2,456 Shares in NXP Semiconductors N.V. $NXPI Bought by Greenfield Savings Bank

Greenfield Savings Bank purchased a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,456 shares of the semiconductor provider’s stock, valued at approximately $583,000.

Several other large investors also recently modified their holdings of the stock. American National Bank & Trust bought a new position in NXP Semiconductors in the 3rd quarter valued at about $277,000. Crumly & Associates Inc. acquired a new position in shares of NXP Semiconductors in the third quarter valued at approximately $525,000. Congress Asset Management Co. bought a new position in shares of NXP Semiconductors during the third quarter worth approximately $697,000. Rosenberg Matthew Hamilton acquired a new stake in NXP Semiconductors during the 3rd quarter worth approximately $53,000. Finally, Neville Rodie & Shaw Inc. bought a new stake in NXP Semiconductors in the 3rd quarter valued at $320,000. 90.54% of the stock is owned by institutional investors.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Christopher L. Jensen sold 3,355 shares of the firm’s stock in a transaction 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 sale, the executive vice president owned 288 shares of the company’s stock, valued at approximately $69,120. This trade represents a 92.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction on Tuesday, September 15th. The shares were 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. Company insiders own 0.05% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NXPI traded down $9.16 during trading hours on Wednesday, hitting $235.22. 2,927,779 shares of the company were exchanged, compared to its average volume of 3,531,441. The company has a quick ratio of 1.36, a current ratio of 2.04 and a debt-to-equity ratio of 0.88. NXP Semiconductors N.V. has a fifty-two week low of $183.00 and a fifty-two week high of $339.95. The company has a market cap of $59.31 billion, a price-to-earnings ratio of 20.07, a P/E/G ratio of 0.82 and a beta of 1.80. The firm’s fifty day moving average is $230.89 and its 200 day moving average is $254.78.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Wednesday, July 29th. The semiconductor provider reported $3.61 EPS for the quarter, beating analysts’ consensus estimates of $3.52 by $0.09. NXP Semiconductors had a return on equity of 27.83% and a net margin of 22.56%.The business had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter in the previous year, the firm earned $2.72 earnings per share. NXP Semiconductors’s revenue for the quarter was up 19.5% compared to the same quarter last year. On average, equities analysts anticipate 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 will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be given a dividend of $1.0140 per share. The ex-dividend date is Wednesday, September 16th. This represents a $4.06 annualized dividend and a dividend yield of 1.7%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 34.64%.

Analysts Set New Price Targets

A number of brokerages have commented on NXPI. Oppenheimer upped their price objective on NXP Semiconductors from $300.00 to $325.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Wells Fargo & Company decreased their price target on shares of NXP Semiconductors from $290.00 to $280.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 29th. UBS Group reaffirmed a “neutral” rating and set a $270.00 price target (down from $305.00) on shares of NXP Semiconductors in a research report on Monday, August 3rd. TD Cowen cut their price objective on shares of NXP Semiconductors from $340.00 to $290.00 and set a “buy” rating for the company in a report on Wednesday, July 29th. Finally, Susquehanna increased their target price on shares of NXP Semiconductors from $210.00 to $250.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Sixteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $304.91.

NXP Semiconductors Profile

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.