NXP Semiconductors N.V. $NXPI Shares Purchased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. grew its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 6.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 67,902 shares of the semiconductor provider’s stock after acquiring an additional 3,814 shares during the period. Daiwa Securities Group Inc.’s holdings in NXP Semiconductors were worth $14,836,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its holdings in NXP Semiconductors by 20.6% in the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider’s stock valued at $265,000 after buying an additional 218 shares during the period. National Bank of Canada FI grew its stake in NXP Semiconductors by 22.1% during the first quarter. National Bank of Canada FI now owns 58,845 shares of the semiconductor provider’s stock worth $11,191,000 after buying an additional 10,652 shares during the period. Zions Bancorporation National Association UT acquired a new stake in shares of NXP Semiconductors in the first quarter worth $54,000. Townsquare Capital LLC raised its stake in shares of NXP Semiconductors by 2.4% in the 1st quarter. Townsquare Capital LLC now owns 3,142 shares of the semiconductor provider’s stock valued at $597,000 after acquiring an additional 74 shares during the period. Finally, Aigen Investment Management LP acquired a new position in shares of NXP Semiconductors during the 1st quarter valued at $845,000. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NXPI has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price target on NXP Semiconductors from $240.00 to $245.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. TD Cowen dropped their target price on NXP Semiconductors from $270.00 to $260.00 and set a “buy” rating on the stock in a report on Friday, October 10th. Sanford C. Bernstein set a $220.00 price target on NXP Semiconductors and gave the stock a “market perform” rating in a research report on Wednesday, October 29th. Stifel Nicolaus set a $215.00 price target on NXP Semiconductors in a report on Tuesday, October 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of NXP Semiconductors in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average target price of $256.47.

Insiders Place Their Bets

In other news, insider Julie Southern bought 225 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were purchased at an average cost of $225.48 per share, with a total value of $50,733.00. Following the completion of the acquisition, the insider directly owned 11,937 shares in the company, valued at approximately $2,691,554.76. The trade was a 1.92% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jennifer Wuamett sold 8,372 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $207.01, for a total transaction of $1,733,087.72. Following the completion of the sale, the executive vice president owned 19,175 shares in the company, valued at $3,969,416.75. The trade was a 30.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 11,672 shares of company stock valued at $2,474,089. 0.12% of the stock is owned by corporate insiders.

NXP Semiconductors Stock Performance

Shares of NXPI stock opened at $228.05 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.69 and a current ratio of 2.37. The stock has a market capitalization of $57.39 billion, a price-to-earnings ratio of 28.22, a PEG ratio of 3.40 and a beta of 1.46. NXP Semiconductors N.V. has a one year low of $148.09 and a one year high of $255.45. The company’s 50-day simple moving average is $210.60 and its 200-day simple moving average is $217.04.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Tuesday, October 28th. The semiconductor provider reported $3.11 EPS for the quarter, missing the consensus estimate of $3.12 by ($0.01). The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.15 billion. NXP Semiconductors had a return on equity of 26.92% and a net margin of 17.11%.NXP Semiconductors’s revenue was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.45 EPS. Equities analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 10th will be paid a $1.014 dividend. The ex-dividend date is Wednesday, December 10th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 50.25%.

About NXP Semiconductors

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.