Nikulski Financial Inc. Has $939,000 Stake in NXP Semiconductors (NASDAQ:NXPI)

Nikulski Financial Inc. lifted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 2.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,912 shares of the semiconductor provider’s stock after purchasing an additional 112 shares during the quarter. Nikulski Financial Inc.’s holdings in NXP Semiconductors were worth $939,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hennion & Walsh Asset Management Inc. bought a new stake in shares of NXP Semiconductors in the first quarter worth $250,000. Diversified Trust Co bought a new stake in shares of NXP Semiconductors during the 1st quarter worth $255,000. Allspring Global Investments Holdings LLC boosted its stake in shares of NXP Semiconductors by 74.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 219,154 shares of the semiconductor provider’s stock valued at $54,300,000 after purchasing an additional 93,560 shares in the last quarter. Valeo Financial Advisors LLC increased its holdings in shares of NXP Semiconductors by 19.3% during the first quarter. Valeo Financial Advisors LLC now owns 5,374 shares of the semiconductor provider’s stock worth $1,332,000 after buying an additional 871 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in NXP Semiconductors by 0.5% in the 1st quarter. State of Alaska Department of Revenue now owns 27,968 shares of the semiconductor provider’s stock worth $6,929,000 after purchasing an additional 130 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Stock Down 3.3 %

Shares of NXPI stock traded down $8.20 during trading hours on Thursday, reaching $237.12. 202,508 shares of the company’s stock were exchanged, compared to its average volume of 2,249,681. The stock’s 50 day moving average is $238.05 and its 200-day moving average is $252.88. 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 has a fifty-two week low of $167.50 and a fifty-two week high of $296.08. The company has a market cap of $60.40 billion, a price-to-earnings ratio of 22.93, a P/E/G ratio of 2.63 and a beta of 1.49.

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were issued a $1.014 dividend. The ex-dividend date was Thursday, September 12th. This represents a $4.06 dividend on an annualized basis and a yield of 1.71%. NXP Semiconductors’s payout ratio is 37.94%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on NXPI shares. Stifel Nicolaus decreased their price objective on shares of NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating for the company in a research report on Thursday, October 17th. Mizuho set a $290.00 price objective on shares of NXP Semiconductors in a research note on Friday, October 18th. Barclays upped their price objective on NXP Semiconductors from $280.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. StockNews.com lowered shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd. Finally, Oppenheimer raised their price objective on shares of NXP Semiconductors from $295.00 to $330.00 and gave the company an “outperform” rating in a research report on Friday, July 12th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $288.90.

Insider Buying and Selling

In related news, EVP Jennifer Wuamett sold 3,500 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were 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 approximately $7,033,002.15. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.11% of the stock is currently owned by 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.