Dynamic Advisor Solutions LLC Lowers Stock Holdings in NXP Semiconductors N.V. $NXPI

Dynamic Advisor Solutions LLC reduced its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI) by 59.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,267 shares of the semiconductor provider’s stock after selling 3,302 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in NXP Semiconductors were worth $516,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Brown Lisle Cummings Inc. grew its holdings in NXP Semiconductors by 121.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider’s stock valued at $33,000 after buying an additional 84 shares during the period. Delos Wealth Advisors LLC acquired a new stake in shares of NXP Semiconductors in the second quarter worth approximately $35,000. North Capital Inc. grew its holdings in NXP Semiconductors by 119.8% in the third quarter. North Capital Inc. now owns 189 shares of the semiconductor provider’s stock valued at $43,000 after purchasing an additional 103 shares during the period. True Wealth Design LLC increased its position in NXP Semiconductors by 375.6% during the second quarter. True Wealth Design LLC now owns 195 shares of the semiconductor provider’s stock worth $43,000 after purchasing an additional 154 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in NXP Semiconductors during the second quarter worth approximately $43,000. 90.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on NXPI shares. Stifel Nicolaus set a $215.00 price target on shares of NXP Semiconductors in a report on Tuesday, October 28th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $280.00 target price on shares of NXP Semiconductors in a report on Tuesday, October 28th. Sanford C. Bernstein set a $220.00 price target on NXP Semiconductors and gave the company a “market perform” rating in a research report on Wednesday, October 29th. JPMorgan Chase & Co. raised their price objective on NXP Semiconductors from $240.00 to $245.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Finally, Truist Financial boosted their target price on NXP Semiconductors from $254.00 to $265.00 and gave the stock a “buy” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $260.62.

NXP Semiconductors Price Performance

NXPI stock opened at $228.94 on Tuesday. The stock’s 50 day moving average is $211.63 and its two-hundred day moving average is $218.95. NXP Semiconductors N.V. has a 52-week low of $148.09 and a 52-week high of $255.45. The company has a market capitalization of $57.62 billion, a PE ratio of 28.33, a P/E/G ratio of 3.36 and a beta of 1.46. The company has a quick ratio of 1.69, a current ratio of 2.37 and a debt-to-equity ratio of 1.09.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Tuesday, October 28th. The semiconductor provider reported $3.11 earnings per share for the quarter, missing analysts’ consensus estimates of $3.12 by ($0.01). The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.15 billion. NXP Semiconductors had a return on equity of 26.92% and a net margin of 17.11%.The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the business posted $3.45 EPS. Analysts predict that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 10th will be given a dividend of $1.014 per share. The ex-dividend date of this dividend is Wednesday, December 10th. This represents a $4.06 annualized dividend and a dividend yield of 1.8%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 50.25%.

Insider Buying and Selling

In related news, EVP Jennifer Wuamett sold 8,372 shares of NXP Semiconductors stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $207.01, for a total value of $1,733,087.72. Following the completion of the transaction, the executive vice president directly owned 19,175 shares in the company, valued at approximately $3,969,416.75. This trade represents a 30.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Julie Southern acquired 225 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were purchased at an average price of $225.48 per share, for a total transaction of $50,733.00. Following the purchase, the insider directly owned 11,937 shares of the company’s stock, valued at $2,691,554.76. This represents a 1.92% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.12% of the company’s stock.

About NXP Semiconductors

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.