1,755 Shares in NXP Semiconductors N.V. (NASDAQ:NXPI) Acquired by Argonautica Private Wealth Management Inc.

Argonautica Private Wealth Management Inc. purchased a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,755 shares of the semiconductor provider's stock, valued at approximately $334,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. AE Wealth Management LLC grew its position in NXP Semiconductors by 6.9% in the first quarter. AE Wealth Management LLC now owns 6,066 shares of the semiconductor provider's stock worth $1,153,000 after acquiring an additional 393 shares in the last quarter. Burney Co. lifted its holdings in NXP Semiconductors by 2.1% in the 1st quarter. Burney Co. now owns 8,077 shares of the semiconductor provider's stock worth $1,535,000 after purchasing an additional 166 shares during the last quarter. Wakefield Asset Management LLLP bought a new stake in NXP Semiconductors during the first quarter worth approximately $291,000. Wedbush Securities Inc. grew its holdings in NXP Semiconductors by 9.1% during the first quarter. Wedbush Securities Inc. now owns 2,016 shares of the semiconductor provider's stock valued at $383,000 after purchasing an additional 169 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its holdings in shares of NXP Semiconductors by 68.2% during the 1st quarter. Venturi Wealth Management LLC now owns 5,833 shares of the semiconductor provider's stock worth $1,109,000 after buying an additional 2,366 shares during the period. Hedge funds and other institutional investors own 90.54% of the company's stock.

NXP Semiconductors Trading Down 0.5%

NASDAQ:NXPI traded down $1.14 during trading hours on Friday, hitting $223.29. 2,160,678 shares of the stock were exchanged, compared to its average volume of 2,632,921. The company has a market capitalization of $56.41 billion, a P/E ratio of 26.61, a price-to-earnings-growth ratio of 2.55 and a beta of 1.40. The company has a quick ratio of 1.47, a current ratio of 1.74 and a debt-to-equity ratio of 0.95. The company's 50 day moving average is $215.14 and its two-hundred day moving average is $206.52. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $264.54.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.06. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.90 billion. NXP Semiconductors had a return on equity of 27.72% and a net margin of 17.72%. The firm's revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.20 earnings per share. On average, sell-side analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th were issued a $1.014 dividend. The ex-dividend date was Wednesday, June 25th. This represents a $4.06 annualized dividend and a yield of 1.82%. NXP Semiconductors's dividend payout ratio is currently 48.39%.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 9,132 shares of NXP Semiconductors stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the completion of the sale, the executive vice president owned 27,088 shares of the company's stock, valued at approximately $6,230,240. The trade was a 25.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.12% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on NXPI shares. The Goldman Sachs Group assumed coverage on shares of NXP Semiconductors in a report on Thursday, July 10th. They set a "buy" rating and a $276.00 price target for the company. Susquehanna increased their price objective on NXP Semiconductors from $195.00 to $210.00 and gave the company a "neutral" rating in a research report on Wednesday. JPMorgan Chase & Co. boosted their target price on shares of NXP Semiconductors from $205.00 to $240.00 and gave the stock a "neutral" rating in a research report on Wednesday. Stifel Nicolaus increased their target price on shares of NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research note on Friday, July 18th. Finally, Wells Fargo & Company upped their price target on NXP Semiconductors from $250.00 to $260.00 and gave the company an "overweight" rating in a report on Wednesday. Four equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $256.05.

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.