Mather Group LLC. lifted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI – Free Report) by 43.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 812 shares of the semiconductor provider’s stock after buying an additional 246 shares during the period. Mather Group LLC.’s holdings in NXP Semiconductors were worth $195,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of NXPI. Future Financial Wealth Managment LLC purchased a new position in NXP Semiconductors in the first quarter worth $25,000. Family Firm Inc. purchased a new position in shares of NXP Semiconductors in the 2nd quarter valued at about $27,000. Addison Advisors LLC lifted its stake in shares of NXP Semiconductors by 224.2% in the second quarter. Addison Advisors LLC now owns 107 shares of the semiconductor provider’s stock valued at $29,000 after purchasing an additional 74 shares during the period. Valley National Advisers Inc. lifted its stake in shares of NXP Semiconductors by 71.2% in the second quarter. Valley National Advisers Inc. now owns 125 shares of the semiconductor provider’s stock valued at $33,000 after purchasing an additional 52 shares during the period. Finally, Rise Advisors LLC purchased a new stake in NXP Semiconductors during the first quarter worth about $35,000. 90.54% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, insider Julie Southern purchased 146 shares of the firm’s stock in a transaction on Tuesday, July 30th. The shares were bought at an average price of $257.54 per share, for a total transaction of $37,600.84. Following the acquisition, the insider now directly owns 11,297 shares in the company, valued at $2,909,429.38. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. In other news, insider Julie Southern purchased 146 shares of the company’s stock in a transaction on Tuesday, July 30th. The stock was bought at an average cost of $257.54 per share, for a total transaction of $37,600.84. Following the completion of the purchase, the insider now directly owns 11,297 shares of the company’s stock, valued at $2,909,429.38. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Jennifer Wuamett sold 3,500 shares of NXP Semiconductors stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total value of $813,225.00. Following the completion of the transaction, the executive vice president now directly owns 30,269 shares in the company, valued at $7,033,002.15. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.11% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Get Our Latest Analysis on NXPI
NXP Semiconductors Trading Up 0.8 %
Shares of NXP Semiconductors stock opened at $238.10 on Friday. NXP Semiconductors has a fifty-two week low of $167.21 and a fifty-two week high of $296.08. The business’s fifty day moving average is $239.83 and its two-hundred day moving average is $253.23. The company has a quick ratio of 1.52, a current ratio of 2.21 and a debt-to-equity ratio of 1.04. The firm has a market cap of $60.88 billion, a PE ratio of 21.99, a P/E/G ratio of 2.58 and a beta of 1.49.
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last released its earnings results on Monday, July 22nd. The semiconductor provider reported $3.20 earnings per share for the quarter, topping the consensus estimate of $2.82 by $0.38. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.13 billion. NXP Semiconductors had a return on equity of 35.65% and a net margin of 21.21%. The firm’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the prior year, the business posted $3.04 earnings per share. Analysts anticipate that NXP Semiconductors will post 11.97 earnings per share for the current year.
NXP Semiconductors Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Investors of record on Thursday, September 12th were issued a $1.014 dividend. The ex-dividend date of this dividend was Thursday, September 12th. This represents a $4.06 dividend on an annualized basis and a yield of 1.70%. NXP Semiconductors’s payout ratio is 37.40%.
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.
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