Visionary Horizons LLC bought a new position in NXP Semiconductors (NASDAQ:NXPI – Free Report) in the first quarter, according to its most recent filing with the SEC. The firm bought 1,931 shares of the semiconductor provider’s stock, valued at approximately $451,000.
Other institutional investors also recently bought and sold shares of the company. Assenagon Asset Management S.A. boosted its stake in NXP Semiconductors by 46.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 89,297 shares of the semiconductor provider’s stock worth $20,510,000 after purchasing an additional 28,518 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in NXP Semiconductors by 29.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 125,594 shares of the semiconductor provider’s stock worth $28,846,000 after purchasing an additional 28,758 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in NXP Semiconductors by 27.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 4,788 shares of the semiconductor provider’s stock worth $1,100,000 after purchasing an additional 1,019 shares in the last quarter. Principal Financial Group Inc. boosted its stake in NXP Semiconductors by 1.0% in the 4th quarter. Principal Financial Group Inc. now owns 330,144 shares of the semiconductor provider’s stock worth $75,827,000 after purchasing an additional 3,262 shares in the last quarter. Finally, Handelsbanken Fonder AB boosted its stake in NXP Semiconductors by 33.4% in the 4th quarter. Handelsbanken Fonder AB now owns 136,364 shares of the semiconductor provider’s stock worth $31,320,000 after purchasing an additional 34,131 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at NXP Semiconductors
In other news, CEO Kurt Sievers sold 8,548 shares of the company’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $275.75, for a total transaction of $2,357,111.00. Following the completion of the sale, the chief executive officer now owns 177,889 shares of the company’s stock, valued at $49,052,891.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.11% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Report on NXP Semiconductors
NXP Semiconductors Price Performance
Shares of NASDAQ NXPI opened at $268.17 on Thursday. The firm has a market cap of $68.57 billion, a PE ratio of 24.76, a PEG ratio of 2.52 and a beta of 1.50. The firm has a fifty day moving average of $262.08 and a 200 day moving average of $242.39. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.64 and a current ratio of 2.35. NXP Semiconductors has a one year low of $167.21 and a one year high of $286.87.
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last issued its quarterly earnings results on Monday, April 29th. The semiconductor provider reported $2.85 EPS for the quarter, topping the consensus estimate of $2.78 by $0.07. The company had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.13 billion. NXP Semiconductors had a net margin of 21.24% and a return on equity of 37.65%. As a group, research analysts predict that NXP Semiconductors will post 12.47 EPS for the current fiscal year.
NXP Semiconductors Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 10th. Investors of record on Thursday, June 13th will be issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.51%. The ex-dividend date is Thursday, June 13th. NXP Semiconductors’s payout ratio is presently 37.49%.
NXP Semiconductors Company 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.
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