Worldquant Millennium Advisors LLC Has $48.81 Million Stock Position in NXP Semiconductors NV (NASDAQ:NXPI)

Worldquant Millennium Advisors LLC boosted its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 64.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 499,998 shares of the semiconductor provider’s stock after buying an additional 195,960 shares during the period. NXP Semiconductors makes up 0.9% of Worldquant Millennium Advisors LLC’s portfolio, making the stock its 26th largest holding. Worldquant Millennium Advisors LLC owned 0.15% of NXP Semiconductors worth $48,805,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Schroder Investment Management Group lifted its holdings in shares of NXP Semiconductors by 11.6% during the 2nd quarter. Schroder Investment Management Group now owns 8,929 shares of the semiconductor provider’s stock worth $872,000 after acquiring an additional 929 shares during the period. Nuveen Asset Management LLC lifted its holdings in shares of NXP Semiconductors by 581.2% during the 2nd quarter. Nuveen Asset Management LLC now owns 2,665,036 shares of the semiconductor provider’s stock worth $260,134,000 after acquiring an additional 2,273,799 shares during the period. HBK Sorce Advisory LLC lifted its stake in NXP Semiconductors by 3.2% in the 2nd quarter. HBK Sorce Advisory LLC now owns 4,487 shares of the semiconductor provider’s stock valued at $438,000 after purchasing an additional 139 shares during the last quarter. OneAscent Financial Services LLC bought a new position in NXP Semiconductors in the 2nd quarter valued at approximately $908,000. Finally, Victory Capital Management Inc. lifted its stake in NXP Semiconductors by 42.1% in the 2nd quarter. Victory Capital Management Inc. now owns 12,565 shares of the semiconductor provider’s stock valued at $1,226,000 after purchasing an additional 3,722 shares during the last quarter. Institutional investors and hedge funds own 74.81% of the company’s stock.

In other news, EVP Keith M. Shull sold 4,196 shares of the firm’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $108.14, for a total transaction of $453,755.44. Following the completion of the transaction, the executive vice president now owns 9,587 shares of the company’s stock, valued at $1,036,738.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Keith M. Shull sold 4,569 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $105.53, for a total transaction of $482,166.57. Following the sale, the executive vice president now owns 13,783 shares of the company’s stock, valued at $1,454,519.99. The disclosure for this sale can be found here. Insiders have sold 18,765 shares of company stock valued at $1,919,522 in the last ninety days.



Shares of NXPI stock traded down $2.13 during trading hours on Tuesday, hitting $103.92. 121,627 shares of the company’s stock traded hands, compared to its average volume of 2,130,289. The stock’s 50 day simple moving average is $103.18 and its 200 day simple moving average is $98.12. The stock has a market cap of $34.45 billion, a PE ratio of 17.49, a price-to-earnings-growth ratio of 1.32 and a beta of 1.24. NXP Semiconductors NV has a 12 month low of $67.62 and a 12 month high of $112.06. The company has a quick ratio of 1.44, a current ratio of 1.82 and a debt-to-equity ratio of 0.79.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Tuesday, July 30th. The semiconductor provider reported $2.00 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.48 by $0.52. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.20 billion. NXP Semiconductors had a net margin of 23.10% and a return on equity of 22.22%. As a group, equities research analysts expect that NXP Semiconductors NV will post 6.34 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 4th. Stockholders of record on Monday, September 16th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.44%. This is an increase from NXP Semiconductors’s previous quarterly dividend of $0.25. NXP Semiconductors’s dividend payout ratio (DPR) is presently 25.25%.

NXPI has been the subject of several research reports. Loop Capital initiated coverage on shares of NXP Semiconductors in a research note on Wednesday, August 28th. They issued a “buy” rating and a $118.00 price objective for the company. Zacks Investment Research downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Saturday, July 27th. Evercore ISI raised shares of NXP Semiconductors from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $110.00 to $125.00 in a research note on Monday, July 29th. Stifel Nicolaus dropped their price objective on shares of NXP Semiconductors from $105.00 to $100.00 and set a “hold” rating for the company in a research note on Thursday, August 29th. Finally, Raymond James initiated coverage on shares of NXP Semiconductors in a research note on Monday, August 19th. They issued an “outperform” rating and a $115.00 price objective for the company. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $106.33.

NXP Semiconductors Profile

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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