Capital Advisors Inc. OK Invests $1.99 Million in NXP Semiconductors N.V. $NXPI

Capital Advisors Inc. OK bought a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 7,081 shares of the semiconductor provider’s stock, valued at approximately $1,990,000.

A number of other institutional investors have also added to or reduced their stakes in NXPI. Allied Private Wealth LLC bought a new position in NXP Semiconductors in the second quarter worth approximately $28,000. Bell Investment Advisors Inc bought a new stake in shares of NXP Semiconductors during the second quarter valued at approximately $29,000. Fiduciary Financial Advisors acquired a new position in shares of NXP Semiconductors during the second quarter worth approximately $28,000. JPL Wealth Management LLC bought a new position in shares of NXP Semiconductors in the 3rd quarter worth $26,000. Finally, Pingora Partners LLC acquired a new stake in NXP Semiconductors in the 2nd quarter valued at $35,000. 90.54% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Christopher L. Jensen sold 1,746 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $316.53, for a total value of $552,661.38. Following the transaction, the executive vice president directly owned 3,643 shares of the company’s stock, valued at approximately $1,153,118.79. The trade was a 32.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction dated Monday, June 15th. The stock was 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 in the company, valued at approximately $2,821,826.94. This represents a 10.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on NXPI shares. Stifel Nicolaus set a $282.00 price target on shares of NXP Semiconductors in a research note on Wednesday, July 29th. Barclays lifted their price objective on shares of NXP Semiconductors from $295.00 to $340.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Mizuho lowered their target price on shares of NXP Semiconductors from $200.00 to $190.00 and set an “underperform” rating on the stock in a report on Wednesday, July 29th. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price target on shares of NXP Semiconductors in a research report on Wednesday, July 29th. Finally, Citigroup reiterated a “neutral” rating on shares of NXP Semiconductors in a research note on Monday, July 13th. Sixteen research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $305.43.

NXP Semiconductors Price Performance

NXPI opened at $223.58 on Friday. NXP Semiconductors N.V. has a 1 year low of $183.00 and a 1 year high of $339.95. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.04 and a quick ratio of 1.36. The company has a market capitalization of $56.38 billion, a price-to-earnings ratio of 19.08, a P/E/G ratio of 0.76 and a beta of 1.81. The firm’s fifty day moving average price is $257.48 and its two-hundred day moving average price is $252.32.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 EPS for the quarter, beating the consensus estimate of $3.52 by $0.09. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The company had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter in the prior year, the company posted $2.72 earnings per share. The firm’s revenue for the quarter was up 19.5% on a year-over-year basis. As a group, analysts anticipate that NXP Semiconductors N.V. will post 13.73 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, June 24th were given a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $4.06 annualized dividend and a yield of 1.8%. NXP Semiconductors’s payout ratio is currently 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.