NXP Semiconductors N.V. $NXPI Position Decreased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 25.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,990 shares of the semiconductor provider’s stock after selling 5,220 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in NXP Semiconductors were worth $3,254,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in NXPI. Brighton Jones LLC boosted its position in shares of NXP Semiconductors by 20.6% during the 4th quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider’s stock valued at $265,000 after purchasing an additional 218 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of NXP Semiconductors by 3.4% during the 1st quarter. NewEdge Advisors LLC now owns 7,021 shares of the semiconductor provider’s stock valued at $1,334,000 after purchasing an additional 234 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of NXP Semiconductors by 31.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 777 shares of the semiconductor provider’s stock valued at $170,000 after purchasing an additional 187 shares in the last quarter. Marshall Wace LLP boosted its position in shares of NXP Semiconductors by 887.0% during the 2nd quarter. Marshall Wace LLP now owns 36,659 shares of the semiconductor provider’s stock valued at $8,010,000 after purchasing an additional 32,945 shares in the last quarter. Finally, Gamco Investors INC. ET AL bought a new position in shares of NXP Semiconductors during the 2nd quarter valued at about $555,000. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $213.73 on Friday. NXP Semiconductors N.V. has a one year low of $166.60 and a one year high of $256.36. The company has a 50-day moving average of $211.83 and a two-hundred day moving average of $216.92. The stock has a market cap of $54.01 billion, a price-to-earnings ratio of 26.92, a PEG ratio of 0.96 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.05 and a quick ratio of 1.38.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor provider reported $3.35 EPS for the quarter, topping the consensus estimate of $3.31 by $0.04. The business had revenue of $3.34 billion during the quarter, compared to analysts’ expectations of $3.30 billion. NXP Semiconductors had a net margin of 16.47% and a return on equity of 26.72%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company posted $3.18 earnings per share. On average, equities research analysts expect that NXP Semiconductors N.V. will post 10.28 earnings per share for the current 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 issued a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Wednesday, March 25th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 51.13%.

Wall Street Analysts Forecast Growth

NXPI has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of NXP Semiconductors from $245.00 to $250.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. TD Cowen decreased their target price on shares of NXP Semiconductors from $285.00 to $250.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Morgan Stanley reiterated an “overweight” rating on shares of NXP Semiconductors in a report on Friday, January 16th. Wells Fargo & Company raised their target price on shares of NXP Semiconductors from $260.00 to $265.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Finally, Mizuho set a $188.00 target price on shares of NXP Semiconductors in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, NXP Semiconductors presently has an average rating of “Moderate Buy” and a consensus price target of $249.11.

Insider Activity at NXP Semiconductors

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

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.