Advisory Alpha LLC Sells 1,335 Shares of NXP Semiconductors (NASDAQ:NXPI)

Advisory Alpha LLC lowered its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 40.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,950 shares of the semiconductor provider's stock after selling 1,335 shares during the quarter. Advisory Alpha LLC's holdings in NXP Semiconductors were worth $371,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC purchased a new position in NXP Semiconductors during the fourth quarter worth about $46,000. Austin Private Wealth LLC raised its holdings in shares of NXP Semiconductors by 140.6% in the 4th quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider's stock valued at $665,000 after acquiring an additional 1,869 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in shares of 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. JB Capital LLC grew its holdings in shares of NXP Semiconductors by 6.2% during the fourth quarter. JB Capital LLC now owns 58,393 shares of the semiconductor provider's stock worth $12,137,000 after purchasing an additional 3,419 shares in the last quarter. Finally, Aveo Capital Partners LLC grew its holdings in shares of NXP Semiconductors by 109.4% during the fourth quarter. Aveo Capital Partners LLC now owns 3,233 shares of the semiconductor provider's stock worth $672,000 after purchasing an additional 1,689 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company's stock.

Analyst Upgrades and Downgrades

NXPI has been the subject of several research analyst reports. Mizuho lifted their target price on shares of NXP Semiconductors from $240.00 to $255.00 and gave the company an "outperform" rating in a research report on Thursday, February 20th. Needham & Company LLC decreased 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. Truist Financial upped their price objective on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Barclays decreased their target price on shares of NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Finally, UBS Group reduced their price objective on NXP Semiconductors from $265.00 to $250.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, NXP Semiconductors has an average rating of "Moderate Buy" and a consensus target price of $246.22.

Insider Buying and Selling

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the business'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 sale, the chief operating officer now directly owns 8,828 shares of the company's stock, valued at approximately $1,808,504.08. The trade was a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.12% of the stock is currently owned by company insiders.

NXP Semiconductors Trading Up 3.2%

Shares of NXPI traded up $6.15 during trading hours on Tuesday, reaching $198.96. 2,865,786 shares of the company traded hands, compared to its average volume of 2,689,038. The company's fifty day moving average price is $186.83 and its two-hundred day moving average price is $205.91. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $50.26 billion, a price-to-earnings ratio of 20.45, a price-to-earnings-growth 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 earnings per share for the quarter, topping analysts' consensus estimates of $2.59 by $0.05. NXP Semiconductors had a net margin of 19.90% and a return on equity of 31.45%. The firm had revenue of $2.84 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the prior year, the firm earned $3.24 EPS. The company's revenue was down 9.3% compared to the same quarter last year. Equities research analysts predict that NXP Semiconductors will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 2.04%. NXP Semiconductors's dividend payout ratio is currently 44.12%.

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.