Semper Augustus Investments Group LLC Reduces Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Semper Augustus Investments Group LLC lowered its holdings in NXP Semiconductors (NASDAQ:NXPI) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,688 shares of the semiconductor provider’s stock after selling 188 shares during the quarter. NXP Semiconductors accounts for 0.5% of Semper Augustus Investments Group LLC’s holdings, making the stock its 20th biggest position. Semper Augustus Investments Group LLC’s holdings in NXP Semiconductors were worth $2,845,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. SeaCrest Wealth Management LLC lifted its holdings in NXP Semiconductors by 24.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 1,896 shares of the semiconductor provider’s stock valued at $394,000 after acquiring an additional 375 shares during the period. Fifth Third Wealth Advisors LLC increased its holdings in shares of NXP Semiconductors by 32.7% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 2,563 shares of the semiconductor provider’s stock valued at $533,000 after purchasing an additional 631 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of NXP Semiconductors by 19.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,484 shares of the semiconductor provider’s stock valued at $309,000 after purchasing an additional 240 shares during the period. Pinnacle Bancorp Inc. grew its position in NXP Semiconductors by 38.9% during the fourth quarter. Pinnacle Bancorp Inc. now owns 628 shares of the semiconductor provider’s stock valued at $131,000 after buying an additional 176 shares during the period. Finally, Outlook Wealth Advisors LLC grew its position in NXP Semiconductors by 25.6% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,852 shares of the semiconductor provider’s stock valued at $385,000 after buying an additional 377 shares during the period. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $210.73 on Friday. The firm has a 50-day simple moving average of $188.44 and a 200-day simple moving average of $209.00. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $53.24 billion, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of 3.01 and a beta of 1.38. NXP Semiconductors has a 52 week low of $148.09 and a 52 week high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Monday, April 28th. The semiconductor provider reported $2.64 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.05. NXP Semiconductors had a net margin of 19.90% and a return on equity of 31.45%. The company had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the prior year, the firm earned $3.24 EPS. NXP Semiconductors’s quarterly revenue was down 9.3% on a year-over-year basis. On average, equities analysts predict that NXP Semiconductors will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a yield of 1.92%. NXP Semiconductors’s payout ratio is 44.12%.

Insiders Place Their Bets

In other news, COO Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction on Monday, March 17th. The stock was sold at an average price of $204.86, for a total transaction of $204,860.00. Following the transaction, the chief operating officer now owns 8,828 shares in the company, valued at $1,808,504.08. The trade was a 10.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.11% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NXPI has been the subject of a number of analyst reports. Mizuho upped their price objective on shares of NXP Semiconductors from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. Truist Financial upped their price target on NXP Semiconductors from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Susquehanna lowered their price target on NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Arete Research raised NXP Semiconductors to a “strong-buy” rating in a report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. reduced their target price on NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus price target of $246.22.

NXP Semiconductors 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.