NXP Semiconductors N.V. (NASDAQ:NXPI) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. decreased its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 25.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 3,695 shares of the semiconductor provider's stock after selling 1,267 shares during the period. Stratos Wealth Partners LTD.'s holdings in NXP Semiconductors were worth $702,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of NXPI. Norges Bank purchased a new stake in shares of NXP Semiconductors during the fourth quarter worth about $672,224,000. Voloridge Investment Management LLC boosted its position in NXP Semiconductors by 131.4% in the fourth quarter. Voloridge Investment Management LLC now owns 1,025,517 shares of the semiconductor provider's stock valued at $213,154,000 after buying an additional 582,317 shares during the last quarter. GAMMA Investing LLC boosted its position in NXP Semiconductors by 26,732.0% in the first quarter. GAMMA Investing LLC now owns 583,864 shares of the semiconductor provider's stock valued at $110,969,000 after buying an additional 581,688 shares during the last quarter. Pictet Asset Management Holding SA boosted its position in NXP Semiconductors by 14.0% in the fourth quarter. Pictet Asset Management Holding SA now owns 4,086,294 shares of the semiconductor provider's stock valued at $849,336,000 after buying an additional 500,413 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in NXP Semiconductors by 36.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,552,802 shares of the semiconductor provider's stock valued at $322,764,000 after buying an additional 414,932 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company's stock.

NXP Semiconductors Price Performance

NASDAQ NXPI traded up $3.92 during mid-day trading on Thursday, hitting $224.50. The stock had a trading volume of 1,980,460 shares, compared to its average volume of 2,768,810. The firm's 50 day moving average is $212.97 and its 200 day moving average is $205.84. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $285.55. 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 stock has a market capitalization of $56.72 billion, a price-to-earnings ratio of 24.46, a PEG ratio of 2.75 and a beta of 1.40.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings data 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 29.62% and a net margin of 19.16%. The firm had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the prior year, the company earned $3.24 EPS. The firm's revenue was down 9.3% compared to the same quarter last year. Equities research analysts forecast that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th were paid a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend was Wednesday, June 25th. NXP Semiconductors's dividend payout ratio is currently 44.23%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on NXPI shares. Barclays dropped their target price on NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Wells Fargo & Company upped their target price on NXP Semiconductors from $240.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, June 16th. Stifel Nicolaus dropped their target price on NXP Semiconductors from $210.00 to $170.00 and set a "hold" rating on the stock in a research report on Thursday, April 17th. TD Cowen boosted their price target on NXP Semiconductors from $185.00 to $210.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. Finally, Morgan Stanley set a $229.00 price target on NXP Semiconductors in a report on Monday, April 21st. Four analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $251.63.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 9,132 shares of the firm's stock in a transaction on 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 completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.12% of the company's stock.

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.