NXP Semiconductors N.V. (NASDAQ:NXPI) Shares Acquired by Stonebrook Private Inc.

Stonebrook Private Inc. grew its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI) by 6.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,024 shares of the semiconductor provider’s stock after purchasing an additional 236 shares during the period. Stonebrook Private Inc.’s holdings in NXP Semiconductors were worth $765,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Sowell Financial Services LLC acquired a new position in shares of NXP Semiconductors in the 1st quarter valued at $320,000. Dynamic Advisor Solutions LLC raised its holdings in shares of NXP Semiconductors by 15.2% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 5,281 shares of the semiconductor provider’s stock valued at $1,004,000 after buying an additional 698 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of NXP Semiconductors by 133.5% in the 1st quarter. Farther Finance Advisors LLC now owns 2,153 shares of the semiconductor provider’s stock valued at $409,000 after buying an additional 1,231 shares during the period. BDF Gestion purchased a new stake in shares of NXP Semiconductors in the 1st quarter valued at $1,152,000. Finally, Spire Wealth Management raised its holdings in shares of NXP Semiconductors by 34.4% in the 1st quarter. Spire Wealth Management now owns 1,267 shares of the semiconductor provider’s stock valued at $241,000 after buying an additional 324 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Trading Down 0.8%

Shares of NXPI stock opened at $230.42 on Thursday. The business’s 50 day moving average is $208.17 and its two-hundred day moving average is $205.35. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $296.08. The company has a market capitalization of $58.21 billion, a P/E ratio of 25.10, a price-to-earnings-growth ratio of 2.90 and a beta of 1.40. The company has a current ratio of 2.09, a quick ratio of 1.47 and a debt-to-equity ratio of 1.10.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.05. NXP Semiconductors had a return on equity of 29.62% and a net margin of 19.16%. The firm had revenue of $2.84 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same quarter in the prior year, the company posted $3.24 earnings per share. NXP Semiconductors’s quarterly revenue was down 9.3% on a year-over-year basis. Equities analysts forecast that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th were given a dividend of $1.014 per share. The ex-dividend date was Wednesday, June 25th. This represents a $4.06 dividend on an annualized basis and a yield of 1.76%. NXP Semiconductors’s payout ratio is 44.23%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on NXPI shares. Citigroup boosted their price objective on NXP Semiconductors from $210.00 to $275.00 and gave the company a “buy” rating in a report on Monday. Barclays cut their price target on NXP Semiconductors from $230.00 to $190.00 and set an “overweight” rating on the stock in a report on Tuesday, April 22nd. Wells Fargo & Company upped their price target on NXP Semiconductors from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, June 16th. TD Cowen upped their price target on NXP Semiconductors from $185.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, April 30th. Finally, Morgan Stanley set a $229.00 price target on NXP Semiconductors in a report on Monday, April 21st. Four analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, NXP Semiconductors has a consensus rating of “Moderate Buy” and a consensus price target of $250.63.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 9,132 shares of the business’s stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the sale, the executive vice president directly owned 27,088 shares in the company, valued at approximately $6,230,240. The trade was a 25.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.12% of the company’s stock.

NXP Semiconductors Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.