Level Four Advisory Services LLC Raises Stock Position in NXP Semiconductors N.V. $NXPI

Level Four Advisory Services LLC lifted its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 20.9% in the second quarter, Holdings Channel reports. The firm owned 10,965 shares of the semiconductor provider’s stock after buying an additional 1,895 shares during the period. Level Four Advisory Services LLC’s holdings in NXP Semiconductors were worth $2,396,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in NXPI. Hemington Wealth Management increased its holdings in 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 buying an additional 59 shares during the period. Brown Lisle Cummings Inc. raised its stake in shares of NXP Semiconductors by 121.7% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider’s stock worth $33,000 after acquiring an additional 84 shares in the last quarter. True Wealth Design LLC boosted its stake in NXP Semiconductors by 375.6% in the second quarter. True Wealth Design LLC now owns 195 shares of the semiconductor provider’s stock valued at $43,000 after acquiring an additional 154 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of NXP Semiconductors in the 2nd quarter worth $43,000. Finally, Hilltop National Bank purchased a new stake in shares of NXP Semiconductors during the second quarter worth about $44,000. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. TD Cowen cut their price objective on NXP Semiconductors from $270.00 to $260.00 and set a “buy” rating on the stock in a report on Friday, October 10th. Weiss Ratings reissued a “hold (c)” rating on shares of NXP Semiconductors in a report on Wednesday, October 8th. Stifel Nicolaus set a $215.00 target price on shares of NXP Semiconductors in a research note on Tuesday, October 28th. Evercore ISI upped their target price on NXP Semiconductors from $289.00 to $292.00 in a research note on Wednesday, October 29th. Finally, Truist Financial increased their target price on NXP Semiconductors from $252.00 to $254.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.47.

Insider Transactions at NXP Semiconductors

In other news, EVP Jennifer Wuamett sold 8,372 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $207.01, for a total value of $1,733,087.72. Following the transaction, the executive vice president directly owned 19,175 shares in the company, 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 SEC, which can be accessed through this hyperlink. Also, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $216.21, for a total transaction of $216,210.00. Following the completion of the sale, the executive vice president owned 6,828 shares of the company’s stock, valued at $1,476,281.88. This trade represents a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is currently owned by company insiders.

NXP Semiconductors Stock Up 0.3%

NASDAQ NXPI opened at $194.35 on Friday. The business’s fifty day simple moving average is $211.24 and its 200-day simple moving average is $216.19. The company has a quick ratio of 1.20, a current ratio of 2.37 and a debt-to-equity ratio of 1.09. The firm has a market cap of $48.91 billion, a PE ratio of 24.05, a P/E/G ratio of 2.53 and a beta of 1.47. NXP Semiconductors N.V. has a 52 week low of $148.09 and a 52 week high of $255.45.

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

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 10th will be issued a dividend of $1.014 per share. 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 currently 50.12%.

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.