Wealthcare Advisory Partners LLC Sells 1,409 Shares of NXP Semiconductors (NASDAQ:NXPI)

Wealthcare Advisory Partners LLC trimmed its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 33.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,811 shares of the semiconductor provider's stock after selling 1,409 shares during the period. Wealthcare Advisory Partners LLC's holdings in NXP Semiconductors were worth $534,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Parkside Financial Bank & Trust increased its position in NXP Semiconductors by 9.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 573 shares of the semiconductor provider's stock worth $119,000 after buying an additional 51 shares during the period. Private Trust Co. NA increased its position in NXP Semiconductors by 5.8% in the 4th quarter. Private Trust Co. NA now owns 968 shares of the semiconductor provider's stock worth $201,000 after buying an additional 53 shares during the period. J. W. Coons Advisors LLC grew its holdings in shares of NXP Semiconductors by 2.1% during the 4th quarter. J. W. Coons Advisors LLC now owns 2,972 shares of the semiconductor provider's stock worth $618,000 after purchasing an additional 60 shares in the last quarter. Kestra Investment Management LLC grew its holdings in shares of NXP Semiconductors by 7.2% during the 4th quarter. Kestra Investment Management LLC now owns 904 shares of the semiconductor provider's stock worth $188,000 after purchasing an additional 61 shares in the last quarter. Finally, Keel Point LLC grew its holdings in shares of NXP Semiconductors by 4.7% during the 4th quarter. Keel Point LLC now owns 1,414 shares of the semiconductor provider's stock worth $294,000 after purchasing an additional 64 shares in the last quarter. 90.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

NXPI has been the topic of several recent research reports. Needham & Company LLC decreased their price objective on NXP Semiconductors from $230.00 to $225.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. UBS Group decreased their price objective on NXP Semiconductors from $265.00 to $250.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. TD Cowen lifted their price objective on NXP Semiconductors from $185.00 to $210.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Citigroup decreased their price objective on NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Finally, Evercore ISI lifted their price objective on NXP Semiconductors from $237.00 to $289.00 and gave the stock an "outperform" rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, NXP Semiconductors currently has an average rating of "Moderate Buy" and an average price target of $244.78.

NXP Semiconductors Stock Down 3.0%

Shares of NASDAQ:NXPI traded down $6.50 during mid-day trading on Friday, reaching $210.90. 1,839,860 shares of the stock were exchanged, compared to its average volume of 2,724,986. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. The company has a market cap of $53.28 billion, a P/E ratio of 21.68, a P/E/G ratio of 3.01 and a beta of 1.39. NXP Semiconductors has a one year low of $148.09 and a one year high of $296.08. The stock's 50 day simple moving average is $192.58 and its 200-day simple moving average is $205.33.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued 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 period in the prior year, the firm posted $3.24 earnings per share. The business's quarterly revenue was down 9.3% compared to the same quarter last year. As a group, equities research analysts predict that NXP Semiconductors will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th will be given a $1.014 dividend. The ex-dividend date of this dividend is Wednesday, June 25th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.92%. NXP Semiconductors's payout ratio is 44.12%.

Insider Activity

In related news, COO Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction that occurred 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 directly owns 8,828 shares of the company's stock, valued at approximately $1,808,504.08. This trade represents a 10.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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.