Vanguard Group Inc trimmed its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 1.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,504,395 shares of the semiconductor provider’s stock after selling 26,078 shares during the quarter. Vanguard Group Inc owned 0.44% of NXP Semiconductors worth $128,626,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Patten Group Inc. lifted its holdings in shares of NXP Semiconductors by 490.0% during the third quarter. Patten Group Inc. now owns 1,180 shares of the semiconductor provider’s stock valued at $101,000 after purchasing an additional 980 shares in the last quarter. First Quadrant L P CA bought a new position in shares of NXP Semiconductors during the third quarter valued at $108,000. FTB Advisors Inc. bought a new position in shares of NXP Semiconductors during the third quarter valued at $111,000. Signaturefd LLC lifted its holdings in shares of 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. Finally, Willingdon Wealth Management bought a new position in shares of NXP Semiconductors during the third quarter valued at $121,000. 75.41% of the stock is currently owned by institutional investors and hedge funds.

Shares of NXPI opened at $79.48 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.22 and a quick ratio of 0.87. The stock has a market capitalization of $27.47 billion, a price-to-earnings ratio of 11.07, a P/E/G ratio of 0.89 and a beta of 0.98. NXP Semiconductors NV has a 52 week low of $67.62 and a 52 week high of $125.93.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Wednesday, October 31st. The semiconductor provider reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.13. The business had revenue of $2.45 billion during the quarter, compared to analysts’ expectations of $2.43 billion. NXP Semiconductors had a return on equity of 18.08% and a net margin of 28.38%. As a group, research analysts anticipate that NXP Semiconductors NV will post 6.14 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, January 7th. Shareholders of record on Friday, December 14th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date was Thursday, December 13th. NXP Semiconductors’s payout ratio is 13.93%.

NXPI has been the topic of a number of research analyst reports. Credit Suisse Group reaffirmed a “buy” rating and set a $125.00 price target on shares of NXP Semiconductors in a report on Monday, December 3rd. SunTrust Banks upped their price target on NXP Semiconductors to $99.00 and gave the company a “buy” rating in a report on Friday, November 2nd. They noted that the move was a valuation call. Bank of America upgraded NXP Semiconductors from a “neutral” rating to a “buy” rating and upped their price objective for the company from $110.00 to $120.00 in a research report on Monday, September 17th. Needham & Company LLC reduced their price objective on NXP Semiconductors to $100.00 and set a “buy” rating for the company in a research report on Friday, October 26th. Finally, Goldman Sachs Group upgraded NXP Semiconductors from a “neutral” rating to a “buy” rating in a research report on Thursday, October 18th. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $100.03.

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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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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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