NXP Semiconductors N.V. (NASDAQ:NXPI) Shares Purchased by Clarius Group LLC

Clarius Group LLC boosted its position 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 disclosure with the SEC. The firm owned 2,512 shares of the semiconductor provider's stock after buying an additional 1,441 shares during the quarter. Clarius Group LLC's holdings in NXP Semiconductors were worth $477,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC grew its position in shares of NXP Semiconductors by 0.3% during the 4th quarter. FMR LLC now owns 25,084,729 shares of the semiconductor provider's stock valued at $5,213,861,000 after acquiring an additional 86,716 shares during the period. Vanguard Group Inc. grew its position in shares of NXP Semiconductors by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 13,322,338 shares of the semiconductor provider's stock valued at $2,769,048,000 after acquiring an additional 99,667 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in NXP Semiconductors by 1.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 8,046,230 shares of the semiconductor provider's stock valued at $1,672,409,000 after purchasing an additional 144,391 shares during the period. Geode Capital Management LLC grew its holdings in NXP Semiconductors by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 5,242,415 shares of the semiconductor provider's stock valued at $1,088,094,000 after purchasing an additional 96,483 shares during the period. Finally, Franklin Resources Inc. grew its holdings in NXP Semiconductors by 6.0% in the fourth quarter. Franklin Resources Inc. now owns 4,729,345 shares of the semiconductor provider's stock valued at $982,994,000 after purchasing an additional 269,656 shares during the period. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock traded down $2.45 on Friday, hitting $209.00. 4,244,802 shares of the company were exchanged, compared to its average volume of 2,728,143. The stock has a market capitalization of $52.80 billion, a price-to-earnings ratio of 22.77, a price-to-earnings-growth ratio of 2.60 and a beta of 1.39. The company has a 50-day moving average price of $196.64 and a 200 day moving average price of $204.63. NXP Semiconductors N.V. has a 1-year low of $148.09 and a 1-year high of $296.08. The company has a quick ratio of 1.47, a current ratio of 2.09 and a debt-to-equity ratio of 1.10.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its quarterly earnings data 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 company had revenue of $2.84 billion for the quarter, compared to analyst estimates of $2.83 billion. NXP Semiconductors had a return on equity of 29.62% and a net margin of 19.16%. The firm's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.24 earnings per share. As a group, sell-side analysts predict that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th will be given a dividend of $1.014 per share. The ex-dividend date of this dividend is Wednesday, June 25th. This represents a $4.06 annualized dividend and a dividend yield of 1.94%. NXP Semiconductors's payout ratio is 44.23%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on NXPI shares. Wells Fargo & Company lifted their price target on shares of NXP Semiconductors from $240.00 to $250.00 and gave the company an "overweight" rating in a research note on Monday, June 16th. Barclays dropped 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 note on Tuesday, April 22nd. Morgan Stanley set a $229.00 target price on shares of NXP Semiconductors in a research report on Monday, April 21st. UBS Group dropped their target price on shares of NXP Semiconductors from $265.00 to $250.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. Finally, Citigroup lowered their price objective on NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating on the stock in a 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 assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $244.78.

About NXP Semiconductors

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.