Insigneo Advisory Services LLC Sells 1,603 Shares of NXP Semiconductors (NASDAQ:NXPI)

Insigneo Advisory Services LLC reduced its position in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 43.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,115 shares of the semiconductor provider's stock after selling 1,603 shares during the period. Insigneo Advisory Services LLC's holdings in NXP Semiconductors were worth $440,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Central Bank & Trust Co. lifted its stake in NXP Semiconductors by 1.1% in the 4th quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider's stock worth $917,000 after purchasing an additional 48 shares in the last quarter. Parkside Financial Bank & Trust grew its position in NXP Semiconductors by 9.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 573 shares of the semiconductor provider's stock worth $119,000 after acquiring an additional 51 shares in the last quarter. Private Trust Co. NA grew its position in NXP Semiconductors by 5.8% in the fourth quarter. Private Trust Co. NA now owns 968 shares of the semiconductor provider's stock worth $201,000 after acquiring an additional 53 shares in the last quarter. J. W. Coons Advisors LLC increased its stake in NXP Semiconductors by 2.1% in the fourth quarter. J. W. Coons Advisors LLC now owns 2,972 shares of the semiconductor provider's stock valued at $618,000 after acquiring an additional 60 shares during the last quarter. Finally, Hunter Associates Investment Management LLC raised its position in NXP Semiconductors by 0.3% during the fourth quarter. Hunter Associates Investment Management LLC now owns 20,060 shares of the semiconductor provider's stock valued at $4,180,000 after purchasing an additional 61 shares in the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Stock Up 3.5 %

Shares of NASDAQ NXPI traded up $6.14 during midday trading on Wednesday, hitting $180.80. The stock had a trading volume of 1,067,592 shares, compared to its average volume of 2,569,868. The business's 50 day moving average is $199.27 and its 200-day moving average is $213.98. NXP Semiconductors has a 52 week low of $148.09 and a 52 week high of $296.08. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. The company has a market cap of $45.85 billion, a P/E ratio of 18.58, a PEG ratio of 3.01 and a beta of 1.40.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th were issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date was Wednesday, March 19th. NXP Semiconductors's payout ratio is 41.62%.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the completion of the sale, the chief operating officer now owns 8,828 shares of the company's stock, valued at approximately $1,808,504.08. The trade was a 10.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.11% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Stifel Nicolaus dropped their target price on NXP Semiconductors from $210.00 to $170.00 and set a "hold" rating for the company in a research report on Thursday, April 17th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Needham & Company LLC decreased their target price on shares of NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. Cantor Fitzgerald restated an "overweight" rating and set a $250.00 price target on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Finally, Barclays dropped their price objective on NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating for the company in a research note on Tuesday. Four research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $258.10.

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.