NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise grew its position in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 60.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,850 shares of the semiconductor provider's stock after acquiring an additional 9,710 shares during the quarter. Banque Cantonale Vaudoise's holdings in NXP Semiconductors were worth $6,204,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in NXPI. Drive Wealth Management LLC grew its holdings in shares of NXP Semiconductors by 4.3% during the 2nd quarter. Drive Wealth Management LLC now owns 953 shares of the semiconductor provider's stock worth $257,000 after purchasing an additional 39 shares during the period. Beacon Capital Management LLC increased its stake in NXP Semiconductors by 36.4% in the first quarter. Beacon Capital Management LLC now owns 150 shares of the semiconductor provider's stock valued at $37,000 after purchasing an additional 40 shares during the last quarter. Patten Group Inc. raised its stake in NXP Semiconductors by 1.2% during the 2nd quarter. Patten Group Inc. now owns 3,454 shares of the semiconductor provider's stock worth $929,000 after acquiring an additional 42 shares in the last quarter. West Paces Advisors Inc. increased its position in shares of NXP Semiconductors by 3.1% during the second quarter. West Paces Advisors Inc. now owns 1,500 shares of the semiconductor provider's stock worth $404,000 after purchasing an additional 45 shares in the last quarter. Finally, Octavia Wealth Advisors LLC increased its position in NXP Semiconductors by 5.4% during the second quarter. Octavia Wealth Advisors LLC now owns 880 shares of the semiconductor provider's stock worth $238,000 after buying an additional 45 shares during the period. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on NXPI shares. TD Cowen reduced their target price on shares of NXP Semiconductors from $300.00 to $285.00 and set a "buy" rating for the company in a report on Friday, November 8th. Susquehanna decreased their price objective on NXP Semiconductors from $260.00 to $250.00 and set a "neutral" rating for the company in a research report on Wednesday, November 6th. UBS Group dropped their target price on NXP Semiconductors from $285.00 to $275.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. Loop Capital began coverage on NXP Semiconductors in a report on Monday, November 11th. They set a "buy" rating and a $300.00 price target for the company. Finally, Evercore ISI dropped their price objective on shares of NXP Semiconductors from $370.00 to $315.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $276.76.

Insider Buying and Selling

In related news, EVP Jennifer Wuamett sold 3,500 shares of NXP Semiconductors stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total transaction of $813,225.00. Following the transaction, the executive vice president now owns 30,269 shares in the company, valued at approximately $7,033,002.15. The trade was a 10.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.11% of the company's stock.

NXP Semiconductors Trading Down 0.1 %

NASDAQ:NXPI traded down $0.28 during mid-day trading on Tuesday, reaching $219.91. The company's stock had a trading volume of 1,503,359 shares, compared to its average volume of 2,303,663. The stock has a market cap of $55.89 billion, a P/E ratio of 21.01, a P/E/G ratio of 4.36 and a beta of 1.49. NXP Semiconductors has a twelve month low of $198.00 and a twelve month high of $296.08. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60. The company's fifty day simple moving average is $233.94 and its two-hundred day simple moving average is $252.43.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, topping analysts' consensus estimates of $3.43 by $0.02. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The company had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.25 billion. During the same quarter last year, the firm posted $3.31 earnings per share. NXP Semiconductors's revenue was down 5.4% on a year-over-year basis. On average, equities analysts predict that NXP Semiconductors will post 11.37 EPS for the current year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Thursday, September 12th were issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend was Thursday, September 12th. NXP Semiconductors's payout ratio is currently 38.74%.

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.