Marshall Financial Group LLC Has $1.22 Million Stake in NXP Semiconductors (NASDAQ:NXPI)

Marshall Financial Group LLC raised its position in NXP Semiconductors (NASDAQ:NXPI) by 15.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,924 shares of the semiconductor provider’s stock after buying an additional 666 shares during the quarter. Marshall Financial Group LLC’s holdings in NXP Semiconductors were worth $1,220,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NXPI. Lincoln National Corp boosted its holdings in shares of NXP Semiconductors by 1.9% during the 4th quarter. Lincoln National Corp now owns 2,473 shares of the semiconductor provider’s stock worth $568,000 after buying an additional 46 shares in the last quarter. RFG Advisory LLC boosted its holdings in shares of NXP Semiconductors by 1.6% in the 1st quarter. RFG Advisory LLC now owns 2,987 shares of the semiconductor provider’s stock worth $740,000 after buying an additional 47 shares during the last quarter. IMPACTfolio LLC grew its position in shares of NXP Semiconductors by 4.3% during the 4th quarter. IMPACTfolio LLC now owns 1,189 shares of the semiconductor provider’s stock valued at $273,000 after acquiring an additional 49 shares during the period. FinTrust Capital Advisors LLC raised its stake in shares of NXP Semiconductors by 75.4% in the fourth quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock valued at $26,000 after buying an additional 49 shares during the period. Finally, Financial Management Professionals Inc. raised its stake in NXP Semiconductors by 4.3% in the 4th quarter. Financial Management Professionals Inc. now owns 1,220 shares of the semiconductor provider’s stock valued at $280,000 after acquiring an additional 50 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NXP Semiconductors news, CEO Kurt Sievers sold 8,548 shares of the firm’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $275.75, for a total transaction of $2,357,111.00. Following the sale, the chief executive officer now directly owns 177,889 shares of the company’s stock, valued at approximately $49,052,891.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.11% of the stock is currently owned by company insiders.

NXP Semiconductors Trading Up 0.1 %

Shares of NXPI stock traded up $0.25 on Thursday, hitting $272.29. The stock had a trading volume of 1,084,497 shares, compared to its average volume of 1,680,881. NXP Semiconductors has a 1 year low of $167.21 and a 1 year high of $286.87. The company’s 50 day moving average price is $267.51 and its 200-day moving average price is $244.09. The firm has a market capitalization of $69.62 billion, a P/E ratio of 25.14, a P/E/G ratio of 2.54 and a beta of 1.49. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.35 and a quick ratio of 1.64.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Monday, April 29th. The semiconductor provider reported $2.85 EPS for the quarter, beating analysts’ consensus estimates of $2.78 by $0.07. NXP Semiconductors had a return on equity of 37.65% and a net margin of 21.24%. The business had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.13 billion. Analysts anticipate that NXP Semiconductors will post 12.47 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 10th. Investors of record on Thursday, June 13th will be issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Thursday, June 13th. NXP Semiconductors’s dividend payout ratio is presently 37.40%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Evercore ISI lifted their price target on NXP Semiconductors from $300.00 to $370.00 and gave the company an “outperform” rating in a research report on Wednesday, May 1st. Truist Financial boosted their price target on shares of NXP Semiconductors from $265.00 to $291.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. JPMorgan Chase & Co. boosted their target price on NXP Semiconductors from $240.00 to $280.00 and gave the company a “neutral” rating in a research note on Wednesday, May 1st. StockNews.com upgraded NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Wednesday, May 8th. Finally, Needham & Company LLC upped their price objective on shares of NXP Semiconductors from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat, NXP Semiconductors presently has an average rating of “Moderate Buy” and an average target price of $267.80.

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.