Jackson Creek Investment Advisors LLC Invests $239,000 in NXP Semiconductors (NASDAQ:NXPI)

Jackson Creek Investment Advisors LLC bought a new stake in NXP Semiconductors (NASDAQ:NXPI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 889 shares of the semiconductor provider’s stock, valued at approximately $239,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of NXPI. Future Financial Wealth Managment LLC purchased a new stake in shares of NXP Semiconductors in the first quarter valued at about $25,000. FinTrust Capital Advisors LLC raised 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 valued at $26,000 after acquiring an additional 49 shares during the last quarter. Family Firm Inc. acquired a new stake in NXP Semiconductors during the 2nd quarter worth approximately $27,000. LifeSteps Financial Inc. acquired a new stake in NXP Semiconductors during the 1st quarter worth approximately $30,000. Finally, ICA Group Wealth Management LLC purchased a new position in shares of NXP Semiconductors in the 4th quarter valued at approximately $33,000. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $238.86 on Thursday. The company has a current ratio of 2.21, a quick ratio of 1.52 and a debt-to-equity ratio of 1.04. The stock has a market cap of $61.07 billion, a price-to-earnings ratio of 22.06, a PEG ratio of 2.77 and a beta of 1.49. The company’s 50-day moving average price is $258.20 and its 200 day moving average price is $255.39. NXP Semiconductors has a 52 week low of $167.21 and a 52 week high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, July 22nd. The semiconductor provider reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.82 by $0.38. NXP Semiconductors had a net margin of 21.21% and a return on equity of 35.65%. The business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.13 billion. During the same period last year, the company posted $3.04 EPS. The company’s revenue was down 5.2% on a year-over-year basis. As a group, research analysts forecast that NXP Semiconductors will post 11.97 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 9th. Investors of record on Thursday, September 12th will be paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Thursday, September 12th. NXP Semiconductors’s payout ratio is currently 37.40%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Stifel Nicolaus increased their price target on NXP Semiconductors from $240.00 to $275.00 and gave the stock a “hold” rating in a report on Thursday, July 18th. Cantor Fitzgerald restated an “overweight” rating and issued a $350.00 target price on shares of NXP Semiconductors in a research note on Tuesday, July 23rd. TD Cowen dropped their price target on shares of NXP Semiconductors from $330.00 to $310.00 and set a “buy” rating on the stock in a research note on Wednesday, July 24th. Jefferies Financial Group began coverage on shares of NXP Semiconductors in a report on Monday, May 13th. They set a “buy” rating and a $325.00 price target for the company. Finally, Mizuho raised NXP Semiconductors from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $265.00 to $325.00 in a report on Friday, May 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.89.

Insider Buying and Selling

In other news, CEO Kurt Sievers sold 8,548 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 177,889 shares of the company’s stock, valued at $49,052,891.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other NXP Semiconductors news, insider Julie Southern acquired 146 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The shares were acquired at an average price of $257.54 per share, for a total transaction of $37,600.84. Following the completion of the acquisition, the insider now directly owns 11,297 shares of the company’s stock, valued at $2,909,429.38. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Kurt Sievers sold 8,548 shares of the company’s 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 transaction, the chief executive officer now owns 177,889 shares of the company’s stock, valued at $49,052,891.75. The disclosure for this sale can be found here. 0.11% of the stock is currently owned by company insiders.

About NXP Semiconductors

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.