XTX Topco Ltd Invests $890,000 in NXP Semiconductors (NASDAQ:NXPI)

XTX Topco Ltd acquired a new position in NXP Semiconductors (NASDAQ:NXPI - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,707 shares of the semiconductor provider's stock, valued at approximately $890,000.

A number of other institutional investors have also recently made changes to their positions in NXPI. Family Firm Inc. acquired a new stake in shares of NXP Semiconductors in the 2nd quarter worth $27,000. Addison Advisors LLC lifted its position in NXP Semiconductors by 224.2% during the 2nd quarter. Addison Advisors LLC now owns 107 shares of the semiconductor provider's stock worth $29,000 after acquiring an additional 74 shares during the period. Valley National Advisers Inc. lifted its position 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 acquiring an additional 52 shares during the period. FSA Wealth Management LLC acquired a new stake in NXP Semiconductors during the 3rd quarter worth about $33,000. Finally, Valley Wealth Managers Inc. acquired a new stake in NXP Semiconductors during the 2nd quarter worth about $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 up $1.90 on Wednesday, hitting $219.84. 2,479,178 shares of the company were exchanged, compared to its average volume of 2,295,282. The stock has a market capitalization of $55.87 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 4.41 and a beta of 1.46. The company has a 50-day moving average price of $231.21 and a 200 day moving average price of $247.65. NXP Semiconductors has a 1-year low of $201.58 and a 1-year high of $296.08. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating analysts' consensus estimates of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The firm had revenue of $3.25 billion for the quarter, compared to analysts' expectations of $3.25 billion. During the same period in the prior year, the firm posted $3.31 earnings per share. The firm's quarterly revenue was down 5.4% on a year-over-year basis. As a group, sell-side analysts predict that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors 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 1.84%. The ex-dividend date is Thursday, December 5th. NXP Semiconductors's dividend payout ratio is presently 38.74%.

Insider Activity 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 transaction of $813,225.00. Following the transaction, the executive vice president now directly owns 30,269 shares in the company, valued at $7,033,002.15. This represents a 10.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.11% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Susquehanna lowered their price target 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 decreased their price objective on NXP Semiconductors from $285.00 to $275.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. Needham & Company LLC decreased their price objective on NXP Semiconductors from $300.00 to $250.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. Oppenheimer decreased their price objective on NXP Semiconductors from $330.00 to $300.00 and set an "outperform" rating for the company in a report on Wednesday, November 6th. Finally, Morgan Stanley decreased their price objective on NXP Semiconductors from $250.00 to $235.00 and set an "equal weight" rating for the company in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $274.14.

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.