National Pension Service Raises Holdings in NXP Semiconductors N.V. $NXPI

National Pension Service lifted its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 2.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 801,609 shares of the semiconductor provider’s stock after purchasing an additional 15,929 shares during the period. National Pension Service owned about 0.32% of NXP Semiconductors worth $182,550,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in NXPI. Shelton Capital Management lifted its holdings in shares of NXP Semiconductors by 16.1% during the second quarter. Shelton Capital Management now owns 83,378 shares of the semiconductor provider’s stock worth $18,217,000 after purchasing an additional 11,577 shares during the period. Alberta Investment Management Corp purchased a new position in NXP Semiconductors during the 2nd quarter worth $3,540,000. Vantage Investment Partners LLC lifted its stake in shares of NXP Semiconductors by 5.2% in the 2nd quarter. Vantage Investment Partners LLC now owns 34,193 shares of the semiconductor provider’s stock worth $7,471,000 after acquiring an additional 1,675 shares during the period. CCLA Investment Management boosted its holdings in shares of NXP Semiconductors by 6.5% in the second quarter. CCLA Investment Management now owns 545,580 shares of the semiconductor provider’s stock valued at $119,121,000 after acquiring an additional 33,112 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp increased its stake in shares of NXP Semiconductors by 13.6% during the second quarter. OMERS ADMINISTRATION Corp now owns 58,645 shares of the semiconductor provider’s stock worth $12,813,000 after acquiring an additional 7,034 shares during the period. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Trading Down 3.2%

Shares of NXPI stock opened at $226.14 on Friday. The stock has a market cap of $56.91 billion, a P/E ratio of 27.99, a P/E/G ratio of 2.92 and a beta of 1.46. The company has a quick ratio of 1.69, a current ratio of 2.37 and a debt-to-equity ratio of 1.09. NXP Semiconductors N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $255.45. The business has a fifty day simple moving average of $225.58 and a 200-day simple moving average of $221.24.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 10th were given a dividend of $1.014 per share. The ex-dividend date was Wednesday, December 10th. This represents a $4.06 dividend on an annualized basis and a yield of 1.8%. NXP Semiconductors’s payout ratio is presently 50.25%.

Wall Street Analyst Weigh In

NXPI has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $215.00 price objective on shares of NXP Semiconductors in a research report on Tuesday, October 28th. JPMorgan Chase & Co. increased their target price on NXP Semiconductors from $240.00 to $245.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $280.00 price objective on shares of NXP Semiconductors in a report on Tuesday, October 28th. Citigroup increased their price objective on NXP Semiconductors from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Finally, Wells Fargo & Company boosted their target price on shares of NXP Semiconductors from $260.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Two research 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 data from MarketBeat.com, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average price target of $259.29.

Insider Buying and Selling at NXP Semiconductors

In related news, EVP Christopher L. Jensen sold 2,300 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $228.17, for a total value of $524,791.00. Following the sale, the executive vice president owned 9,965 shares of the company’s stock, valued at approximately $2,273,714.05. This represents a 18.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jennifer Wuamett sold 12,425 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $220.94, for a total value of $2,745,179.50. Following the sale, the executive vice president owned 11,811 shares in the company, valued at approximately $2,609,522.34. This trade represents a 51.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have 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.

NXP Semiconductors Company 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.