Nomura Holdings Inc. Buys 9,950 Shares of NXP Semiconductors (NASDAQ:NXPI)

Nomura Holdings Inc. increased its holdings in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 75.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 23,197 shares of the semiconductor provider's stock after buying an additional 9,950 shares during the quarter. Nomura Holdings Inc.'s holdings in NXP Semiconductors were worth $4,821,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NXPI. Sound Income Strategies LLC grew its stake in shares of NXP Semiconductors by 169.2% during the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock valued at $29,000 after purchasing an additional 88 shares during the period. Smithfield Trust Co bought a new stake in shares of NXP Semiconductors during the 4th quarter valued at about $32,000. Runnymede Capital Advisors Inc. bought a new stake in shares of NXP Semiconductors during the 4th quarter valued at about $32,000. Brooklyn Investment Group grew its stake in shares of NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock valued at $33,000 after purchasing an additional 66 shares during the period. Finally, Strategic Financial Concepts LLC bought a new position in shares of NXP Semiconductors during the 4th quarter valued at approximately $46,000. 90.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Susquehanna cut their price objective on NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. JPMorgan Chase & Co. cut their price objective on NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Arete Research upgraded NXP Semiconductors to a "strong-buy" rating in a research note on Tuesday, March 25th. Barclays cut their price objective on NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, Morgan Stanley set a $229.00 price objective on NXP Semiconductors in a research note on Monday, April 21st. 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 data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $246.22.

NXP Semiconductors Price Performance

Shares of NXPI traded down $2.20 during mid-day trading on Monday, hitting $210.36. 2,108,791 shares of the stock were exchanged, compared to its average volume of 2,643,844. The company has a market cap of $53.14 billion, a PE ratio of 21.62, a price-to-earnings-growth ratio of 3.01 and a beta of 1.38. NXP Semiconductors has a 52-week low of $148.09 and a 52-week high of $296.08. The firm has a 50-day moving average of $188.58 and a two-hundred day moving average of $208.27. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.05. The business had revenue of $2.84 billion for the quarter, compared to analysts' expectations of $2.83 billion. NXP Semiconductors had a return on equity of 31.45% and a net margin of 19.90%. The company's revenue for the quarter was down 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $3.24 EPS. On average, equities analysts predict that NXP Semiconductors will post 10.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th were issued a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 19th. This represents a $4.06 annualized dividend and a dividend yield of 1.93%. NXP Semiconductors's dividend payout ratio (DPR) is 44.12%.

Insider Activity

In other news, COO Andrew Micallef sold 1,000 shares of the business's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $204.86, for a total transaction of $204,860.00. Following the transaction, the chief operating officer now owns 8,828 shares of the company's stock, valued at approximately $1,808,504.08. The trade was a 10.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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.