NXP Semiconductors N.V. $NXPI Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 83,053 shares of the semiconductor provider’s stock after acquiring an additional 2,163 shares during the period. Daiwa Securities Group Inc.’s holdings in NXP Semiconductors were worth $18,027,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in NXPI. JPL Wealth Management LLC acquired a new stake in shares of NXP Semiconductors during the third quarter valued at $26,000. Kelleher Financial Advisors acquired a new stake in shares of NXP Semiconductors during the third quarter valued at $31,000. Wexford Capital LP acquired a new stake in shares of NXP Semiconductors during the third quarter valued at $31,000. Community Bank N.A. purchased a new position in shares of NXP Semiconductors during the 3rd quarter worth $37,000. Finally, Cornerstone Planning Group LLC lifted its stake in shares of NXP Semiconductors by 1,092.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 167 shares of the semiconductor provider’s stock worth $38,000 after purchasing an additional 153 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Needham & Company LLC increased their price target on NXP Semiconductors from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Stifel Nicolaus increased their target price on NXP Semiconductors from $215.00 to $250.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Morgan Stanley raised their price target on NXP Semiconductors from $299.00 to $335.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group reissued a “buy” rating on shares of NXP Semiconductors in a research note on Wednesday, April 29th. Finally, BNP Paribas Exane raised their price target on NXP Semiconductors from $270.00 to $310.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $294.25.

NXP Semiconductors Stock Down 8.1%

Shares of NASDAQ:NXPI opened at $295.96 on Friday. The stock’s 50-day moving average price is $260.21 and its two-hundred day moving average price is $234.41. The company has a current ratio of 2.24, a quick ratio of 1.55 and a debt-to-equity ratio of 1.00. NXP Semiconductors N.V. has a 12-month low of $183.00 and a 12-month high of $339.95. The firm has a market cap of $74.72 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 1.16 and a beta of 1.77.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.98 by $0.07. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.The firm had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period last year, the company earned $2.64 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. On average, research analysts forecast that NXP Semiconductors N.V. will post 13.38 EPS for the current year.

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Wednesday, March 25th were issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Wednesday, March 25th. NXP Semiconductors’s dividend payout ratio (DPR) is 38.85%.

Insider Transactions at NXP Semiconductors

In other news, EVP Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $194.58, for a total value of $194,580.00. Following the transaction, the executive vice president directly owned 9,942 shares in the company, valued at $1,934,514.36. This trade represents a 9.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Christopher L. Jensen sold 4,576 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $234.03, for a total value of $1,070,921.28. Following the completion of the transaction, the executive vice president owned 5,389 shares in the company, valued at approximately $1,261,187.67. This trade represents a 45.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,611 shares of company stock worth $3,061,078 in the last three months. 0.05% of the stock is currently owned by company insiders.

NXP Semiconductors Profile

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.