Long Run Wealth Advisors LLC Buys 1,812 Shares of NXP Semiconductors (NASDAQ:NXPI)

Long Run Wealth Advisors LLC increased its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 13.6% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 15,161 shares of the semiconductor provider’s stock after purchasing an additional 1,812 shares during the period. Long Run Wealth Advisors LLC’s holdings in NXP Semiconductors were worth $3,639,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of NXP Semiconductors by 17.3% in the first quarter. Vanguard Group Inc. now owns 12,921,432 shares of the semiconductor provider’s stock worth $3,201,543,000 after buying an additional 1,909,898 shares in the last quarter. Van ECK Associates Corp lifted its stake in NXP Semiconductors by 67.2% in the 3rd quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider’s stock worth $718,680,000 after purchasing an additional 1,222,736 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in NXP Semiconductors by 24,533.2% in the 3rd quarter. International Assets Investment Management LLC now owns 514,341 shares of the semiconductor provider’s stock valued at $123,447,000 after purchasing an additional 512,253 shares during the period. Ceredex Value Advisors LLC purchased a new position in shares of NXP Semiconductors during the 3rd quarter valued at $84,901,000. Finally, Bessemer Group Inc. increased its holdings in shares of NXP Semiconductors by 4,525.6% in the first quarter. Bessemer Group Inc. now owns 356,774 shares of the semiconductor provider’s stock worth $88,399,000 after purchasing an additional 349,061 shares during the period. Institutional investors own 90.54% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on NXPI. Cantor Fitzgerald reissued an “overweight” rating and set a $270.00 price objective on shares of NXP Semiconductors in a research note on Monday. Citigroup lifted their price target on NXP Semiconductors from $150.00 to $220.00 and gave the company a “sell” rating in a research report on Monday, July 15th. Truist Financial decreased their price objective on shares of NXP Semiconductors from $291.00 to $287.00 and set a “buy” rating on the stock in a research report on Wednesday, July 24th. Stifel Nicolaus dropped their target price on shares of NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating for the company in a research report on Thursday, October 17th. Finally, Oppenheimer increased their price target on shares of NXP Semiconductors from $295.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, July 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and a consensus target price of $286.40.

Insider Transactions at NXP Semiconductors

In related news, EVP Jennifer Wuamett sold 3,500 shares of the stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total transaction of $813,225.00. Following the sale, the executive vice president now directly owns 30,269 shares of the company’s stock, valued at approximately $7,033,002.15. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.11% of the company’s stock.

NXP Semiconductors Stock Performance

NXP Semiconductors stock opened at $224.65 on Wednesday. NXP Semiconductors has a 1-year low of $178.19 and a 1-year high of $296.08. The company has a current ratio of 2.21, a quick ratio of 1.52 and a debt-to-equity ratio of 1.04. The firm has a 50-day moving average of $236.74 and a 200-day moving average of $253.34. The firm has a market cap of $57.23 billion, a P/E ratio of 21.00, a P/E/G ratio of 2.59 and a beta of 1.49.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. The business had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.25 billion. NXP Semiconductors had a net margin of 21.21% and a return on equity of 35.65%. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.31 EPS. Sell-side analysts expect that NXP Semiconductors will post 11.94 EPS for the current year.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend was Thursday, September 12th. NXP Semiconductors’s dividend payout ratio (DPR) is 37.94%.

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.