Clarius Group LLC Has $477,000 Position in NXP Semiconductors N.V. (NASDAQ:NXPI)

Clarius Group LLC increased its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 134.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,512 shares of the semiconductor provider's stock after acquiring an additional 1,441 shares during the period. Clarius Group LLC's holdings in NXP Semiconductors were worth $477,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Runnymede Capital Advisors Inc. acquired a new position in NXP Semiconductors in the fourth quarter valued at about $32,000. Smithfield Trust Co acquired a new position in NXP Semiconductors in the fourth quarter valued at about $32,000. Ameriflex Group Inc. acquired a new position in NXP Semiconductors in the fourth quarter valued at about $44,000. GoalVest Advisory LLC boosted its position in NXP Semiconductors by 472.9% in the first quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock valued at $52,000 after buying an additional 227 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its position in NXP Semiconductors by 377.9% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 411 shares of the semiconductor provider's stock valued at $85,000 after buying an additional 325 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Trading Down 0.6%

NXPI opened at $211.45 on Thursday. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.09 and a quick ratio of 1.47. The company has a market cap of $53.42 billion, a price-to-earnings ratio of 23.03, a price-to-earnings-growth ratio of 2.65 and a beta of 1.39. The firm has a 50 day simple moving average of $194.91 and a 200 day simple moving average of $205.05. NXP Semiconductors N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $296.08.

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

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th will be paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Wednesday, June 25th. NXP Semiconductors's dividend payout ratio (DPR) is 44.23%.

Analyst Ratings Changes

A number of equities analysts have commented on NXPI shares. Wells Fargo & Company boosted their price target on shares of NXP Semiconductors from $240.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday. Barclays reduced their price target 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. Mizuho boosted their price target 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. Cantor Fitzgerald boosted their price target on shares of NXP Semiconductors from $225.00 to $250.00 and gave the company an "overweight" rating in a research report on Wednesday. Finally, Citigroup reduced their price target on shares of NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Four equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus 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.

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