United Capital Financial Advisors LLC Invests $1.06 Million in NXP Semiconductors N.V. $NXPI

United Capital Financial Advisors LLC purchased a new position in NXP Semiconductors N.V. (NASDAQ:NXPI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,778 shares of the semiconductor provider’s stock, valued at approximately $1,062,000.

Other large investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new position in NXP Semiconductors in the 3rd quarter worth $26,000. SHP Wealth Management bought a new stake in shares of NXP Semiconductors during the 4th quarter valued at about $27,000. Allied Private Wealth LLC purchased a new position in shares of NXP Semiconductors during the second quarter valued at about $28,000. Fiduciary Financial Advisors bought a new position in NXP Semiconductors in the second quarter worth about $28,000. Finally, Acumen Wealth Advisors LLC purchased a new stake in NXP Semiconductors in the fourth quarter worth about $28,000. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Trading Down 1.0%

NASDAQ NXPI opened at $223.58 on Friday. NXP Semiconductors N.V. has a 12 month low of $183.00 and a 12 month high of $339.95. The stock has a market cap of $56.38 billion, a P/E ratio of 19.08, a P/E/G ratio of 0.76 and a beta of 1.81. The stock’s fifty day moving average price is $257.48 and its 200-day moving average price is $252.32. The company has a current ratio of 2.04, a quick ratio of 1.36 and a debt-to-equity ratio of 0.88.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $0.09. The firm had revenue of $3.50 billion during the quarter, compared to analyst estimates of $3.47 billion. NXP Semiconductors had a return on equity of 27.83% and a net margin of 22.56%.NXP Semiconductors’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.72 EPS. As a group, equities analysts forecast that NXP Semiconductors N.V. will post 13.73 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Stockholders of record on Wednesday, June 24th were issued a dividend of $1.014 per share. The ex-dividend date was Wednesday, June 24th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.8%. NXP Semiconductors’s dividend payout ratio is presently 34.64%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on NXPI. Oppenheimer upped their target price on NXP Semiconductors from $300.00 to $325.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $400.00 price target on shares of NXP Semiconductors in a research note on Monday, August 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of NXP Semiconductors in a report on Friday, July 31st. Bank of America reissued a “neutral” rating on shares of NXP Semiconductors in a research report on Wednesday, July 29th. Finally, Barclays upped their target price on shares of NXP Semiconductors from $295.00 to $340.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Sixteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $305.43.

Insider Buying and Selling

In related news, 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 transaction, the executive vice president directly owned 3,643 shares of the company’s stock, valued at approximately $1,153,118.79. This represents a 32.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $315.57, for a total value of $315,570.00. Following the sale, the executive vice president owned 8,942 shares in the company, valued at approximately $2,821,826.94. This represents a 10.06% decrease in their ownership of the stock. 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. Corporate insiders own 0.05% of the company’s stock.

NXP Semiconductors 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.