NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Axa S.A.

AXA S.A. decreased its position in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 15.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 530,993 shares of the semiconductor provider's stock after selling 99,235 shares during the period. AXA S.A. owned about 0.21% of NXP Semiconductors worth $110,367,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NXPI. Wilmington Savings Fund Society FSB purchased a new stake in shares of NXP Semiconductors in the third quarter valued at about $1,574,000. Tidal Investments LLC lifted its stake in NXP Semiconductors by 9.3% in the 3rd quarter. Tidal Investments LLC now owns 18,124 shares of the semiconductor provider's stock valued at $4,350,000 after buying an additional 1,542 shares in the last quarter. Franklin Resources Inc. grew its holdings in NXP Semiconductors by 2.1% during the 3rd quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider's stock valued at $1,063,322,000 after buying an additional 93,129 shares during the last quarter. Principal Financial Group Inc. increased its position in NXP Semiconductors by 1.9% during the third quarter. Principal Financial Group Inc. now owns 303,895 shares of the semiconductor provider's stock worth $72,938,000 after buying an additional 5,722 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in shares of NXP Semiconductors by 11.3% in the fourth quarter. Nordea Investment Management AB now owns 293,497 shares of the semiconductor provider's stock worth $61,347,000 after acquiring an additional 29,890 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Stock Down 1.4 %

NASDAQ:NXPI traded down $2.54 on Tuesday, reaching $182.41. The stock had a trading volume of 1,576,148 shares, compared to its average volume of 2,601,839. NXP Semiconductors has a 12-month low of $148.09 and a 12-month high of $296.08. The stock has a market cap of $46.26 billion, a P/E ratio of 18.75, a price-to-earnings-growth ratio of 3.01 and a beta of 1.40. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The company has a 50-day moving average of $191.07 and a 200 day moving average of $210.79.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted 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. NXP Semiconductors had a return on equity of 31.45% and a net margin of 19.90%. The company had revenue of $2.84 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the previous year, the business earned $3.24 EPS. NXP Semiconductors's revenue for the quarter was down 9.3% compared to the same quarter last year. On average, research analysts predict that NXP Semiconductors will post 10.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th were paid a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.22%. NXP Semiconductors's dividend payout ratio (DPR) is presently 44.12%.

Wall Street Analyst Weigh In

A number of analysts recently commented on NXPI shares. Morgan Stanley set a $229.00 price objective on NXP Semiconductors in a research report on Monday, April 21st. StockNews.com downgraded shares of NXP Semiconductors from a "buy" rating to a "hold" rating in a research note on Wednesday, January 29th. Susquehanna lowered their target price on shares of NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Barclays reduced their price target on NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Finally, UBS Group lowered their price objective on NXP Semiconductors from $265.00 to $250.00 and set a "buy" rating for the company in a research report on Wednesday, April 30th. Four equities 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. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of "Moderate Buy" and an average target price of $250.37.

Insider Activity

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the company'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 sale, the chief operating officer now owns 8,828 shares in the company, valued at $1,808,504.08. This represents a 10.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.11% of the company's stock.

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.