NXP Semiconductors NV (NXPI) Shares Sold by Saturna Capital CORP

Saturna Capital CORP lessened its stake in NXP Semiconductors NV (NASDAQ:NXPI) by 35.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,093 shares of the semiconductor provider’s stock after selling 3,400 shares during the quarter. Saturna Capital CORP’s holdings in NXP Semiconductors were worth $446,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Pictet Asset Management Ltd. bought a new stake in NXP Semiconductors during the third quarter worth $245,762,000. Putnam Investments LLC lifted its holdings in NXP Semiconductors by 191.9% during the third quarter. Putnam Investments LLC now owns 2,716,424 shares of the semiconductor provider’s stock worth $232,254,000 after acquiring an additional 1,785,940 shares during the period. Canada Pension Plan Investment Board bought a new stake in NXP Semiconductors during the third quarter worth $225,934,000. Brown Advisory Inc. lifted its holdings in NXP Semiconductors by 10,111.1% during the third quarter. Brown Advisory Inc. now owns 2,458,011 shares of the semiconductor provider’s stock worth $210,159,000 after acquiring an additional 2,433,939 shares during the period. Finally, Cambiar Investors LLC bought a new stake in NXP Semiconductors during the fourth quarter worth $168,740,000. Institutional investors own 73.62% of the company’s stock.

A number of analysts recently commented on the company. Deutsche Bank lifted their price target on NXP Semiconductors from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday. BidaskClub downgraded NXP Semiconductors from a “hold” rating to a “sell” rating in a research report on Friday. TheStreet raised NXP Semiconductors from a “c+” rating to a “b-” rating in a research report on Wednesday, February 13th. Needham & Company LLC raised their target price on NXP Semiconductors to $105.00 and gave the stock a “strong-buy” rating in a research report on Friday, February 8th. Finally, Mizuho downgraded NXP Semiconductors from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $99.00 to $95.00 in a research report on Friday, February 8th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $99.21.

Shares of NASDAQ NXPI traded up $0.53 during mid-day trading on Friday, hitting $93.38. The company had a trading volume of 4,101,200 shares, compared to its average volume of 4,457,067. The stock has a market cap of $30.89 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.21 and a beta of 1.10. NXP Semiconductors NV has a 1 year low of $67.62 and a 1 year high of $123.50. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.17 and a current ratio of 1.54.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Wednesday, February 6th. The semiconductor provider reported $2.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.77 by $0.28. The company had revenue of $2.40 billion during the quarter, compared to analysts’ expectations of $2.39 billion. NXP Semiconductors had a return on equity of 15.52% and a net margin of 23.47%. On average, sell-side analysts predict that NXP Semiconductors NV will post 6.21 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 5th. Stockholders of record on Monday, March 18th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Friday, March 15th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 16.84%.

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NXP Semiconductors Profile

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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