JB Capital LLC Purchases 4,273 Shares of NXP Semiconductors N.V. $NXPI

JB Capital LLC grew its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 8.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,536 shares of the semiconductor provider’s stock after purchasing an additional 4,273 shares during the quarter. JB Capital LLC’s holdings in NXP Semiconductors were worth $12,272,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in NXPI. LifePlan Financial LLC boosted its position in NXP Semiconductors by 11.9% during the 4th quarter. LifePlan Financial LLC now owns 9,624 shares of the semiconductor provider’s stock worth $2,089,000 after buying an additional 1,024 shares during the period. American National Bank & Trust increased its position in NXP Semiconductors by 337.4% in the 4th quarter. American National Bank & Trust now owns 1,028 shares of the semiconductor provider’s stock valued at $223,000 after acquiring an additional 793 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of NXP Semiconductors by 2,387.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 398 shares of the semiconductor provider’s stock valued at $86,000 after acquiring an additional 382 shares during the last quarter. Perigon Wealth Management LLC raised its stake in shares of NXP Semiconductors by 5.8% during the fourth quarter. Perigon Wealth Management LLC now owns 1,053 shares of the semiconductor provider’s stock valued at $229,000 after acquiring an additional 58 shares during the last quarter. Finally, Aberdeen Group plc lifted its holdings in shares of NXP Semiconductors by 14.6% during the fourth quarter. Aberdeen Group plc now owns 605,523 shares of the semiconductor provider’s stock worth $131,435,000 after purchasing an additional 77,329 shares during the period. 90.54% of the stock is currently owned by institutional investors.

Insider Activity at NXP Semiconductors

In other news, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors 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 completion of the sale, the executive vice president owned 9,942 shares in the company, valued at $1,934,514.36. The trade was a 9.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.12% of the stock is currently owned by company insiders.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $194.55 on Friday. The company has a current ratio of 2.05, a quick ratio of 1.38 and a debt-to-equity ratio of 1.09. The business has a 50-day moving average price of $216.09 and a two-hundred day moving average price of $218.14. NXP Semiconductors N.V. has a 1-year low of $148.09 and a 1-year high of $256.36. The company has a market cap of $49.16 billion, a P/E ratio of 24.50, a PEG ratio of 0.87 and a beta of 1.46.

NXP Semiconductors (NASDAQ:NXPI) last announced its 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 company had revenue of $3.34 billion for the quarter, compared to analyst estimates of $3.30 billion. During the same quarter in the prior year, the company earned $3.18 EPS. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. As a group, analysts anticipate that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Wednesday, March 25th will be issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Wednesday, March 25th. NXP Semiconductors’s dividend payout ratio is presently 51.13%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NXPI. Sanford C. Bernstein reissued a “market perform” rating and issued a $240.00 price objective on shares of NXP Semiconductors in a research note on Wednesday, February 4th. Wells Fargo & Company raised their target price on NXP Semiconductors from $260.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Morgan Stanley reaffirmed an “overweight” rating on shares of NXP Semiconductors in a report on Friday, January 16th. KeyCorp upped their price target on NXP Semiconductors from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Finally, Citigroup decreased their price target on NXP Semiconductors from $285.00 to $255.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $253.67.

NXP Semiconductors Company Profile

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.