NXP Semiconductors N.V. $NXPI Shares Bought by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. grew its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 12.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,096,119 shares of the semiconductor provider’s stock after acquiring an additional 227,045 shares during the period. NXP Semiconductors comprises approximately 3.9% of Van Lanschot Kempen Investment Management N.V.’s holdings, making the stock its 6th biggest position. Van Lanschot Kempen Investment Management N.V.’s holdings in NXP Semiconductors were worth $454,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Wealthspire Advisors LLC grew its holdings in NXP Semiconductors by 31.9% during the 4th quarter. Wealthspire Advisors LLC now owns 2,520 shares of the semiconductor provider’s stock worth $547,000 after acquiring an additional 610 shares in the last quarter. Orion Porfolio Solutions LLC grew its holdings in NXP Semiconductors by 9.0% during the 4th quarter. Orion Porfolio Solutions LLC now owns 31,875 shares of the semiconductor provider’s stock worth $6,919,000 after acquiring an additional 2,620 shares in the last quarter. Oak Associates Ltd. OH grew its holdings in NXP Semiconductors by 0.6% during the 4th quarter. Oak Associates Ltd. OH now owns 190,563 shares of the semiconductor provider’s stock worth $41,364,000 after acquiring an additional 1,218 shares in the last quarter. Skba Capital Management LLC grew its holdings in NXP Semiconductors by 23.2% during the 4th quarter. Skba Capital Management LLC now owns 63,054 shares of the semiconductor provider’s stock worth $13,687,000 after acquiring an additional 11,865 shares in the last quarter. Finally, Cibc World Markets Corp acquired a new position in NXP Semiconductors during the 4th quarter worth $10,256,000. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Trading Up 0.8%

NASDAQ NXPI opened at $304.86 on Friday. NXP Semiconductors N.V. has a one year low of $183.00 and a one year high of $339.95. The company has a 50-day simple moving average of $270.67 and a 200-day simple moving average of $238.24. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.55 and a current ratio of 2.24. The firm has a market capitalization of $76.97 billion, a PE ratio of 29.17, a price-to-earnings-growth ratio of 1.09 and a beta of 1.77.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 EPS for the quarter, beating the consensus estimate of $2.98 by $0.07. NXP Semiconductors had a net margin of 21.03% and a return on equity of 26.75%. The business had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same period in the previous year, the business posted $2.64 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. On average, equities analysts forecast that NXP Semiconductors N.V. will post 13.38 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Wednesday, June 24th will be paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, June 24th. NXP Semiconductors’s payout ratio is presently 38.85%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Jefferies Financial Group raised their price objective on shares of NXP Semiconductors from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of NXP Semiconductors in a report on Wednesday, April 29th. Citigroup raised their price objective on shares of NXP Semiconductors from $255.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price target on shares of NXP Semiconductors from $250.00 to $295.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $295.92.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of the business’s 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 of the company’s stock, valued at $1,934,514.36. The trade was a 9.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Christopher L. Jensen sold 4,576 shares of the business’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $234.03, for a total transaction of $1,070,921.28. Following the transaction, the executive vice president directly owned 5,389 shares of the company’s stock, valued at $1,261,187.67. The trade was a 45.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,611 shares of company stock valued at $3,061,078 in the last ninety days. Company insiders own 0.05% of the company’s stock.

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.