NXP Semiconductors N.V. (NASDAQ:NXPI) Shares Bought by WealthShield Partners LLC

Key Points

• WealthShield Partners LLC increased its stake in NXP Semiconductors by 97.8% in Q1, now owning 20,037 shares valued at approximately $3.8 million.
• NXP Semiconductors reported $2.72 earnings per share for the last quarter, surpassing estimates of $2.66, though revenue was down 6.4% year-over-year.
• The company recently declared a quarterly dividend of $1.014 per share, representing an annualized yield of 1.9%.

WealthShield Partners LLC raised its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 97.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,037 shares of the semiconductor provider's stock after purchasing an additional 9,908 shares during the period. WealthShield Partners LLC's holdings in NXP Semiconductors were worth $3,818,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Ameriflex Group Inc. acquired a new stake in shares of NXP Semiconductors during the 4th quarter valued at approximately $44,000. Valley National Advisers Inc. boosted its stake in NXP Semiconductors by 118.9% in the first quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock valued at $43,000 after acquiring an additional 126 shares during the period. Rossby Financial LCC acquired a new position in NXP Semiconductors in the first quarter valued at approximately $46,000. GoalVest Advisory LLC boosted its stake in NXP Semiconductors by 472.9% in the first quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock valued at $52,000 after acquiring an additional 227 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its stake in NXP Semiconductors by 112.1% in the first quarter. Cullen Frost Bankers Inc. now owns 316 shares of the semiconductor provider's stock valued at $60,000 after acquiring an additional 167 shares during the period. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Trading Down 1.7%

NASDAQ:NXPI opened at $208.47 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99. 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 $52.56 billion, a price-to-earnings ratio of 24.85, a price-to-earnings-growth ratio of 2.40 and a beta of 1.41. The stock has a fifty day simple moving average of $217.43 and a 200 day simple moving average of $206.82.

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

NXP Semiconductors Dividend Announcement

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 of this dividend was Wednesday, June 25th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.9%. NXP Semiconductors's dividend payout ratio (DPR) is 48.39%.

Insider Transactions at NXP Semiconductors

In other news, CFO William Betz sold 6,785 shares of the firm's stock in a transaction dated 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 sale, the chief financial officer directly owned 1,520 shares of the company's stock, valued at $345,556.80. This trade represents a 81.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jennifer Wuamett sold 9,132 shares of the firm's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $230.00, for a total value of $2,100,360.00. Following the sale, the executive vice president directly owned 27,088 shares of the company's stock, valued at $6,230,240. This trade represents a 25.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.12% of the stock is owned by company insiders.

Analyst Ratings Changes

NXPI has been the subject of a number of research reports. Stifel Nicolaus lifted their target price on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research note on Friday, July 18th. KGI Securities upgraded NXP Semiconductors to a "strong-buy" rating in a research note on Wednesday, July 23rd. Wells Fargo & Company upped their price objective on NXP Semiconductors from $250.00 to $260.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. UBS Group upped their price objective on NXP Semiconductors from $250.00 to $276.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Finally, Needham & Company LLC upped their price objective on NXP Semiconductors from $225.00 to $250.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. Four research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $256.05.

About NXP Semiconductors

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.

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