Stephens Inc. AR Buys 4,161 Shares of NXP Semiconductors N.V. $NXPI

Stephens Inc. AR grew its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 6.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,168 shares of the semiconductor provider’s stock after acquiring an additional 4,161 shares during the quarter. Stephens Inc. AR’s holdings in NXP Semiconductors were worth $15,752,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Eastern Bank raised its holdings in shares of NXP Semiconductors by 25.6% in the 3rd quarter. Eastern Bank now owns 735 shares of the semiconductor provider’s stock worth $167,000 after acquiring an additional 150 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of NXP Semiconductors by 1.6% in the third quarter. Concurrent Investment Advisors LLC now owns 13,522 shares of the semiconductor provider’s stock worth $3,079,000 after purchasing an additional 208 shares during the last quarter. TD Private Client Wealth LLC raised its stake in shares of NXP Semiconductors by 12.4% in the third quarter. TD Private Client Wealth LLC now owns 3,961 shares of the semiconductor provider’s stock worth $902,000 after purchasing an additional 436 shares during the last quarter. Quent Capital LLC bought a new position in shares of NXP Semiconductors in the third quarter valued at approximately $97,000. Finally, Nordea Investment Management AB boosted its position in shares of NXP Semiconductors by 7.2% during the third quarter. Nordea Investment Management AB now owns 689,579 shares of the semiconductor provider’s stock valued at $155,686,000 after buying an additional 46,426 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Truist Financial upped their price objective on shares of NXP Semiconductors from $254.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Evercore ISI increased their price target on NXP Semiconductors from $289.00 to $292.00 in a research report on Wednesday, October 29th. Stifel Nicolaus set a $215.00 price target on NXP Semiconductors in a report on Tuesday, October 28th. Weiss Ratings restated a “hold (c)” rating on shares of NXP Semiconductors in a research note on Wednesday, October 8th. Finally, TD Cowen decreased their target price on NXP Semiconductors from $270.00 to $260.00 and set a “buy” rating for the company in a research report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $260.62.

NXP Semiconductors Stock Up 0.3%

NXPI opened at $239.09 on Wednesday. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $255.45. The company has a current ratio of 2.37, a quick ratio of 1.69 and a debt-to-equity ratio of 1.09. The business’s 50-day moving average price is $216.17 and its 200-day moving average price is $220.59. The company has a market cap of $60.17 billion, a P/E ratio of 29.59, a P/E/G ratio of 3.00 and a beta of 1.46.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Tuesday, October 28th. The semiconductor provider reported $3.11 earnings per share for the quarter, missing the consensus estimate of $3.12 by ($0.01). The firm had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.15 billion. NXP Semiconductors had a net margin of 17.11% and a return on equity of 26.92%. The company’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period in the previous year, the company earned $3.45 EPS. On average, equities analysts expect that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 10th were given a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, December 10th. NXP Semiconductors’s dividend payout ratio (DPR) is 50.12%.

Insiders Place Their Bets

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 12,425 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $220.94, for a total value of $2,745,179.50. Following the sale, the executive vice president directly owned 11,811 shares of the company’s stock, valued at approximately $2,609,522.34. The trade was a 51.27% decrease 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 Christopher L. Jensen sold 2,300 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $228.17, for a total value of $524,791.00. Following the transaction, the executive vice president owned 9,965 shares of the company’s stock, valued at $2,273,714.05. The trade was a 18.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 23,097 shares of company stock worth $5,003,058. 0.12% of the stock is currently owned by company insiders.

About NXP Semiconductors

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.