Global Retirement Partners LLC Has $500,000 Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Global Retirement Partners LLC increased its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 5.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,083 shares of the semiconductor provider’s stock after acquiring an additional 116 shares during the period. Global Retirement Partners LLC’s holdings in NXP Semiconductors were worth $500,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Tamar Securities LLC acquired a new stake in NXP Semiconductors in the third quarter valued at approximately $374,000. Vontobel Holding Ltd. boosted its position in NXP Semiconductors by 2.8% in the third quarter. Vontobel Holding Ltd. now owns 272,412 shares of the semiconductor provider’s stock valued at $65,382,000 after buying an additional 7,387 shares in the last quarter. Opal Wealth Advisors LLC boosted its position in NXP Semiconductors by 11.9% in the third quarter. Opal Wealth Advisors LLC now owns 1,437 shares of the semiconductor provider’s stock valued at $345,000 after buying an additional 153 shares in the last quarter. Foster Victor Wealth Advisors LLC boosted its position in NXP Semiconductors by 4.2% in the third quarter. Foster Victor Wealth Advisors LLC now owns 41,227 shares of the semiconductor provider’s stock valued at $9,825,000 after buying an additional 1,677 shares in the last quarter. Finally, Lockerman Financial Group Inc. boosted its position in NXP Semiconductors by 9.1% in the third quarter. Lockerman Financial Group Inc. now owns 1,200 shares of the semiconductor provider’s stock valued at $288,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analysts Set New Price Targets

NXPI has been the topic of a number of research analyst reports. Cantor Fitzgerald cut their target price on shares of NXP Semiconductors from $350.00 to $270.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 8th. Citigroup raised their price target on shares of NXP Semiconductors from $150.00 to $220.00 and gave the company a “sell” rating in a research note on Monday, July 15th. UBS Group raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and raised their price target for the company from $275.00 to $285.00 in a research note on Monday, October 7th. Mizuho set a $290.00 price target on shares of NXP Semiconductors in a research note on Friday. Finally, Barclays raised their price target on shares of NXP Semiconductors from $280.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $288.90.

Insider Activity

In other news, EVP Jennifer Wuamett sold 3,500 shares of NXP Semiconductors stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total transaction of $813,225.00. Following the completion of the transaction, the executive vice president now directly owns 30,269 shares in the company, valued at $7,033,002.15. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other NXP Semiconductors news, insider Julie Southern acquired 146 shares of NXP Semiconductors stock in a transaction dated Tuesday, July 30th. The stock was purchased at an average cost 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. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Jennifer Wuamett sold 3,500 shares of NXP Semiconductors stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total transaction of $813,225.00. Following the transaction, the executive vice president now owns 30,269 shares of the company’s stock, valued at $7,033,002.15. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.11% of the company’s stock.

NXP Semiconductors Trading Down 1.4 %

NASDAQ:NXPI opened at $230.15 on Tuesday. 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 capitalization of $58.85 billion, a price-to-earnings ratio of 21.25, a PEG ratio of 2.63 and a beta of 1.49. The firm has a fifty day simple moving average of $239.36 and a two-hundred day simple moving average of $252.94. NXP Semiconductors has a 12 month low of $167.21 and a 12 month high of $296.08.

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

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend was Thursday, September 12th. NXP Semiconductors’s payout ratio is 37.40%.

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.