111,448 Shares in NXP Semiconductors N.V. $NXPI Acquired by Trillium Asset Management LLC

Trillium Asset Management LLC bought a new position in NXP Semiconductors N.V. (NASDAQ:NXPI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 111,448 shares of the semiconductor provider’s stock, valued at approximately $31,321,000. NXP Semiconductors makes up approximately 1.0% of Trillium Asset Management LLC’s investment portfolio, making the stock its 25th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in the business. Vise Technologies Inc. bought a new position in shares of NXP Semiconductors during the 2nd quarter worth approximately $1,655,000. E Fund Management Co. Ltd. bought a new position in NXP Semiconductors during the 2nd quarter valued at $4,404,000. Madison Asset Management LLC purchased a new position in NXP Semiconductors during the 2nd quarter worth $2,179,000. Csenge Advisory Group bought a new stake in shares of NXP Semiconductors in the 2nd quarter worth $385,000. Finally, Johnson Financial Group Inc. bought a new stake in shares of NXP Semiconductors in the 2nd quarter worth $184,000. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Mizuho dropped their price target on shares of NXP Semiconductors from $200.00 to $190.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 29th. Raymond James Financial upped their price objective on shares of NXP Semiconductors from $250.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Stifel Nicolaus set a $282.00 price objective on shares of NXP Semiconductors in a research note on Wednesday, July 29th. TD Cowen dropped their target price on shares of NXP Semiconductors from $340.00 to $290.00 and set a “buy” rating on the stock in a research report on Wednesday, July 29th. Finally, Needham & Company LLC restated a “buy” rating and issued a $300.00 target price on shares of NXP Semiconductors in a research note on Wednesday, July 29th. Sixteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $305.43.

Insider Buying and Selling

In related news, EVP Christopher L. Jensen sold 1,746 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $316.53, for a total value of $552,661.38. Following the transaction, the executive vice president owned 3,643 shares in the company, valued at approximately $1,153,118.79. This represents a 32.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $315.57, for a total value of $315,570.00. Following the transaction, 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. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.05% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI opened at $222.97 on Friday. The company has a market capitalization of $56.22 billion, a P/E ratio of 19.02, a price-to-earnings-growth ratio of 0.77 and a beta of 1.81. The company’s 50-day moving average is $267.54 and its 200 day moving average is $252.54. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.36 and a current ratio of 2.04. NXP Semiconductors N.V. has a fifty-two week low of $183.00 and a fifty-two week high of $339.95.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.52 by $0.09. The business had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.47 billion. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter last year, the company posted $2.72 earnings per share. On average, equities research analysts forecast that NXP Semiconductors N.V. will post 13.73 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Wednesday, June 24th were paid a dividend of $1.014 per share. The ex-dividend date was Wednesday, June 24th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 34.64%.

About NXP Semiconductors

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.