Clarius Group LLC Purchases 1,441 Shares of NXP Semiconductors N.V. (NASDAQ:NXPI)

Clarius Group LLC raised its position in NXP Semiconductors N.V. (NASDAQ:NXPI) by 134.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,512 shares of the semiconductor provider’s stock after purchasing an additional 1,441 shares during the period. Clarius Group LLC’s holdings in NXP Semiconductors were worth $477,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Smithfield Trust Co bought a new stake in shares of NXP Semiconductors during the fourth quarter worth $32,000. Runnymede Capital Advisors Inc. bought a new stake in shares of NXP Semiconductors during the fourth quarter worth $32,000. Ameriflex Group Inc. bought a new stake in shares of NXP Semiconductors during the fourth quarter worth $44,000. Strategic Financial Concepts LLC bought a new stake in shares of NXP Semiconductors during the fourth quarter worth $46,000. Finally, GoalVest Advisory LLC increased its position in shares of NXP Semiconductors by 472.9% during the first quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider’s stock worth $52,000 after acquiring an additional 227 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Morgan Stanley set a $229.00 price objective on shares of NXP Semiconductors in a research report on Monday, April 21st. Needham & Company LLC lowered their price objective on shares of NXP Semiconductors from $230.00 to $225.00 and set a “buy” rating for the company in a research report on Tuesday, April 29th. Cantor Fitzgerald increased their target price on shares of NXP Semiconductors from $225.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday. Evercore ISI restated an “outperform” rating and set a $289.00 target price (up previously from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. Finally, Citigroup reduced their target price on shares of NXP Semiconductors from $290.00 to $220.00 and set a “buy” rating for the company in a report on Friday, April 11th. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $244.78.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $211.45 on Thursday. The company has a current ratio of 2.09, a quick ratio of 1.47 and a debt-to-equity ratio of 1.10. The firm’s fifty day moving average price is $194.91 and its two-hundred day moving average price is $205.05. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $296.08. The firm has a market capitalization of $53.42 billion, a P/E ratio of 23.03, a price-to-earnings-growth ratio of 2.65 and a beta of 1.39.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.05. NXP Semiconductors had a net margin of 19.16% and a return on equity of 29.62%. The firm had revenue of $2.84 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same period in the prior year, the firm posted $3.24 earnings per share. The company’s quarterly revenue was down 9.3% compared to the same quarter last year. As a group, research analysts anticipate that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th will be given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.92%. The ex-dividend date is Wednesday, June 25th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 44.23%.

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.