200 Shares in NXP Semiconductors (NASDAQ:NXPI) Acquired by Fairfield Financial Advisors LTD

Fairfield Financial Advisors LTD purchased a new stake in shares of NXP Semiconductors (NASDAQ:NXPI) during the second quarter, Holdings Channel.com reports. The firm purchased 200 shares of the semiconductor provider’s stock, valued at approximately $54,000.

Several other large investors have also recently made changes to their positions in NXPI. Drive Wealth Management LLC increased its holdings in NXP Semiconductors by 4.3% in the 2nd quarter. Drive Wealth Management LLC now owns 953 shares of the semiconductor provider’s stock worth $257,000 after buying an additional 39 shares in the last quarter. Beacon Capital Management LLC grew its stake in shares of NXP Semiconductors by 36.4% in the first quarter. Beacon Capital Management LLC now owns 150 shares of the semiconductor provider’s stock worth $37,000 after acquiring an additional 40 shares during the period. Patten Group Inc. raised its holdings in shares of NXP Semiconductors by 1.2% during the second quarter. Patten Group Inc. now owns 3,454 shares of the semiconductor provider’s stock valued at $929,000 after purchasing an additional 42 shares during the last quarter. West Paces Advisors Inc. raised its holdings in shares of NXP Semiconductors by 3.1% during the second quarter. West Paces Advisors Inc. now owns 1,500 shares of the semiconductor provider’s stock valued at $404,000 after purchasing an additional 45 shares during the last quarter. Finally, Octavia Wealth Advisors LLC lifted its position in NXP Semiconductors by 5.4% during the second quarter. Octavia Wealth Advisors LLC now owns 880 shares of the semiconductor provider’s stock valued at $238,000 after purchasing an additional 45 shares during the period. 90.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Julie Southern bought 146 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The shares were bought at an average cost of $257.54 per share, for a total transaction of $37,600.84. Following the completion of the transaction, the insider now owns 11,297 shares of the company’s stock, valued at $2,909,429.38. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.11% of the company’s stock.

NXP Semiconductors Stock Performance

NASDAQ:NXPI opened at $229.93 on Monday. The stock has a 50-day moving average price of $252.50 and a 200 day moving average price of $255.04. The stock has a market capitalization of $58.57 billion, a P/E ratio of 21.23, a P/E/G ratio of 2.50 and a beta of 1.49. NXP Semiconductors has a 12-month low of $167.21 and a 12-month high of $296.08. The company has a current ratio of 2.21, a quick ratio of 1.52 and a debt-to-equity ratio of 1.04.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Monday, July 22nd. The semiconductor provider reported $3.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.38. NXP Semiconductors had a net margin of 21.21% and a return on equity of 35.65%. The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.13 billion. During the same period last year, the firm posted $3.04 EPS. The company’s revenue was down 5.2% on a year-over-year basis. Equities research analysts forecast that NXP Semiconductors will post 11.97 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th will be issued a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend is Thursday, September 12th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 37.49%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NXPI shares. TD Cowen decreased their target price on shares of NXP Semiconductors from $330.00 to $310.00 and set a “buy” rating for the company in a research note on Wednesday, July 24th. Wells Fargo & Company upped their price objective on NXP Semiconductors from $285.00 to $305.00 and gave the company an “overweight” rating in a research report on Wednesday, May 22nd. Oppenheimer boosted their price target on NXP Semiconductors from $295.00 to $330.00 and gave the company an “outperform” rating in a research note on Friday, July 12th. Stifel Nicolaus increased their price objective on shares of NXP Semiconductors from $240.00 to $275.00 and gave the stock a “hold” rating in a research note on Thursday, July 18th. Finally, Mizuho raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $265.00 to $325.00 in a report on Friday, May 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, NXP Semiconductors presently has an average rating of “Moderate Buy” and a consensus price target of $294.89.

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.