Diversified Trust Co Boosts Holdings in NXP Semiconductors (NASDAQ:NXPI)

Diversified Trust Co boosted its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 57.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,051 shares of the semiconductor provider’s stock after buying an additional 1,843 shares during the quarter. Diversified Trust Co’s holdings in NXP Semiconductors were worth $1,212,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of NXPI. Ossiam boosted its stake in NXP Semiconductors by 3.2% during the fourth quarter. Ossiam now owns 7,475 shares of the semiconductor provider’s stock worth $1,717,000 after buying an additional 234 shares during the period. State of Tennessee Treasury Department boosted its stake in NXP Semiconductors by 12.0% during the fourth quarter. State of Tennessee Treasury Department now owns 93,360 shares of the semiconductor provider’s stock worth $21,443,000 after buying an additional 10,038 shares during the period. Nomura Holdings Inc. purchased a new position in NXP Semiconductors during the fourth quarter worth $3,695,000. Icon Wealth Advisors LLC bought a new stake in shares of NXP Semiconductors during the fourth quarter worth $1,178,000. Finally, Ethic Inc. lifted its position in shares of NXP Semiconductors by 10.8% during the fourth quarter. Ethic Inc. now owns 30,868 shares of the semiconductor provider’s stock worth $7,090,000 after purchasing an additional 3,009 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on NXPI shares. Needham & Company LLC lifted their price objective on NXP Semiconductors from $280.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, July 23rd. Truist Financial dropped their price target on NXP Semiconductors from $291.00 to $287.00 and set a “buy” rating on the stock in a research note on Wednesday, July 24th. UBS Group upgraded NXP Semiconductors from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $275.00 to $285.00 in a research note on Monday. Cantor Fitzgerald dropped their target price on NXP Semiconductors from $350.00 to $270.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, Stifel Nicolaus upped their price objective on NXP Semiconductors from $240.00 to $275.00 and gave the stock a “hold” rating in a research report on Thursday, July 18th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $291.47.

NXP Semiconductors Stock Up 0.4 %

NASDAQ NXPI opened at $234.96 on Wednesday. The business has a fifty day moving average price of $240.81 and a 200 day moving average price of $253.52. NXP Semiconductors has a one year low of $167.21 and a one year high of $296.08. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.52 and a current ratio of 2.21. The company has a market cap of $60.08 billion, a P/E ratio of 21.70, a P/E/G ratio of 2.51 and a beta of 1.49.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Monday, July 22nd. The semiconductor provider reported $3.20 EPS for the quarter, beating the consensus estimate of $2.82 by $0.38. NXP Semiconductors had a return on equity of 35.65% and a net margin of 21.21%. The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same period in the prior year, the company earned $3.04 EPS. The firm’s revenue was down 5.2% compared to the same quarter last year. Research analysts anticipate that NXP Semiconductors will post 11.97 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th will be issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.73%. The ex-dividend date is Thursday, September 12th. NXP Semiconductors’s payout ratio is currently 37.40%.

Insider Buying and Selling at NXP Semiconductors

In related news, insider Julie Southern bought 146 shares of the company’s stock in a transaction on Tuesday, July 30th. The stock was bought at an average cost of $257.54 per share, for a total transaction of $37,600.84. Following the acquisition, the insider now directly owns 11,297 shares in the company, valued at $2,909,429.38. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, insider Julie Southern bought 146 shares of the company’s stock in a transaction on Tuesday, July 30th. The stock was bought at an average cost of $257.54 per share, for a total transaction of $37,600.84. Following the acquisition, the insider now directly owns 11,297 shares in the company, valued at $2,909,429.38. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Jennifer Wuamett sold 3,500 shares of the company’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total value of $813,225.00. Following the completion of the sale, the executive vice president now owns 30,269 shares of the company’s stock, valued at approximately $7,033,002.15. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.11% of the stock is owned by company insiders.

NXP Semiconductors Company 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.