Transamerica Financial Advisors Inc. Grows Holdings in NXP Semiconductors (NASDAQ:NXPI)

Transamerica Financial Advisors Inc. lifted its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 0.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,827 shares of the semiconductor provider’s stock after acquiring an additional 123 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in NXP Semiconductors were worth $4,999,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. GDS Wealth Management raised its holdings in NXP Semiconductors by 7.7% in the 3rd quarter. GDS Wealth Management now owns 55,740 shares of the semiconductor provider’s stock worth $13,378,000 after purchasing an additional 3,985 shares during the period. Banque Cantonale Vaudoise increased its position in shares of NXP Semiconductors by 60.2% in the third quarter. Banque Cantonale Vaudoise now owns 25,850 shares of the semiconductor provider’s stock valued at $6,204,000 after buying an additional 9,710 shares in the last quarter. Mather Group LLC. raised its stake in shares of NXP Semiconductors by 23.3% during the 2nd quarter. Mather Group LLC. now owns 566 shares of the semiconductor provider’s stock worth $140,000 after buying an additional 107 shares during the period. Mackenzie Financial Corp lifted its position in shares of NXP Semiconductors by 21.1% during the 2nd quarter. Mackenzie Financial Corp now owns 154,293 shares of the semiconductor provider’s stock valued at $41,519,000 after buying an additional 26,851 shares in the last quarter. Finally, Principal Financial Group Inc. grew its stake in NXP Semiconductors by 1.9% in the 3rd quarter. Principal Financial Group Inc. now owns 303,895 shares of the semiconductor provider’s stock valued at $72,938,000 after acquiring an additional 5,722 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at NXP Semiconductors

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

NXP Semiconductors Trading Up 0.4 %

NXP Semiconductors stock traded up $0.86 during trading on Tuesday, hitting $234.71. The company had a trading volume of 517,495 shares, compared to its average volume of 2,290,863. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The stock has a market cap of $59.65 billion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 4.55 and a beta of 1.49. NXP Semiconductors has a 1-year low of $198.00 and a 1-year high of $296.08. The company’s 50 day simple moving average is $233.61 and its 200-day simple moving average is $251.21.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) 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 analyst estimates of $3.25 billion. During the same period in the prior year, the firm earned $3.31 earnings per share. The business’s revenue for the quarter was down 5.4% compared to the same quarter last year. As a group, analysts expect that NXP Semiconductors will post 11.37 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

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 paid a $1.014 dividend. The ex-dividend date is Thursday, December 5th. This represents a $4.06 annualized dividend and a dividend yield of 1.73%. NXP Semiconductors’s dividend payout ratio (DPR) is 38.65%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Oppenheimer reduced their price objective on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Mizuho set a $290.00 price target on shares of NXP Semiconductors in a research report on Friday, October 18th. Loop Capital initiated coverage on NXP Semiconductors in a report on Monday, November 11th. They issued a “buy” rating and a $300.00 price objective on the stock. Wells Fargo & Company assumed coverage on NXP Semiconductors in a report on Friday. They set an “overweight” rating and a $250.00 target price for the company. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $270.00 price target on shares of NXP Semiconductors in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average price target of $274.14.

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.