Aptus Capital Advisors LLC Invests $260,000 in NXP Semiconductors (NASDAQ:NXPI)

Aptus Capital Advisors LLC bought a new position in shares of NXP Semiconductors (NASDAQ:NXPIFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,302 shares of the semiconductor provider’s stock, valued at approximately $260,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. lifted its position in NXP Semiconductors by 5.6% during the second quarter. BlackRock Inc. now owns 18,357,248 shares of the semiconductor provider’s stock valued at $3,757,361,000 after purchasing an additional 966,022 shares during the last quarter. Vanguard Group Inc. lifted its position in NXP Semiconductors by 2.0% during the first quarter. Vanguard Group Inc. now owns 10,793,360 shares of the semiconductor provider’s stock valued at $1,997,635,000 after purchasing an additional 210,979 shares during the last quarter. State Street Corp lifted its position in NXP Semiconductors by 1.8% during the second quarter. State Street Corp now owns 10,194,157 shares of the semiconductor provider’s stock valued at $2,096,655,000 after purchasing an additional 182,173 shares during the last quarter. Geode Capital Management LLC lifted its position in NXP Semiconductors by 2.4% during the second quarter. Geode Capital Management LLC now owns 4,720,138 shares of the semiconductor provider’s stock valued at $963,365,000 after purchasing an additional 108,703 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in NXP Semiconductors by 44.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,417,231 shares of the semiconductor provider’s stock valued at $823,704,000 after purchasing an additional 1,360,582 shares during the last quarter. Institutional investors own 90.21% of the company’s stock.

NXP Semiconductors Trading Up 2.5 %

Shares of NXPI opened at $233.55 on Monday. The company has a 50 day simple moving average of $219.04 and a two-hundred day simple moving average of $205.82. NXP Semiconductors has a 1 year low of $155.31 and a 1 year high of $238.27. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.91 and a quick ratio of 1.39. The firm has a market cap of $60.20 billion, a P/E ratio of 21.81, a price-to-earnings-growth ratio of 0.87 and a beta of 1.57.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Wednesday, December 13th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Tuesday, December 12th. This represents a $4.06 annualized dividend and a dividend yield of 1.74%. NXP Semiconductors’s dividend payout ratio (DPR) is 37.91%.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 2,120 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $227.26, for a total value of $481,791.20. Following the completion of the transaction, the executive vice president now directly owns 38,229 shares in the company, valued at $8,687,922.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO William Betz sold 4,428 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $204.00, for a total value of $903,312.00. Following the transaction, the chief financial officer now owns 1,518 shares in the company, valued at approximately $309,672. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Jennifer Wuamett sold 2,120 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $227.26, for a total transaction of $481,791.20. Following the completion of the transaction, the executive vice president now owns 38,229 shares in the company, valued at approximately $8,687,922.54. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,261 shares of company stock worth $4,776,057. 0.13% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. TD Cowen lifted their target price on shares of NXP Semiconductors from $250.00 to $270.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th. Needham & Company LLC lowered their price objective on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday, November 8th. Mizuho boosted their price objective on shares of NXP Semiconductors from $220.00 to $225.00 and gave the stock a “neutral” rating in a report on Wednesday, February 7th. Barclays upgraded shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $200.00 to $260.00 in a report on Tuesday, January 16th. Finally, Citigroup lowered shares of NXP Semiconductors from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $216.00 to $150.00 in a report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $237.08.

View Our Latest Stock Report on NXP Semiconductors

NXP Semiconductors Company Profile

(Free Report)

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.

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

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