Capital Advisors Inc. OK Makes New Investment in NXP Semiconductors N.V. $NXPI

Key Points

• Capital Advisors Inc. OK purchased 7,081 NXP Semiconductors shares during the second quarter, worth approximately $1.99 million. Institutional investors and hedge funds collectively own 90.54% of the company.
• NXP reported quarterly EPS of $3.61, beating estimates of $3.52, while revenue rose 19.5% year over year to $3.50 billion. The company also declared a quarterly dividend of $1.014 per share, representing an annualized yield of about 1.8%.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus rating and an average price target of $305.43, although targets range widely from $190 to $338. Shares opened at $223.58, down 1%, and remain below their 52-week high of $339.95.

Capital Advisors Inc. OK purchased a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,081 shares of the semiconductor provider's stock, valued at approximately $1,990,000.

Other institutional investors have also added to or reduced their stakes in the company. Allied Private Wealth LLC bought a new position in NXP Semiconductors in the 2nd quarter valued at approximately $28,000. Bell Investment Advisors Inc bought a new stake in shares of NXP Semiconductors during the second quarter worth $29,000. Fiduciary Financial Advisors acquired a new position in NXP Semiconductors in the 2nd quarter worth about $28,000. JPL Wealth Management LLC acquired a new stake in shares of NXP Semiconductors during the third quarter valued at about $26,000. Finally, Pingora Partners LLC bought a new stake in shares of NXP Semiconductors during the second quarter worth about $35,000. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Mizuho lowered their price objective on NXP Semiconductors from $200.00 to $190.00 and set an "underperform" rating for the company in a research note on Wednesday, July 29th. Stifel Nicolaus set a $282.00 target price on shares of NXP Semiconductors in a report on Wednesday, July 29th. Needham & Company LLC restated a "buy" rating and issued a $300.00 price target on shares of NXP Semiconductors in a research report on Wednesday, July 29th. Morgan Stanley raised their price target on shares of NXP Semiconductors from $335.00 to $338.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Finally, Citigroup reiterated a "neutral" rating on shares of NXP Semiconductors in a report on Monday, July 13th. Sixteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $305.43.

NXP Semiconductors Stock Down 1.0%

Shares of NASDAQ NXPI opened at $223.58 on Friday. The company has a market capitalization of $56.38 billion, a P/E ratio of 19.08, a price-to-earnings-growth ratio of 0.76 and a beta of 1.81. NXP Semiconductors N.V. has a 52-week low of $183.00 and a 52-week high of $339.95. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.36 and a current ratio of 2.04. The company's 50 day moving average price is $257.48 and its 200-day moving average price is $252.32.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor provider reported $3.61 EPS for the quarter, beating analysts' consensus estimates of $3.52 by $0.09. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The company had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.47 billion. During the same period in the prior year, the firm posted $2.72 EPS. The company's quarterly revenue was up 19.5% on a year-over-year basis. Equities analysts forecast that NXP Semiconductors N.V. will post 13.73 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, June 24th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $4.06 dividend on an annualized basis and a yield of 1.8%. NXP Semiconductors's dividend payout ratio is 34.64%.

Insider Transactions at NXP Semiconductors

In related news, EVP Andrew Micallef sold 1,000 shares of the company's stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $315.57, for a total transaction of $315,570.00. Following the sale, the executive vice president owned 8,942 shares in the company, valued at $2,821,826.94. This represents a 10.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 1,746 shares of NXP Semiconductors stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $316.53, for a total value of $552,661.38. Following the completion of the sale, the executive vice president owned 3,643 shares of the company's stock, valued at approximately $1,153,118.79. The trade was a 32.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.05% of the company's stock.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP's offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.

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