Trivium Point Advisory LLC Has $227,000 Stock Position in NXP Semiconductors N.V. $NXPI

Trivium Point Advisory LLC decreased its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 79.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,044 shares of the semiconductor provider’s stock after selling 3,995 shares during the period. Trivium Point Advisory LLC’s holdings in NXP Semiconductors were worth $227,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NXPI. Wellington Management Group LLP lifted its position in NXP Semiconductors by 11.9% in the 3rd quarter. Wellington Management Group LLP now owns 12,583,718 shares of the semiconductor provider’s stock valued at $2,865,690,000 after acquiring an additional 1,333,920 shares in the last quarter. SG Americas Securities LLC lifted its position in NXP Semiconductors by 307.7% in the 3rd quarter. SG Americas Securities LLC now owns 1,179,129 shares of the semiconductor provider’s stock valued at $268,523,000 after acquiring an additional 889,883 shares in the last quarter. Rafferty Asset Management LLC lifted its position in NXP Semiconductors by 56.3% in the 2nd quarter. Rafferty Asset Management LLC now owns 1,916,922 shares of the semiconductor provider’s stock valued at $418,828,000 after acquiring an additional 690,277 shares in the last quarter. Woodline Partners LP lifted its position in NXP Semiconductors by 6,342.2% in the 3rd quarter. Woodline Partners LP now owns 673,403 shares of the semiconductor provider’s stock valued at $153,354,000 after acquiring an additional 662,950 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in NXP Semiconductors by 21.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,227,516 shares of the semiconductor provider’s stock valued at $507,241,000 after acquiring an additional 398,250 shares in the last quarter. 90.54% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $194.58, for a total transaction of $194,580.00. Following the completion of the transaction, the executive vice president directly owned 9,942 shares of the company’s stock, valued at approximately $1,934,514.36. This represents a 9.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.12% of the company’s stock.

NXP Semiconductors Stock Performance

NXPI opened at $216.03 on Friday. NXP Semiconductors N.V. has a 52-week low of $166.60 and a 52-week high of $256.36. The firm has a market capitalization of $54.59 billion, a PE ratio of 27.21, a PEG ratio of 0.98 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.38 and a current ratio of 2.05. The business’s 50-day simple moving average is $211.66 and its 200 day simple moving average is $216.78.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor provider reported $3.35 EPS for the quarter, beating the consensus estimate of $3.31 by $0.04. NXP Semiconductors had a return on equity of 26.72% and a net margin of 16.47%.The firm had revenue of $3.34 billion during the quarter, compared to analysts’ expectations of $3.30 billion. During the same period in the prior year, the firm posted $3.18 earnings per share. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. As a group, sell-side analysts expect that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Wednesday, March 25th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $4.06 annualized dividend and a yield of 1.9%. NXP Semiconductors’s dividend payout ratio is 51.01%.

Wall Street Analyst Weigh In

Several research firms recently commented on NXPI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NXP Semiconductors in a research report on Thursday, January 22nd. KeyCorp boosted their price objective on shares of NXP Semiconductors from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Barclays reaffirmed an “overweight” rating and issued a $255.00 price objective on shares of NXP Semiconductors in a research report on Thursday, January 15th. Wells Fargo & Company boosted their price objective on shares of NXP Semiconductors from $260.00 to $265.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of NXP Semiconductors from $245.00 to $250.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $249.11.

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.