Guild Investment Management Inc. Has $1.04 Million Position in NXP Semiconductors (NASDAQ:NXPI)

Guild Investment Management Inc. lowered its position in NXP Semiconductors (NASDAQ:NXPI) by 50.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,319 shares of the semiconductor provider’s stock after selling 4,407 shares during the quarter. NXP Semiconductors makes up about 1.1% of Guild Investment Management Inc.’s investment portfolio, making the stock its 27th largest holding. Guild Investment Management Inc.’s holdings in NXP Semiconductors were worth $1,037,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in NXP Semiconductors by 893.2% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,332,578 shares of the semiconductor provider’s stock valued at $535,747,000 after acquiring an additional 2,097,727 shares during the last quarter. Norden Group LLC bought a new position in shares of NXP Semiconductors in the first quarter valued at about $1,775,000. Congress Asset Management Co. MA increased its position in NXP Semiconductors by 0.8% during the fourth quarter. Congress Asset Management Co. MA now owns 509,420 shares of the semiconductor provider’s stock worth $117,004,000 after acquiring an additional 4,074 shares during the period. Bessemer Group Inc. grew its stake in NXP Semiconductors by 4,525.6% during the first quarter. Bessemer Group Inc. now owns 356,774 shares of the semiconductor provider’s stock worth $88,399,000 after buying an additional 349,061 shares in the last quarter. Finally, M&G Plc acquired a new position in shares of NXP Semiconductors in the 1st quarter valued at approximately $65,830,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Insider Transactions at NXP Semiconductors

In related news, EVP Jennifer Wuamett sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total value of $813,225.00. Following the sale, the executive vice president now directly owns 30,269 shares of the company’s stock, valued at $7,033,002.15. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other NXP Semiconductors news, insider Julie Southern purchased 146 shares of NXP Semiconductors stock in a transaction on Tuesday, July 30th. The shares were acquired at an average cost of $257.54 per share, for a total transaction of $37,600.84. Following the completion of the transaction, the insider now directly owns 11,297 shares of the company’s stock, valued at approximately $2,909,429.38. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Jennifer Wuamett sold 3,500 shares of the stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total transaction of $813,225.00. Following the transaction, the executive vice president now owns 30,269 shares in the company, valued at $7,033,002.15. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.11% of the company’s stock.

NXP Semiconductors Stock Performance

NXPI traded up $3.96 during trading on Friday, hitting $240.13. 266,334 shares of the company traded hands, compared to its average volume of 2,261,813. The firm has a market cap of $61.17 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 2.58 and a beta of 1.49. The stock’s fifty day moving average is $239.83 and its 200 day moving average is $253.23. The company has a quick ratio of 1.52, a current ratio of 2.21 and a debt-to-equity ratio of 1.04. NXP Semiconductors has a one year low of $167.21 and a one year high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Monday, July 22nd. The semiconductor provider reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.82 by $0.38. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.13 billion. NXP Semiconductors had a net margin of 21.21% and a return on equity of 35.65%. The company’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter last year, the business earned $3.04 earnings per share. As a group, equities analysts predict that NXP Semiconductors will post 11.97 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were given a dividend of $1.014 per share. The ex-dividend date was Thursday, September 12th. This represents a $4.06 dividend on an annualized basis and a yield of 1.69%. NXP Semiconductors’s dividend payout ratio is presently 37.94%.

Analysts Set New Price Targets

NXPI has been the subject of several analyst reports. StockNews.com cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd. TD Cowen dropped their price target on shares of NXP Semiconductors from $330.00 to $310.00 and set a “buy” rating on the stock in a research report on Wednesday, July 24th. Citic Securities assumed coverage on shares of NXP Semiconductors in a research report on Friday. They issued a $288.00 price target on the stock. UBS Group upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $275.00 to $285.00 in a research report on Monday. Finally, Stifel Nicolaus boosted their target price on shares of NXP Semiconductors from $240.00 to $275.00 and gave the company a “hold” rating in a research report on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus target price of $291.40.

NXP Semiconductors 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.