Life Cycle Investment Partners Ltd Buys Shares of 87,793 NXP Semiconductors N.V. $NXPI

Life Cycle Investment Partners Ltd bought a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) in the 4th quarter, Holdings Channel reports. The institutional investor bought 87,793 shares of the semiconductor provider’s stock, valued at approximately $19,056,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MGO One Seven LLC increased its position in shares of NXP Semiconductors by 63.0% in the 4th quarter. MGO One Seven LLC now owns 13,870 shares of the semiconductor provider’s stock valued at $3,011,000 after buying an additional 5,359 shares in the last quarter. ING Groep NV increased its position in shares of NXP Semiconductors by 27.5% in the 3rd quarter. ING Groep NV now owns 104,850 shares of the semiconductor provider’s stock valued at $23,877,000 after buying an additional 22,631 shares in the last quarter. Teacher Retirement System of Texas increased its position in shares of NXP Semiconductors by 16.4% in the 4th quarter. Teacher Retirement System of Texas now owns 45,366 shares of the semiconductor provider’s stock valued at $9,847,000 after buying an additional 6,379 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of NXP Semiconductors by 21.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,227,516 shares of the semiconductor provider’s stock valued at $507,241,000 after buying an additional 398,250 shares in the last quarter. Finally, Cibc World Market Inc. increased its position in shares of NXP Semiconductors by 293.6% in the 3rd quarter. Cibc World Market Inc. now owns 38,543 shares of the semiconductor provider’s stock valued at $8,777,000 after buying an additional 28,751 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

Insider Transactions at NXP Semiconductors

In other news, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $194.58, for a total transaction of $194,580.00. Following the completion of the transaction, the executive vice president directly owned 9,942 shares in the company, valued at $1,934,514.36. This represents a 9.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Andrew Hardy sold 5,289 shares of the stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $235.00, for a total transaction of $1,242,915.00. Following the transaction, the executive vice president owned 2,020 shares of the company’s stock, valued at approximately $474,700. This represents a 72.36% decrease in their ownership of the stock. 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 sold a total of 10,865 shares of company stock worth $2,508,416 in the last three months. Insiders own 0.12% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $316.47 on Friday. The firm has a market cap of $79.90 billion, a PE ratio of 30.28, a PEG ratio of 1.14 and a beta of 1.77. The company has a current ratio of 2.24, a quick ratio of 1.55 and a debt-to-equity ratio of 1.00. NXP Semiconductors N.V. has a 1-year low of $183.00 and a 1-year high of $316.81. The company has a fifty day moving average price of $234.74 and a 200 day moving average price of $226.31.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.07. The firm had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.14 billion. NXP Semiconductors had a net margin of 21.03% and a return on equity of 26.75%. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.64 EPS. Research analysts predict that NXP Semiconductors N.V. will post 13.38 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Wednesday, March 25th were paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Wednesday, March 25th. NXP Semiconductors’s dividend payout ratio is currently 38.85%.

Wall Street Analyst Weigh In

A number of research firms recently commented on NXPI. KeyCorp upped their price objective on shares of NXP Semiconductors from $300.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Stifel Nicolaus upped their price objective on shares of NXP Semiconductors from $215.00 to $250.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Loop Capital upped their price objective on shares of NXP Semiconductors from $275.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $230.00 target price (down from $245.00) on shares of NXP Semiconductors in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $294.25.

NXP Semiconductors 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.