United Capital Financial Advisors LLC Acquires New Holdings in NXP Semiconductors N.V. $NXPI

United Capital Financial Advisors LLC bought a new position in NXP Semiconductors N.V. (NASDAQ:NXPI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,778 shares of the semiconductor provider’s stock, valued at approximately $1,062,000.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in NXP Semiconductors during the 2nd quarter valued at $6,716,412,000. Bank of America Corp DE purchased a new position in shares of NXP Semiconductors in the 2nd quarter worth $1,169,846,000. Norges Bank purchased a new position in shares of NXP Semiconductors in the 4th quarter worth $613,029,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of NXP Semiconductors by 34,719.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,680,395 shares of the semiconductor provider’s stock worth $581,807,000 after acquiring an additional 2,672,697 shares during the period. Finally, Jupiter Topco LLC bought a new stake in shares of NXP Semiconductors in the second quarter worth $742,385,000. Institutional investors own 90.54% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Morgan Stanley increased their target price on NXP Semiconductors from $335.00 to $338.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. TD Cowen cut their price target on NXP Semiconductors from $340.00 to $290.00 and set a “buy” rating for the company in a research note on Wednesday, July 29th. Wall Street Zen lowered shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Saturday. Oppenheimer increased their price objective on shares of NXP Semiconductors from $300.00 to $325.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $290.00 price objective on shares of NXP Semiconductors in a report on Wednesday, July 29th. Sixteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, NXP Semiconductors presently has an average rating of “Moderate Buy” and a consensus target price of $305.43.

Insiders Place Their Bets

In other NXP Semiconductors news, EVP Christopher L. Jensen sold 1,746 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $316.53, for a total transaction of $552,661.38. Following the sale, the executive vice president directly owned 3,643 shares of the company’s stock, valued at $1,153,118.79. This trade represents a 32.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $315.57, for a total value of $315,570.00. Following the completion of the transaction, the executive vice president owned 8,942 shares in the company, valued at $2,821,826.94. The trade was a 10.06% 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 currently owned by insiders.

NXP Semiconductors Stock Down 1.0%

NXPI stock opened at $223.58 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 quick ratio of 1.36, a current ratio of 2.04 and a debt-to-equity ratio of 0.88. The stock has a market cap of $56.38 billion, a P/E ratio of 19.08, a PEG ratio of 0.76 and a beta of 1.81. The business’s 50-day moving average price is $257.48 and its 200-day moving average price is $252.32.

NXP Semiconductors (NASDAQ:NXPI) last released its earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 EPS for the quarter, topping analysts’ consensus estimates of $3.52 by $0.09. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The company had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.47 billion. During the same quarter last year, the business earned $2.72 EPS. The firm’s revenue was up 19.5% compared to the same quarter last year. On average, equities research analysts forecast that NXP Semiconductors N.V. will post 13.73 EPS for the current year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Wednesday, June 24th were paid a dividend of $1.014 per share. The ex-dividend date was Wednesday, June 24th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.8%. NXP Semiconductors’s payout ratio is 34.64%.

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.