Dynamic Advisor Solutions LLC Buys 698 Shares of NXP Semiconductors N.V. (NASDAQ:NXPI)

Dynamic Advisor Solutions LLC raised its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 15.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,281 shares of the semiconductor provider’s stock after purchasing an additional 698 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in NXP Semiconductors were worth $1,004,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. FMR LLC lifted its position in NXP Semiconductors by 0.3% during the fourth quarter. FMR LLC now owns 25,084,729 shares of the semiconductor provider’s stock valued at $5,213,861,000 after purchasing an additional 86,716 shares during the last quarter. Vanguard Group Inc. lifted its position in NXP Semiconductors by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 13,322,338 shares of the semiconductor provider’s stock valued at $2,769,048,000 after purchasing an additional 99,667 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in NXP Semiconductors by 1.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 8,046,230 shares of the semiconductor provider’s stock valued at $1,672,409,000 after purchasing an additional 144,391 shares during the last quarter. Geode Capital Management LLC lifted its position in NXP Semiconductors by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 5,242,415 shares of the semiconductor provider’s stock valued at $1,088,094,000 after purchasing an additional 96,483 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in NXP Semiconductors by 6.0% during the fourth quarter. Franklin Resources Inc. now owns 4,729,345 shares of the semiconductor provider’s stock valued at $982,994,000 after purchasing an additional 269,656 shares during the last quarter. Institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on NXPI shares. Citigroup lowered 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 shares of NXP Semiconductors in a research note on Monday, April 21st. TD Cowen raised their target price on shares of NXP Semiconductors from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, April 30th. UBS Group cut their target price on shares of NXP Semiconductors from $265.00 to $250.00 and set a “buy” rating on the stock in a research report on Wednesday, April 30th. Finally, Barclays cut 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. Four equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, NXP Semiconductors presently has an average rating of “Moderate Buy” and a consensus price target of $244.78.

NXP Semiconductors Stock Performance

NXPI opened at $212.83 on Wednesday. The stock has a market cap of $53.77 billion, a P/E ratio of 23.18, a P/E/G ratio of 2.71 and a beta of 1.39. 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 firm has a fifty day moving average price of $194.40 and a 200 day moving average price of $205.00. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.05. The business had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.83 billion. NXP Semiconductors had a net margin of 19.16% and a return on equity of 29.62%. The company’s revenue was down 9.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.24 earnings per share. Equities research analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th will be given a $1.014 dividend. The ex-dividend date is Wednesday, June 25th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.91%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 44.23%.

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.