NXP Semiconductors (NASDAQ:NXPI) Stock Holdings Lifted by Central Valley Advisors LLC

Central Valley Advisors LLC increased its holdings in NXP Semiconductors (NASDAQ:NXPIFree Report) by 7.1% in the first quarter, HoldingsChannel reports. The firm owned 6,994 shares of the semiconductor provider’s stock after purchasing an additional 461 shares during the period. Central Valley Advisors LLC’s holdings in NXP Semiconductors were worth $1,733,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Operose Advisors LLC bought a new stake in NXP Semiconductors during the third quarter valued at about $26,000. FinTrust Capital Advisors LLC boosted its holdings in NXP Semiconductors by 75.4% during the fourth quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock valued at $26,000 after acquiring an additional 49 shares during the period. Valley National Advisers Inc. boosted its holdings in NXP Semiconductors by 98.6% during the fourth quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock valued at $31,000 after acquiring an additional 68 shares during the period. ICA Group Wealth Management LLC bought a new stake in NXP Semiconductors during the fourth quarter valued at about $33,000. Finally, Rise Advisors LLC bought a new stake in NXP Semiconductors during the first quarter valued at about $35,000. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI traded up $3.16 during mid-day trading on Tuesday, hitting $270.43. 261,182 shares of the stock were exchanged, compared to its average volume of 2,199,696. The company has a market cap of $69.14 billion, a P/E ratio of 24.68, a PEG ratio of 2.53 and a beta of 1.50. The stock’s fifty day simple moving average is $261.30 and its two-hundred day simple moving average is $242.00. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.64 and a current ratio of 2.35. NXP Semiconductors has a twelve month low of $167.21 and a twelve month high of $286.87.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last released its quarterly earnings results on Monday, April 29th. The semiconductor provider reported $2.85 EPS for the quarter, beating the consensus estimate of $2.78 by $0.07. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.13 billion. NXP Semiconductors had a net margin of 21.24% and a return on equity of 37.65%. As a group, analysts forecast that NXP Semiconductors will post 12.47 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 10th. Investors of record on Thursday, June 13th will be issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Thursday, June 13th. NXP Semiconductors’s dividend payout ratio is currently 37.49%.

Analyst Ratings Changes

A number of research analysts have recently commented on NXPI shares. TD Cowen upped their price objective on shares of NXP Semiconductors from $270.00 to $300.00 and gave the company an “outperform” rating in a research report on Tuesday, March 12th. JPMorgan Chase & Co. upped their price objective on shares of NXP Semiconductors from $240.00 to $280.00 and gave the company a “neutral” rating in a research report on Wednesday, May 1st. Argus upped their price objective on shares of NXP Semiconductors from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Oppenheimer upped their price objective on shares of NXP Semiconductors from $250.00 to $295.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. Finally, Evercore ISI upped their price objective on shares of NXP Semiconductors from $300.00 to $370.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $267.80.

Read Our Latest Stock Analysis on NXPI

Insider Activity at NXP Semiconductors

In related news, CEO Kurt Sievers sold 8,548 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $275.75, for a total value of $2,357,111.00. Following the completion of the sale, the chief executive officer now owns 177,889 shares of the company’s stock, valued at $49,052,891.75. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.11% of the stock is currently owned by company insiders.

NXP Semiconductors Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors (NASDAQ:NXPIFree Report).

Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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