Robeco Institutional Asset Management B.V. Grows Position in NXP Semiconductors N.V. $NXPI

Robeco Institutional Asset Management B.V. grew its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 16.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,210 shares of the semiconductor provider’s stock after buying an additional 2,903 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in NXP Semiconductors were worth $4,602,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Brown Lisle Cummings Inc. raised its stake in NXP Semiconductors by 121.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider’s stock worth $33,000 after acquiring an additional 84 shares during the last quarter. Delos Wealth Advisors LLC acquired a new position in shares of NXP Semiconductors in the second quarter valued at about $35,000. True Wealth Design LLC raised its stake in shares of NXP Semiconductors by 375.6% in 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. Legacy Investment Solutions LLC purchased a new position in shares of NXP Semiconductors in the second quarter worth about $43,000. Finally, North Capital Inc. lifted its holdings in shares of NXP Semiconductors by 119.8% during the third quarter. North Capital Inc. now owns 189 shares of the semiconductor provider’s stock worth $43,000 after purchasing an additional 103 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Christopher L. Jensen sold 2,300 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $228.17, for a total transaction of $524,791.00. Following the completion of 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Julie Southern purchased 225 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was bought at an average cost of $225.48 per share, for a total transaction of $50,733.00. Following the purchase, the insider directly owned 11,937 shares in the company, valued at $2,691,554.76. This trade represents a 1.92% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have sold 23,097 shares of company stock worth $5,003,058. 0.12% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NXPI shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $280.00 price target on shares of NXP Semiconductors in a report on Tuesday, October 28th. TD Cowen dropped their price objective on shares of NXP Semiconductors from $270.00 to $260.00 and set a “buy” rating on the stock in a report on Friday, October 10th. Sanford C. Bernstein set a $220.00 price objective on shares of NXP Semiconductors and gave the stock a “market perform” rating in a research note on Wednesday, October 29th. Stifel Nicolaus set a $215.00 target price on shares of NXP Semiconductors in a research report on Tuesday, October 28th. Finally, JPMorgan Chase & Co. upped their price target on shares of NXP Semiconductors from $240.00 to $245.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus price target of $260.62.

NXP Semiconductors Stock Performance

NXPI opened at $241.15 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.37 and a quick ratio of 1.69. The firm has a fifty day moving average price of $214.91 and a 200 day moving average price of $220.26. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $255.45. The stock has a market cap of $60.69 billion, a P/E ratio of 29.85, a P/E/G ratio of 3.03 and a beta of 1.46.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Tuesday, October 28th. The semiconductor provider reported $3.11 EPS for the quarter, missing the consensus estimate of $3.12 by ($0.01). The firm had revenue of $3.17 billion for 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 firm’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.45 EPS. 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 firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 10th were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $4.06 dividend on an annualized basis and a yield of 1.7%. NXP Semiconductors’s dividend payout ratio is presently 50.12%.

NXP Semiconductors 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.