Osaic Holdings Inc. Has $16.13 Million Holdings in NXP Semiconductors (NASDAQ:NXPI)

Osaic Holdings Inc. lowered its stake in NXP Semiconductors (NASDAQ:NXPI) by 46.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,082 shares of the semiconductor provider’s stock after selling 55,973 shares during the period. Osaic Holdings Inc.’s holdings in NXP Semiconductors were worth $16,127,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Future Financial Wealth Managment LLC acquired a new position in shares of NXP Semiconductors in the 1st quarter worth approximately $25,000. FinTrust Capital Advisors LLC increased its position in shares of NXP Semiconductors by 75.4% in the 4th quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock valued at $26,000 after buying an additional 49 shares in the last quarter. LifeSteps Financial Inc. bought a new position in NXP Semiconductors during the first quarter worth about $30,000. Valley National Advisers Inc. lifted its holdings in NXP Semiconductors by 98.6% during the fourth quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock worth $31,000 after acquiring an additional 68 shares in the last quarter. Finally, ICA Group Wealth Management LLC bought a new position in NXP Semiconductors during the fourth quarter worth about $33,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI traded up $14.52 during trading on Monday, hitting $283.81. 3,583,016 shares of the company were exchanged, compared to its average volume of 2,163,441. The business’s 50 day moving average is $273.25 and its 200-day moving average is $248.43. The company has a market capitalization of $72.57 billion, a P/E ratio of 25.36, a price-to-earnings-growth ratio of 2.52 and a beta of 1.49. The company has a quick ratio of 1.64, a current ratio of 2.35 and a debt-to-equity ratio of 1.11. NXP Semiconductors has a 1-year low of $167.21 and a 1-year high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Monday, April 29th. The semiconductor provider reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.78 by $0.07. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.13 billion. NXP Semiconductors had a return on equity of 37.65% and a net margin of 21.24%. Equities analysts forecast that NXP Semiconductors will post 12.47 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 10th. Investors of record on Thursday, June 13th were issued a $1.014 dividend. The ex-dividend date was Thursday, June 13th. This represents a $4.06 dividend on an annualized basis and a yield of 1.43%. NXP Semiconductors’s payout ratio is 37.40%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on NXPI shares. JPMorgan Chase & Co. lifted their target price on NXP Semiconductors from $240.00 to $280.00 and gave the company a “neutral” rating in a research report on Wednesday, May 1st. Oppenheimer boosted their price objective on NXP Semiconductors from $295.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, July 12th. Barclays boosted their price objective on NXP Semiconductors from $280.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday. Needham & Company LLC boosted their price objective on NXP Semiconductors from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Finally, UBS Group boosted their price objective on NXP Semiconductors from $230.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, May 1st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $282.54.

Insider Activity at NXP Semiconductors

In other NXP Semiconductors news, CEO Kurt Sievers sold 8,548 shares of the company’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $275.75, for a total transaction of $2,357,111.00. Following the sale, the chief executive officer now owns 177,889 shares of the company’s stock, valued at $49,052,891.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.11% of the stock is currently owned by company insiders.

NXP Semiconductors Company Profile

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.