6,566 Shares in NXP Semiconductors N.V. $NXPI Purchased by V Square Quantitative Management LLC

V Square Quantitative Management LLC bought a new position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,566 shares of the semiconductor provider’s stock, valued at approximately $1,425,000.

Several other institutional investors and hedge funds have also bought and sold shares of NXPI. JPL Wealth Management LLC acquired a new stake in shares of NXP Semiconductors in the 3rd quarter valued at $26,000. CNB Bank acquired a new stake in shares of NXP Semiconductors in the 3rd quarter valued at $28,000. Kelleher Financial Advisors acquired a new stake in shares of NXP Semiconductors in the 3rd quarter valued at $31,000. Wexford Capital LP acquired a new stake in shares of NXP Semiconductors in the 3rd quarter valued at $31,000. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of NXP Semiconductors in the 2nd quarter valued at $35,000. Institutional investors own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

NXPI has been the topic of a number of research analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of NXP Semiconductors in a report on Friday, January 16th. Mizuho reduced their target price on NXP Semiconductors from $285.00 to $255.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $240.00 target price on shares of NXP Semiconductors in a report on Wednesday, February 4th. Truist Financial reduced their target price on NXP Semiconductors from $265.00 to $255.00 and set a “buy” rating on the stock in a report on Tuesday, February 3rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of NXP Semiconductors in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $253.67.

NXP Semiconductors Stock Up 4.7%

Shares of NXPI opened at $204.27 on Thursday. NXP Semiconductors N.V. has a 52 week low of $152.21 and a 52 week high of $256.36. The stock has a market capitalization of $51.62 billion, a price-to-earnings ratio of 25.73, a PEG ratio of 0.87 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.38 and a current ratio of 2.05. The stock has a fifty day moving average of $214.01 and a 200-day moving average of $217.61.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor provider reported $3.35 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $0.04. NXP Semiconductors had a return on equity of 26.72% and a net margin of 16.47%.The company had revenue of $3.34 billion during the quarter, compared to analysts’ expectations of $3.30 billion. During the same period in the prior year, the company earned $3.18 EPS. NXP Semiconductors’s revenue was up 7.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Wednesday, March 25th will be given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, March 25th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 51.13%.

Insider Transactions at NXP Semiconductors

In related news, EVP Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $194.58, for a total transaction of $194,580.00. Following the completion of the transaction, the executive vice president directly owned 9,942 shares of the company’s stock, valued at $1,934,514.36. This trade represents a 9.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.12% of the stock is currently owned by corporate insiders.

About NXP Semiconductors

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.