Van Lanschot Kempen Investment Management N.V. Increases Position in NXP Semiconductors (NASDAQ:NXPI)

Van Lanschot Kempen Investment Management N.V. boosted its stake in NXP Semiconductors (NASDAQ:NXPI) by 19.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,195,851 shares of the semiconductor provider’s stock after buying an additional 195,200 shares during the period. NXP Semiconductors accounts for approximately 2.5% of Van Lanschot Kempen Investment Management N.V.’s portfolio, making the stock its 7th largest position. Van Lanschot Kempen Investment Management N.V. owned 0.47% of NXP Semiconductors worth $248,558,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Central Bank & Trust Co. grew its holdings in NXP Semiconductors by 1.1% in the fourth quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock worth $917,000 after purchasing an additional 48 shares during the period. Parkside Financial Bank & Trust increased its position in NXP Semiconductors by 9.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 573 shares of the semiconductor provider’s stock valued at $119,000 after buying an additional 51 shares in the last quarter. Private Trust Co. NA raised its stake in NXP Semiconductors by 5.8% during the fourth quarter. Private Trust Co. NA now owns 968 shares of the semiconductor provider’s stock valued at $201,000 after buying an additional 53 shares during the last quarter. J. W. Coons Advisors LLC boosted its holdings in NXP Semiconductors by 2.1% in the fourth quarter. J. W. Coons Advisors LLC now owns 2,972 shares of the semiconductor provider’s stock worth $618,000 after acquiring an additional 60 shares in the last quarter. Finally, Hunter Associates Investment Management LLC grew its stake in shares of NXP Semiconductors by 0.3% in the fourth quarter. Hunter Associates Investment Management LLC now owns 20,060 shares of the semiconductor provider’s stock worth $4,180,000 after acquiring an additional 61 shares during the last quarter. 90.54% of the stock is owned by institutional investors.

Insider Buying and Selling at NXP Semiconductors

In other news, COO Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $204.86, for a total transaction of $204,860.00. Following the sale, the chief operating officer now directly owns 8,828 shares in the company, valued at $1,808,504.08. This trade represents a 10.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.11% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $170.74 on Monday. NXP Semiconductors has a 52 week low of $148.09 and a 52 week high of $296.08. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. The stock has a market cap of $43.30 billion, a price-to-earnings ratio of 17.55, a PEG ratio of 3.01 and a beta of 1.40. The business has a 50-day simple moving average of $201.13 and a two-hundred day simple moving average of $214.70.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th were paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date was Wednesday, March 19th. NXP Semiconductors’s payout ratio is 41.62%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on NXPI shares. Morgan Stanley raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $231.00 to $257.00 in a research report on Wednesday, February 12th. Mizuho increased their target price on NXP Semiconductors from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Needham & Company LLC lowered their price target on NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Barclays decreased their target price on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Finally, StockNews.com lowered shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Four analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average target price of $261.50.

NXP Semiconductors Profile

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.