NXP Semiconductors (NASDAQ:NXPI) Position Increased by Marshall Financial Group LLC

Marshall Financial Group LLC lifted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 15.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 4,924 shares of the semiconductor provider’s stock after buying an additional 666 shares during the quarter. Marshall Financial Group LLC’s holdings in NXP Semiconductors were worth $1,220,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of NXPI. Future Financial Wealth Managment LLC bought a new position in shares of NXP Semiconductors during the first quarter valued at approximately $25,000. FinTrust Capital Advisors LLC grew its stake in NXP Semiconductors by 75.4% during the 4th quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock worth $26,000 after buying an additional 49 shares during the last quarter. Valley National Advisers Inc. increased its position in NXP Semiconductors by 98.6% in the fourth quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock worth $31,000 after buying an additional 68 shares during the period. Rise Advisors LLC bought a new stake in NXP Semiconductors in the first quarter valued at $35,000. Finally, ICA Group Wealth Management LLC bought a new stake in NXP Semiconductors in the fourth quarter valued at $33,000. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on NXPI shares. Needham & Company LLC increased their price objective on shares of NXP Semiconductors from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Oppenheimer lifted their price target on NXP Semiconductors from $250.00 to $295.00 and gave the company an “outperform” rating in a report on Wednesday, May 1st. UBS Group increased their price objective on NXP Semiconductors from $230.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, May 1st. Wells Fargo & Company lifted their target price on NXP Semiconductors from $285.00 to $305.00 and gave the company an “overweight” rating in a research note on Wednesday, May 22nd. Finally, Evercore ISI boosted their price target on NXP Semiconductors from $300.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average target price of $267.80.

NXP Semiconductors Stock Up 0.1 %

Shares of NASDAQ NXPI traded up $0.25 during mid-day trading on Thursday, reaching $272.29. The company had a trading volume of 1,084,497 shares, compared to its average volume of 1,680,881. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.64 and a current ratio of 2.35. NXP Semiconductors has a twelve month low of $167.21 and a twelve month high of $286.87. The stock’s 50 day moving average is $267.51 and its 200-day moving average is $244.09. The stock has a market capitalization of $69.62 billion, a PE ratio of 25.14, a price-to-earnings-growth ratio of 2.54 and a beta of 1.49.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Monday, April 29th. The semiconductor provider reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.07. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.13 billion. NXP Semiconductors had a return on equity of 37.65% and a net margin of 21.24%. As a group, equities analysts anticipate that NXP Semiconductors will post 12.47 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 10th. Shareholders of record on Thursday, June 13th will be paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Thursday, June 13th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 37.40%.

Insider Transactions at NXP Semiconductors

In related news, CEO Kurt Sievers sold 8,548 shares of NXP Semiconductors stock in a transaction on Monday, June 10th. The shares were sold at an average price of $275.75, for a total value of $2,357,111.00. Following the completion of the sale, the chief executive officer now owns 177,889 shares of the company’s stock, valued at approximately $49,052,891.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.11% of the stock is currently owned by company insiders.

NXP Semiconductors Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.