Capital Analysts LLC lifted its position in shares of NXP Semiconductors (NASDAQ:NXPI – Free Report) by 203.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,056 shares of the semiconductor provider’s stock after purchasing an additional 708 shares during the period. Capital Analysts LLC’s holdings in NXP Semiconductors were worth $243,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mackenzie Financial Corp grew its stake in NXP Semiconductors by 15.2% during the 4th quarter. Mackenzie Financial Corp now owns 115,992 shares of the semiconductor provider’s stock worth $26,641,000 after buying an additional 15,283 shares during the last quarter. Ballast Advisors LLC grew its stake in NXP Semiconductors by 51.7% during the 4th quarter. Ballast Advisors LLC now owns 6,431 shares of the semiconductor provider’s stock worth $1,477,000 after buying an additional 2,193 shares during the last quarter. Cullen Investment Group LTD. purchased a new position in NXP Semiconductors during the 4th quarter worth approximately $1,869,000. Cornercap Investment Counsel Inc. grew its stake in NXP Semiconductors by 1.3% during the 4th quarter. Cornercap Investment Counsel Inc. now owns 5,571 shares of the semiconductor provider’s stock worth $1,280,000 after buying an additional 69 shares during the last quarter. Finally, Conning Inc. grew its stake in NXP Semiconductors by 58.1% during the 4th quarter. Conning Inc. now owns 1,733 shares of the semiconductor provider’s stock worth $398,000 after buying an additional 637 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.
NXP Semiconductors Stock Performance
Shares of NASDAQ:NXPI opened at $226.92 on Thursday. The firm has a market capitalization of $58.11 billion, a PE ratio of 21.19, a P/E/G ratio of 0.87 and a beta of 1.59. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.91 and a quick ratio of 1.39. The business has a 50-day moving average of $241.93 and a two-hundred day moving average of $218.41. NXP Semiconductors has a 12 month low of $155.31 and a 12 month high of $264.26.
NXP Semiconductors Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were paid a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a yield of 1.79%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 37.91%.
Wall Street Analysts Forecast Growth
NXPI has been the topic of a number of research reports. Evercore ISI began coverage on NXP Semiconductors in a research note on Tuesday. They set an “outperform” rating and a $300.00 price target on the stock. Wolfe Research upgraded NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 target price on the stock in a research note on Thursday, January 18th. Susquehanna lifted their target price on NXP Semiconductors from $200.00 to $225.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Cantor Fitzgerald lifted their target price on NXP Semiconductors from $270.00 to $290.00 and gave the company an “overweight” rating in a research note on Monday, April 8th. Finally, Truist Financial lifted their target price on NXP Semiconductors from $264.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $242.29.
View Our Latest Report on NXP Semiconductors
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.
See Also
- Five stocks we like better than NXP Semiconductors
- What is the Australian Securities Exchange (ASX)
- United Airlines Soars on Earnings Beat
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- J.B. Hunt Hits the Skids: Lower Prices to Come
- Earnings Per Share Calculator: How to Calculate EPS
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.