NXP Semiconductors N.V. $NXPI Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC reduced its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI) by 59.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 2,267 shares of the semiconductor provider’s stock after selling 3,302 shares during the period. Dynamic Advisor Solutions LLC’s holdings in NXP Semiconductors were worth $516,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Transcend Capital Advisors LLC lifted its holdings in NXP Semiconductors by 2.8% in the second quarter. Transcend Capital Advisors LLC now owns 1,824 shares of the semiconductor provider’s stock worth $399,000 after acquiring an additional 50 shares during the last quarter. IHT Wealth Management LLC raised its position in shares of NXP Semiconductors by 4.6% during the 2nd quarter. IHT Wealth Management LLC now owns 1,193 shares of the semiconductor provider’s stock worth $261,000 after purchasing an additional 52 shares during the period. Oarsman Capital Inc. lifted its holdings in shares of NXP Semiconductors by 6.1% in the 2nd quarter. Oarsman Capital Inc. now owns 1,144 shares of the semiconductor provider’s stock worth $250,000 after purchasing an additional 66 shares during the last quarter. Clark Capital Management Group Inc. boosted its position in NXP Semiconductors by 5.3% during the 1st quarter. Clark Capital Management Group Inc. now owns 1,445 shares of the semiconductor provider’s stock valued at $275,000 after purchasing an additional 73 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in NXP Semiconductors by 2.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,757 shares of the semiconductor provider’s stock worth $602,000 after buying an additional 73 shares during the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Up 1.2%

NXPI stock opened at $228.94 on Tuesday. The firm’s 50-day moving average is $211.63 and its two-hundred day moving average is $218.95. The company has a market capitalization of $57.62 billion, a price-to-earnings ratio of 28.33, a price-to-earnings-growth ratio of 3.36 and a beta of 1.46. NXP Semiconductors N.V. has a 52 week low of $148.09 and a 52 week high of $255.45. The company has a current ratio of 2.37, a quick ratio of 1.69 and a debt-to-equity ratio of 1.09.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Tuesday, October 28th. The semiconductor provider reported $3.11 earnings per share (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 during the quarter, compared to the consensus estimate of $3.15 billion. During the same quarter last year, the business earned $3.45 earnings per share. The company’s revenue was down 2.4% on a year-over-year basis. On average, analysts forecast that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 10th will be given a dividend of $1.014 per share. The ex-dividend date is Wednesday, December 10th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors’s dividend payout ratio (DPR) is 50.25%.

Insider Transactions at NXP Semiconductors

In other news, insider Julie Southern bought 225 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were purchased at an average cost of $225.48 per share, with a total value of $50,733.00. Following the completion of the acquisition, the insider directly owned 11,937 shares in the company, valued at approximately $2,691,554.76. The trade was a 1.92% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Christopher L. Jensen sold 2,300 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $228.17, for a total transaction 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 trade represents a 18.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

NXPI has been the topic of a number of recent research reports. Cantor Fitzgerald reiterated an “overweight” rating and issued a $280.00 target price on shares of NXP Semiconductors in a research note on Tuesday, October 28th. JPMorgan Chase & Co. lifted their price objective on shares of NXP Semiconductors from $240.00 to $245.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Truist Financial boosted their target price on shares of NXP Semiconductors from $254.00 to $265.00 and gave the company a “buy” rating in a research note on Friday. Evercore ISI raised their price target on shares of NXP Semiconductors from $289.00 to $292.00 in a research note on Wednesday, October 29th. Finally, Sanford C. Bernstein set a $220.00 price objective on NXP Semiconductors and gave the stock a “market perform” rating in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $260.62.

NXP Semiconductors Profile

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.