Robeco Schweiz AG Acquires 10,070 Shares of NXP Semiconductors N.V. (NASDAQ:NXPI)

Robeco Schweiz AG increased its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 7.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,700 shares of the semiconductor provider's stock after purchasing an additional 10,070 shares during the period. Robeco Schweiz AG owned approximately 0.06% of NXP Semiconductors worth $26,932,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Runnymede Capital Advisors Inc. bought a new stake in NXP Semiconductors in the 4th quarter valued at approximately $32,000. Valley National Advisers Inc. raised its stake in shares of NXP Semiconductors by 118.9% during the 1st quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock worth $43,000 after purchasing an additional 126 shares in the last quarter. Ameriflex Group Inc. bought a new stake in shares of NXP Semiconductors during the 4th quarter worth approximately $44,000. Rossby Financial LCC bought a new stake in shares of NXP Semiconductors during the 1st quarter worth approximately $46,000. Finally, GoalVest Advisory LLC raised its stake in shares of NXP Semiconductors by 472.9% during the 1st quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock worth $52,000 after purchasing an additional 227 shares in the last quarter. Institutional investors own 90.54% of the company's stock.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $233.19 on Friday. The company has a fifty day moving average price of $209.19 and a 200-day moving average price of $205.48. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.09 and a quick ratio of 1.47. The firm has a market cap of $58.91 billion, a price-to-earnings ratio of 25.40, a PEG ratio of 2.87 and a beta of 1.40. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $296.08.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share for the quarter, topping analysts' consensus estimates of $2.59 by $0.05. The company had revenue of $2.84 billion for the quarter, compared to the consensus estimate of $2.83 billion. NXP Semiconductors had a net margin of 19.16% and a return on equity of 29.62%. The firm's quarterly revenue was down 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $3.24 EPS. As a group, equities research analysts predict that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal 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 issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date was Wednesday, June 25th. NXP Semiconductors's payout ratio is 44.23%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NXPI. Arete Research upgraded NXP Semiconductors to a "strong-buy" rating in a research note on Tuesday, March 25th. TD Cowen boosted their target price on NXP Semiconductors from $185.00 to $210.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Citigroup boosted their target price on NXP Semiconductors from $210.00 to $275.00 and gave the stock a "buy" rating in a report on Monday. Stifel Nicolaus decreased their price objective on NXP Semiconductors from $210.00 to $170.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. Finally, Barclays decreased their price objective on NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, NXP Semiconductors currently has an average rating of "Moderate Buy" and an average price target of $251.63.

Insider Activity

In other news, EVP Jennifer Wuamett sold 9,132 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 27,088 shares of the company's stock, valued at approximately $6,230,240. This represents a 25.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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.

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