Thompson Siegel & Walmsley LLC Sells 11,600 Shares of NXP Semiconductors (NASDAQ:NXPI)

Thompson Siegel & Walmsley LLC lowered its position in shares of NXP Semiconductors (NASDAQ:NXPI – Get Rating) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 568,443 shares of the semiconductor provider’s stock after selling 11,600 shares during the quarter. NXP Semiconductors accounts for about 1.5% of Thompson Siegel & Walmsley LLC’s holdings, making the stock its 10th largest position. Thompson Siegel & Walmsley LLC owned approximately 0.22% of NXP Semiconductors worth $89,831,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in NXPI. BDO Wealth Advisors LLC grew its stake in shares of NXP Semiconductors by 239.2% in the 4th quarter. BDO Wealth Advisors LLC now owns 173 shares of the semiconductor provider’s stock valued at $27,000 after buying an additional 122 shares in the last quarter. Massmutual Trust Co. FSB ADV lifted its position in shares of NXP Semiconductors by 148.1% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 196 shares of the semiconductor provider’s stock worth $31,000 after purchasing an additional 117 shares during the last quarter. Optiver Holding B.V. bought a new stake in NXP Semiconductors in the 4th quarter valued at $32,000. Old North State Trust LLC bought a new stake in NXP Semiconductors in the 3rd quarter valued at $39,000. Finally, Affiance Financial LLC bought a new stake in NXP Semiconductors in the 4th quarter valued at $52,000. Institutional investors and hedge funds own 88.70% of the company’s stock.

Insiders Place Their Bets

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 15,000 shares of the firm’s stock in a transaction dated Friday, May 5th. The stock was sold at an average price of $166.52, for a total transaction of $2,497,800.00. Following the transaction, the executive vice president now owns 30,569 shares in the company, valued at $5,090,349.88. The sale was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

NXPI has been the topic of several recent research reports. BMO Capital Markets lifted their price objective on NXP Semiconductors from $160.00 to $180.00 and gave the stock a “market perform” rating in a report on Wednesday, February 1st. Barclays lifted their price objective on NXP Semiconductors from $160.00 to $170.00 in a report on Wednesday, May 3rd. Oppenheimer upped their target price on shares of NXP Semiconductors from $175.00 to $205.00 and gave the company an “outperform” rating in a research note on Wednesday, February 1st. Needham & Company LLC upped their target price on shares of NXP Semiconductors from $235.00 to $250.00 in a research note on Tuesday, May 2nd. Finally, Stifel Nicolaus upped their target price on shares of NXP Semiconductors from $160.00 to $168.00 and gave the company a “hold” rating in a research note on Wednesday, February 1st. Ten investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $190.09.

NXP Semiconductors Trading Up 5.4 %

Shares of NXPI traded up $9.31 on Friday, reaching $180.65. 1,279,442 shares of the company’s stock were exchanged, compared to its average volume of 2,068,849. The business has a 50 day moving average price of $171.86 and a two-hundred day moving average price of $172.44. NXP Semiconductors has a 12 month low of $132.08 and a 12 month high of $198.28. The stock has a market capitalization of $46.88 billion, a P/E ratio of 16.43, a price-to-earnings-growth ratio of 0.65 and a beta of 1.51. The company has a current ratio of 1.75, a quick ratio of 1.28 and a debt-to-equity ratio of 1.28.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 6th. Shareholders of record on Wednesday, June 14th will be issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Tuesday, June 13th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 38.93%.

About NXP Semiconductors

(Get Rating)

NXP Semiconductors NV is a holding company, which engages in the provision of semiconductor solutions. Its portfolio includes intellectual property, deep application knowledge, process technology and manufacturing expertise in the domains of cryptography-security, high-speed interface, radio frequency (RF), mixed-signal analog-digital, power management, digital signal processing, and embedded system design.