We Are One Seven LLC lessened its holdings in NXP Semiconductors NV (NASDAQ:NXPI) by 4.3% in the third quarter, HoldingsChannel reports. The fund owned 2,776 shares of the semiconductor provider’s stock after selling 125 shares during the period. We Are One Seven LLC’s holdings in NXP Semiconductors were worth $303,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Nisa Investment Advisors LLC boosted its position in shares of NXP Semiconductors by 20.7% in the second quarter. Nisa Investment Advisors LLC now owns 55,480 shares of the semiconductor provider’s stock valued at $5,415,000 after acquiring an additional 9,500 shares during the period. CWM Advisors LLC boosted its position in shares of NXP Semiconductors by 2.5% in the second quarter. CWM Advisors LLC now owns 5,582 shares of the semiconductor provider’s stock valued at $545,000 after acquiring an additional 135 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in shares of NXP Semiconductors by 10.6% in the second quarter. Nomura Asset Management Co. Ltd. now owns 76,599 shares of the semiconductor provider’s stock valued at $7,477,000 after acquiring an additional 7,340 shares during the period. KBC Group NV boosted its position in shares of NXP Semiconductors by 38.9% in the second quarter. KBC Group NV now owns 486,341 shares of the semiconductor provider’s stock valued at $47,472,000 after acquiring an additional 136,294 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in shares of NXP Semiconductors by 154.6% in the first quarter. Rockefeller Capital Management L.P. now owns 1,403 shares of the semiconductor provider’s stock valued at $124,000 after acquiring an additional 852 shares during the period. 74.81% of the stock is owned by institutional investors.
A number of brokerages have recently issued reports on NXPI. Sanford C. Bernstein set a $125.00 target price on shares of NXP Semiconductors and gave the company a “buy” rating in a research report on Wednesday, September 18th. Stifel Nicolaus reduced their target price on shares of NXP Semiconductors from $105.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, August 29th. Loop Capital set a $130.00 target price on shares of NXP Semiconductors and gave the company a “buy” rating in a research report on Thursday, September 26th. Morgan Stanley boosted their target price on shares of NXP Semiconductors from $114.00 to $115.00 and gave the company an “overweight” rating in a research report on Wednesday, July 31st. Finally, ValuEngine raised shares of NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $106.90.
NXPI opened at $110.76 on Friday. NXP Semiconductors NV has a twelve month low of $67.62 and a twelve month high of $113.50. The company has a 50-day simple moving average of $105.55 and a 200 day simple moving average of $99.44. The company has a quick ratio of 1.44, a current ratio of 1.82 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $34.83 billion, a price-to-earnings ratio of 13.98, a P/E/G ratio of 1.34 and a beta of 1.25.
NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Tuesday, July 30th. The semiconductor provider reported $2.00 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.48 by $0.52. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.20 billion. NXP Semiconductors had a net margin of 23.10% and a return on equity of 22.22%. Sell-side analysts anticipate that NXP Semiconductors NV will post 6.34 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Monday, September 16th were issued a $0.375 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.35%. This is a boost from NXP Semiconductors’s previous quarterly dividend of $0.25. NXP Semiconductors’s dividend payout ratio is 25.25%.
In other news, EVP Keith M. Shull sold 4,196 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $108.14, for a total value of $453,755.44. Following the completion of the transaction, the executive vice president now owns 9,587 shares of the company’s stock, valued at $1,036,738.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Keith M. Shull sold 4,569 shares of the stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $105.53, for a total transaction of $482,166.57. Following the completion of the transaction, the executive vice president now directly owns 13,783 shares of the company’s stock, valued at approximately $1,454,519.99. The disclosure for this sale can be found here. Insiders sold 18,765 shares of company stock valued at $1,919,522 in the last three months.
About NXP Semiconductors
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; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.
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