GDS Wealth Management Boosts Holdings in NXP Semiconductors N.V. $NXPI

GDS Wealth Management raised its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 4.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,938 shares of the semiconductor provider’s stock after acquiring an additional 3,141 shares during the period. GDS Wealth Management’s holdings in NXP Semiconductors were worth $16,610,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Shelton Capital Management boosted its holdings in NXP Semiconductors by 16.1% during the 2nd quarter. Shelton Capital Management now owns 83,378 shares of the semiconductor provider’s stock valued at $18,217,000 after acquiring an additional 11,577 shares during the period. Alberta Investment Management Corp bought a new position in shares of NXP Semiconductors in the second quarter worth about $3,540,000. Vantage Investment Partners LLC increased its stake in NXP Semiconductors by 5.2% in the 2nd quarter. Vantage Investment Partners LLC now owns 34,193 shares of the semiconductor provider’s stock worth $7,471,000 after buying an additional 1,675 shares during the period. OMERS ADMINISTRATION Corp lifted its holdings in NXP Semiconductors by 13.6% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 58,645 shares of the semiconductor provider’s stock valued at $12,813,000 after buying an additional 7,034 shares in the last quarter. Finally, CCLA Investment Management boosted its position in 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 buying an additional 33,112 shares during the period. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

NXPI has been the subject of several research analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of NXP Semiconductors in a research note on Friday, January 16th. Mizuho lifted their target price on NXP Semiconductors from $265.00 to $285.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Barclays reissued an “overweight” rating and set a $255.00 price target on shares of NXP Semiconductors in a research report on Thursday, January 15th. Weiss Ratings restated a “hold (c)” rating on shares of NXP Semiconductors in a report on Thursday. Finally, Stifel Nicolaus set a $215.00 price objective on shares of NXP Semiconductors in a research note on Tuesday, October 28th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $259.29.

NXP Semiconductors Price Performance

NXPI opened at $232.48 on Friday. The firm has a market capitalization of $58.51 billion, a PE ratio of 28.77, a price-to-earnings-growth ratio of 2.91 and a beta of 1.46. 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 business’s 50-day moving average is $221.27 and its two-hundred day moving average is $221.09. 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 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). NXP Semiconductors had a net margin of 17.11% and a return on equity of 26.92%. The firm had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.15 billion. During the same period in the previous year, the company posted $3.45 earnings per share. The business’s quarterly revenue was down 2.4% compared to the same quarter last year. Research analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

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

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, insider Julie Southern acquired 225 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was purchased at an average price of $225.48 per share, for a total transaction of $50,733.00. Following the acquisition, the insider owned 11,937 shares in the company, valued at approximately $2,691,554.76. This trade represents a 1.92% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christopher L. Jensen sold 2,300 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were 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 in the company, valued at $2,273,714.05. This represents a 18.75% decrease in their ownership of the stock. The disclosure for this sale 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. Corporate insiders own 0.12% of the company’s stock.

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.