NXP Semiconductors (NASDAQ:NXPI) Shares Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. grew its position in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 26,011.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,700 shares of the semiconductor provider's stock after purchasing an additional 4,682 shares during the period. Jefferies Financial Group Inc.'s holdings in NXP Semiconductors were worth $977,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Runnymede Capital Advisors Inc. acquired a new position in shares of NXP Semiconductors in the fourth quarter valued at about $32,000. Smithfield Trust Co purchased a new stake in shares of NXP Semiconductors in the fourth quarter worth about $32,000. Ameriflex Group Inc. purchased a new stake in shares of NXP Semiconductors in the fourth quarter worth about $44,000. Asset Dedication LLC boosted its stake in shares of NXP Semiconductors by 126.6% in the fourth quarter. Asset Dedication LLC now owns 358 shares of the semiconductor provider's stock worth $74,000 after buying an additional 200 shares during the last quarter. Finally, Manchester Capital Management LLC boosted its stake in shares of NXP Semiconductors by 25.5% in the fourth quarter. Manchester Capital Management LLC now owns 389 shares of the semiconductor provider's stock worth $81,000 after buying an additional 79 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock traded up $1.68 during mid-day trading on Monday, reaching $192.81. 1,734,231 shares of the stock traded hands, compared to its average volume of 2,688,327. The business has a 50-day moving average of $186.83 and a 200 day moving average of $205.91. NXP Semiconductors has a fifty-two week low of $148.09 and a fifty-two week high of $296.08. The stock has a market capitalization of $48.71 billion, a PE ratio of 19.82, a PEG ratio of 3.01 and a beta of 1.38. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The semiconductor provider reported $2.64 EPS for the quarter, beating the consensus estimate of $2.59 by $0.05. NXP Semiconductors had a return on equity of 31.45% and a net margin of 19.90%. The firm had revenue of $2.84 billion during the quarter, compared to analysts' expectations of $2.83 billion. During the same quarter last year, the firm earned $3.24 earnings per share. The business's revenue for the quarter was down 9.3% on a year-over-year basis. On average, analysts predict that NXP Semiconductors will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $4.06 annualized dividend and a dividend yield of 2.10%. NXP Semiconductors's dividend payout ratio is presently 44.12%.

Wall Street Analysts Forecast Growth

NXPI has been the topic of a number of recent research reports. Arete Research upgraded NXP Semiconductors to a "strong-buy" rating in a research note on Tuesday, March 25th. TD Cowen upped their target price on NXP Semiconductors from $185.00 to $210.00 and gave the stock a "buy" rating in a research note on Wednesday, April 30th. The Goldman Sachs Group restated a "buy" rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Morgan Stanley set a $229.00 price target on NXP Semiconductors in a research report on Monday, April 21st. Finally, Needham & Company LLC lowered their price target on NXP Semiconductors from $230.00 to $225.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. Four equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $246.22.

Insider Activity at NXP Semiconductors

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the firm's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $204.86, for a total transaction of $204,860.00. Following the completion of the sale, the chief operating officer now owns 8,828 shares of the company's stock, valued at $1,808,504.08. This trade represents a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.12% of the company's stock.

NXP Semiconductors 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.