Brown Advisory Securities LLC Has $296,000 Holdings in NXP Semiconductors (NASDAQ:NXPI)

Brown Advisory Securities LLC reduced its stake in shares of NXP Semiconductors (NASDAQ:NXPIGet Rating) by 55.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 1,592 shares of the semiconductor provider’s stock after selling 1,966 shares during the quarter. Brown Advisory Securities LLC’s holdings in NXP Semiconductors were worth $296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of NXPI. Checchi Capital Advisers LLC raised its stake in shares of NXP Semiconductors by 2.8% in the 4th quarter. Checchi Capital Advisers LLC now owns 1,807 shares of the semiconductor provider’s stock valued at $412,000 after buying an additional 50 shares in the last quarter. Midwest Professional Planners LTD. raised its stake in shares of NXP Semiconductors by 2.2% in the 4th quarter. Midwest Professional Planners LTD. now owns 2,552 shares of the semiconductor provider’s stock valued at $581,000 after buying an additional 54 shares in the last quarter. Walleye Capital LLC raised its stake in shares of NXP Semiconductors by 2.8% in the 4th quarter. Walleye Capital LLC now owns 2,022 shares of the semiconductor provider’s stock valued at $461,000 after buying an additional 55 shares in the last quarter. Parsons Capital Management Inc. RI raised its stake in shares of NXP Semiconductors by 2.0% in the 4th quarter. Parsons Capital Management Inc. RI now owns 2,851 shares of the semiconductor provider’s stock valued at $649,000 after buying an additional 56 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its stake in shares of NXP Semiconductors by 9.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 672 shares of the semiconductor provider’s stock valued at $153,000 after buying an additional 56 shares in the last quarter. 89.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on NXPI shares. Wells Fargo & Company dropped their price objective on shares of NXP Semiconductors from $240.00 to $200.00 and set an “overweight” rating for the company in a research note on Monday, July 11th. Piper Sandler lowered their target price on shares of NXP Semiconductors from $210.00 to $175.00 in a report on Tuesday, May 3rd. Susquehanna lowered their target price on shares of NXP Semiconductors from $225.00 to $200.00 and set a “neutral” rating on the stock in a report on Wednesday, May 4th. UBS Group lowered their target price on shares of NXP Semiconductors from $170.00 to $160.00 in a report on Wednesday, May 4th. Finally, Mizuho lowered their target price on shares of NXP Semiconductors from $205.00 to $200.00 and set a “neutral” rating on the stock in a report on Wednesday, July 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $204.95.

NXP Semiconductors Stock Down 1.4 %

Shares of NASDAQ NXPI opened at $181.66 on Friday. The firm has a market capitalization of $47.70 billion, a PE ratio of 19.83, a price-to-earnings-growth ratio of 0.66 and a beta of 1.48. The company has a current ratio of 2.15, a quick ratio of 1.65 and a debt-to-equity ratio of 1.54. NXP Semiconductors has a 1 year low of $140.33 and a 1 year high of $239.91. The firm’s 50-day moving average is $168.25 and its 200-day moving average is $178.96.

NXP Semiconductors (NASDAQ:NXPIGet Rating) last issued its earnings results on Monday, July 25th. The semiconductor provider reported $3.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.05 by $0.50. The company had revenue of $3.31 billion for the quarter, compared to analyst estimates of $3.27 billion. NXP Semiconductors had a net margin of 19.83% and a return on equity of 49.45%. The company’s revenue for the quarter was up 27.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.05 EPS. Equities analysts expect that NXP Semiconductors will post 12.72 EPS for the current year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 6th. Investors of record on Wednesday, June 15th were given a $0.845 dividend. The ex-dividend date was Tuesday, June 14th. This represents a $3.38 dividend on an annualized basis and a dividend yield of 1.86%. NXP Semiconductors’s dividend payout ratio is 36.90%.

NXP Semiconductors Profile

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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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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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