NXP Semiconductors (NASDAQ:NXPI) Holdings Increased by Voya Financial Advisors Inc.

Voya Financial Advisors Inc. increased its stake in NXP Semiconductors (NASDAQ:NXPI) by 5.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,462 shares of the semiconductor provider’s stock after acquiring an additional 78 shares during the period. Voya Financial Advisors Inc.’s holdings in NXP Semiconductors were worth $358,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. CWM LLC raised its holdings in shares of NXP Semiconductors by 6.1% in the 2nd quarter. CWM LLC now owns 4,395 shares of the semiconductor provider’s stock worth $1,183,000 after purchasing an additional 252 shares in the last quarter. OLD National Bancorp IN lifted its holdings in shares of NXP Semiconductors by 7.9% in the second quarter. OLD National Bancorp IN now owns 3,829 shares of the semiconductor provider’s stock valued at $1,030,000 after purchasing an additional 281 shares in the last quarter. QRG Capital Management Inc. boosted its position in NXP Semiconductors by 40.7% during the 2nd quarter. QRG Capital Management Inc. now owns 2,415 shares of the semiconductor provider’s stock worth $650,000 after acquiring an additional 699 shares during the period. MJP Associates Inc. ADV acquired a new stake in shares of NXP Semiconductors during the second quarter worth approximately $215,000. Finally, Czech National Bank grew its holdings in shares of NXP Semiconductors by 7.3% during the 2nd quarter. Czech National Bank now owns 48,693 shares of the semiconductor provider’s stock valued at $13,103,000 after acquiring an additional 3,314 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analysts Set New Price Targets

NXPI has been the topic of a number of analyst reports. Oppenheimer lowered their price objective on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. Mizuho set a $290.00 price objective on NXP Semiconductors in a research note on Friday, October 18th. Barclays reduced their price target on shares of NXP Semiconductors from $330.00 to $280.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 5th. Cantor Fitzgerald restated an “overweight” rating and issued a $270.00 target price on shares of NXP Semiconductors in a research note on Monday, November 4th. Finally, TD Cowen reduced their price objective on NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $274.14.

Insiders Place Their Bets

In other news, EVP Jennifer Wuamett sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $232.35, for a total value of $813,225.00. Following the transaction, the executive vice president now owns 30,269 shares of the company’s stock, valued at $7,033,002.15. This trade represents a 10.36 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.11% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $218.66 on Friday. The stock has a fifty day moving average of $232.35 and a 200-day moving average of $249.19. The stock has a market cap of $55.57 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 4.51 and a beta of 1.46. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35. NXP Semiconductors has a fifty-two week low of $201.58 and a fifty-two week high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.43 by $0.02. The company had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. During the same quarter last year, the company earned $3.31 earnings per share. Equities research analysts anticipate that NXP Semiconductors will post 11.33 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Thursday, December 5th will be given a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Thursday, December 5th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.74%.

About NXP Semiconductors

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.