Sabby Management Raised Versartis (VSAR) Stake by $571,600; Adage Capital Partners Gp Decreased Its Nxp Semiconductors N V (NXPI) Stake by $1.60 Million; Stock Price Rose

April 16, 2018 - By Vivian Park

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

Hal Mintz increased its stake in Versartis Inc (VSAR) by 40.41% based on its latest 2017Q4 regulatory filing with the SEC. Sabby Management Llc bought 285,800 shares as the company’s stock declined 21.95% with the market. The hedge fund run by Hal Mintz held 993,100 shares of the health care company at the end of 2017Q4, valued at $2.19M, up from 707,300 at the end of the previous reported quarter. Sabby Management Llc who had been investing in Versartis Inc for a number of months, seems to be bullish on the $59.52 million market cap company. The stock increased 1.54% or $0.025 during the last trading session, reaching $1.65. About 214,688 shares traded. Versartis, Inc. (NASDAQ:VSAR) has declined 92.45% since April 16, 2017 and is downtrending. It has underperformed by 104.00% the S&P500.

Phill Gross decreased its stake in Nxp Semiconductors N V (NXPI) by 0.87% based on its latest 2017Q4 regulatory filing with the SEC. Adage Capital Partners Gp Llc sold 13,665 shares as the company’s stock rose 4.13% while stock markets declined. The hedge fund run by Phill Gross held 1.55 million shares of the semiconductors company at the end of 2017Q4, valued at $181.49 million, down from 1.56M at the end of the previous reported quarter. Adage Capital Partners Gp Llc who had been investing in Nxp Semiconductors N V for a number of months, seems to be less bullish one the $38.78B market cap company. The stock decreased 0.51% or $0.58 during the last trading session, reaching $112.86. About 1.84M shares traded. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 17.73% since April 16, 2017 and is uptrending. It has outperformed by 6.18% the S&P500.

Adage Capital Partners Gp Llc, which manages about $44.22B US Long portfolio, upped its stake in Invacare Corp (NYSE:IVC) by 368,641 shares to 1.17 million shares, valued at $19.69M in 2017Q4, according to the filing. It also increased its holding in Potash Corp Sask Inc (NYSE:POT) by 1.70M shares in the quarter, for a total of 4.71M shares, and has risen its stake in Incyte Corp (NASDAQ:INCY).

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 66 analyst reports since August 3, 2015 according to SRatingsIntel. Jefferies maintained NXP Semiconductors N.V. (NASDAQ:NXPI) rating on Monday, September 11. Jefferies has “Hold” rating and $110.0 target. The company was initiated on Wednesday, December 21 by Citigroup. Oppenheimer maintained the stock with “Hold” rating in Wednesday, February 7 report. As per Friday, November 3, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Wednesday, September 9 by Sterne Agee CRT. On Wednesday, September 6 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The firm earned “Neutral” rating on Monday, June 27 by Bank of America. Mizuho maintained NXP Semiconductors N.V. (NASDAQ:NXPI) rating on Thursday, October 27. Mizuho has “Buy” rating and $110 target. The stock has “Hold” rating by Jefferies on Wednesday, October 18. Morgan Stanley downgraded NXP Semiconductors N.V. (NASDAQ:NXPI) on Friday, October 28 to “Equal-Weight” rating.

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on May, 2. They expect $1.48 EPS, down 8.64% or $0.14 from last year’s $1.62 per share. NXPI’s profit will be $508.60M for 19.06 P/E if the $1.48 EPS becomes a reality. After $3.06 actual EPS reported by NXP Semiconductors N.V. for the previous quarter, Wall Street now forecasts -51.63% negative EPS growth.

Since October 19, 2017, it had 0 insider purchases, and 5 sales for $18,046 activity. Another trade for 1,326 shares valued at $3,381 was made by Brumm Joshua T on Thursday, October 19. Woody Tracy M sold $7,604 worth of stock or 4,345 shares. Ward Shane had sold 776 shares worth $1,979. The insider Westberg Paul sold $3,381.

Investors sentiment decreased to 0.51 in 2017 Q4. Its down 0.78, from 1.29 in 2017Q3. It dived, as 30 investors sold VSAR shares while 33 reduced holdings. 16 funds opened positions while 16 raised stakes. 17.05 million shares or 1.12% more from 16.86 million shares in 2017Q3 were reported. Ameritas holds 0% of its portfolio in Versartis, Inc. (NASDAQ:VSAR) for 2,862 shares. Citigroup, New York-based fund reported 3,526 shares. State Board Of Administration Of Florida Retirement Sys owns 12,169 shares. Geode Management Ltd Liability Corporation stated it has 260,944 shares. Moreover, Millennium Mgmt Limited Liability Corp has 0% invested in Versartis, Inc. (NASDAQ:VSAR). Perceptive Advsr Limited Liability Corp accumulated 0.11% or 1.49M shares. Dimensional Fund Lp has invested 0% in Versartis, Inc. (NASDAQ:VSAR). 8,100 were accumulated by Legal & General Grp Public Ltd Com. Int Group Inc has 22,225 shares for 0% of their portfolio. 46,865 were reported by Parametric Portfolio Assoc Limited Liability Company. The Illinois-based Northern Corp has invested 0% in Versartis, Inc. (NASDAQ:VSAR). Paloma Prns Com has 0% invested in Versartis, Inc. (NASDAQ:VSAR). Susquehanna Int Grp Ltd Liability Partnership owns 0% invested in Versartis, Inc. (NASDAQ:VSAR) for 152,946 shares. Virtu Financial Limited Liability has invested 0.02% of its portfolio in Versartis, Inc. (NASDAQ:VSAR). Royal Bank & Trust Of Canada holds 105 shares.

Versartis, Inc. (NASDAQ:VSAR) Institutional Positions Chart

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