NXP Semiconductors N.V. $NXPI Shares Bought by WINTON GROUP Ltd

WINTON GROUP Ltd grew its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 71.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,697 shares of the semiconductor provider’s stock after purchasing an additional 4,446 shares during the period. WINTON GROUP Ltd’s holdings in NXP Semiconductors were worth $2,322,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of NXPI. JPL Wealth Management LLC acquired a new stake in shares of NXP Semiconductors during the 3rd quarter worth about $26,000. Wexford Capital LP acquired a new stake in shares of NXP Semiconductors during the 3rd quarter worth about $31,000. Kelleher Financial Advisors purchased a new position in shares of NXP Semiconductors during the 3rd quarter worth about $31,000. Community Bank N.A. purchased a new position in shares of NXP Semiconductors during the 3rd quarter worth about $37,000. Finally, Stance Capital LLC purchased a new position in shares of NXP Semiconductors during the 3rd quarter worth about $41,000. 90.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NXP Semiconductors

In other news, EVP Andrew Hardy sold 5,289 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $235.00, for a total transaction of $1,242,915.00. Following the transaction, the executive vice president directly owned 2,020 shares of the company’s stock, valued at approximately $474,700. The trade was a 72.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 4,576 shares of the business’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $234.03, for a total transaction of $1,070,921.28. Following the transaction, the executive vice president directly owned 5,389 shares in the company, valued at approximately $1,261,187.67. The trade was a 45.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,611 shares of company stock valued at $3,061,078 over the last ninety days. Corporate insiders own 0.05% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXPI stock opened at $295.96 on Monday. The stock has a market cap of $74.72 billion, a price-to-earnings ratio of 28.32, a price-to-earnings-growth ratio of 1.07 and a beta of 1.77. The company has a quick ratio of 1.55, a current ratio of 2.24 and a debt-to-equity ratio of 1.00. NXP Semiconductors N.V. has a fifty-two week low of $183.00 and a fifty-two week high of $339.95. The firm’s 50 day moving average price is $260.21 and its two-hundred day moving average price is $234.72.

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

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Wednesday, March 25th were given a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, March 25th. NXP Semiconductors’s payout ratio is 38.85%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on NXPI shares. Sanford C. Bernstein increased their price objective on shares of NXP Semiconductors from $240.00 to $270.00 and gave the stock a “market perform” rating in a report on Wednesday, April 29th. Citigroup increased their price objective on shares of NXP Semiconductors from $255.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Barclays increased their price objective on shares of NXP Semiconductors from $295.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Morgan Stanley increased their price objective on shares of NXP Semiconductors from $299.00 to $335.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of NXP Semiconductors in a report on Wednesday, April 29th. One 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 company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $294.25.

NXP Semiconductors Company Profile

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.