Valeo Financial Advisors LLC Has $799,000 Stock Holdings in NXP Semiconductors N.V. (NASDAQ:NXPI)

Valeo Financial Advisors LLC reduced its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 26.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,203 shares of the semiconductor provider's stock after selling 1,474 shares during the period. Valeo Financial Advisors LLC's holdings in NXP Semiconductors were worth $799,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NXPI. Runnymede Capital Advisors Inc. bought a new position in NXP Semiconductors during the fourth quarter valued at approximately $32,000. Ameriflex Group Inc. bought a new position in shares of NXP Semiconductors during the 4th quarter valued at $44,000. Valley National Advisers Inc. lifted its stake in shares of NXP Semiconductors by 118.9% in the 1st quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock valued at $43,000 after purchasing an additional 126 shares during the last quarter. Rossby Financial LCC bought a new stake in NXP Semiconductors in the first quarter worth $46,000. Finally, GoalVest Advisory LLC increased its position in NXP Semiconductors by 472.9% during the first quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock worth $52,000 after buying an additional 227 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 9,132 shares of the firm's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the completion of the transaction, the executive vice president owned 27,088 shares in the company, valued at $6,230,240. This trade represents a 25.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.12% of the stock is currently owned by insiders.

NXP Semiconductors Stock Performance

Shares of NXPI stock traded down $4.27 during mid-day trading on Friday, reaching $228.92. The stock had a trading volume of 1,869,805 shares, compared to its average volume of 2,772,256. NXP Semiconductors N.V. has a one year low of $148.09 and a one year high of $296.08. The firm has a market cap of $57.83 billion, a PE ratio of 24.94, a P/E/G ratio of 2.85 and a beta of 1.40. The firm's 50 day simple moving average is $210.01 and its 200 day simple moving average is $205.51. The company has a quick ratio of 1.47, a current ratio of 2.09 and a debt-to-equity ratio of 1.10.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its earnings results on Monday, April 28th. The semiconductor provider reported $2.64 EPS for the quarter, topping the consensus estimate of $2.59 by $0.05. NXP Semiconductors had a return on equity of 29.62% and a net margin of 19.16%. The firm had revenue of $2.84 billion during the quarter, compared to analysts' expectations of $2.83 billion. During the same period last year, the business earned $3.24 earnings per share. NXP Semiconductors's quarterly revenue was down 9.3% compared to the same quarter last year. On average, analysts forecast that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th were given a dividend of $1.014 per share. The ex-dividend date was Wednesday, June 25th. This represents a $4.06 annualized dividend and a dividend yield of 1.77%. NXP Semiconductors's dividend payout ratio (DPR) is currently 44.23%.

Analysts Set New Price Targets

NXPI has been the subject of several recent analyst reports. UBS Group upped their price target on NXP Semiconductors from $250.00 to $276.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. 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 report on Wednesday, April 30th. Barclays dropped their price target on shares of NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Needham & Company LLC decreased their price objective on shares of NXP Semiconductors from $230.00 to $225.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. Finally, Citigroup raised their target price on shares of NXP Semiconductors from $210.00 to $275.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Four research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $251.63.

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.