Achmea Investment Management B.V. Has $3.10 Million Stock Holdings in NXP Semiconductors N.V. (NASDAQ:NXPI)

Achmea Investment Management B.V. lifted its stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 24.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,314 shares of the semiconductor provider's stock after purchasing an additional 3,242 shares during the quarter. Achmea Investment Management B.V.'s holdings in NXP Semiconductors were worth $3,100,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sowell Financial Services LLC bought a new stake in shares of NXP Semiconductors in the 1st quarter valued at about $320,000. Dynamic Advisor Solutions LLC boosted its stake in shares of NXP Semiconductors by 15.2% in the first quarter. Dynamic Advisor Solutions LLC now owns 5,281 shares of the semiconductor provider's stock worth $1,004,000 after acquiring an additional 698 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in NXP Semiconductors by 133.5% in the 1st quarter. Farther Finance Advisors LLC now owns 2,153 shares of the semiconductor provider's stock valued at $409,000 after purchasing an additional 1,231 shares in the last quarter. BDF Gestion purchased a new position in shares of NXP Semiconductors in the first quarter worth about $1,152,000. Finally, SRS Capital Advisors Inc. grew its position in shares of NXP Semiconductors by 2,997.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,301 shares of the semiconductor provider's stock valued at $270,000 after purchasing an additional 1,259 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company's stock.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI traded up $1.45 on Monday, hitting $218.49. The stock had a trading volume of 2,165,265 shares, compared to its average volume of 2,736,618. The company has a market capitalization of $55.20 billion, a price-to-earnings ratio of 23.80, a price-to-earnings-growth ratio of 2.71 and a beta of 1.39. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.47 and a current ratio of 2.09. The firm's 50 day moving average price is $201.21 and its 200-day moving average price is $204.42. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $296.08.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its quarterly 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. NXP Semiconductors had a return on equity of 29.62% and a net margin of 19.16%. The firm had revenue of $2.84 billion during the quarter, compared to analysts' expectations of $2.83 billion. During the same period last year, the firm posted $3.24 EPS. The business's revenue was down 9.3% on a year-over-year basis. On average, equities research analysts predict that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

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 1.86%. The ex-dividend date is Wednesday, June 25th. NXP Semiconductors's dividend payout ratio (DPR) is currently 44.23%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NXPI. Needham & Company LLC cut their price target on shares of NXP Semiconductors from $230.00 to $225.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. UBS Group lowered their price objective on NXP Semiconductors from $265.00 to $250.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Evercore ISI restated an "outperform" rating and set a $289.00 target price (up from $237.00) on shares of NXP Semiconductors in a research report on Thursday, June 12th. Wells Fargo & Company raised their price objective on NXP Semiconductors from $240.00 to $250.00 and gave the company an "overweight" rating in a research note on Monday, June 16th. Finally, Stifel Nicolaus lowered their target price on NXP Semiconductors from $210.00 to $170.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, NXP Semiconductors currently has an average rating of "Moderate Buy" and an average price target of $244.78.

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.