Factory Mutual Insurance Co. Acquires 18,650 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• Factory Mutual Insurance Co. increased its stake in NXP by 16.3% in Q4, buying 18,650 shares to hold 133,050 shares worth about $28.88 million.
• NXP beat Q4 estimates with $3.35 EPS on $3.34 billion revenue, has a market cap of $51.64 billion and a P/E of 25.74, and Wall Street's consensus is a Moderate Buy with an average target of $253.67.
• The company pays a quarterly dividend of $1.014 (about a 2.0% yield) and is largely institutionally owned (90.54%), while insiders hold roughly 0.12% of shares.

Factory Mutual Insurance Co. increased its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 16.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 133,050 shares of the semiconductor provider's stock after buying an additional 18,650 shares during the period. Factory Mutual Insurance Co. owned 0.05% of NXP Semiconductors worth $28,880,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of NXPI. Brighton Jones LLC boosted its holdings in NXP Semiconductors by 20.6% in the 4th quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider's stock worth $265,000 after buying an additional 218 shares during the period. NewEdge Advisors LLC boosted its holdings in NXP Semiconductors by 3.4% in the 1st quarter. NewEdge Advisors LLC now owns 7,021 shares of the semiconductor provider's stock worth $1,334,000 after buying an additional 234 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in NXP Semiconductors by 31.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 777 shares of the semiconductor provider's stock worth $170,000 after buying an additional 187 shares during the period. Marshall Wace LLP lifted its stake in NXP Semiconductors by 887.0% in the 2nd quarter. Marshall Wace LLP now owns 36,659 shares of the semiconductor provider's stock worth $8,010,000 after purchasing an additional 32,945 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new stake in NXP Semiconductors in the 2nd quarter worth approximately $555,000. 90.54% of the stock is owned by institutional investors.

NXP Semiconductors Stock Performance

NXP Semiconductors stock opened at $204.37 on Friday. The firm's fifty day moving average price is $213.02 and its 200-day moving average price is $217.38. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.38 and a current ratio of 2.05. The stock has a market cap of $51.64 billion, a P/E ratio of 25.74, a price-to-earnings-growth ratio of 0.92 and a beta of 1.46. NXP Semiconductors N.V. has a fifty-two week low of $158.66 and a fifty-two week high of $256.36.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor provider reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.04. The firm had revenue of $3.34 billion for the quarter, compared to analysts' expectations of $3.30 billion. NXP Semiconductors had a net margin of 16.47% and a return on equity of 26.72%. The business's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $3.18 EPS. On average, equities research analysts expect that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Wednesday, March 25th were given a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 25th. This represents a $4.06 annualized dividend and a dividend yield of 2.0%. NXP Semiconductors's dividend payout ratio (DPR) is 51.13%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Cantor Fitzgerald reiterated an "overweight" rating on shares of NXP Semiconductors in a research note on Tuesday, February 3rd. Evercore lowered their target price on shares of NXP Semiconductors from $292.00 to $260.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 4th. Bank of America lowered their target price on shares of NXP Semiconductors from $265.00 to $245.00 and set a "buy" rating on the stock in a research note on Wednesday, February 4th. Wells Fargo & Company increased their target price on shares of NXP Semiconductors from $260.00 to $265.00 and gave the stock an "overweight" rating in a research note on Thursday, January 15th. Finally, Sanford C. Bernstein reiterated a "market perform" rating and issued a $240.00 target price on shares of NXP Semiconductors in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, NXP Semiconductors presently has an average rating of "Moderate Buy" and an average target price of $253.67.

Insider Buying and Selling at NXP Semiconductors

In other news, EVP Andrew Micallef sold 1,000 shares of the firm's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $194.58, for a total transaction of $194,580.00. Following the sale, the executive vice president owned 9,942 shares in the company, valued at approximately $1,934,514.36. This trade represents a 9.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.12% 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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