Kintegral Advisory LLC Makes New $35,000 Investment in NXP Semiconductors N.V. $NXPI

Key Points

• Kintegral Advisory LLC initiated a position in NXP Semiconductors by purchasing 11,033 shares valued at approximately $35,000. Institutional investors collectively own 90.54% of the company, while insiders own 0.05%.
• NXP reported quarterly earnings of $3.61 per share, exceeding estimates of $3.52, while revenue rose 19.5% year over year to $3.50 billion. The company also declared a quarterly dividend of $1.014 per share, equivalent to an annualized yield of about 1.8%.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $305.43, compared with the stock’s reported price of $223.58. Recent targets range from $270 to $325.

Kintegral Advisory LLC purchased a new position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,033 shares of the semiconductor provider's stock, valued at approximately $35,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. MCF Advisors LLC boosted its stake in shares of NXP Semiconductors by 25.3% during the fourth quarter. MCF Advisors LLC now owns 213 shares of the semiconductor provider's stock valued at $46,000 after acquiring an additional 43 shares during the last quarter. Aptus Capital Advisors LLC raised its stake in NXP Semiconductors by 1.3% in the 4th quarter. Aptus Capital Advisors LLC now owns 3,464 shares of the semiconductor provider's stock valued at $752,000 after purchasing an additional 43 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in NXP Semiconductors by 2.0% in the 1st quarter. Gamco Investors INC. ET AL now owns 2,305 shares of the semiconductor provider's stock valued at $454,000 after purchasing an additional 45 shares in the last quarter. IHT Wealth Management LLC lifted its holdings in NXP Semiconductors by 4.6% in the 2nd quarter. IHT Wealth Management LLC now owns 1,193 shares of the semiconductor provider's stock valued at $261,000 after purchasing an additional 52 shares in the last quarter. Finally, Equitable Holdings Inc. boosted its stake in shares of NXP Semiconductors by 1.4% during the 4th quarter. Equitable Holdings Inc. now owns 3,813 shares of the semiconductor provider's stock worth $828,000 after purchasing an additional 54 shares during the last quarter. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NXP Semiconductors

In other news, EVP Andrew Micallef sold 1,000 shares of the business's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $315.57, for a total transaction of $315,570.00. Following the completion of the sale, the executive vice president directly owned 8,942 shares of the company's stock, valued at $2,821,826.94. The trade was a 10.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by company insiders.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $223.58 on Monday. The company has a market cap of $56.38 billion, a P/E ratio of 19.08, a P/E/G ratio of 0.76 and a beta of 1.81. NXP Semiconductors N.V. has a 12 month low of $183.00 and a 12 month high of $339.95. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.04 and a quick ratio of 1.36. The company has a 50-day moving average of $257.48 and a 200-day moving average of $252.48.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $0.09. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The business had revenue of $3.50 billion for the quarter, compared to analysts' expectations of $3.47 billion. During the same period last year, the company earned $2.72 earnings per share. The company's quarterly revenue was up 19.5% on a year-over-year basis. As a group, equities analysts predict that NXP Semiconductors N.V. will post 13.73 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be paid a dividend of $1.014 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $4.06 dividend on an annualized basis and a yield of 1.8%. NXP Semiconductors's dividend payout ratio (DPR) is currently 34.56%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Oppenheimer lifted their price target on shares of NXP Semiconductors from $300.00 to $325.00 and gave the stock an "outperform" rating in a report on Friday, July 24th. Wall Street Zen downgraded shares of NXP Semiconductors from a "buy" rating to a "hold" rating in a research note on Saturday. UBS Group restated a "neutral" rating and set a $270.00 target price (down from $305.00) on shares of NXP Semiconductors in a research report on Monday, August 3rd. Needham & Company LLC reaffirmed a "buy" rating and issued a $300.00 target price on shares of NXP Semiconductors in a research note on Wednesday, July 29th. Finally, Bank of America reiterated a "neutral" rating on shares of NXP Semiconductors in a report on Wednesday, July 29th. Sixteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $305.43.

NXP Semiconductors 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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