25,077 Shares in NXP Semiconductors N.V. $NXPI Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC purchased a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 25,077 shares of the semiconductor provider’s stock, valued at approximately $5,956,000.

Several other institutional investors and hedge funds have also recently modified their holdings of NXPI. Private Wealth Partners LLC bought a new stake in NXP Semiconductors during the 3rd quarter valued at $922,000. Patrick M Sweeney & Associates Inc. purchased a new position in shares of NXP Semiconductors during the third quarter valued at $209,000. MBL Wealth LLC bought a new stake in shares of NXP Semiconductors in the third quarter valued at about $863,000. Old North State Wealth Management LLC bought a new stake in shares of NXP Semiconductors in the third quarter valued at about $1,264,000. Finally, Royal Fund Management LLC bought a new stake in shares of NXP Semiconductors in the third quarter valued at about $1,947,000. Institutional investors own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NXPI shares. JPMorgan Chase & Co. raised their target price on shares of NXP Semiconductors from $295.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Bank of America reaffirmed a “neutral” rating on shares of NXP Semiconductors in a research report on Wednesday, July 29th. Mizuho dropped their price objective on shares of NXP Semiconductors from $200.00 to $190.00 and set an “underperform” rating on the stock in a research note on Wednesday, July 29th. Susquehanna boosted their price objective on shares of NXP Semiconductors from $210.00 to $250.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Finally, Morgan Stanley upped their target price on NXP Semiconductors from $335.00 to $338.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Sixteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, NXP Semiconductors presently has an average rating of “Moderate Buy” and an average target price of $302.30.

NXP Semiconductors Stock Performance

NXPI stock opened at $234.92 on Monday. NXP Semiconductors N.V. has a one year low of $183.00 and a one year high of $339.95. The firm has a market cap of $59.24 billion, a price-to-earnings ratio of 20.04, a PEG ratio of 0.80 and a beta of 1.80. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.36 and a current ratio of 2.04. The firm has a 50-day simple moving average of $230.20 and a two-hundred day simple moving average of $257.88.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 EPS for the quarter, beating analysts’ consensus estimates of $3.52 by $0.09. The company had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.47 billion. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. NXP Semiconductors’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.72 earnings per share. On average, equities analysts forecast that NXP Semiconductors N.V. will post 13.75 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th were given a dividend of $1.0140 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.7%. NXP Semiconductors’s dividend payout ratio is presently 34.64%.

Insider Buying and Selling at NXP Semiconductors

In related news, EVP Andrew Micallef sold 1,000 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $226.04, for a total transaction of $226,040.00. Following the transaction, the executive vice president directly owned 7,942 shares of the company’s stock, valued at $1,795,209.68. This represents a 11.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 3,355 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $240.00, for a total value of $805,200.00. Following the completion of the sale, the executive vice president owned 288 shares of the company’s stock, valued at approximately $69,120. This trade represents a 92.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.05% of the company’s stock.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. is a global semiconductor company that develops technologies for automotive, industrial, communications infrastructure, mobile, and Internet of Things applications. The company provides processing, connectivity, security, sensing, and power-management solutions that help enable connected and automated systems.

Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, secure identification and authentication technologies, near-field communication products, radio-frequency power amplifiers, analog and mixed-signal devices, and wireless connectivity solutions.