Curated Wealth Partners LLC Buys 4,667 Shares of NXP Semiconductors N.V. $NXPI

Curated Wealth Partners LLC purchased a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) during the third quarter, Holdings Channel reports. The fund purchased 4,667 shares of the semiconductor provider’s stock, valued at approximately $1,109,000.

A number of other institutional investors have also bought and sold shares of the company. Allied Private Wealth LLC acquired a new stake in NXP Semiconductors during the 2nd quarter worth about $28,000. Bell Investment Advisors Inc bought a new position in shares of NXP Semiconductors in the 2nd quarter worth about $29,000. Fiduciary Financial Advisors bought a new position in shares of NXP Semiconductors in the 2nd quarter worth about $28,000. Fortitude Family Office LLC acquired a new position in shares of NXP Semiconductors in the 3rd quarter valued at about $26,000. Finally, Triumph Capital Management acquired a new position in shares of NXP Semiconductors in the 3rd quarter valued at about $29,000. Institutional investors own 90.54% of the company’s stock.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Christopher Jensen sold 3,355 shares of the stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $240.00, for a total value of $805,200.00. Following the transaction, the executive vice president owned 288 shares in the company, valued at approximately $69,120. This represents a 92.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $226.04, for a total value of $226,040.00. Following the completion of the transaction, the executive vice president owned 7,942 shares in the company, valued at approximately $1,795,209.68. The trade was a 11.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by corporate insiders.

NXP Semiconductors Stock Up 2.8%

Shares of NASDAQ NXPI traded up $6.12 during trading on Thursday, hitting $226.95. 1,951,183 shares of the company traded hands, compared to its average volume of 3,517,593. The business’s fifty day moving average is $230.17 and its 200 day moving average is $255.87. NXP Semiconductors N.V. has a fifty-two week low of $183.00 and a fifty-two week high of $339.95. The firm has a market capitalization of $57.23 billion, a price-to-earnings ratio of 19.34, a P/E/G ratio of 0.77 and a beta of 1.80. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.36 and a current ratio of 2.04.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Wednesday, July 29th. The semiconductor provider reported $3.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.52 by $0.09. The company had revenue of $3.50 billion for the quarter, compared to analysts’ expectations of $3.47 billion. NXP Semiconductors had a net margin of 22.56% and a return on equity of 27.83%. The business’s revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.72 EPS. Equities research analysts predict that NXP Semiconductors N.V. will post 13.73 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Wednesday, September 16th were paid a dividend of $1.0140 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, September 16th. NXP Semiconductors’s dividend payout ratio is 34.64%.

Analyst Ratings Changes

NXPI has been the topic of several research analyst reports. Citigroup restated a “neutral” rating on shares of NXP Semiconductors in a research report on Monday, July 13th. Oppenheimer lifted their target price on NXP Semiconductors from $300.00 to $325.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Needham & Company LLC reiterated a “buy” rating and issued a $300.00 target price on shares of NXP Semiconductors in a report on Wednesday, July 29th. Sanford C. Bernstein reissued a “market perform” rating and issued a $290.00 price target (up from $270.00) on shares of NXP Semiconductors in a research note on Wednesday, July 29th. Finally, UBS Group reissued a “neutral” rating and issued a $270.00 price target (down from $305.00) on shares of NXP Semiconductors in a research note on Monday, August 3rd. Sixteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $304.91.

About NXP Semiconductors

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands. The company develops and supplies secure connectivity and processing solutions for automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure applications.

Its product portfolio includes microcontrollers and application processors, automotive networking and processing chips, analog and power-management devices, radio-frequency and wireless connectivity products, sensors, and embedded security solutions.