Van Lanschot Kempen Investment Management N.V. Purchases 195,200 Shares of NXP Semiconductors (NASDAQ:NXPI)

Van Lanschot Kempen Investment Management N.V. lifted its stake in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 19.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,195,851 shares of the semiconductor provider's stock after buying an additional 195,200 shares during the quarter. NXP Semiconductors accounts for approximately 2.5% of Van Lanschot Kempen Investment Management N.V.'s holdings, making the stock its 7th largest holding. Van Lanschot Kempen Investment Management N.V. owned about 0.47% of NXP Semiconductors worth $248,558,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its holdings in NXP Semiconductors by 57.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 32,707 shares of the semiconductor provider's stock worth $6,798,000 after acquiring an additional 11,876 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in NXP Semiconductors by 377.9% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 411 shares of the semiconductor provider's stock valued at $85,000 after buying an additional 325 shares during the last quarter. Mirabella Financial Services LLP acquired a new position in NXP Semiconductors during the 4th quarter valued at about $736,000. MML Investors Services LLC grew its holdings in NXP Semiconductors by 1.7% in the 4th quarter. MML Investors Services LLC now owns 21,495 shares of the semiconductor provider's stock worth $4,468,000 after buying an additional 359 shares in the last quarter. Finally, MetLife Investment Management LLC increased its holdings in shares of NXP Semiconductors by 1.7% during the fourth quarter. MetLife Investment Management LLC now owns 62,801 shares of the semiconductor provider's stock valued at $13,053,000 after purchasing an additional 1,028 shares during the period. Hedge funds and other institutional investors own 90.54% of the company's stock.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $204.86, for a total transaction of $204,860.00. Following the completion of the sale, the chief operating officer now directly 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.11% of the stock is owned by company insiders.

NXP Semiconductors Price Performance

Shares of NXPI traded down $0.02 on Friday, hitting $193.55. The company's stock had a trading volume of 2,485,588 shares, compared to its average volume of 2,582,745. The company has a 50 day moving average price of $197.09 and a 200 day moving average price of $213.19. NXP Semiconductors has a fifty-two week low of $148.09 and a fifty-two week high of $296.08. The company has a market capitalization of $49.09 billion, a PE ratio of 19.89, a PEG ratio of 3.01 and a beta of 1.40. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60.

NXP Semiconductors Dividend Announcement

The firm 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 was Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.10%. NXP Semiconductors's dividend payout ratio (DPR) is presently 41.62%.

Analyst Ratings Changes

A number of research analysts recently commented on NXPI shares. Barclays lowered their price objective on shares of NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating on the stock in a research note on Tuesday. Citigroup decreased their target price on shares of NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating for the company in a report on Friday, April 11th. Morgan Stanley set a $229.00 price target on NXP Semiconductors in a research report on Monday, April 21st. Cantor Fitzgerald reiterated an "overweight" rating and issued a $250.00 target price on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Finally, StockNews.com lowered NXP Semiconductors from a "buy" rating to a "hold" rating in a report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $258.10.

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.