NXP Semiconductors N.V. $NXPI Shares Sold by Trillium Asset Management LLC

Trillium Asset Management LLC lowered its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI) by 16.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 114,937 shares of the semiconductor provider’s stock after selling 22,708 shares during the quarter. Trillium Asset Management LLC’s holdings in NXP Semiconductors were worth $25,451,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. MGO One Seven LLC grew its stake in shares of NXP Semiconductors by 63.0% in the 4th quarter. MGO One Seven LLC now owns 13,870 shares of the semiconductor provider’s stock worth $3,011,000 after purchasing an additional 5,359 shares during the last quarter. Teacher Retirement System of Texas grew its stake in shares of NXP Semiconductors by 16.4% in the 4th quarter. Teacher Retirement System of Texas now owns 45,366 shares of the semiconductor provider’s stock worth $9,847,000 after purchasing an additional 6,379 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of NXP Semiconductors by 21.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,227,516 shares of the semiconductor provider’s stock worth $507,241,000 after purchasing an additional 398,250 shares during the last quarter. Cibc World Market Inc. grew its stake in shares of NXP Semiconductors by 293.6% in the 3rd quarter. Cibc World Market Inc. now owns 38,543 shares of the semiconductor provider’s stock worth $8,777,000 after purchasing an additional 28,751 shares during the last quarter. Finally, Zevenbergen Capital Investments LLC grew its stake in shares of NXP Semiconductors by 43.5% in the 4th quarter. Zevenbergen Capital Investments LLC now owns 26,400 shares of the semiconductor provider’s stock worth $5,730,000 after purchasing an additional 8,000 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $304.86 on Friday. NXP Semiconductors N.V. has a one year low of $183.00 and a one year high of $339.95. The company has a 50-day moving average of $270.67 and a two-hundred day moving average of $238.24. The stock has a market cap of $76.97 billion, a price-to-earnings ratio of 29.17, a PEG ratio of 1.09 and a beta of 1.77. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.24 and a quick ratio of 1.55.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 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 company had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same period last year, the company posted $2.64 earnings per share. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. On average, equities research analysts expect that NXP Semiconductors N.V. will post 13.38 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Wednesday, June 24th will be issued a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, June 24th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.85%.

Analyst Ratings Changes

Several brokerages have recently issued reports on NXPI. Citigroup lifted their price objective on shares of NXP Semiconductors from $255.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of NXP Semiconductors in a research note on Wednesday, April 29th. BNP Paribas Exane lifted their price objective on shares of NXP Semiconductors from $270.00 to $310.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Stifel Nicolaus raised their target price on shares of NXP Semiconductors from $215.00 to $250.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Finally, Wall Street Zen upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $295.92.

Insiders Place Their Bets

In other NXP Semiconductors news, EVP Andrew Hardy sold 5,289 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $235.00, for a total value of $1,242,915.00. Following the completion of the transaction, the executive vice president directly owned 2,020 shares in the company, valued at $474,700. This trade represents a 72.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $194.58, for a total transaction of $194,580.00. Following the sale, the executive vice president owned 9,942 shares of the company’s stock, valued at approximately $1,934,514.36. This represents a 9.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 12,611 shares of company stock worth $3,061,078 over the last ninety days. 0.05% of the stock is currently 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.