Shepherd Street Advisors LLC Takes Position in NXP Semiconductors N.V. $NXPI

Shepherd Street Advisors LLC bought a new position in NXP Semiconductors N.V. (NASDAQ:NXPI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,932 shares of the semiconductor provider’s stock, valued at approximately $419,000.

Several other institutional investors have also added to or reduced their stakes in NXPI. JPL Wealth Management LLC bought a new position in shares of NXP Semiconductors during the third quarter valued at about $26,000. Wexford Capital LP bought a new position in NXP Semiconductors during the 3rd quarter valued at approximately $31,000. Kelleher Financial Advisors purchased a new stake in NXP Semiconductors in the 3rd quarter worth approximately $31,000. Community Bank N.A. bought a new stake in shares of NXP Semiconductors in the 3rd quarter worth approximately $37,000. Finally, Cornerstone Planning Group LLC increased its stake in shares of NXP Semiconductors by 1,092.9% during the third quarter. Cornerstone Planning Group LLC now owns 167 shares of the semiconductor provider’s stock valued at $38,000 after buying an additional 153 shares during the period. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NXP Semiconductors stock opened at $321.88 on Thursday. NXP Semiconductors N.V. has a twelve month low of $183.00 and a twelve month high of $339.95. 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 company has a market capitalization of $81.27 billion, a P/E ratio of 30.80, a PEG ratio of 1.17 and a beta of 1.77. The stock’s 50 day moving average is $255.73 and its 200 day moving average is $233.10.

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

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Wednesday, March 25th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, March 25th. NXP Semiconductors’s dividend payout ratio is 38.85%.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, EVP Andrew Hardy sold 5,289 shares of NXP Semiconductors stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $235.00, for a total value 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 approximately $474,700. The trade was a 72.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 1,746 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $316.53, for a total transaction of $552,661.38. Following the sale, the executive vice president owned 3,643 shares in the company, valued at approximately $1,153,118.79. The trade was a 32.40% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 12,611 shares of company stock worth $3,061,078. 0.05% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Susquehanna lifted their price target on shares of NXP Semiconductors from $210.00 to $250.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Evercore increased their price target on shares of NXP Semiconductors from $260.00 to $320.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lifted their price objective on NXP Semiconductors from $250.00 to $295.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Barclays increased their target price on NXP Semiconductors from $295.00 to $340.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Finally, Morgan Stanley lifted their price target on NXP Semiconductors from $299.00 to $335.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $294.25.

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.