Larry Mathis Financial Planning LLC Makes New $435,000 Investment in NXP Semiconductors N.V. $NXPI

Larry Mathis Financial Planning LLC bought a new stake in NXP Semiconductors N.V. (NASDAQ:NXPIFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,003 shares of the semiconductor provider’s stock, valued at approximately $435,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of NXP Semiconductors by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 13,612,546 shares of the semiconductor provider’s stock worth $2,954,739,000 after purchasing an additional 293,558 shares during the period. Wellington Management Group LLP grew its position in shares of 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 purchasing an additional 1,333,920 shares during the period. State Street Corp increased its stake in NXP Semiconductors by 0.5% during the 4th quarter. State Street Corp now owns 11,043,159 shares of the semiconductor provider’s stock worth $2,407,382,000 after purchasing an additional 55,098 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake 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 purchasing an additional 121,419 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in NXP Semiconductors by 17.2% during the 4th quarter. Invesco Ltd. now owns 5,574,672 shares of the semiconductor provider’s stock worth $1,210,038,000 after buying an additional 818,985 shares during the period. 90.54% of the stock is currently owned by institutional investors.

Insider Activity at NXP Semiconductors

In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $315.57, for a total transaction of $315,570.00. Following the sale, the executive vice president directly owned 8,942 shares of the company’s stock, valued at $2,821,826.94. The trade was a 10.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Hardy sold 5,289 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 2,020 shares of the company’s stock, valued at approximately $474,700. This represents a 72.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 12,611 shares of company stock valued at $3,182,068. Corporate insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on NXPI shares. Wall Street Zen raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Barclays increased their price objective on shares of NXP Semiconductors from $295.00 to $340.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of NXP Semiconductors in a report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on shares of NXP Semiconductors from $250.00 to $295.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Finally, Wolfe Research upped their target price on shares of NXP Semiconductors from $270.00 to $320.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $295.92.

View Our Latest Stock Report on NXP Semiconductors

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $313.27 on Friday. The stock has a market capitalization of $79.09 billion, a price-to-earnings ratio of 29.98, a PEG ratio of 1.13 and a beta of 1.77. The stock’s 50 day moving average price is $281.83 and its two-hundred day moving average price is $242.29. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.55 and a current ratio of 2.24. NXP Semiconductors N.V. has a 52 week low of $183.00 and a 52 week high of $339.95.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.07. The firm had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.14 billion. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.64 EPS. As a group, analysts anticipate that NXP Semiconductors N.V. will post 13.4 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Wednesday, June 24th will be issued a dividend of $1.014 per share. The ex-dividend date is Wednesday, June 24th. This represents a $4.06 annualized dividend and a 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.

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

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