NXP Semiconductors (NASDAQ:NXPI) Holdings Decreased by Tlwm

Tlwm lessened its stake in NXP Semiconductors (NASDAQ:NXPI) by 2.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,929 shares of the semiconductor provider’s stock after selling 102 shares during the period. Tlwm’s holdings in NXP Semiconductors were worth $973,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. raised its holdings in NXP Semiconductors by 46.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 89,297 shares of the semiconductor provider’s stock worth $20,510,000 after purchasing an additional 28,518 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of NXP Semiconductors by 29.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 125,594 shares of the semiconductor provider’s stock valued at $28,846,000 after buying an additional 28,758 shares during the period. Principal Financial Group Inc. boosted its stake in NXP Semiconductors by 1.0% during the fourth quarter. Principal Financial Group Inc. now owns 330,144 shares of the semiconductor provider’s stock valued at $75,827,000 after buying an additional 3,262 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in NXP Semiconductors by 27.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 4,788 shares of the semiconductor provider’s stock valued at $1,100,000 after buying an additional 1,019 shares in the last quarter. Finally, Handelsbanken Fonder AB grew its holdings in NXP Semiconductors by 33.4% during the fourth quarter. Handelsbanken Fonder AB now owns 136,364 shares of the semiconductor provider’s stock worth $31,320,000 after acquiring an additional 34,131 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NXP Semiconductors stock traded down $3.16 on Thursday, reaching $265.01. 1,489,080 shares of the stock were exchanged, compared to its average volume of 2,199,386. The stock has a market cap of $67.76 billion, a PE ratio of 24.47, a PEG ratio of 2.52 and a beta of 1.50. The firm has a fifty day moving average price of $262.91 and a two-hundred day moving average price of $242.57. NXP Semiconductors has a twelve month low of $167.21 and a twelve month high of $286.87. The company has a current ratio of 2.35, a quick ratio of 1.64 and a debt-to-equity ratio of 1.11.

NXP Semiconductors (NASDAQ:NXPI) last released its earnings results on Monday, April 29th. The semiconductor provider reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.07. NXP Semiconductors had a return on equity of 37.65% and a net margin of 21.24%. The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.13 billion. Sell-side analysts anticipate that NXP Semiconductors will post 12.47 EPS for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 10th. Stockholders of record on Thursday, June 13th will be given a dividend of $1.014 per share. The ex-dividend date is Thursday, June 13th. This represents a $4.06 annualized dividend and a dividend yield of 1.53%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 37.49%.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, CEO Kurt Sievers sold 8,548 shares of NXP Semiconductors stock in a transaction on Monday, June 10th. The stock was sold at an average price of $275.75, for a total value of $2,357,111.00. Following the completion of the transaction, the chief executive officer now owns 177,889 shares in the company, valued at approximately $49,052,891.75. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.11% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NXPI. Argus raised their price objective on shares of NXP Semiconductors from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. The Goldman Sachs Group lifted their price target on shares of NXP Semiconductors from $240.00 to $275.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. Wells Fargo & Company upped their price target on NXP Semiconductors from $285.00 to $305.00 and gave the company an “overweight” rating in a report on Wednesday, May 22nd. UBS Group raised their target price on NXP Semiconductors from $230.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. Finally, TD Cowen increased their price objective on NXP Semiconductors from $270.00 to $300.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 12th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average target price of $267.80.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.