Stephens Inc. AR Purchases 1,952 Shares of NXP Semiconductors N.V. $NXPI

Stephens Inc. AR raised its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 2.8% in the fourth quarter, Holdings Channel reports. The fund owned 71,120 shares of the semiconductor provider’s stock after buying an additional 1,952 shares during the quarter. Stephens Inc. AR’s holdings in NXP Semiconductors were worth $15,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of NXP Semiconductors by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 13,612,546 shares of the semiconductor provider’s stock valued at $2,954,739,000 after buying an additional 293,558 shares during the last quarter. Wellington Management Group LLP raised its position in shares of NXP Semiconductors by 11.9% during the third quarter. Wellington Management Group LLP now owns 12,583,718 shares of the semiconductor provider’s stock valued at $2,865,690,000 after buying an additional 1,333,920 shares during the last quarter. State Street Corp raised its position in shares of NXP Semiconductors by 0.5% during the third quarter. State Street Corp now owns 10,988,061 shares of the semiconductor provider’s stock valued at $2,512,283,000 after buying an additional 53,261 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of NXP Semiconductors by 1.6% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,849,741 shares of the semiconductor provider’s stock valued at $1,703,865,000 after buying an additional 121,419 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of NXP Semiconductors by 3.2% during the third quarter. Invesco Ltd. now owns 4,755,687 shares of the semiconductor provider’s stock valued at $1,083,013,000 after buying an additional 147,192 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NASDAQ:NXPI opened at $291.50 on Friday. NXP Semiconductors N.V. has a 12-month low of $183.00 and a 12-month high of $306.62. The company has a quick ratio of 1.55, a current ratio of 2.24 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $73.60 billion, a PE ratio of 27.89, a price-to-earnings-growth ratio of 1.06 and a beta of 1.77. The firm has a 50-day moving average price of $224.91 and a 200 day moving average price of $223.12.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.07. NXP Semiconductors had a net margin of 21.03% and a return on equity of 26.75%. The firm had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same quarter in the prior year, the business posted $2.64 earnings per share. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. Research analysts anticipate that NXP Semiconductors N.V. will post 13.38 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Wednesday, March 25th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, March 25th. NXP Semiconductors’s dividend payout ratio is 38.76%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Susquehanna upped their price objective on shares of NXP Semiconductors from $210.00 to $250.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Oppenheimer upped their price objective on shares of NXP Semiconductors from $250.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NXP Semiconductors in a research report on Wednesday, April 29th. Barclays upped their price objective on shares of NXP Semiconductors from $295.00 to $340.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Finally, Loop Capital upped their price objective on shares of NXP Semiconductors from $275.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average price target of $294.25.

Insider Buying and Selling

In related news, EVP Christopher L. Jensen sold 4,576 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $234.03, for a total value of $1,070,921.28. Following the completion of the transaction, the executive vice president owned 5,389 shares of the company’s stock, valued at $1,261,187.67. This represents a 45.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Hardy sold 5,289 shares of the stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $235.00, for a total transaction of $1,242,915.00. Following the completion of the transaction, the executive vice president directly owned 2,020 shares of the company’s stock, valued at $474,700. This trade represents a 72.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,865 shares of company stock valued at $2,508,416 over the last quarter. Corporate insiders own 0.12% of the company’s stock.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.