OneDigital Investment Advisors LLC Has $1.21 Million Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

OneDigital Investment Advisors LLC lowered its position in NXP Semiconductors (NASDAQ:NXPI) by 9.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,033 shares of the semiconductor provider’s stock after selling 506 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in NXP Semiconductors were worth $1,208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Lifeworks Advisors LLC raised its position in NXP Semiconductors by 6.6% during the 3rd quarter. Lifeworks Advisors LLC now owns 8,050 shares of the semiconductor provider’s stock worth $1,932,000 after purchasing an additional 498 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of NXP Semiconductors by 3.7% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 7,022 shares of the semiconductor provider’s stock valued at $1,685,000 after buying an additional 249 shares during the period. Metis Global Partners LLC raised its position in shares of NXP Semiconductors by 8.3% during the third quarter. Metis Global Partners LLC now owns 12,206 shares of the semiconductor provider’s stock worth $2,930,000 after acquiring an additional 933 shares during the last quarter. Plato Investment Management Ltd acquired a new position in shares of NXP Semiconductors in the third quarter worth approximately $934,000. Finally, Kovack Advisors Inc. boosted its holdings in NXP Semiconductors by 10.4% in the third quarter. Kovack Advisors Inc. now owns 935 shares of the semiconductor provider’s stock valued at $224,000 after acquiring an additional 88 shares during the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $220.19 on Tuesday. The company’s 50 day moving average is $233.94 and its 200-day moving average is $252.43. The firm has a market cap of $55.96 billion, a P/E ratio of 21.01, a price-to-earnings-growth ratio of 4.36 and a beta of 1.49. NXP Semiconductors has a 12-month low of $198.00 and a 12-month 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) last announced its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating the consensus estimate of $3.43 by $0.02. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The firm had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.25 billion. During the same period last year, the firm earned $3.31 EPS. The business’s quarterly revenue was down 5.4% compared to the same quarter last year. Sell-side analysts predict that NXP Semiconductors will post 11.37 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th were paid 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 1.84%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 38.74%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NXPI. Susquehanna dropped their price target on shares of NXP Semiconductors from $260.00 to $250.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. Citic Securities began coverage on shares of NXP Semiconductors in a research report on Friday, October 11th. They set a $288.00 price target on the stock. Stifel Nicolaus dropped their price objective on NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating on the stock in a research note on Thursday, October 17th. Needham & Company LLC cut their target price on NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $270.00 target price on shares of NXP Semiconductors in a report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $276.76.

Insider Buying and Selling at NXP Semiconductors

In other news, EVP Jennifer Wuamett sold 3,500 shares of NXP Semiconductors stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total transaction of $813,225.00. Following the completion of the transaction, the executive vice president now directly owns 30,269 shares in the company, valued at approximately $7,033,002.15. This trade 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 accessible through the SEC website. 0.11% of the stock is currently owned by corporate 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.