NXP Semiconductors N.V. $NXPI Shares Acquired by Stephens Inc. AR

Stephens Inc. AR grew its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI) by 13.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,871 shares of the semiconductor provider’s stock after purchasing an additional 9,751 shares during the quarter. Stephens Inc. AR’s holdings in NXP Semiconductors were worth $16,071,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. JPL Wealth Management LLC purchased a new stake in NXP Semiconductors during the 3rd quarter worth approximately $26,000. SHP Wealth Management purchased a new position in NXP Semiconductors in the 4th quarter valued at approximately $27,000. Acumen Wealth Advisors LLC purchased a new position in NXP Semiconductors in the 4th quarter valued at approximately $28,000. Jessup Wealth Management Inc acquired a new position in shares of NXP Semiconductors in the fourth quarter worth $29,000. Finally, Quattro Advisors LLC acquired a new position in shares of NXP Semiconductors in the fourth quarter worth $30,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. The Goldman Sachs Group reiterated a “buy” rating on shares of NXP Semiconductors in a research note on Wednesday, April 29th. Sanford C. Bernstein boosted their target price on NXP Semiconductors from $240.00 to $270.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded NXP Semiconductors from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Mizuho increased their price target on NXP Semiconductors from $188.00 to $200.00 and gave the company an “underperform” rating in a research report on Wednesday, April 29th. Finally, Evercore lifted their price objective on NXP Semiconductors from $260.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $301.13.

NXP Semiconductors Stock Performance

NXPI opened at $273.36 on Monday. NXP Semiconductors N.V. has a one year low of $183.00 and a one year high of $339.95. The company has a market cap of $69.02 billion, a P/E ratio of 26.16, a PEG ratio of 0.99 and a beta of 1.79. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.55 and a current ratio of 2.24. The business’s 50-day simple moving average is $296.61 and its 200-day simple moving average is $246.82.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 earnings per share for the quarter, topping the consensus estimate of $2.98 by $0.07. The firm had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.14 billion. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.The firm’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.64 earnings per share. As a group, equities research analysts expect that NXP Semiconductors N.V. will post 13.4 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Wednesday, June 24th will be issued a $1.014 dividend. The ex-dividend date is Wednesday, June 24th. This represents a $4.06 annualized dividend and a dividend yield of 1.5%. NXP Semiconductors’s dividend payout ratio is presently 38.85%.

Insider Activity at NXP Semiconductors

In related news, EVP Christopher L. Jensen sold 4,576 shares of NXP Semiconductors stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $234.03, for a total transaction of $1,070,921.28. Following the sale, the executive vice president directly owned 5,389 shares in the company, valued at $1,261,187.67. This trade represents a 45.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $315.57, for a total transaction of $315,570.00. Following the completion of the sale, the executive vice president directly owned 8,942 shares of the company’s stock, valued at approximately $2,821,826.94. This trade represents a 10.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 12,611 shares of company stock valued at $3,182,068 in the last ninety days. Insiders own 0.05% of the company’s stock.

NXP Semiconductors Profile

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.