Redhawk Wealth Advisors Inc. purchased a new stake in NXP Semiconductors NV (NASDAQ:NXPI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,999 shares of the semiconductor provider’s stock, valued at approximately $218,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Nisa Investment Advisors LLC lifted its stake in NXP Semiconductors by 20.7% in the second quarter. Nisa Investment Advisors LLC now owns 55,480 shares of the semiconductor provider’s stock valued at $5,415,000 after buying an additional 9,500 shares during the period. CWM Advisors LLC lifted its stake in NXP Semiconductors by 2.5% in the second quarter. CWM Advisors LLC now owns 5,582 shares of the semiconductor provider’s stock valued at $545,000 after buying an additional 135 shares during the period. Nomura Asset Management Co. Ltd. lifted its stake in NXP Semiconductors by 10.6% in the second quarter. Nomura Asset Management Co. Ltd. now owns 76,599 shares of the semiconductor provider’s stock valued at $7,477,000 after buying an additional 7,340 shares during the period. KBC Group NV lifted its stake in NXP Semiconductors by 38.9% in the second quarter. KBC Group NV now owns 486,341 shares of the semiconductor provider’s stock valued at $47,472,000 after buying an additional 136,294 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in NXP Semiconductors by 154.6% in the first quarter. Rockefeller Capital Management L.P. now owns 1,403 shares of the semiconductor provider’s stock valued at $124,000 after buying an additional 852 shares during the period. 74.81% of the stock is currently owned by hedge funds and other institutional investors.
In related news, EVP Keith M. Shull sold 4,569 shares of the company’s 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 completion of the sale, the executive vice president now owns 13,783 shares in the company, valued at $1,454,519.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Peter L. Bonfield sold 10,000 shares of the company’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $98.36, for a total value of $983,600.00. Following the sale, the chairman now owns 24,404 shares of the company’s stock, valued at approximately $2,400,377.44. 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 quarter.
NXP Semiconductors stock traded up $2.56 during trading on Friday, hitting $109.88. 1,539,754 shares of the company were exchanged, compared to its average volume of 3,667,380. The business’s 50 day moving average is $104.77 and its 200 day moving average is $98.87. NXP Semiconductors NV has a 52 week low of $67.62 and a 52 week high of $113.50. The company has a market capitalization of $36.12 billion, a P/E ratio of 18.50, a PEG ratio of 1.38 and a beta of 1.25. The company has a current ratio of 1.82, a quick ratio of 1.44 and a debt-to-equity ratio of 0.79.
NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Tuesday, July 30th. The semiconductor provider reported $2.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.48 by $0.52. NXP Semiconductors had a return on equity of 22.22% and a net margin of 23.10%. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.20 billion. Equities analysts expect that NXP Semiconductors NV will post 6.34 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Monday, September 16th were issued a dividend of $0.375 per share. The ex-dividend date was Friday, September 13th. This represents a $1.50 annualized dividend and a yield of 1.37%. This is an increase from NXP Semiconductors’s previous quarterly dividend of $0.25. NXP Semiconductors’s dividend payout ratio is 25.25%.
NXP Semiconductors Company 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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