As Cubic (CUB) Market Value Declined, Rodgers Brothers Lifted Its Holding by $371,250; Nxp Semiconductors N V (NXPI) Holder Mkp Capital Management Lifted Its Position

January 2, 2018 - By Marie Mckinney

Mkp Capital Management Llc increased its stake in Nxp Semiconductors N V (NXPI) by 96.47% based on its latest 2017Q3 regulatory filing with the SEC. Mkp Capital Management Llc bought 17,750 shares as the company’s stock rose 5.22% with the market. The hedge fund held 36,150 shares of the semiconductors company at the end of 2017Q3, valued at $4.09M, up from 18,400 at the end of the previous reported quarter. Mkp Capital Management Llc who had been investing in Nxp Semiconductors N V for a number of months, seems to be bullish on the $39.83 billion market cap company. The stock increased 0.32% or $0.38 during the last trading session, reaching $117.47. About 663,132 shares traded. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 24.67% since January 2, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.

Rodgers Brothers Inc increased its stake in Cubic Corp (CUB) by 18.63% based on its latest 2017Q3 regulatory filing with the SEC. Rodgers Brothers Inc bought 7,425 shares as the company’s stock declined 14.38% while stock markets rallied. The institutional investor held 47,275 shares of the industrial machinery and components company at the end of 2017Q3, valued at $2.41M, up from 39,850 at the end of the previous reported quarter. Rodgers Brothers Inc who had been investing in Cubic Corp for a number of months, seems to be bullish on the $1.60 billion market cap company. The stock decreased 0.42% or $0.25 during the last trading session, reaching $58.7. About 32,300 shares traded. Cubic Corporation (NYSE:CUB) has risen 14.76% since January 2, 2017 and is uptrending. It has underperformed by 1.94% 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. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, September 6. The stock has “Hold” rating by Jefferies on Monday, September 11. Bank of America downgraded the shares of NXPI in report on Monday, June 27 to “Neutral” rating. The stock has “Buy” rating by Nomura on Monday, April 11. The company was maintained on Friday, October 30 by BMO Capital Markets. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Buy” rating given on Friday, April 29 by Jefferies. The rating was downgraded by Morgan Stanley on Friday, October 28 to “Equal-Weight”. The firm has “Buy” rating given on Tuesday, May 17 by CLSA. On Thursday, November 3 the stock rating was downgraded by Mizuho to “Neutral”. The rating was initiated by Morgan Stanley with “Overweight” on Monday, October 12.

Rodgers Brothers Inc, which manages about $300.54M and $284.22M US Long portfolio, decreased its stake in T Rowe Price Group Inc (NASDAQ:TROW) by 5,003 shares to 2,400 shares, valued at $218,000 in 2017Q3, according to the filing. It also reduced its holding in Diageo Plc (NYSE:DEO) by 5,881 shares in the quarter, leaving it with 21,610 shares, and cut its stake in Southern Co (NYSE:SO).

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