Achmea Investment Management B.V. Has $2.72 Million Position in NXP Semiconductors (NASDAQ:NXPI)

Achmea Investment Management B.V. cut its stake in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 16.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,072 shares of the semiconductor provider's stock after selling 2,612 shares during the quarter. Achmea Investment Management B.V.'s holdings in NXP Semiconductors were worth $2,717,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp grew its position in NXP Semiconductors by 1.3% during the 3rd quarter. State Street Corp now owns 10,675,415 shares of the semiconductor provider's stock worth $2,572,694,000 after acquiring an additional 139,641 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of NXP Semiconductors by 1.1% during the third quarter. Geode Capital Management LLC now owns 5,145,932 shares of the semiconductor provider's stock worth $1,231,533,000 after purchasing an additional 57,762 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of NXP Semiconductors by 2.1% during the third quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider's stock worth $1,063,322,000 after purchasing an additional 93,129 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of NXP Semiconductors by 27.1% in the fourth quarter. Van ECK Associates Corp now owns 3,865,446 shares of the semiconductor provider's stock valued at $803,432,000 after buying an additional 824,317 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of NXP Semiconductors by 0.7% in the third quarter. Janus Henderson Group PLC now owns 2,730,933 shares of the semiconductor provider's stock valued at $655,453,000 after buying an additional 20,145 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

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NXP Semiconductors Stock Up 0.6 %

Shares of NXPI stock traded up $1.29 during trading hours on Wednesday, hitting $207.38. 1,640,467 shares of the company were exchanged, compared to its average volume of 2,287,437. NXP Semiconductors has a 52 week low of $198.21 and a 52 week high of $296.08. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The business has a 50 day moving average of $215.77 and a two-hundred day moving average of $223.71. The company has a market capitalization of $52.60 billion, a PE ratio of 21.31, a PEG ratio of 3.01 and a beta of 1.47.

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th will be issued a $1.014 dividend. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.96%. NXP Semiconductors's dividend payout ratio (DPR) is 41.62%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Morgan Stanley upgraded shares of NXP Semiconductors from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $231.00 to $257.00 in a research report on Wednesday, February 12th. Citigroup raised shares of NXP Semiconductors from a "neutral" rating to a "buy" rating and raised their price target for the company from $210.00 to $290.00 in a report on Thursday, February 20th. StockNews.com downgraded NXP Semiconductors from a "buy" rating to a "hold" rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. lowered their target price on NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $267.00.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the business's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $204.86, for a total transaction of $204,860.00. Following the sale, the chief operating officer now directly owns 8,828 shares of the company's stock, valued at $1,808,504.08. The trade was a 10.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.11% of the stock is owned by insiders.

NXP Semiconductors Company 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.