3,107 Shares in NXP Semiconductors N.V. $NXPI Bought by Greenleaf Trust

Greenleaf Trust acquired a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 3,107 shares of the semiconductor provider’s stock, valued at approximately $873,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Allied Private Wealth LLC bought a new stake in shares of NXP Semiconductors in the second quarter valued at about $28,000. Bell Investment Advisors Inc bought a new position in shares of NXP Semiconductors during the second quarter worth about $29,000. Fiduciary Financial Advisors acquired a new stake in NXP Semiconductors in the 2nd quarter valued at approximately $28,000. JPL Wealth Management LLC bought a new stake in NXP Semiconductors in the 3rd quarter valued at approximately $26,000. Finally, Pingora Partners LLC bought a new stake in NXP Semiconductors in the 2nd quarter valued at approximately $35,000. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NXP Semiconductors in a research note on Friday, July 31st. TD Cowen reduced their target price on shares of NXP Semiconductors from $340.00 to $290.00 and set a “buy” rating for the company in a report on Wednesday, July 29th. Morgan Stanley raised their target price on shares of NXP Semiconductors from $335.00 to $338.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Bank of America reiterated a “neutral” rating on shares of NXP Semiconductors in a research note on Wednesday, July 29th. Finally, Barclays upped their target price on NXP Semiconductors from $295.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Sixteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, NXP Semiconductors has a consensus rating of “Moderate Buy” and an average target price of $305.43.

NXP Semiconductors Price Performance

NASDAQ:NXPI opened at $224.64 on Tuesday. The company has a market cap of $56.65 billion, a P/E ratio of 19.17, a P/E/G ratio of 0.76 and a beta of 1.82. The firm’s fifty day moving average price is $255.51 and its two-hundred day moving average price is $252.40. NXP Semiconductors N.V. has a one year low of $183.00 and a one year high of $339.95. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.04 and a quick ratio of 1.36.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 EPS for the quarter, topping the consensus estimate of $3.52 by $0.09. The business had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.47 billion. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. NXP Semiconductors’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.72 EPS. Equities analysts expect that NXP Semiconductors N.V. will post 13.73 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be paid a $1.014 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors’s dividend payout ratio is 34.64%.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $315.57, for a total value of $315,570.00. Following the completion of the sale, the executive vice president owned 8,942 shares of the company’s stock, valued at $2,821,826.94. The trade was a 10.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.05% of the company’s stock.

About NXP Semiconductors

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.