NXP Semiconductors beat earnings estimates, spurring increased investment firm holdings.

Several investment firms increased their holdings in NXP Semiconductors, which reported earnings of $2.64 per share, beating estimates by $0.05. The company's market cap is $54.83 billion, with a P/E ratio of 23.64 and a PEG ratio of 2.71. NXP offers various semiconductor products and has seen institutional investors owning 90.54% of its stock. The stock opened at $217.04 on Friday.