Mizuho Markets Americas LLC Makes New $390,000 Investment in NXP Semiconductors N.V. $NXPI

Mizuho Markets Americas LLC purchased a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,982 shares of the semiconductor provider’s stock, valued at approximately $390,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NXPI. JPL Wealth Management LLC purchased a new stake in NXP Semiconductors during the third quarter valued at approximately $26,000. SHP Wealth Management bought a new position in NXP Semiconductors in the fourth quarter worth approximately $27,000. Acumen Wealth Advisors LLC purchased a new position in shares of NXP Semiconductors during the 4th quarter worth $28,000. Jessup Wealth Management Inc purchased a new position in shares of NXP Semiconductors during the 4th quarter worth $29,000. Finally, Quattro Advisors LLC purchased a new position in shares of NXP Semiconductors during the 4th quarter worth $30,000. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NXPI shares. Weiss Ratings upgraded NXP Semiconductors from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Mizuho lifted their target price on NXP Semiconductors from $188.00 to $200.00 and gave the company an “underperform” rating in a research report on Wednesday, April 29th. Oppenheimer boosted their price target on NXP Semiconductors from $250.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Citigroup restated a “neutral” rating on shares of NXP Semiconductors in a research report on Monday, July 13th. Finally, BNP Paribas Exane raised their price objective on NXP Semiconductors from $270.00 to $310.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Sixteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $306.59.

Insider Buying and Selling

In related news, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $315.57, for a total value of $315,570.00. Following the transaction, the executive vice president directly owned 8,942 shares of the company’s stock, valued at approximately $2,821,826.94. The trade was a 10.06% decrease in their position. The transaction was disclosed in a document filed 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 company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $316.53, for a total value of $552,661.38. Following the completion of the transaction, the executive vice president owned 3,643 shares of the company’s stock, valued at $1,153,118.79. The trade was a 32.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by insiders.

NXP Semiconductors Trading Down 0.5%

Shares of NXP Semiconductors stock opened at $277.29 on Friday. NXP Semiconductors N.V. has a fifty-two week low of $183.00 and a fifty-two week high of $339.95. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.55 and a current ratio of 2.24. The company has a market capitalization of $70.01 billion, a P/E ratio of 26.53, a P/E/G ratio of 1.16 and a beta of 1.79. The company has a fifty day moving average of $296.33 and a 200 day moving average of $252.24.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.07. The business had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.14 billion. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm earned $2.64 earnings per share. On average, sell-side analysts anticipate that NXP Semiconductors N.V. will post 13.46 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Wednesday, June 24th were paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Wednesday, June 24th. NXP Semiconductors’s dividend payout ratio (DPR) is 38.85%.

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.