Headlands Technologies LLC Acquires New Holdings in NXP Semiconductors N.V. (NASDAQ:NXPI)

Key Points

• Headlands Technologies LLC has invested approximately $1.38 million in NXP Semiconductors, acquiring 7,275 shares during the first quarter.
• Several institutional investors have significantly increased their positions in NXP Semiconductors, with Voloridge Investment Management LLC raising its stake by 131.4% in the fourth quarter.
• NXP Semiconductors recently declared a quarterly dividend of $1.014 per share, reflecting an annualized dividend yield of 2.0%.

Headlands Technologies LLC purchased a new position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,275 shares of the semiconductor provider's stock, valued at approximately $1,383,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC boosted its stake in NXP Semiconductors by 15.2% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 5,281 shares of the semiconductor provider's stock worth $1,004,000 after purchasing an additional 698 shares during the period. Sowell Financial Services LLC bought a new position in NXP Semiconductors in the 1st quarter worth approximately $320,000. Farther Finance Advisors LLC boosted its stake in NXP Semiconductors by 133.5% in the 1st quarter. Farther Finance Advisors LLC now owns 2,153 shares of the semiconductor provider's stock worth $409,000 after purchasing an additional 1,231 shares during the period. M&T Bank Corp boosted its stake in NXP Semiconductors by 14.5% in the 1st quarter. M&T Bank Corp now owns 7,436 shares of the semiconductor provider's stock worth $1,413,000 after purchasing an additional 943 shares during the period. Finally, Nisa Investment Advisors LLC boosted its stake in NXP Semiconductors by 18.2% in the 1st quarter. Nisa Investment Advisors LLC now owns 12,653 shares of the semiconductor provider's stock worth $2,418,000 after purchasing an additional 1,951 shares during the period. 90.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

NXPI has been the subject of a number of recent research reports. Morgan Stanley set a $229.00 target price on shares of NXP Semiconductors in a report on Monday, April 21st. UBS Group upped their price target on shares of NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Susquehanna upped their price target on shares of NXP Semiconductors from $195.00 to $210.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Citigroup upped their price target on shares of NXP Semiconductors from $210.00 to $275.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Finally, TD Cowen upped their price target on shares of NXP Semiconductors from $185.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, April 30th. Four research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $256.05.

NXP Semiconductors Trading Up 7.3%

NXPI stock traded up $14.98 during midday trading on Tuesday, reaching $220.14. The company's stock had a trading volume of 1,589,805 shares, compared to its average volume of 3,005,869. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.20 and a current ratio of 1.74. The stock has a fifty day simple moving average of $218.43 and a two-hundred day simple moving average of $206.48. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $259.74. The firm has a market capitalization of $55.50 billion, a price-to-earnings ratio of 26.26, a PEG ratio of 2.35 and a beta of 1.41.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.66 by $0.06. NXP Semiconductors had a return on equity of 27.99% and a net margin of 17.72%. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the firm posted $3.20 earnings per share. The business's revenue was down 6.4% compared to the same quarter last year. On average, equities research analysts predict that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th were paid a dividend of $1.014 per share. The ex-dividend date was Wednesday, June 25th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors's dividend payout ratio (DPR) is currently 48.39%.

Insider Buying and Selling at NXP Semiconductors

In other news, EVP Jennifer Wuamett sold 9,132 shares of the firm's stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the transaction, the executive vice president owned 27,088 shares in the company, valued at approximately $6,230,240. This trade represents a 25.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO William Betz sold 6,785 shares of the firm's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $227.34, for a total value of $1,542,501.90. Following the transaction, the chief financial officer owned 1,520 shares in the company, valued at approximately $345,556.80. This represents a 81.70% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.12% of the company's stock.

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.