NXP Semiconductors N.V. $NXPI Stake Boosted by Stephens Inc. AR

Stephens Inc. AR grew its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 6.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 69,168 shares of the semiconductor provider’s stock after purchasing an additional 4,161 shares during the period. Stephens Inc. AR’s holdings in NXP Semiconductors were worth $15,752,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of NXPI. Brighton Jones LLC boosted its holdings in shares of NXP Semiconductors by 20.6% during the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider’s stock valued at $265,000 after acquiring an additional 218 shares during the period. NewEdge Advisors LLC grew its position in NXP Semiconductors by 3.4% in the 1st quarter. NewEdge Advisors LLC now owns 7,021 shares of the semiconductor provider’s stock valued at $1,334,000 after buying an additional 234 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of NXP Semiconductors by 15.4% during the second quarter. Parallel Advisors LLC now owns 2,183 shares of the semiconductor provider’s stock valued at $477,000 after acquiring an additional 292 shares during the period. Canandaigua National Bank & Trust Co. lifted its position in NXP Semiconductors by 32.4% in the second quarter. Canandaigua National Bank & Trust Co. now owns 5,174 shares of the semiconductor provider’s stock worth $1,130,000 after purchasing an additional 1,266 shares during the period. Finally, Czech National Bank increased its position in shares of NXP Semiconductors by 5.8% during the 2nd quarter. Czech National Bank now owns 61,751 shares of the semiconductor provider’s stock valued at $13,492,000 after purchasing an additional 3,376 shares during the period. 90.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on NXPI shares. Cantor Fitzgerald reissued an “overweight” rating and set a $280.00 target price on shares of NXP Semiconductors in a research note on Tuesday, October 28th. Arete boosted their target price on shares of NXP Semiconductors from $273.90 to $324.40 and gave the stock a “buy” rating in a research report on Monday, December 8th. Arete Research lifted their price objective on NXP Semiconductors from $273.90 to $324.40 and gave the stock a “buy” rating in a report on Monday, December 8th. Truist Financial increased their target price on shares of NXP Semiconductors from $254.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Finally, Stifel Nicolaus set a $215.00 price objective on NXP Semiconductors in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average price target of $260.62.

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $239.09 on Wednesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.37 and a quick ratio of 1.69. The firm has a market cap of $60.17 billion, a PE ratio of 29.59, a price-to-earnings-growth ratio of 3.00 and a beta of 1.46. The stock’s fifty day moving average price is $216.17 and its two-hundred day moving average price is $220.59. NXP Semiconductors N.V. has a one year low of $148.09 and a one year high of $255.45.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Tuesday, October 28th. The semiconductor provider reported $3.11 EPS for the quarter, missing the consensus estimate of $3.12 by ($0.01). The firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.15 billion. NXP Semiconductors had a net margin of 17.11% and a return on equity of 26.92%. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.45 earnings per share. As a group, research analysts expect that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 10th were issued a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $4.06 annualized dividend and a yield of 1.7%. NXP Semiconductors’s payout ratio is presently 50.12%.

Insider Buying and Selling at NXP Semiconductors

In related news, EVP Jennifer Wuamett sold 12,425 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $220.94, for a total value of $2,745,179.50. Following the sale, the executive vice president directly owned 11,811 shares in the company, valued at $2,609,522.34. This represents a 51.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Julie Southern purchased 225 shares of the stock in a transaction on Wednesday, December 3rd. The shares were purchased at an average price of $225.48 per share, with a total value of $50,733.00. Following the acquisition, the insider owned 11,937 shares in the company, valued at approximately $2,691,554.76. The trade was a 1.92% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have sold 23,097 shares of company stock worth $5,003,058. Insiders own 0.12% of the company’s stock.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.