NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Brown Advisory Inc.

Brown Advisory Inc. increased its position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 805,822 shares of the semiconductor provider's stock after buying an additional 31,288 shares during the period. Brown Advisory Inc. owned about 0.32% of NXP Semiconductors worth $167,490,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in NXPI. ORG Wealth Partners LLC raised its holdings in shares of NXP Semiconductors by 915.4% in the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock valued at $27,000 after purchasing an additional 119 shares in the last quarter. Sound Income Strategies LLC increased its holdings in NXP Semiconductors by 169.2% during the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock valued at $29,000 after buying an additional 88 shares during the period. Runnymede Capital Advisors Inc. bought a new position in NXP Semiconductors in the fourth quarter worth approximately $32,000. Smithfield Trust Co bought a new stake in NXP Semiconductors during the 4th quarter valued at $32,000. Finally, Brooklyn Investment Group increased its holdings in shares of NXP Semiconductors by 69.5% in the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock valued at $33,000 after acquiring an additional 66 shares during the period. 90.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on NXPI. Citigroup lowered their price target on shares of NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Stifel Nicolaus lowered their price target on NXP Semiconductors from $210.00 to $170.00 and set a "hold" rating for the company in a report on Thursday, April 17th. StockNews.com downgraded shares of NXP Semiconductors from a "buy" rating to a "hold" rating in a research report on Wednesday, January 29th. Morgan Stanley set a $229.00 price objective on shares of NXP Semiconductors in a research note on Monday, April 21st. Finally, JPMorgan Chase & Co. reduced their target price on NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, NXP Semiconductors has a consensus rating of "Moderate Buy" and a consensus price target of $250.37.

NXP Semiconductors Price Performance

NASDAQ NXPI traded up $4.46 on Wednesday, hitting $186.87. The company had a trading volume of 2,137,466 shares, compared to its average volume of 2,603,964. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The company's fifty day moving average price is $190.38 and its 200-day moving average price is $210.60. The company has a market capitalization of $47.21 billion, a PE ratio of 19.21, a PEG ratio of 3.01 and a beta of 1.38. NXP Semiconductors has a 12-month low of $148.09 and a 12-month high of $296.08.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its earnings results on Monday, April 28th. The semiconductor provider reported $2.64 EPS for the quarter, topping analysts' consensus estimates of $2.59 by $0.05. The business had revenue of $2.84 billion during the quarter, compared to analysts' expectations of $2.83 billion. NXP Semiconductors had a net margin of 19.90% and a return on equity of 31.45%. The company's quarterly revenue was down 9.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.24 earnings per share. As a group, analysts predict that NXP Semiconductors will post 10.28 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th were given a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $4.06 annualized dividend and a dividend yield of 2.17%. NXP Semiconductors's dividend payout ratio (DPR) is presently 44.12%.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the firm's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $204.86, for a total value of $204,860.00. Following the transaction, the chief operating officer now owns 8,828 shares in the company, valued at approximately $1,808,504.08. This trade represents a 10.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.11% of the company's stock.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.