Natixis Advisors LLC Sells 85,903 Shares of NXP Semiconductors N.V. (NASDAQ:NXPI)

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Natixis Advisors LLC lessened its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 20.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 342,771 shares of the semiconductor provider's stock after selling 85,903 shares during the period. Natixis Advisors LLC owned 0.14% of NXP Semiconductors worth $65,147,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of NXPI. Brighton Jones LLC grew its stake in shares of 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 acquiring an additional 218 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of NXP Semiconductors by 25.6% in the 4th quarter. CIBC Private Wealth Group LLC now owns 9,595 shares of the semiconductor provider's stock worth $2,012,000 after buying an additional 1,957 shares during the last quarter. Summit Financial LLC boosted its holdings in shares of NXP Semiconductors by 9.4% in the 4th quarter. Summit Financial LLC now owns 1,980 shares of the semiconductor provider's stock worth $413,000 after buying an additional 170 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of NXP Semiconductors by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 5,242,415 shares of the semiconductor provider's stock worth $1,088,094,000 after buying an additional 96,483 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of NXP Semiconductors by 1.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 8,046,230 shares of the semiconductor provider's stock worth $1,672,409,000 after buying an additional 144,391 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

Insider Buying and Selling at NXP Semiconductors

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. KeyCorp upped their price objective on shares of NXP Semiconductors from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Cantor Fitzgerald reissued an "overweight" rating and issued a $250.00 price target on shares of NXP Semiconductors in a report on Tuesday, July 22nd. KGI Securities raised shares of NXP Semiconductors to a "strong-buy" rating in a report on Wednesday, July 23rd. Morgan Stanley set a $229.00 price target on shares of NXP Semiconductors in a report on Monday, April 21st. Finally, Citigroup increased their price target on shares of NXP Semiconductors from $210.00 to $275.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Four analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, NXP Semiconductors presently has an average rating of "Moderate Buy" and an average price target of $256.05.

NXP Semiconductors Trading Down 1.8%

Shares of NASDAQ:NXPI traded down $3.85 during trading on Friday, reaching $209.92. 2,554,398 shares of the company traded hands, compared to its average volume of 2,588,644. The business's fifty day moving average is $216.84 and its 200-day moving average is $206.91. NXP Semiconductors N.V. has a 52-week low of $148.09 and a 52-week high of $259.74. The firm has a market capitalization of $52.92 billion, a price-to-earnings ratio of 25.02, a P/E/G ratio of 2.43 and a beta of 1.42. The company has a current ratio of 1.74, a quick ratio of 1.20 and a debt-to-equity ratio of 0.99.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 EPS 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 company had revenue of $2.93 billion during 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 firm's revenue was down 6.4% on a year-over-year basis. As a group, analysts forecast that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, June 25th. This represents a $4.06 annualized dividend and a yield of 1.9%. NXP Semiconductors's dividend payout ratio (DPR) is currently 48.27%.

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.