One Way Holdings LLC Makes New Investment in NXP Semiconductors N.V. $NXPI

One Way Holdings LLC acquired a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,000 shares of the semiconductor provider’s stock, valued at approximately $1,663,000.

Several other large investors also recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of NXP Semiconductors during the second quarter worth about $6,716,412,000. Wellington Management Group LLP purchased a new stake in shares of NXP Semiconductors in the 2nd quarter valued at about $21,099,000. Bank of America Corp DE acquired a new stake in shares of NXP Semiconductors in the 2nd quarter valued at about $1,169,846,000. Van ECK Associates Corp acquired a new stake in shares of NXP Semiconductors in the 2nd quarter valued at about $1,167,458,000. Finally, Jupiter Topco LLC acquired a new stake in shares of NXP Semiconductors in the 2nd quarter valued at about $742,385,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Insider Activity at NXP Semiconductors

In related news, EVP Christopher Jensen sold 3,355 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $240.00, for a total transaction of $805,200.00. Following the completion of the sale, the executive vice president directly owned 288 shares of the company’s stock, valued at $69,120. This trade represents a 92.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $226.04, for a total transaction of $226,040.00. Following the completion of the transaction, the executive vice president owned 7,942 shares in the company, valued at approximately $1,795,209.68. This trade represents a 11.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by corporate insiders.

NXP Semiconductors Price Performance

Shares of NXPI opened at $259.61 on Monday. NXP Semiconductors N.V. has a fifty-two week low of $183.00 and a fifty-two week high of $339.95. The company has a market capitalization of $65.43 billion, a price-to-earnings ratio of 20.41, a price-to-earnings-growth ratio of 0.88 and a beta of 1.83. The firm has a 50-day simple moving average of $232.97 and a 200-day simple moving average of $246.09. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.47 and a current ratio of 2.12.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Tuesday, October 27th. The semiconductor provider reported $4.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $0.08. The firm had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.76 billion. NXP Semiconductors had a return on equity of 28.57% and a net margin of 23.40%. The firm’s revenue for the quarter was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.11 EPS. On average, equities research analysts anticipate that NXP Semiconductors N.V. will post 13.79 earnings per share for the current year.

NXP Semiconductors announced that its Board of Directors has authorized a stock buyback plan on Tuesday, October 27th that permits the company to buy back $5 billion in outstanding shares. This repurchase authorization permits the semiconductor provider to buy shares of its stock through open market purchases. Share repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th were paid a dividend of $1.0140 per share. This represents a $4.06 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Wednesday, September 16th. NXP Semiconductors’s dividend payout ratio is 31.92%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Needham & Company LLC restated a “buy” rating and set a $300.00 price target on shares of NXP Semiconductors in a research note on Wednesday, October 28th. Wall Street Zen cut NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Truist Financial decreased their price objective on NXP Semiconductors from $310.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. Cantor Fitzgerald restated an “overweight” rating and set a $400.00 target price on shares of NXP Semiconductors in a research report on Monday, October 26th. Finally, Oppenheimer lifted their target price on shares of NXP Semiconductors from $300.00 to $325.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Sixteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $295.78.

About NXP Semiconductors

NXP Semiconductors N.V. is a global semiconductor company that develops technologies for automotive, industrial, communications infrastructure, mobile, and Internet of Things applications. The company provides processing, connectivity, security, sensing, and power-management solutions that help enable connected and automated systems.

Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, secure identification and authentication technologies, near-field communication products, radio-frequency power amplifiers, analog and mixed-signal devices, and wireless connectivity solutions.