OneDigital Investment Advisors LLC Invests $946,000 in NXP Semiconductors N.V. $NXPI

OneDigital Investment Advisors LLC bought a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,367 shares of the semiconductor provider’s stock, valued at approximately $946,000.

Several other hedge funds and other institutional investors also recently modified their holdings of NXPI. JPL Wealth Management LLC purchased a new stake in NXP Semiconductors in the third quarter worth about $26,000. SHP Wealth Management purchased a new position in shares of NXP Semiconductors during the 4th quarter worth approximately $27,000. Allied Private Wealth LLC purchased a new position in shares of NXP Semiconductors during the 2nd quarter worth approximately $28,000. Acumen Wealth Advisors LLC bought a new position in shares of NXP Semiconductors in the 4th quarter worth approximately $28,000. Finally, Bell Investment Advisors Inc bought a new position in shares of NXP Semiconductors in the 2nd quarter worth approximately $29,000. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Trading Down 0.8%

Shares of NASDAQ NXPI opened at $232.72 on Tuesday. The firm’s 50 day moving average price is $271.70 and its 200-day moving average price is $252.70. NXP Semiconductors N.V. has a 52-week low of $183.00 and a 52-week high of $339.95. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.36 and a current ratio of 2.04. The company has a market cap of $58.68 billion, a PE ratio of 19.86, a P/E/G ratio of 0.80 and a beta of 1.82.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter last year, the firm earned $2.72 earnings per share. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. On average, equities research analysts expect that NXP Semiconductors N.V. will post 13.73 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Wednesday, June 24th were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.7%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 34.64%.

Insider Buying and Selling at NXP Semiconductors

In other news, EVP Christopher L. Jensen sold 1,746 shares of the business’s stock in a transaction 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 transaction, the executive vice president owned 3,643 shares in the company, valued at $1,153,118.79. The trade was a 32.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $315.57, for a total value of $315,570.00. Following the transaction, the executive vice president directly owned 8,942 shares in the company, valued at approximately $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 owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NXPI. Morgan Stanley lifted their price target on NXP Semiconductors from $335.00 to $338.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Needham & Company LLC restated a “buy” rating and set a $300.00 target price on shares of NXP Semiconductors in a report on Wednesday, July 29th. Evercore increased their price target on shares of NXP Semiconductors from $260.00 to $320.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Susquehanna boosted their price objective on shares of NXP Semiconductors from $210.00 to $250.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NXP Semiconductors in a research note on Friday, July 31st. Sixteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $305.43.

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.