Asset Management One Co. Ltd. Has $24.42 Million Stock Holdings in NXP Semiconductors N.V. $NXPI

Asset Management One Co. Ltd. increased its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 3.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,235 shares of the semiconductor provider’s stock after buying an additional 3,948 shares during the quarter. Asset Management One Co. Ltd.’s holdings in NXP Semiconductors were worth $24,421,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of NXP Semiconductors by 20.6% in the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider’s stock worth $265,000 after purchasing an additional 218 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in NXP Semiconductors by 15.8% during the first quarter. Integrated Wealth Concepts LLC now owns 9,336 shares of the semiconductor provider’s stock valued at $1,774,000 after purchasing an additional 1,274 shares in the last quarter. NewEdge Advisors LLC increased its stake in NXP Semiconductors by 3.4% in the 1st quarter. NewEdge Advisors LLC now owns 7,021 shares of the semiconductor provider’s stock valued at $1,334,000 after buying an additional 234 shares during the period. Sciencast Management LP grew its holdings in shares of NXP Semiconductors by 15.7% during the 1st quarter. Sciencast Management LP now owns 8,592 shares of the semiconductor provider’s stock valued at $1,633,000 after acquiring an additional 1,166 shares in the last quarter. Finally, MBB Public Markets I LLC purchased a new position in shares of NXP Semiconductors during the 1st quarter valued at $284,000. 90.54% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other 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 transaction, the executive vice president directly owned 19,175 shares in the company, valued at approximately $3,969,416.75. The trade was a 30.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christopher L. Jensen sold 2,300 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $228.17, for a total value of $524,791.00. Following the transaction, the executive vice president directly owned 9,965 shares of the company’s stock, valued at $2,273,714.05. This represents a 18.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.12% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on NXPI shares. Cantor Fitzgerald reiterated an “overweight” rating and set a $280.00 price objective on shares of NXP Semiconductors in a report on Tuesday, October 28th. Sanford C. Bernstein set a $220.00 target price on NXP Semiconductors and gave the stock a “market perform” rating in a research report on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NXP Semiconductors in a research note on Wednesday, October 8th. Stifel Nicolaus set a $215.00 price target on NXP Semiconductors in a research note on Tuesday, October 28th. Finally, JPMorgan Chase & Co. increased 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. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, NXP Semiconductors currently has an average rating of “Moderate Buy” and a consensus price target of $260.62.

NXP Semiconductors Stock Performance

Shares of NASDAQ NXPI opened at $223.88 on Tuesday. The business’s 50-day simple moving average is $212.29 and its 200-day simple moving average is $219.52. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.69 and a current ratio of 2.37. NXP Semiconductors N.V. has a 52 week low of $148.09 and a 52 week high of $255.45. The firm has a market cap of $56.34 billion, a price-to-earnings ratio of 27.71, a P/E/G ratio of 2.78 and a beta of 1.46.

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

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 10th will be issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.8%. The ex-dividend date is Wednesday, December 10th. NXP Semiconductors’s dividend payout ratio (DPR) is 50.25%.

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.