NXP Semiconductors N.V. $NXPI Stock Holdings Trimmed by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 7.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,718 shares of the semiconductor provider’s stock after selling 2,535 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in NXP Semiconductors were worth $7,404,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Brown Lisle Cummings Inc. lifted its holdings in NXP Semiconductors by 121.7% in the second quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider’s stock worth $33,000 after acquiring an additional 84 shares during the last quarter. Delos Wealth Advisors LLC acquired a new position in shares of NXP Semiconductors during the second quarter valued at $35,000. True Wealth Design LLC increased its stake in shares of 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 purchasing an additional 154 shares during the period. Legacy Investment Solutions LLC acquired a new stake in NXP Semiconductors in the 2nd quarter valued at approximately $43,000. Finally, North Capital Inc. raised its stake in NXP Semiconductors by 119.8% during the 3rd quarter. North Capital Inc. now owns 189 shares of the semiconductor provider’s stock valued at $43,000 after acquiring an additional 103 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Trading Down 1.8%

NASDAQ:NXPI opened at $232.48 on Friday. The company has a market capitalization of $58.51 billion, a P/E ratio of 28.77, a P/E/G ratio of 2.91 and a beta of 1.46. The stock’s 50 day moving average price is $221.27 and its 200 day moving average price is $221.09. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.69 and a current ratio of 2.37. 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 announced its quarterly 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 return on equity of 26.92% and a net margin of 17.11%.The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.15 billion. During the same quarter last year, the company earned $3.45 EPS. The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. On average, research analysts forecast 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 was paid on Wednesday, January 7th. Investors of record on Wednesday, December 10th were paid a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $4.06 dividend on an annualized basis and a yield of 1.7%. NXP Semiconductors’s payout ratio is presently 50.25%.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 12,425 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $220.94, for a total transaction of $2,745,179.50. Following the completion of the transaction, the executive vice president owned 11,811 shares in the company, valued at $2,609,522.34. This trade represents a 51.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Christopher L. Jensen sold 2,300 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $228.17, for a total value of $524,791.00. Following the completion of the sale, the executive vice president owned 9,965 shares in the company, valued at approximately $2,273,714.05. This represents a 18.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 23,097 shares of company stock valued at $5,003,058 over the last quarter. Corporate insiders own 0.12% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Mizuho upped their target price on NXP Semiconductors from $265.00 to $285.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. TD Cowen boosted their price target on shares of NXP Semiconductors from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Barclays restated an “overweight” rating and set a $255.00 price objective on shares of NXP Semiconductors in a research report on Thursday, January 15th. Wells Fargo & Company increased their target price on shares of NXP Semiconductors from $260.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $280.00 price target on shares of NXP Semiconductors in a research report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $259.29.

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.