3,883 Shares of NXP Semiconductors N.V. $NXPI Bought by Private Wealth Partners LLC

Private Wealth Partners LLC acquired a new position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) in the 3rd quarter, HoldingsChannel reports. The firm acquired 3,883 shares of the semiconductor provider’s stock, valued at approximately $922,000.

A number of other institutional investors also recently modified their holdings of NXPI. Patrick M Sweeney & Associates Inc. bought a new position in NXP Semiconductors in the 3rd quarter valued at $209,000. MBL Wealth LLC bought a new stake in shares of NXP Semiconductors during the third quarter worth $863,000. Old North State Wealth Management LLC acquired a new stake in shares of NXP Semiconductors in the third quarter valued at $1,264,000. Royal Fund Management LLC acquired a new stake in shares of NXP Semiconductors in the third quarter valued at $1,947,000. Finally, Brookstone Capital Management acquired a new stake in shares of NXP Semiconductors in the third quarter valued at $351,000. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Trading Down 1.2%

NASDAQ NXPI traded down $2.87 on Friday, reaching $234.92. The company had a trading volume of 3,271,636 shares, compared to its average volume of 3,290,400. NXP Semiconductors N.V. has a 52 week low of $183.00 and a 52 week high of $339.95. The stock’s 50 day moving average is $230.20 and its 200-day moving average is $257.46. The company has a quick ratio of 1.36, a current ratio of 2.04 and a debt-to-equity ratio of 0.88. The stock has a market cap of $59.24 billion, a price-to-earnings ratio of 20.04, a PEG ratio of 0.81 and a beta of 1.80.

NXP Semiconductors (NASDAQ:NXPI) last issued 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. The firm 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 business’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.72 earnings per share. Equities analysts predict that NXP Semiconductors N.V. will post 13.75 earnings per share for the current year.

NXP Semiconductors Announces Dividend

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

Insider Transactions at NXP Semiconductors

In related news, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $226.04, for a total value of $226,040.00. Following the sale, the executive vice president owned 7,942 shares of the company’s stock, valued at approximately $1,795,209.68. This trade represents a 11.18% 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 Christopher L. Jensen sold 3,355 shares of NXP Semiconductors stock in a transaction that occurred on 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 directly owned 288 shares in the company, valued at approximately $69,120. This represents a 92.09% decrease in their position. 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 own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NXPI. Citigroup reiterated a “neutral” rating on shares of NXP Semiconductors in a research report on Monday, July 13th. Sanford C. Bernstein restated a “market perform” rating and issued a $290.00 price objective (up from $270.00) on shares of NXP Semiconductors in a research report on Wednesday, July 29th. Bank of America reaffirmed a “neutral” rating on shares of NXP Semiconductors in a research note on Wednesday, July 29th. Wells Fargo & Company reduced their target price on shares of NXP Semiconductors from $280.00 to $235.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Finally, UBS Group reissued a “neutral” rating and set a $270.00 price target (down from $305.00) on shares of NXP Semiconductors in a research note on Monday, August 3rd. Sixteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $302.30.

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.