1,105 Shares in NXP Semiconductors (NASDAQ:NXPI) Acquired by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. purchased a new position in NXP Semiconductors (NASDAQ:NXPI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,105 shares of the semiconductor provider’s stock, valued at approximately $254,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Operose Advisors LLC bought a new stake in NXP Semiconductors during the 3rd quarter valued at $26,000. Valley National Advisers Inc. increased its holdings in shares of NXP Semiconductors by 98.6% in the fourth quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock worth $31,000 after purchasing an additional 68 shares during the period. BluePath Capital Management LLC bought a new position in shares of NXP Semiconductors in the third quarter worth $28,000. Live Oak Investment Partners bought a new position in shares of NXP Semiconductors in the fourth quarter worth $26,000. Finally, First Capital Advisors Group LLC. bought a new position in shares of NXP Semiconductors in the second quarter worth $35,000. Institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

NXPI has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of NXP Semiconductors from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Wednesday, February 7th. Morgan Stanley upped their price target on shares of NXP Semiconductors from $221.00 to $224.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 7th. Oppenheimer upped their price target on shares of NXP Semiconductors from $220.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, February 1st. Barclays upgraded shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $200.00 to $260.00 in a research report on Tuesday, January 16th. Finally, Wolfe Research upgraded shares of NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price target for the company in a research report on Thursday, January 18th. One analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $242.29.

NXP Semiconductors Trading Down 1.9 %

NXPI stock traded down $4.23 during trading on Friday, reaching $215.12. The company had a trading volume of 2,760,717 shares, compared to its average volume of 1,784,716. NXP Semiconductors has a 52 week low of $155.31 and a 52 week high of $264.26. The company has a market cap of $55.09 billion, a P/E ratio of 20.09, a PEG ratio of 0.83 and a beta of 1.59. The business has a 50 day moving average of $241.39 and a 200 day moving average of $218.52. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.91 and a quick ratio of 1.39.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share for the quarter, beating analysts’ consensus estimates of $3.33 by $0.04. NXP Semiconductors had a net margin of 21.07% and a return on equity of 38.94%. The business had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.40 billion. As a group, sell-side analysts forecast that NXP Semiconductors will post 12.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently announced 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. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date was Wednesday, March 20th. NXP Semiconductors’s dividend payout ratio is 37.91%.

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.