Crossmark Global Holdings Inc. Has $2.02 Million Holdings in NXP Semiconductors (NASDAQ:NXPI)

Crossmark Global Holdings Inc. cut its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 10.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,413 shares of the semiconductor provider’s stock after selling 1,029 shares during the period. Crossmark Global Holdings Inc.’s holdings in NXP Semiconductors were worth $2,019,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in NXPI. Family Firm Inc. bought a new stake in shares of NXP Semiconductors in the 2nd quarter valued at about $27,000. Addison Advisors LLC increased its stake in shares of NXP Semiconductors by 224.2% in the 2nd quarter. Addison Advisors LLC now owns 107 shares of the semiconductor provider’s stock valued at $29,000 after acquiring an additional 74 shares during the last quarter. Valley National Advisers Inc. increased its stake in shares of NXP Semiconductors by 71.2% in the 2nd quarter. Valley National Advisers Inc. now owns 125 shares of the semiconductor provider’s stock valued at $33,000 after acquiring an additional 52 shares during the last quarter. Beacon Capital Management LLC increased its stake in shares of NXP Semiconductors by 36.4% in the 1st quarter. Beacon Capital Management LLC now owns 150 shares of the semiconductor provider’s stock valued at $37,000 after acquiring an additional 40 shares during the last quarter. Finally, Fortitude Family Office LLC increased its stake in shares of NXP Semiconductors by 615.0% in the 2nd quarter. Fortitude Family Office LLC now owns 143 shares of the semiconductor provider’s stock valued at $38,000 after acquiring an additional 123 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Trading Down 1.0 %

NASDAQ NXPI opened at $224.79 on Wednesday. The stock has a 50 day moving average of $235.14 and a 200-day moving average of $253.42. NXP Semiconductors has a 12 month low of $181.96 and a 12 month high of $296.08. The company has a market cap of $57.13 billion, a PE ratio of 21.45, a PEG ratio of 4.30 and a beta of 1.49. The company has a current ratio of 2.35, a quick ratio of 1.52 and a debt-to-equity ratio of 0.99.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $3.25 billion. During the same quarter last year, the firm posted $3.31 EPS. The company’s quarterly revenue was down 5.4% on a year-over-year basis. On average, equities research analysts anticipate that NXP Semiconductors will post 11.43 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were issued a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.80%. The ex-dividend date was Thursday, September 12th. NXP Semiconductors’s dividend payout ratio is 38.65%.

Wall Street Analysts Forecast Growth

NXPI has been the subject of a number of recent analyst reports. Loop Capital initiated coverage on NXP Semiconductors in a research note on Monday. They issued a “buy” rating and a $300.00 price target for the company. StockNews.com cut NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Friday, August 2nd. TD Cowen lowered their target price on NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating for the company in a research note on Friday, November 8th. Citic Securities began coverage on NXP Semiconductors in a research note on Friday, October 11th. They set a $288.00 target price for the company. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $270.00 target price on shares of NXP Semiconductors in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $276.76.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors 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 transaction of $813,225.00. Following the transaction, the executive vice president now owns 30,269 shares in the company, valued at $7,033,002.15. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.11% of the company’s stock.

About NXP Semiconductors

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.