NXP Semiconductors NV (NASDAQ:NXPI) saw a significant increase in short interest during the month of September. As of September 14th, there was short interest totalling 15,821,207 shares, an increase of 29.4% from the August 31st total of 12,224,182 shares. Approximately 4.6% of the shares of the company are sold short. Based on an average daily trading volume, of 10,156,662 shares, the days-to-cover ratio is presently 1.6 days.

Shares of NASDAQ:NXPI opened at $85.29 on Thursday. The company has a current ratio of 2.98, a quick ratio of 2.26 and a debt-to-equity ratio of 0.39. NXP Semiconductors has a 1-year low of $84.35 and a 1-year high of $125.93. The company has a market cap of $31.30 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 0.75 and a beta of 0.82.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Thursday, July 26th. The semiconductor provider reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.43 by ($0.33). NXP Semiconductors had a net margin of 10.35% and a return on equity of 16.24%. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.36 billion. equities research analysts predict that NXP Semiconductors will post 6.04 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 5th. Shareholders of record on Tuesday, September 25th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Monday, September 24th. NXP Semiconductors’s dividend payout ratio is currently 11.84%.

A number of equities analysts recently issued reports on NXPI shares. ValuEngine downgraded shares of NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Wednesday, July 4th. Bank of America raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $110.00 to $120.00 in a report on Monday, September 17th. Credit Suisse Group started coverage on shares of NXP Semiconductors in a report on Friday, September 7th. They issued an “outperform” rating and a $125.00 price objective on the stock. Cowen raised their price objective on shares of NXP Semiconductors from $111.00 to $114.00 and gave the stock an “outperform” rating in a report on Thursday, September 13th. Finally, BidaskClub downgraded shares of NXP Semiconductors from a “sell” rating to a “strong sell” rating in a report on Saturday, July 7th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $110.94.

Large investors have recently modified their holdings of the business. Signaturefd LLC lifted its holdings in NXP Semiconductors by 299.2% during the second quarter. Signaturefd LLC now owns 1,062 shares of the semiconductor provider’s stock valued at $116,000 after purchasing an additional 796 shares in the last quarter. Princeton Capital Management LLC purchased a new position in NXP Semiconductors during the second quarter valued at approximately $127,000. Quantitative Systematic Strategies LLC purchased a new position in NXP Semiconductors during the second quarter valued at approximately $207,000. Qube Research & Technologies Ltd purchased a new position in NXP Semiconductors during the second quarter valued at approximately $208,000. Finally, Point72 Asia Hong Kong Ltd purchased a new position in NXP Semiconductors during the first quarter valued at approximately $223,000. 83.49% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Company Profile

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; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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