NXP Semiconductors N.V. $NXPI Shares Bought by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC lifted its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI) by 43.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,400 shares of the semiconductor provider’s stock after purchasing an additional 8,000 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in NXP Semiconductors were worth $5,730,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Rovin Capital UT ADV lifted its holdings in NXP Semiconductors by 1.5% in the third quarter. Rovin Capital UT ADV now owns 3,573 shares of the semiconductor provider’s stock worth $814,000 after purchasing an additional 52 shares during the period. IHT Wealth Management LLC increased its stake in NXP Semiconductors by 4.6% during the 2nd quarter. IHT Wealth Management LLC now owns 1,193 shares of the semiconductor provider’s stock valued at $261,000 after buying an additional 52 shares during the period. Invera Wealth Advisors LLC raised its position in shares of NXP Semiconductors by 0.9% during the 3rd quarter. Invera Wealth Advisors LLC now owns 6,104 shares of the semiconductor provider’s stock worth $1,390,000 after buying an additional 56 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its stake in shares of NXP Semiconductors by 1.9% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 3,008 shares of the semiconductor provider’s stock worth $685,000 after acquiring an additional 56 shares during the period. Finally, Inspire Investing LLC lifted its stake in shares of NXP Semiconductors by 0.5% in the 3rd quarter. Inspire Investing LLC now owns 10,993 shares of the semiconductor provider’s stock worth $2,503,000 after acquiring an additional 57 shares during the period. 90.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 12,425 shares of NXP Semiconductors stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $220.94, for a total transaction of $2,745,179.50. Following the transaction, the executive vice president directly owned 11,811 shares in the company, valued at approximately $2,609,522.34. The trade was a 51.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $194.58, for a total value of $194,580.00. Following the completion of the sale, the executive vice president owned 9,942 shares of the company’s stock, valued at $1,934,514.36. The trade was a 9.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on NXPI. Evercore dropped their target price on NXP Semiconductors from $292.00 to $260.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. TD Cowen dropped their price objective on NXP Semiconductors from $285.00 to $250.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of NXP Semiconductors in a research note on Friday, January 16th. Wells Fargo & Company upped their price target on shares of NXP Semiconductors from $260.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Finally, KeyCorp lifted their price objective on shares of NXP Semiconductors from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $253.67.

NXP Semiconductors Stock Down 2.2%

Shares of NXP Semiconductors stock opened at $187.39 on Tuesday. NXP Semiconductors N.V. has a 12-month low of $148.09 and a 12-month high of $256.36. The firm has a market capitalization of $47.35 billion, a PE ratio of 23.60, a price-to-earnings-growth ratio of 0.86 and a beta of 1.45. The company has a quick ratio of 1.38, a current ratio of 2.05 and a debt-to-equity ratio of 1.09. The stock’s fifty day moving average is $219.14 and its 200-day moving average is $218.81.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor provider reported $3.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.04. The business had revenue of $3.34 billion during the quarter, compared to analyst estimates of $3.30 billion. NXP Semiconductors had a return on equity of 26.72% and a net margin of 16.47%.NXP Semiconductors’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $3.18 EPS. Equities analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Wednesday, March 25th will be given a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, March 25th. NXP Semiconductors’s dividend payout ratio (DPR) is 51.13%.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.