First Bank & Trust Raises Holdings in NXP Semiconductors NV (NXPI)

First Bank & Trust grew its position in NXP Semiconductors NV (NASDAQ:NXPI) by 25.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,578 shares of the semiconductor provider’s stock after purchasing an additional 1,129 shares during the period. First Bank & Trust’s holdings in NXP Semiconductors were worth $493,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of NXPI. First Personal Financial Services increased its holdings in shares of NXP Semiconductors by 356.0% during the 4th quarter. First Personal Financial Services now owns 342 shares of the semiconductor provider’s stock valued at $25,000 after acquiring an additional 267 shares during the last quarter. Legacy Bridge LLC acquired a new position in shares of NXP Semiconductors during the 4th quarter valued at about $26,000. Lindbrook Capital LLC acquired a new position in shares of NXP Semiconductors during the 4th quarter valued at about $26,000. Berman Capital Advisors LLC acquired a new position in shares of NXP Semiconductors during the 4th quarter valued at about $27,000. Finally, Intercontinental Wealth Advisors LLC acquired a new position in shares of NXP Semiconductors during the 4th quarter valued at about $29,000. 77.55% of the stock is currently owned by institutional investors.

Shares of NXPI stock traded down $0.96 during mid-day trading on Monday, reaching $99.38. The stock had a trading volume of 18,610 shares, compared to its average volume of 2,723,268. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.59. NXP Semiconductors NV has a one year low of $67.62 and a one year high of $122.24. The company has a market capitalization of $32.60 billion, a P/E ratio of 16.79, a P/E/G ratio of 1.25 and a beta of 1.09.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Wednesday, February 6th. The semiconductor provider reported $2.05 EPS for the quarter, topping the Zacks’ consensus estimate of $1.77 by $0.28. NXP Semiconductors had a return on equity of 15.52% and a net margin of 23.47%. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.39 billion. Sell-side analysts predict that NXP Semiconductors NV will post 6.23 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 5th. Shareholders of record on Monday, March 18th were given a $0.25 dividend. The ex-dividend date was Friday, March 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.01%. NXP Semiconductors’s dividend payout ratio is currently 16.84%.

A number of brokerages have recently commented on NXPI. ValuEngine raised NXP Semiconductors from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Investment Research raised NXP Semiconductors from a “sell” rating to a “hold” rating and set a $109.00 price objective on the stock in a report on Wednesday, April 10th. Piper Jaffray Companies increased their price objective on NXP Semiconductors from $100.00 to $110.00 and gave the company an “overweight” rating in a report on Tuesday, April 9th. BidaskClub lowered NXP Semiconductors from a “hold” rating to a “sell” rating in a report on Friday, March 15th. Finally, Deutsche Bank raised their target price on NXP Semiconductors from $105.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, March 14th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $101.02.

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NXP Semiconductors 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; battery cell controllers; 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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