Capital Investment Advisors LLC Invests $254,000 in NXP Semiconductors (NASDAQ:NXPI)

Capital Investment Advisors LLC bought a new stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,336 shares of the semiconductor provider's stock, valued at approximately $254,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC purchased a new stake in shares of NXP Semiconductors in the 4th quarter valued at about $46,000. Asset Management One Co. Ltd. raised its stake in NXP Semiconductors by 2.7% during the 4th quarter. Asset Management One Co. Ltd. now owns 98,558 shares of the semiconductor provider's stock valued at $21,068,000 after acquiring an additional 2,609 shares during the last quarter. Aveo Capital Partners LLC raised its stake in NXP Semiconductors by 109.4% during the 4th quarter. Aveo Capital Partners LLC now owns 3,233 shares of the semiconductor provider's stock valued at $672,000 after acquiring an additional 1,689 shares during the last quarter. Congress Asset Management Co. raised its stake in NXP Semiconductors by 0.3% during the 4th quarter. Congress Asset Management Co. now owns 523,573 shares of the semiconductor provider's stock valued at $108,825,000 after acquiring an additional 1,581 shares during the last quarter. Finally, Van ECK Associates Corp raised its stake in NXP Semiconductors by 27.1% during the 4th quarter. Van ECK Associates Corp now owns 3,865,446 shares of the semiconductor provider's stock valued at $803,432,000 after acquiring an additional 824,317 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at NXP Semiconductors

In other 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 transaction of $204,860.00. Following the sale, the chief operating officer now owns 8,828 shares in the company, valued at $1,808,504.08. This trade represents a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.12% of the stock is owned by insiders.

NXP Semiconductors Price Performance

NASDAQ:NXPI traded down $6.50 during trading hours on Friday, reaching $210.90. 1,839,860 shares of the company traded hands, compared to its average volume of 2,729,182. The firm's 50-day moving average is $192.58 and its 200-day moving average is $205.18. The stock has a market cap of $53.28 billion, a P/E ratio of 21.68, a P/E/G ratio of 3.01 and a beta of 1.39. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. NXP Semiconductors has a 1-year low of $148.09 and a 1-year high of $296.08.

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

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th will be issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Wednesday, June 25th. NXP Semiconductors's dividend payout ratio (DPR) is presently 44.12%.

Wall Street Analyst Weigh In

NXPI has been the subject of several analyst reports. TD Cowen upped their price objective on NXP Semiconductors from $185.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, April 30th. Stifel Nicolaus reduced their price objective on NXP Semiconductors from $210.00 to $170.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Citigroup cut their target price on NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Needham & Company LLC cut their target price on NXP Semiconductors from $230.00 to $225.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. Finally, Arete Research raised NXP Semiconductors to a "strong-buy" rating in a research note on Tuesday, March 25th. Four equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $244.78.

NXP Semiconductors 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.