Koss Olinger Consulting LLC Sells 136 Shares of NXP Semiconductors N.V. $NXPI

Koss Olinger Consulting LLC trimmed its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 1.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,843 shares of the semiconductor provider’s stock after selling 136 shares during the period. Koss Olinger Consulting LLC’s holdings in NXP Semiconductors were worth $1,932,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brown Lisle Cummings Inc. raised its position in shares of NXP Semiconductors by 121.7% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider’s stock valued at $33,000 after purchasing an additional 84 shares during the period. Hemington Wealth Management raised its position in shares of NXP Semiconductors by 50.0% during the 1st quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider’s stock valued at $33,000 after purchasing an additional 59 shares during the period. Hilltop National Bank bought a new stake in shares of NXP Semiconductors during the 2nd quarter valued at $44,000. Valley National Advisers Inc. increased its holdings in NXP Semiconductors by 118.9% in the 1st quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider’s stock valued at $43,000 after acquiring an additional 126 shares during the last quarter. Finally, Rossby Financial LCC bought a new stake in NXP Semiconductors in the 1st quarter valued at $46,000. 90.54% of the stock is currently owned by institutional investors.

Insider Transactions at NXP Semiconductors

In other news, President Rafael Sotomayor sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $219.57, for a total value of $439,140.00. Following the sale, the president directly owned 4,958 shares in the company, valued at $1,088,628.06. The trade was a 28.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $216.21, for a total transaction of $216,210.00. Following the completion of the sale, the executive vice president owned 6,828 shares in the company, valued at approximately $1,476,281.88. This trade represents a 12.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.12% of the company’s stock.

NXP Semiconductors Stock Performance

NXP Semiconductors stock opened at $219.16 on Monday. The company’s 50-day moving average price is $225.15 and its 200-day moving average price is $213.14. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $256.62. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99. The company has a market cap of $55.25 billion, a PE ratio of 26.12, a price-to-earnings-growth ratio of 2.48 and a beta of 1.44.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th were issued a $1.014 dividend. The ex-dividend date was Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.9%. NXP Semiconductors’s payout ratio is 48.39%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. TD Cowen reduced their price target on shares of NXP Semiconductors from $270.00 to $260.00 and set a “buy” rating on the stock in a report on Friday, October 10th. Needham & Company LLC lifted their price target on shares of NXP Semiconductors from $225.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. Stifel Nicolaus lifted their price target on shares of NXP Semiconductors from $170.00 to $210.00 and gave the company a “hold” rating in a report on Friday, July 18th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $250.00 price target on shares of NXP Semiconductors in a report on Tuesday, July 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of NXP Semiconductors in a report on Saturday. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, NXP Semiconductors has a consensus rating of “Moderate Buy” and a consensus target price of $257.06.

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.