Vontobel Holding Ltd. Has $58.98 Million Stock Position in NXP Semiconductors N.V. (NASDAQ:NXPI)

Vontobel Holding Ltd. increased its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 15.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 310,319 shares of the semiconductor provider's stock after purchasing an additional 40,954 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.12% of NXP Semiconductors worth $58,979,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rovin Capital UT ADV grew its stake in shares of NXP Semiconductors by 12.2% in the 1st quarter. Rovin Capital UT ADV now owns 3,528 shares of the semiconductor provider's stock valued at $671,000 after buying an additional 385 shares in the last quarter. ABLE Financial Group LLC grew its position in NXP Semiconductors by 7.4% in the first quarter. ABLE Financial Group LLC now owns 4,551 shares of the semiconductor provider's stock worth $865,000 after acquiring an additional 315 shares in the last quarter. Mather Group LLC. grew its position in NXP Semiconductors by 35.4% in the first quarter. Mather Group LLC. now owns 1,024 shares of the semiconductor provider's stock worth $195,000 after acquiring an additional 268 shares in the last quarter. Alta Advisers Ltd acquired a new position in shares of NXP Semiconductors during the 1st quarter worth $255,000. Finally, J.Safra Asset Management Corp raised its holdings in shares of NXP Semiconductors by 71.1% during the 1st quarter. J.Safra Asset Management Corp now owns 1,932 shares of the semiconductor provider's stock valued at $367,000 after purchasing an additional 803 shares in the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Stock Performance

NXP Semiconductors stock traded up $2.72 during trading hours on Tuesday, hitting $221.21. The stock had a trading volume of 4,047,359 shares, compared to its average volume of 2,743,796. The company has a 50-day moving average of $202.15 and a two-hundred day moving average of $204.44. 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 N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $296.08. The company has a market cap of $55.88 billion, a PE ratio of 24.10, a price-to-earnings-growth ratio of 2.71 and a beta of 1.39.

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, equities research analysts anticipate that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th will be issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date is Wednesday, June 25th. NXP Semiconductors's payout ratio is 44.23%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on NXPI shares. Barclays lowered their target price 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. Arete Research raised NXP Semiconductors to a "strong-buy" rating in a report on Tuesday, March 25th. Morgan Stanley set a $229.00 price objective on NXP Semiconductors in a research note on Monday, April 21st. Needham & Company LLC decreased their target price on NXP Semiconductors from $230.00 to $225.00 and set a "buy" rating for the company in a research report on Tuesday, April 29th. Finally, Wells Fargo & Company lifted their price target on shares of NXP Semiconductors from $240.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, June 16th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, NXP Semiconductors has an average rating of "Moderate Buy" and an average target price of $244.78.

NXP Semiconductors Company 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.