Aberdeen Group plc Has $131.44 Million Stake in NXP Semiconductors N.V. $NXPI

Aberdeen Group plc increased its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 14.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 605,523 shares of the semiconductor provider’s stock after purchasing an additional 77,329 shares during the period. Aberdeen Group plc owned approximately 0.24% of NXP Semiconductors worth $131,435,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Rovin Capital UT ADV boosted its stake in NXP Semiconductors by 1.5% during the 3rd quarter. Rovin Capital UT ADV now owns 3,573 shares of the semiconductor provider’s stock valued at $814,000 after purchasing an additional 52 shares during the last quarter. IHT Wealth Management LLC raised its stake in shares of NXP Semiconductors by 4.6% in the second quarter. IHT Wealth Management LLC now owns 1,193 shares of the semiconductor provider’s stock worth $261,000 after purchasing an additional 52 shares during the last quarter. Invera Wealth Advisors LLC lifted its holdings in shares of NXP Semiconductors by 0.9% in the third quarter. Invera Wealth Advisors LLC now owns 6,104 shares of the semiconductor provider’s stock valued at $1,390,000 after purchasing an additional 56 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its position in shares of NXP Semiconductors by 1.9% during the third quarter. Avidian Wealth Enterprises LLC now owns 3,008 shares of the semiconductor provider’s stock valued at $685,000 after buying an additional 56 shares during the last quarter. Finally, Inspire Investing LLC boosted its position in shares of NXP Semiconductors by 0.5% during the third quarter. Inspire Investing LLC now owns 10,993 shares of the semiconductor provider’s stock valued at $2,503,000 after buying an additional 57 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $194.55 on Friday. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $256.36. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.05 and a quick ratio of 1.38. The stock’s fifty day moving average price is $216.85 and its two-hundred day moving average price is $218.33. The firm has a market cap of $49.16 billion, a PE ratio of 24.50, a PEG ratio of 0.88 and a beta of 1.46.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor provider reported $3.35 earnings per share for the quarter, topping the consensus estimate of $3.31 by $0.04. NXP Semiconductors had a return on equity of 26.72% and a net margin of 16.47%.The company had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.30 billion. During the same quarter in the prior year, the company earned $3.18 EPS. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities research analysts forecast that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Wednesday, March 25th will be issued a $1.014 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $4.06 annualized dividend and a yield of 2.1%. NXP Semiconductors’s dividend payout ratio (DPR) is 51.13%.

Insiders Place Their Bets

In related news, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $194.58, for a total value of $194,580.00. Following the completion of the transaction, the executive vice president directly owned 9,942 shares in the company, valued at approximately $1,934,514.36. The trade was a 9.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

NXPI has been the subject of a number of analyst reports. Citigroup lowered their price target on NXP Semiconductors from $285.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of NXP Semiconductors in a report on Friday, January 16th. Wells Fargo & Company upped their target price on shares of NXP Semiconductors from $260.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Cantor Fitzgerald reiterated an “overweight” rating on shares of NXP Semiconductors in a report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. raised their price target on shares of NXP Semiconductors from $245.00 to $250.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $253.67.

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.