NXP Semiconductors N.V. (NASDAQ:NXPI) Given Average Rating of “Moderate Buy” by Analysts

NXP Semiconductors N.V. (NASDAQ:NXPI) has received an average rating of “Moderate Buy” from the twenty-six brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, sixteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $307.2727.

A number of analysts have issued reports on NXPI shares. Weiss Ratings upgraded shares of NXP Semiconductors from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. The Goldman Sachs Group reissued a “buy” rating on shares of NXP Semiconductors in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of NXP Semiconductors in a report on Wednesday, April 29th. Wolfe Research increased their target price on shares of NXP Semiconductors from $270.00 to $320.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Finally, Needham & Company LLC raised their price target on shares of NXP Semiconductors from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th.

Insider Activity at NXP Semiconductors

In related news, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $315.57, for a total transaction of $315,570.00. Following the completion of the transaction, the executive vice president directly 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 through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Hardy sold 5,289 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $235.00, for a total value of $1,242,915.00. Following the sale, the executive vice president owned 2,020 shares in the company, valued at approximately $474,700. This trade represents a 72.36% decrease in their position. 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. Over the last three months, insiders sold 12,611 shares of company stock worth $3,182,068. Company insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MGO One Seven LLC boosted its stake in NXP Semiconductors by 63.0% during the fourth 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. Teacher Retirement System of Texas raised its holdings in shares of NXP Semiconductors by 16.4% during the fourth quarter. Teacher Retirement System of Texas now owns 45,366 shares of the semiconductor provider’s stock valued at $9,847,000 after acquiring an additional 6,379 shares during the period. Deutsche Bank AG lifted its position in shares of NXP Semiconductors by 5.1% in the 4th quarter. Deutsche Bank AG now owns 1,928,214 shares of the semiconductor provider’s stock valued at $418,538,000 after acquiring an additional 93,316 shares in the last quarter. Barclays PLC lifted its position in shares of NXP Semiconductors by 31.5% in the 4th quarter. Barclays PLC now owns 2,283,397 shares of the semiconductor provider’s stock valued at $495,634,000 after acquiring an additional 546,790 shares in the last quarter. Finally, Zevenbergen Capital Investments LLC boosted its stake in NXP Semiconductors by 43.5% in the 4th quarter. Zevenbergen Capital Investments LLC now owns 26,400 shares of the semiconductor provider’s stock worth $5,730,000 after purchasing an additional 8,000 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Down 1.5%

Shares of NASDAQ NXPI opened at $266.53 on Monday. The company has a quick ratio of 1.55, a current ratio of 2.24 and a debt-to-equity ratio of 1.00. The business’s 50 day moving average is $298.25 and its two-hundred day moving average is $250.47. NXP Semiconductors has a 52-week low of $183.00 and a 52-week high of $339.95. The firm has a market cap of $67.29 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 0.97 and a beta of 1.79.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Wednesday, April 29th. The semiconductor provider reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.98 by $0.07. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.The business had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the previous year, the firm posted $2.64 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis. Research analysts predict that NXP Semiconductors will post 13.49 EPS for the current year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Wednesday, June 24th were paid a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Wednesday, June 24th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.85%.

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.