NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Stephens Inc. AR

Stephens Inc. AR raised its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 3.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 19,723 shares of the semiconductor provider’s stock after purchasing an additional 603 shares during the quarter. Stephens Inc. AR’s holdings in NXP Semiconductors were worth $4,734,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of NXPI. Family Firm Inc. purchased a new stake in NXP Semiconductors during the second quarter valued at about $27,000. Addison Advisors LLC raised its holdings in shares of NXP Semiconductors by 224.2% during the second quarter. Addison Advisors LLC now owns 107 shares of the semiconductor provider’s stock valued at $29,000 after acquiring an additional 74 shares during the period. Valley National Advisers Inc. lifted its position in shares of NXP Semiconductors by 71.2% in the 2nd quarter. Valley National Advisers Inc. now owns 125 shares of the semiconductor provider’s stock valued at $33,000 after acquiring an additional 52 shares in the last quarter. Fortitude Family Office LLC boosted its stake in NXP Semiconductors by 615.0% in the 2nd quarter. Fortitude Family Office LLC now owns 143 shares of the semiconductor provider’s stock worth $38,000 after purchasing an additional 123 shares during the period. Finally, Beacon Capital Management LLC grew its position in NXP Semiconductors by 36.4% during the 1st quarter. Beacon Capital Management LLC now owns 150 shares of the semiconductor provider’s stock worth $37,000 after purchasing an additional 40 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NXPI opened at $238.59 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.52 and a current ratio of 2.21. The company has a market cap of $60.78 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 2.54 and a beta of 1.49. The stock has a 50-day moving average of $237.56 and a 200-day moving average of $252.97. NXP Semiconductors has a 52-week low of $173.31 and a 52-week high of $296.08.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were issued a dividend of $1.014 per share. The ex-dividend date was Thursday, September 12th. This represents a $4.06 annualized dividend and a yield of 1.70%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 37.94%.

Insider Activity

In related news, EVP Jennifer Wuamett sold 3,500 shares of the company’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total transaction of $813,225.00. Following the completion of the sale, the executive vice president now directly owns 30,269 shares of the company’s stock, valued at approximately $7,033,002.15. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.11% of the company’s stock.

Analyst Ratings Changes

NXPI has been the subject of a number of research analyst reports. Morgan Stanley reduced their target price on NXP Semiconductors from $275.00 to $271.00 and set an “equal weight” rating for the company in a report on Wednesday, July 24th. Stifel Nicolaus reduced their price objective on NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating for the company in a research note on Thursday, October 17th. Needham & Company LLC lifted their target price on NXP Semiconductors from $280.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, July 23rd. TD Cowen dropped their target price on NXP Semiconductors from $330.00 to $310.00 and set a “buy” rating on the stock in a report on Wednesday, July 24th. Finally, UBS Group upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and raised their price target for the stock from $275.00 to $285.00 in a report on Monday, October 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $288.90.

NXP Semiconductors Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.