Trivium Point Advisory LLC Has $227,000 Position in NXP Semiconductors N.V. $NXPI

Trivium Point Advisory LLC lowered its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 79.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,044 shares of the semiconductor provider’s stock after selling 3,995 shares during the period. Trivium Point Advisory LLC’s holdings in NXP Semiconductors were worth $227,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of NXPI. JPL Wealth Management LLC acquired a new stake in shares of NXP Semiconductors in the third quarter valued at approximately $26,000. CNB Bank acquired a new stake in NXP Semiconductors during the 3rd quarter worth $28,000. Wexford Capital LP acquired a new stake in NXP Semiconductors during the 3rd quarter worth $31,000. Kelleher Financial Advisors acquired a new stake in NXP Semiconductors during the 3rd quarter worth $31,000. Finally, Community Bank N.A. acquired a new stake in NXP Semiconductors during the 3rd quarter worth $37,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Insider Activity

In other news, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction 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 owned 9,942 shares of the company’s stock, valued at $1,934,514.36. The trade was a 9.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.12% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on NXPI. Bank of America reaffirmed a “neutral” rating and set a $230.00 target price (down from $245.00) on shares of NXP Semiconductors in a report on Monday, April 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $250.00 target price on shares of NXP Semiconductors in a report on Tuesday, February 3rd. Mizuho reaffirmed an “underperform” rating and set a $188.00 target price (down from $255.00) on shares of NXP Semiconductors in a report on Thursday. Truist Financial lowered their target price on shares of NXP Semiconductors from $265.00 to $255.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. Finally, Wells Fargo & Company upped their price target on NXP Semiconductors from $260.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, NXP Semiconductors currently has an average rating of “Moderate Buy” and a consensus target price of $249.11.

NXP Semiconductors Price Performance

Shares of NXPI stock opened at $216.03 on Friday. NXP Semiconductors N.V. has a 12-month low of $166.60 and a 12-month high of $256.36. The firm has a market capitalization of $54.59 billion, a price-to-earnings ratio of 27.21, a price-to-earnings-growth ratio of 0.98 and a beta of 1.46. The company has a quick ratio of 1.38, a current ratio of 2.05 and a debt-to-equity ratio of 1.09. The firm has a fifty day moving average of $211.66 and a 200-day moving average of $216.78.

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

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Wednesday, March 25th were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $4.06 annualized dividend and a dividend yield of 1.9%. NXP Semiconductors’s payout ratio is 51.01%.

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.