Integrated Investment Consultants LLC Grows Stake in NXP Semiconductors (NASDAQ:NXPI)

Integrated Investment Consultants LLC boosted its stake in NXP Semiconductors (NASDAQ:NXPI) by 26.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,296 shares of the semiconductor provider’s stock after buying an additional 274 shares during the quarter. Integrated Investment Consultants LLC’s holdings in NXP Semiconductors were worth $311,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Trustmark National Bank Trust Department lifted its position in shares of NXP Semiconductors by 6.8% in the third quarter. Trustmark National Bank Trust Department now owns 921 shares of the semiconductor provider’s stock valued at $221,000 after acquiring an additional 59 shares in the last quarter. Ontario Teachers Pension Plan Board lifted its holdings in NXP Semiconductors by 31.8% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 2,389 shares of the semiconductor provider’s stock valued at $573,000 after purchasing an additional 576 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in NXP Semiconductors by 1.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 21,674 shares of the semiconductor provider’s stock worth $5,202,000 after purchasing an additional 248 shares during the last quarter. Commerce Bank grew its holdings in shares of NXP Semiconductors by 1.2% during the third quarter. Commerce Bank now owns 7,562 shares of the semiconductor provider’s stock worth $1,815,000 after buying an additional 87 shares in the last quarter. Finally, Kraft Davis & Associates LLC raised its position in shares of NXP Semiconductors by 7.1% in the third quarter. Kraft Davis & Associates LLC now owns 1,148 shares of the semiconductor provider’s stock valued at $269,000 after buying an additional 76 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Stock Up 0.8 %

NXP Semiconductors stock opened at $226.38 on Friday. The company has a market capitalization of $57.54 billion, a PE ratio of 21.60, a price-to-earnings-growth ratio of 4.51 and a beta of 1.49. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35. NXP Semiconductors has a fifty-two week low of $198.00 and a fifty-two week high of $296.08. The firm has a 50 day moving average price of $233.53 and a 200 day moving average price of $251.51.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The business had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.25 billion. During the same period in the previous year, the firm posted $3.31 earnings per share. The company’s revenue was down 5.4% on a year-over-year basis. Research analysts expect that NXP Semiconductors will post 11.37 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th will be paid a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend is Thursday, December 5th. NXP Semiconductors’s payout ratio is 38.74%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Oppenheimer dropped their price objective on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a research note on Wednesday, November 6th. Barclays dropped their price target on NXP Semiconductors from $330.00 to $280.00 and set an “overweight” rating for the company in a research report on Tuesday, November 5th. Wells Fargo & Company began coverage on NXP Semiconductors in a research report on Friday. They set an “overweight” rating and a $250.00 price objective on the stock. Loop Capital began coverage on NXP Semiconductors in a report on Monday, November 11th. They issued a “buy” rating and a $300.00 target price for the company. Finally, UBS Group cut their target price on NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $274.14.

Insider Activity

In other news, EVP Jennifer Wuamett sold 3,500 shares of the stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $232.35, for a total value of $813,225.00. Following the sale, the executive vice president now directly owns 30,269 shares in the company, valued at approximately $7,033,002.15. This trade represents a 10.36 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.11% of the company’s stock.

NXP Semiconductors 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.