GSA Capital Partners LLP Acquires 1,982 Shares of NXP Semiconductors N.V. $NXPI

GSA Capital Partners LLP grew its holdings in NXP Semiconductors N.V. (NASDAQ:NXPIFree Report) by 52.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,752 shares of the semiconductor provider’s stock after purchasing an additional 1,982 shares during the period. GSA Capital Partners LLP’s holdings in NXP Semiconductors were worth $1,249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of NXP Semiconductors by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 13,612,546 shares of the semiconductor provider’s stock valued at $2,954,739,000 after purchasing an additional 293,558 shares during the period. Wellington Management Group LLP increased its holdings in NXP Semiconductors by 11.9% during the 3rd quarter. Wellington Management Group LLP now owns 12,583,718 shares of the semiconductor provider’s stock worth $2,865,690,000 after acquiring an additional 1,333,920 shares during the period. State Street Corp increased its holdings in NXP Semiconductors by 0.5% during the 3rd quarter. State Street Corp now owns 10,988,061 shares of the semiconductor provider’s stock worth $2,512,283,000 after acquiring an additional 53,261 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in NXP Semiconductors by 1.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,849,741 shares of the semiconductor provider’s stock worth $1,703,865,000 after acquiring an additional 121,419 shares during the period. Finally, Invesco Ltd. increased its holdings in NXP Semiconductors by 3.2% during the 3rd quarter. Invesco Ltd. now owns 4,755,687 shares of the semiconductor provider’s stock worth $1,083,013,000 after acquiring an additional 147,192 shares during the period. Institutional investors own 90.54% of the company’s stock.

Insider Transactions at NXP Semiconductors

In other news, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $194.58, for a total value of $194,580.00. Following the transaction, the executive vice president owned 9,942 shares of the company’s stock, valued at $1,934,514.36. This represents a 9.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Andrew Hardy sold 5,289 shares of the stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $235.00, for a total transaction of $1,242,915.00. Following the completion of the transaction, the executive vice president directly owned 2,020 shares in the company, valued at $474,700. The trade was a 72.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 10,865 shares of company stock valued at $2,508,416 in the last quarter. Insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

NXPI has been the topic of a number of analyst reports. Susquehanna upped their target price on shares of NXP Semiconductors from $210.00 to $250.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Citigroup upped their target price on shares of NXP Semiconductors from $255.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NXP Semiconductors in a report on Wednesday, April 29th. KeyCorp upped their target price on shares of NXP Semiconductors from $300.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Finally, Cantor Fitzgerald upped their target price on shares of NXP Semiconductors from $380.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $294.25.

Check Out Our Latest Stock Report on NXPI

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI opened at $310.15 on Thursday. The company’s fifty day moving average price is $230.48 and its 200-day moving average price is $225.04. The firm has a market capitalization of $78.30 billion, a price-to-earnings ratio of 29.68, a PEG ratio of 1.06 and a beta of 1.77. NXP Semiconductors N.V. has a one year low of $183.00 and a one year high of $311.04. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.24 and a quick ratio of 1.55.

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

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Wednesday, March 25th were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.3%. NXP Semiconductors’s dividend payout ratio is presently 38.85%.

NXP Semiconductors Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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