111 Capital Acquires New Shares in NXP Semiconductors (NASDAQ:NXPI)

111 Capital bought a new position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,936 shares of the semiconductor provider's stock, valued at approximately $818,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Smithfield Trust Co acquired a new position in NXP Semiconductors during the fourth quarter worth approximately $32,000. Runnymede Capital Advisors Inc. acquired a new position in NXP Semiconductors during the fourth quarter worth approximately $32,000. Ameriflex Group Inc. acquired a new position in NXP Semiconductors during the fourth quarter worth approximately $44,000. Strategic Financial Concepts LLC acquired a new position in NXP Semiconductors during the fourth quarter worth approximately $46,000. Finally, Asset Dedication LLC increased its position in NXP Semiconductors by 126.6% during the fourth quarter. Asset Dedication LLC now owns 358 shares of the semiconductor provider's stock worth $74,000 after buying an additional 200 shares during the last quarter. Institutional investors own 90.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on NXPI shares. Morgan Stanley set a $229.00 price target on NXP Semiconductors in a research report on Monday, April 21st. Truist Financial upped their target price on NXP Semiconductors from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Tuesday, February 18th. Needham & Company LLC decreased their target price on NXP Semiconductors from $230.00 to $225.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. Mizuho upped their target price on NXP Semiconductors from $240.00 to $255.00 and gave the company an "outperform" rating in a research report on Thursday, February 20th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Four analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $246.22.

NXP Semiconductors Price Performance

NASDAQ:NXPI traded up $1.68 during trading hours on Monday, reaching $192.81. 1,734,231 shares of the company were exchanged, compared to its average volume of 2,688,327. The company has a market capitalization of $48.71 billion, a P/E ratio of 19.82, a P/E/G ratio of 3.01 and a beta of 1.38. NXP Semiconductors has a 1-year low of $148.09 and a 1-year high of $296.08. 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 business has a 50 day moving average of $186.83 and a 200 day moving average of $205.91.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its earnings results on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share 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 the consensus estimate of $2.83 billion. NXP Semiconductors had a return on equity of 31.45% and a net margin of 19.90%. The company's revenue was down 9.3% compared to the same quarter last year. During the same quarter last year, the business posted $3.24 EPS. Research analysts forecast that NXP Semiconductors will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.10%. NXP Semiconductors's dividend payout ratio (DPR) is currently 44.12%.

Insider Transactions at NXP Semiconductors

In other news, COO Andrew Micallef sold 1,000 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the completion of the transaction, the chief operating officer now owns 8,828 shares of the company's stock, valued at approximately $1,808,504.08. This represents a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.12% of the company's stock.

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.