Global Retirement Partners LLC Acquires 1,848 Shares of NXP Semiconductors N.V. $NXPI

Global Retirement Partners LLC boosted its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 72.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,389 shares of the semiconductor provider’s stock after purchasing an additional 1,848 shares during the quarter. Global Retirement Partners LLC’s holdings in NXP Semiconductors were worth $953,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPL Wealth Management LLC bought a new stake in shares of NXP Semiconductors in the 3rd quarter worth about $26,000. Wexford Capital LP bought a new position in shares of NXP Semiconductors in the 3rd quarter valued at about $31,000. Kelleher Financial Advisors purchased a new position in NXP Semiconductors in the third quarter worth about $31,000. Community Bank N.A. purchased a new position in NXP Semiconductors in the third quarter worth about $37,000. Finally, Cornerstone Planning Group LLC increased its stake in NXP Semiconductors by 1,092.9% during the third quarter. Cornerstone Planning Group LLC now owns 167 shares of the semiconductor provider’s stock worth $38,000 after acquiring an additional 153 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, EVP Christopher L. Jensen sold 4,576 shares of the business’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $234.03, for a total value of $1,070,921.28. Following the completion of the sale, the executive vice president directly owned 5,389 shares of the company’s stock, valued at $1,261,187.67. The trade was a 45.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 dated Monday, March 16th. The stock was sold at an average price of $194.58, for a total transaction of $194,580.00. Following the completion of the transaction, the executive vice president owned 9,942 shares in the company, valued at $1,934,514.36. This represents a 9.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 10,865 shares of company stock worth $2,508,416. Insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

NXPI has been the subject of several analyst reports. Wolfe Research raised their price objective on NXP Semiconductors from $270.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Morgan Stanley increased their price target on NXP Semiconductors from $299.00 to $335.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. raised their price target on NXP Semiconductors from $250.00 to $295.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Oppenheimer lifted their price objective on shares of NXP Semiconductors from $250.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Finally, Raymond James Financial boosted their price objective on shares of NXP Semiconductors from $250.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.25.

NXP Semiconductors Stock Performance

Shares of NASDAQ NXPI opened at $316.47 on Tuesday. NXP Semiconductors N.V. has a fifty-two week low of $183.00 and a fifty-two week high of $316.81. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.55 and a current ratio of 2.24. The company has a market cap of $79.90 billion, a price-to-earnings ratio of 30.28, a PEG ratio of 1.14 and a beta of 1.77. The business’s 50 day moving average price is $237.25 and its 200-day moving average price is $227.22.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Wednesday, April 29th. The semiconductor provider reported $3.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.07. The company had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.14 billion. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.NXP Semiconductors’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.64 EPS. On average, sell-side analysts expect that NXP Semiconductors N.V. will post 13.38 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Wednesday, March 25th were paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, March 25th. NXP Semiconductors’s payout ratio is currently 38.85%.

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.