Range Res Corp for a number of months, seems to be bullish on the $3.63 billion market cap company. The stock increased 1.92% or $0.28 during the last trading session, reaching $14.83. About 7.27M shares traded or 2.76% up from the average. Range Resources Corporation (NYSE:RRC) has declined 13.84% since December 4, 2017 and is downtrending. It has underperformed by 29.46% the S&P500. Some Historical RRC News: 16/04/2018 – RANGE – CREDIT AGREEMENT IS A REVOLVING CREDIT FACILITY OF $4 BLN, A BORROWING BASE OF $3.0 BLN, TOTAL LENDER COMMITMENTS OF $2.0 BLN; 14/05/2018 – Range Resources Presenting at Conference Tomorrow; 10/05/2018 – STELLIAM INVESTMENT – ALSO INDICATED INTENTION TO VOTE AGAINST ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION IN LETTER TO DIRECTOR OF RANGE’S BOARD; 27/04/2018 – RRC of Texas: RRC Enforcement Actions Taken at Commissioners’ April 24 Conference; 10/05/2018 – Stelliam Investment Management Plans to Vote Agaisnt Range Resources Nominees; 25/04/2018 – RANGE RESOURCES 1Q ADJ EPS 46C, EST. 44C; 16/04/2018 – Range Announces Credit Facility Renewal and Extension; 26/04/2018 – RRC of Texas: RRC Announces Update to Completions Query; 09/03/2018 – Range Resources Closes Above 50-Day Moving Average: Technicals; 16/04/2018 – Range Resources: Maintains Borrowing Base of $3B With $2B in Commitments

Havens Advisors Llc, which manages about $239.11 million and $153.15 million US Long portfolio, upped its stake in Akorn Inc (NASDAQ:AKRX) by 71,987 shares to 239,987 shares, valued at $3.98M in 2018Q2, according to the filing. It also increased its holding in U S G Corp (NYSE:USG) by 29,276 shares in the quarter, for a total of 42,576 shares, and has risen its stake in Stewart Information Svcs Corp (NYSE:STC).

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on February, 6. They expect $1.77 earnings per share, down 42.16% or $1.29 from last year’s $3.06 per share. NXPI’s profit will be $523.05 million for 12.10 P/E if the $1.77 EPS becomes a reality. After $1.81 actual earnings per share reported by NXP Semiconductors N.V. for the previous quarter, Wall Street now forecasts -2.21% negative EPS growth.

Among 30 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 17 have Buy rating, 2 Sell and 11 Hold. Therefore 57% are positive. NXP Semiconductors NV had 91 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was upgraded by Jefferies on Friday, July 27 to “Buy”. The firm earned “Hold” rating on Wednesday, October 11 by SunTrust. Stifel Nicolaus maintained the shares of NXPI in report on Friday, May 4 with “Hold” rating. The company was maintained on Thursday, October 27 by Mizuho. Bernstein maintained the shares of NXPI in report on Thursday, May 3 with “Hold” rating. The company was maintained on Friday, August 25 by Canaccord Genuity. On Thursday, October 18 the stock rating was upgraded by Goldman Sachs to “Buy”. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Neutral” rating given on Friday, July 27 by Bank of America. The rating was downgraded by Raymond James on Tuesday, April 19 to “Outperform”. As per Friday, October 30, the company rating was maintained by BMO Capital Markets.

More notable recent NXP Semiconductors N.V. (NASDAQ:NXPI) news were published by: Benzinga.com which released: “NXP Semiconductors’ Standalone Value Is $119, SunTrust Says In Downgrade (NASDAQ:NXPI) – Benzinga” on June 11, 2018, also Globenewswire.com with their article: “NXP Semiconductors Reports Third Quarter 2018 Results Nasdaq:NXPI – GlobeNewswire” published on October 31, 2018, Seekingalpha.com published: “What If Qualcomm Walks? – Seeking Alpha” on July 20, 2018. More interesting news about NXP Semiconductors N.V. (NASDAQ:NXPI) were released by: Nasdaq.com and their article: “NXP Opens Electronica 2018 with Solutions for Machine Learning at the Edge for Industry 4.0 Applications – Nasdaq” published on November 07, 2018 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 12/03/2018: ATHM,NOK,IQ,QCOM – Nasdaq” with publication date: December 03, 2018.

Since July 9, 2018, it had 1 buying transaction, and 2 selling transactions for $213,737 activity. SailingStone Capital Partners LLC bought $7,197 worth of stock or 483 shares. Poole David P also sold $67,161 worth of Range Resources Corporation (NYSE:RRC) on Monday, July 9.

More recent Range Resources Corporation (NYSE:RRC) news were published by: Fool.com which released: “Why Chesapeake Energy Corporation Stock Plunged 23% in October – Motley Fool” on November 05, 2018. Also Bizjournals.com published the news titled: “Praetorian Energy Solutions aims to provide key natural gas field services – Pittsburgh Business Times – Pittsburgh Business Times” on November 05, 2018. Benzinga.com‘s news article titled: “33 Stocks Moving In Wednesday’s Pre-Market Session – Benzinga” with publication date: November 14, 2018 was also an interesting one.

Range Resources Corporation (NYSE:RRC) Institutional Positions Chart

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