NXP Semiconductors N.V. (NASDAQ:NXPI) Shares Bought by National Pension Service

National Pension Service grew its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 7.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 764,761 shares of the semiconductor provider’s stock after buying an additional 55,105 shares during the period. National Pension Service owned 0.30% of NXP Semiconductors worth $145,350,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC boosted its position in NXP Semiconductors by 20.6% in the 4th quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider’s stock valued at $265,000 after buying an additional 218 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of NXP Semiconductors by 5.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 15,155 shares of the semiconductor provider’s stock valued at $3,157,000 after purchasing an additional 811 shares in the last quarter. Advisors Capital Management LLC raised its stake in NXP Semiconductors by 5.1% during the fourth quarter. Advisors Capital Management LLC now owns 2,594 shares of the semiconductor provider’s stock worth $539,000 after acquiring an additional 127 shares during the period. Mariner LLC raised its stake in NXP Semiconductors by 5.8% during the fourth quarter. Mariner LLC now owns 30,534 shares of the semiconductor provider’s stock worth $6,347,000 after acquiring an additional 1,661 shares during the period. Finally, CreativeOne Wealth LLC raised its stake in NXP Semiconductors by 137.0% during the fourth quarter. CreativeOne Wealth LLC now owns 2,086 shares of the semiconductor provider’s stock worth $434,000 after acquiring an additional 1,206 shares during the period. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Stock Up 4.8%

NXP Semiconductors stock opened at $230.52 on Thursday. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99. NXP Semiconductors N.V. has a 12-month low of $148.09 and a 12-month high of $259.74. The firm’s fifty day moving average is $219.26 and its 200 day moving average is $206.74. The company has a market capitalization of $58.12 billion, a PE ratio of 27.48, a PEG ratio of 2.49 and a beta of 1.41.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.06. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The firm had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the prior year, the business posted $3.20 EPS. The business’s revenue was down 6.4% compared to the same quarter last year. As a group, sell-side analysts predict that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th were issued a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, June 25th. This represents a $4.06 annualized dividend and a yield of 1.8%. NXP Semiconductors’s dividend payout ratio is 48.39%.

Insider Activity

In other NXP Semiconductors news, CFO William Betz sold 6,785 shares of the company’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $227.34, for a total transaction of $1,542,501.90. Following the sale, the chief financial officer directly owned 1,520 shares of the company’s stock, valued at $345,556.80. This represents a 81.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Jennifer Wuamett sold 9,132 shares of the stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the completion of the sale, the executive vice president directly owned 27,088 shares in the company, valued at approximately $6,230,240. The trade was a 25.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.12% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. TD Cowen raised their price target on shares of NXP Semiconductors from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th. Evercore ISI restated an “outperform” rating and set a $289.00 target price (up from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. KGI Securities raised shares of NXP Semiconductors to a “strong-buy” rating in a research note on Wednesday, July 23rd. KeyCorp lifted their target price on shares of NXP Semiconductors from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, July 8th. Finally, Susquehanna raised their price target on shares of NXP Semiconductors from $195.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Four research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $256.05.

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.