11,095 Shares of NXP Semiconductors N.V. $NXPI Acquired by Kintegral Advisory LLC

Kintegral Advisory LLC purchased a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 11,095 shares of the semiconductor provider’s stock, valued at approximately $2,647,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in NXP Semiconductors during the 2nd quarter valued at approximately $6,716,412,000. State Street Corp lifted its position in shares of NXP Semiconductors by 6.4% in the 2nd quarter. State Street Corp now owns 11,699,143 shares of the semiconductor provider’s stock worth $3,298,932,000 after purchasing an additional 702,099 shares during the period. Invesco Ltd. boosted its stake in shares of NXP Semiconductors by 17.2% in the 4th quarter. Invesco Ltd. now owns 5,574,672 shares of the semiconductor provider’s stock valued at $1,210,038,000 after purchasing an additional 818,985 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of NXP Semiconductors in the 2nd quarter valued at $1,169,846,000. Finally, Van ECK Associates Corp bought a new stake in shares of NXP Semiconductors in the 2nd quarter valued at $1,167,458,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Down 0.8%

NASDAQ NXPI traded down $1.76 on Friday, hitting $229.33. 4,575,847 shares of the company were exchanged, compared to its average volume of 3,314,961. The company has a current ratio of 2.04, a quick ratio of 1.36 and a debt-to-equity ratio of 0.88. The company has a market cap of $57.83 billion, a PE ratio of 19.57, a PEG ratio of 0.78 and a beta of 1.80. The stock has a fifty day moving average of $229.94 and a 200-day moving average of $255.96. NXP Semiconductors N.V. has a 12 month low of $183.00 and a 12 month high of $339.95.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share for the quarter, beating the consensus estimate of $3.52 by $0.09. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The firm had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the previous year, the firm posted $2.72 earnings per share. The business’s revenue was up 19.5% compared to the same quarter last year. As a group, analysts forecast that NXP Semiconductors N.V. will post 13.75 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th were paid a $1.0140 dividend. The ex-dividend date was Wednesday, September 16th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 34.64%.

Insider Activity

In related news, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $226.04, for a total value of $226,040.00. Following the completion of the sale, the executive vice president directly owned 7,942 shares of the company’s stock, valued at $1,795,209.68. The trade was a 11.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher Jensen sold 3,355 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $240.00, for a total value of $805,200.00. Following the completion of the sale, the executive vice president directly owned 288 shares of the company’s stock, valued at $69,120. The trade was a 92.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on NXPI shares. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price objective on shares of NXP Semiconductors in a research report on Wednesday, July 29th. Bank of America restated a “neutral” rating on shares of NXP Semiconductors in a report on Wednesday, July 29th. Stifel Nicolaus cut their price target on shares of NXP Semiconductors from $282.00 to $265.00 and set a “hold” rating on the stock in a research report on Monday, October 5th. TD Cowen decreased their price target on NXP Semiconductors from $340.00 to $290.00 and set a “buy” rating for the company in a report on Wednesday, July 29th. Finally, Oppenheimer lifted their price objective on NXP Semiconductors from $300.00 to $325.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Sixteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $304.91.

NXP Semiconductors Profile

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands. The company develops and supplies secure connectivity and processing solutions for automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure applications.

Its product portfolio includes microcontrollers and application processors, automotive networking and processing chips, analog and power-management devices, radio-frequency and wireless connectivity products, sensors, and embedded security solutions.