877 Shares in NXP Semiconductors (NASDAQ:NXPI) Acquired by Leo Wealth LLC

Leo Wealth LLC bought a new stake in shares of NXP Semiconductors (NASDAQ:NXPI) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 877 shares of the semiconductor provider’s stock, valued at approximately $217,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Lincoln National Corp raised its stake in shares of NXP Semiconductors by 1.9% during the fourth quarter. Lincoln National Corp now owns 2,473 shares of the semiconductor provider’s stock valued at $568,000 after purchasing an additional 46 shares in the last quarter. Peterson Wealth Services raised its position in shares of NXP Semiconductors by 3.1% during the 1st quarter. Peterson Wealth Services now owns 1,520 shares of the semiconductor provider’s stock worth $377,000 after buying an additional 46 shares in the last quarter. RFG Advisory LLC lifted its stake in shares of NXP Semiconductors by 1.6% in the 1st quarter. RFG Advisory LLC now owns 2,987 shares of the semiconductor provider’s stock worth $740,000 after acquiring an additional 47 shares during the period. FinTrust Capital Advisors LLC boosted its holdings in shares of NXP Semiconductors by 75.4% in the fourth quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock valued at $26,000 after acquiring an additional 49 shares in the last quarter. Finally, Financial Management Professionals Inc. increased its stake in shares of NXP Semiconductors by 4.3% during the fourth quarter. Financial Management Professionals Inc. now owns 1,220 shares of the semiconductor provider’s stock valued at $280,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

NXPI traded down $9.98 during midday trading on Friday, reaching $269.29. 2,398,837 shares of the company’s stock were exchanged, compared to its average volume of 2,152,836. NXP Semiconductors has a one year low of $167.21 and a one year high of $296.08. The firm has a market capitalization of $68.85 billion, a price-to-earnings ratio of 25.79, a price-to-earnings-growth ratio of 2.58 and a beta of 1.49. The business has a 50-day simple moving average of $273.10 and a two-hundred day simple moving average of $247.75. 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 (NASDAQ:NXPI) last released its quarterly earnings data on Monday, April 29th. The semiconductor provider reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.07. The firm had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.13 billion. NXP Semiconductors had a return on equity of 37.65% and a net margin of 21.24%. As a group, research analysts predict that NXP Semiconductors will post 12.47 EPS for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 10th. Stockholders of record on Thursday, June 13th were issued a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.51%. The ex-dividend date was Thursday, June 13th. NXP Semiconductors’s payout ratio is currently 37.49%.

Insider Buying and Selling

In other NXP Semiconductors news, CEO Kurt Sievers sold 8,548 shares of the stock in a transaction dated 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 approximately $49,052,891.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.11% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. StockNews.com upgraded NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Wednesday, May 8th. Stifel Nicolaus lifted their target price on NXP Semiconductors from $240.00 to $275.00 and gave the stock a “hold” rating in a report on Thursday. Evercore ISI boosted their price target on shares of NXP Semiconductors from $300.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. Citigroup raised their price objective on shares of NXP Semiconductors from $150.00 to $220.00 and gave the company a “sell” rating in a research report on Monday. Finally, Mizuho upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $265.00 to $325.00 in a report on Friday, May 24th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat.com, NXP Semiconductors has a consensus rating of “Moderate Buy” and a consensus price target of $282.54.

NXP Semiconductors 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.