Global Retirement Partners LLC lifted its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 531.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 303 shares of the semiconductor provider’s stock after purchasing an additional 255 shares during the quarter. Global Retirement Partners LLC’s holdings in NXP Semiconductors were worth $39,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of NXPI. Marshall Wace LLP increased its position in shares of NXP Semiconductors by 2,541.5% during the 2nd quarter. Marshall Wace LLP now owns 16,219 shares of the semiconductor provider’s stock valued at $1,583,000 after purchasing an additional 15,605 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of NXP Semiconductors by 42.1% in the 2nd quarter. Victory Capital Management Inc. now owns 12,565 shares of the semiconductor provider’s stock worth $1,226,000 after buying an additional 3,722 shares during the period. Schroder Investment Management Group lifted its stake in shares of NXP Semiconductors by 11.6% during the 2nd quarter. Schroder Investment Management Group now owns 8,929 shares of the semiconductor provider’s stock worth $872,000 after purchasing an additional 929 shares during the last quarter. MAI Capital Management purchased a new stake in shares of NXP Semiconductors during the 2nd quarter worth $233,000. Finally, Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of NXP Semiconductors by 5.9% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,480 shares of the semiconductor provider’s stock worth $1,248,000 after purchasing an additional 693 shares during the last quarter. 89.65% of the stock is owned by hedge funds and other institutional investors.
NXPI has been the topic of several recent analyst reports. Barclays reaffirmed a “buy” rating and set a $150.00 target price on shares of NXP Semiconductors in a research report on Sunday, January 19th. Zacks Investment Research lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Saturday, January 4th. S&P Equity Research upped their target price on NXP Semiconductors from $145.00 to $155.00 in a research report on Friday, January 10th. They noted that the move was a valuation call. Jefferies Financial Group upped their target price on NXP Semiconductors from $119.00 to $127.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Finally, Mizuho raised NXP Semiconductors from a “neutral” rating to a “buy” rating and upped their target price for the company from $108.00 to $130.00 in a research report on Tuesday, November 5th. Four investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $132.89.
In related news, EVP Stephen Owen sold 8,294 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $122.00, for a total transaction of $1,011,868.00. Following the sale, the executive vice president now directly owns 1,883 shares of the company’s stock, valued at $229,726. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Keith M. Shull sold 21,085 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $119.35, for a total value of $2,516,494.75. Following the sale, the executive vice president now directly owns 15,092 shares in the company, valued at $1,801,230.20. The disclosure for this sale can be found here. Insiders sold 35,416 shares of company stock worth $4,245,127 over the last three months.
Shares of NXPI stock opened at $135.28 on Monday. The stock’s 50-day simple moving average is $127.97 and its 200-day simple moving average is $112.18. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.54 and a current ratio of 1.90. The firm has a market capitalization of $38.13 billion, a PE ratio of 97.32, a P/E/G ratio of 1.52 and a beta of 1.24. NXP Semiconductors NV has a fifty-two week low of $82.61 and a fifty-two week high of $137.92.
NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Monday, October 28th. The semiconductor provider reported $2.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.57. The business had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.24 billion. NXP Semiconductors had a return on equity of 23.37% and a net margin of 4.51%. Sell-side analysts forecast that NXP Semiconductors NV will post 6.4 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 6th. Stockholders of record on Monday, December 16th were issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date was Friday, December 13th. NXP Semiconductors’s dividend payout ratio is presently 25.25%.
About NXP Semiconductors
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.
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