NXP Semiconductors (NASDAQ:NXPI) Position Increased by World Investment Advisors LLC

World Investment Advisors LLC grew its holdings in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 2,103.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,909 shares of the semiconductor provider's stock after buying an additional 27,597 shares during the quarter. World Investment Advisors LLC's holdings in NXP Semiconductors were worth $6,938,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Family Firm Inc. bought a new stake in shares of NXP Semiconductors in the 2nd quarter worth about $27,000. Addison Advisors LLC raised its stake in NXP Semiconductors by 224.2% during the second quarter. Addison Advisors LLC now owns 107 shares of the semiconductor provider's stock valued at $29,000 after buying an additional 74 shares in the last quarter. Valley National Advisers Inc. lifted its holdings in NXP Semiconductors by 71.2% during the 2nd quarter. Valley National Advisers Inc. now owns 125 shares of the semiconductor provider's stock worth $33,000 after buying an additional 52 shares during the last quarter. FSA Wealth Management LLC bought a new position in NXP Semiconductors during the 3rd quarter worth approximately $33,000. Finally, Valley Wealth Managers Inc. acquired a new position in shares of NXP Semiconductors in the 2nd quarter worth approximately $48,000. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock traded down $1.83 on Friday, hitting $215.90. The company had a trading volume of 1,048,771 shares, compared to its average volume of 2,287,758. NXP Semiconductors has a 52 week low of $201.58 and a 52 week high of $296.08. The company has a market cap of $54.87 billion, a PE ratio of 20.78, a PEG ratio of 4.43 and a beta of 1.46. The business has a 50-day simple moving average of $230.59 and a 200-day simple moving average of $247.25. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to analysts' expectations of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The firm's revenue for the quarter was down 5.4% on a year-over-year basis. During the same period last year, the firm earned $3.31 EPS. Research analysts expect that NXP Semiconductors will post 11.33 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th will be issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend is Thursday, December 5th. NXP Semiconductors's payout ratio is 38.74%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Barclays reduced their price objective on NXP Semiconductors from $330.00 to $280.00 and set an "overweight" rating on the stock in a research note on Tuesday, November 5th. Morgan Stanley reduced their price target on shares of NXP Semiconductors from $250.00 to $235.00 and set an "equal weight" rating on the stock in a research report on Wednesday, November 6th. Susquehanna dropped their price objective on shares of NXP Semiconductors from $260.00 to $250.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 6th. Oppenheimer cut their target price on shares of NXP Semiconductors from $330.00 to $300.00 and set an "outperform" rating on the stock in a report on Wednesday, November 6th. Finally, Wells Fargo & Company assumed coverage on NXP Semiconductors in a research report on Friday, November 22nd. They set an "overweight" rating and a $250.00 price target on the stock. One analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the company's stock. According to data from MarketBeat, NXP Semiconductors presently has an average rating of "Moderate Buy" and an average target price of $274.14.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, EVP Jennifer Wuamett sold 3,500 shares of the company's stock in a transaction on 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 approximately $7,033,002.15. This 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 accessible through this hyperlink. 0.11% of the stock is owned by corporate insiders.

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.