NXP Semiconductors N.V. $NXPI Shares Purchased by Quadrant Capital Group LLC

Quadrant Capital Group LLC raised its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 5.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,280 shares of the semiconductor provider’s stock after acquiring an additional 291 shares during the period. Quadrant Capital Group LLC’s holdings in NXP Semiconductors were worth $1,154,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Hemington Wealth Management raised its stake in shares of NXP Semiconductors by 50.0% during the first quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider’s stock valued at $33,000 after purchasing an additional 59 shares in the last quarter. Brown Lisle Cummings Inc. grew its position in NXP Semiconductors by 121.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider’s stock valued at $33,000 after buying an additional 84 shares in the last quarter. True Wealth Design LLC increased its stake in NXP Semiconductors by 375.6% during the 2nd quarter. True Wealth Design LLC now owns 195 shares of the semiconductor provider’s stock valued at $43,000 after buying an additional 154 shares during the period. Legacy Investment Solutions LLC bought a new stake in shares of NXP Semiconductors during the 2nd quarter worth about $43,000. Finally, Hilltop National Bank acquired a new stake in shares of NXP Semiconductors in the 2nd quarter worth approximately $44,000. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI opened at $194.35 on Friday. The company has a market capitalization of $48.91 billion, a PE ratio of 24.05, a price-to-earnings-growth ratio of 2.53 and a beta of 1.47. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.20 and a current ratio of 2.37. The stock has a fifty day moving average of $211.24 and a 200-day moving average of $216.19. NXP Semiconductors N.V. has a one year low of $148.09 and a one year high of $255.45.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Tuesday, October 28th. The semiconductor provider reported $3.11 EPS for the quarter, missing the consensus estimate of $3.12 by ($0.01). NXP Semiconductors had a net margin of 17.11% and a return on equity of 26.92%. The company had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.15 billion. During the same period in the prior year, the company earned $3.45 earnings per share. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. As a group, equities analysts anticipate that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 10th will be issued a $1.014 dividend. The ex-dividend date is Wednesday, December 10th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.1%. NXP Semiconductors’s dividend payout ratio is presently 50.12%.

Wall Street Analysts Forecast Growth

NXPI has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of NXP Semiconductors from $240.00 to $245.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Cantor Fitzgerald reiterated an “overweight” rating and set a $280.00 price target on shares of NXP Semiconductors in a research report on Tuesday, October 28th. Stifel Nicolaus set a $215.00 price objective on NXP Semiconductors in a research note on Tuesday, October 28th. Evercore ISI upped their price objective on NXP Semiconductors from $289.00 to $292.00 in a report on Wednesday, October 29th. Finally, Truist Financial lifted their target price on NXP Semiconductors from $252.00 to $254.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $252.47.

Insider Buying and Selling at NXP Semiconductors

In related news, EVP Jennifer Wuamett sold 8,372 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $207.01, for a total value of $1,733,087.72. Following the completion of the sale, the executive vice president directly owned 19,175 shares of the company’s stock, valued at approximately $3,969,416.75. This represents a 30.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $216.21, for a total value of $216,210.00. Following the sale, the executive vice president owned 6,828 shares of the company’s stock, valued at $1,476,281.88. The trade was a 12.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.12% of the company’s stock.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.