Caldwell Trust Co Has $1.26 Million Holdings in NXP Semiconductors N.V. $NXPI

Caldwell Trust Co decreased its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 36.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,531 shares of the semiconductor provider’s stock after selling 3,205 shares during the quarter. Caldwell Trust Co’s holdings in NXP Semiconductors were worth $1,260,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of NXPI. Shelton Capital Management raised its position in NXP Semiconductors by 16.1% during the second quarter. Shelton Capital Management now owns 83,378 shares of the semiconductor provider’s stock worth $18,217,000 after acquiring an additional 11,577 shares in the last quarter. Alberta Investment Management Corp bought a new position in shares of NXP Semiconductors in the 2nd quarter valued at about $3,540,000. Vantage Investment Partners LLC increased its stake in shares of NXP Semiconductors by 5.2% during the 2nd quarter. Vantage Investment Partners LLC now owns 34,193 shares of the semiconductor provider’s stock worth $7,471,000 after purchasing an additional 1,675 shares during the last quarter. CCLA Investment Management raised its holdings in shares of NXP Semiconductors by 6.5% in the 2nd quarter. CCLA Investment Management now owns 545,580 shares of the semiconductor provider’s stock valued at $119,121,000 after purchasing an additional 33,112 shares during the period. Finally, OMERS ADMINISTRATION Corp raised its holdings in shares of NXP Semiconductors by 13.6% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 58,645 shares of the semiconductor provider’s stock valued at $12,813,000 after purchasing an additional 7,034 shares during the period. 90.54% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 12,425 shares of NXP Semiconductors stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $220.94, for a total value of $2,745,179.50. Following the completion of the sale, the executive vice president owned 11,811 shares in the company, valued at $2,609,522.34. The trade was a 51.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Julie Southern acquired 225 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was acquired at an average cost of $225.48 per share, with a total value of $50,733.00. Following the acquisition, the insider directly owned 11,937 shares in the company, valued at approximately $2,691,554.76. This trade represents a 1.92% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have sold 23,097 shares of company stock valued at $5,003,058. 0.12% of the stock is owned by company insiders.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $237.89 on Friday. The firm has a market cap of $59.87 billion, a P/E ratio of 29.44, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46. The business’s 50 day moving average is $214.27 and its 200-day moving average is $220.04. The company has a current ratio of 2.37, a quick ratio of 1.69 and a debt-to-equity ratio of 1.09. NXP Semiconductors N.V. has a 1-year low of $148.09 and a 1-year high of $255.45.

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

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 10th were given a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, December 10th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 50.25%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Evercore ISI lifted their price target on NXP Semiconductors from $289.00 to $292.00 in a report on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NXP Semiconductors in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their target price on NXP Semiconductors from $240.00 to $245.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Stifel Nicolaus set a $215.00 target price on NXP Semiconductors in a report on Tuesday, October 28th. Finally, Arete Research increased their price target on NXP Semiconductors from $273.90 to $324.40 and gave the company a “buy” rating in a research note on Monday, December 8th. 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 company’s stock. According to MarketBeat.com, NXP Semiconductors presently has an average rating of “Moderate Buy” and a consensus price target of $260.62.

NXP Semiconductors Company Profile

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.