Kemnay Advisory Services Inc. Has $9.07 Million Stake in NXP Semiconductors NV (NXPI)

Kemnay Advisory Services Inc. grew its holdings in NXP Semiconductors NV (NASDAQ:NXPI) by 608.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,051 shares of the semiconductor provider’s stock after purchasing an additional 91,090 shares during the period. NXP Semiconductors makes up 2.8% of Kemnay Advisory Services Inc.’s portfolio, making the stock its 9th biggest position. Kemnay Advisory Services Inc.’s holdings in NXP Semiconductors were worth $9,067,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sterling Capital Management LLC increased its stake in shares of NXP Semiconductors by 3.9% in the second quarter. Sterling Capital Management LLC now owns 16,060 shares of the semiconductor provider’s stock worth $1,755,000 after acquiring an additional 600 shares during the last quarter. State of Alaska Department of Revenue increased its stake in shares of NXP Semiconductors by 1.5% in the third quarter. State of Alaska Department of Revenue now owns 43,432 shares of the semiconductor provider’s stock worth $3,712,000 after acquiring an additional 622 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of NXP Semiconductors by 1.5% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 41,464 shares of the semiconductor provider’s stock worth $4,531,000 after acquiring an additional 629 shares during the last quarter. Gamco Investors INC. ET AL increased its stake in shares of NXP Semiconductors by 0.9% in the third quarter. Gamco Investors INC. ET AL now owns 67,280 shares of the semiconductor provider’s stock worth $5,752,000 after acquiring an additional 630 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in shares of NXP Semiconductors by 34.0% in the third quarter. Stratos Wealth Partners LTD. now owns 2,569 shares of the semiconductor provider’s stock worth $220,000 after acquiring an additional 652 shares during the last quarter. Institutional investors own 75.58% of the company’s stock.

NXP Semiconductors stock opened at $81.82 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.87 and a current ratio of 1.22. The firm has a market cap of $28.12 billion, a price-to-earnings ratio of 11.40, a price-to-earnings-growth ratio of 1.07 and a beta of 0.93. NXP Semiconductors NV has a one year low of $69.72 and a one year high of $125.93.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Wednesday, October 31st. The semiconductor provider reported $1.81 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.68 by $0.13. The firm had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.43 billion. NXP Semiconductors had a net margin of 28.38% and a return on equity of 18.08%. On average, sell-side analysts predict that NXP Semiconductors NV will post 6.15 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 7th. Shareholders of record on Friday, December 14th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Thursday, December 13th. NXP Semiconductors’s dividend payout ratio (DPR) is 11.84%.

NXPI has been the topic of a number of research reports. Cowen initiated coverage on shares of NXP Semiconductors in a research note on Friday, September 7th. They issued an “outperform” rating and a $111.00 price target on the stock. Credit Suisse Group initiated coverage on shares of NXP Semiconductors in a research note on Friday, September 7th. They issued an “outperform” rating and a $125.00 price target on the stock. Stifel Nicolaus downgraded shares of NXP Semiconductors from a “hold” rating to a “sell” rating and dropped their price target for the stock from $99.00 to $84.00 in a research note on Wednesday, September 12th. Mizuho reissued a “buy” rating and set a $115.00 target price on shares of NXP Semiconductors in a research report on Wednesday, September 12th. Finally, Bank of America raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and increased their target price for the stock from $110.00 to $120.00 in a research report on Monday, September 17th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $103.38.

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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; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

Read More: Fundamental Analysis – How It Helps Investors

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

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