1,982 Shares in NXP Semiconductors N.V. $NXPI Purchased by Mizuho Markets Americas LLC

Mizuho Markets Americas LLC purchased a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,982 shares of the semiconductor provider’s stock, valued at approximately $390,000.

A number of other large investors have also added to or reduced their stakes in NXPI. JPL Wealth Management LLC bought a new position in shares of NXP Semiconductors during the 3rd quarter valued at approximately $26,000. SHP Wealth Management purchased a new position in shares of NXP Semiconductors in the fourth quarter valued at $27,000. Acumen Wealth Advisors LLC bought a new stake in NXP Semiconductors in the fourth quarter worth $28,000. Jessup Wealth Management Inc bought a new stake in NXP Semiconductors in the fourth quarter worth $29,000. Finally, Quattro Advisors LLC purchased a new stake in NXP Semiconductors during the fourth quarter valued at $30,000. Institutional investors own 90.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on NXPI shares. KeyCorp boosted their target price on shares of NXP Semiconductors from $300.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Needham & Company LLC lifted their price target on NXP Semiconductors from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Morgan Stanley boosted their price objective on NXP Semiconductors from $299.00 to $335.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Stifel Nicolaus upped their price objective on NXP Semiconductors from $215.00 to $250.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Finally, Cantor Fitzgerald raised their price objective on NXP Semiconductors from $380.00 to $400.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Sixteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $306.59.

NXP Semiconductors Trading Down 0.5%

Shares of NXPI opened at $277.29 on Friday. NXP Semiconductors N.V. has a twelve month low of $183.00 and a twelve month high of $339.95. The company has a market cap of $70.01 billion, a P/E ratio of 26.53, a P/E/G ratio of 1.16 and a beta of 1.79. The company has a current ratio of 2.24, a quick ratio of 1.55 and a debt-to-equity ratio of 1.00. The company’s fifty day simple moving average is $296.33 and its 200-day simple moving average is $252.24.

NXP Semiconductors (NASDAQ:NXPI) last released its earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.98 by $0.07. NXP Semiconductors had a net margin of 21.03% and a return on equity of 26.75%. The firm had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same quarter last year, the business earned $2.64 EPS. The business’s revenue was up 12.2% on a year-over-year basis. As a group, analysts expect that NXP Semiconductors N.V. will post 13.46 EPS for the current year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, June 24th were paid a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $4.06 annualized dividend and a yield of 1.5%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.85%.

Insider Activity

In other news, EVP Andrew Micallef sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $315.57, for a total transaction of $315,570.00. Following the transaction, the executive vice president owned 8,942 shares of the company’s stock, valued at approximately $2,821,826.94. This represents a 10.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 1,746 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $316.53, for a total value of $552,661.38. Following the completion of the sale, the executive vice president owned 3,643 shares in the company, valued at approximately $1,153,118.79. The trade was a 32.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by company insiders.

About NXP Semiconductors

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.