NXP Semiconductors (NASDAQ:NXPI) Shares Purchased by Nomura Holdings Inc.

Nomura Holdings Inc. grew its position in NXP Semiconductors (NASDAQ:NXPI) by 75.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,197 shares of the semiconductor provider’s stock after purchasing an additional 9,950 shares during the period. Nomura Holdings Inc.’s holdings in NXP Semiconductors were worth $4,821,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of NXPI. SeaCrest Wealth Management LLC boosted its stake in shares of NXP Semiconductors by 24.7% during the 4th quarter. SeaCrest Wealth Management LLC now owns 1,896 shares of the semiconductor provider’s stock worth $394,000 after acquiring an additional 375 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in shares of NXP Semiconductors by 32.7% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 2,563 shares of the semiconductor provider’s stock worth $533,000 after buying an additional 631 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in NXP Semiconductors by 19.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,484 shares of the semiconductor provider’s stock worth $309,000 after purchasing an additional 240 shares in the last quarter. Pinnacle Bancorp Inc. grew its holdings in NXP Semiconductors by 38.9% in the 4th quarter. Pinnacle Bancorp Inc. now owns 628 shares of the semiconductor provider’s stock valued at $131,000 after buying an additional 176 shares in the last quarter. Finally, Outlook Wealth Advisors LLC increased its position in NXP Semiconductors by 25.6% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,852 shares of the semiconductor provider’s stock worth $385,000 after purchasing an additional 377 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Barclays lowered their price target on NXP Semiconductors from $230.00 to $190.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Cantor Fitzgerald reissued an “overweight” rating and set a $250.00 price objective on shares of NXP Semiconductors in a research report on Tuesday, February 4th. The Goldman Sachs Group restated a “buy” rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Needham & Company LLC dropped their price target on shares of NXP Semiconductors from $230.00 to $225.00 and set a “buy” rating on the stock in a research note on Tuesday, April 29th. Finally, JPMorgan Chase & Co. lowered their target price on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $246.22.

Insider Buying and Selling at NXP Semiconductors

In other news, COO Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the sale, the chief operating officer now owns 8,828 shares of the company’s stock, valued at $1,808,504.08. The trade was a 10.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.11% of the stock is currently owned by corporate insiders.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $210.73 on Friday. The firm has a market cap of $53.24 billion, a P/E ratio of 21.66, a P/E/G ratio of 3.01 and a beta of 1.38. NXP Semiconductors has a 52-week low of $148.09 and a 52-week high of $296.08. The business’s 50-day moving average price is $188.44 and its 200 day moving average price is $209.00. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.05. The company had revenue of $2.84 billion for the quarter, compared to the consensus estimate of $2.83 billion. NXP Semiconductors had a return on equity of 31.45% and a net margin of 19.90%. The company’s revenue was down 9.3% on a year-over-year basis. During the same period last year, the business posted $3.24 EPS. On average, equities research analysts expect that NXP Semiconductors will post 10.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th were given a $1.014 dividend. The ex-dividend date was Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a yield of 1.92%. NXP Semiconductors’s dividend payout ratio (DPR) is 44.12%.

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.