Dynamic Advisor Solutions LLC Sells 1,215 Shares of NXP Semiconductors (NASDAQ:NXPI)

Dynamic Advisor Solutions LLC decreased its position in NXP Semiconductors (NASDAQ:NXPI) by 21.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,583 shares of the semiconductor provider’s stock after selling 1,215 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in NXP Semiconductors were worth $953,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. ORG Wealth Partners LLC increased its position in NXP Semiconductors by 915.4% in the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after purchasing an additional 119 shares during the last quarter. FSA Wealth Management LLC purchased a new position in shares of NXP Semiconductors in the 3rd quarter worth $33,000. Sound Income Strategies LLC increased its holdings in shares of NXP Semiconductors by 169.2% in the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock worth $29,000 after buying an additional 88 shares during the last quarter. Brooklyn Investment Group raised its position in shares of NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock valued at $33,000 after buying an additional 66 shares in the last quarter. Finally, Fortitude Family Office LLC lifted its holdings in shares of NXP Semiconductors by 52.4% in the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock valued at $45,000 after acquiring an additional 75 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Price Performance

NASDAQ NXPI opened at $213.43 on Monday. NXP Semiconductors has a 12-month low of $202.25 and a 12-month high of $296.08. The firm’s fifty day simple moving average is $216.79 and its two-hundred day simple moving average is $234.11. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $54.25 billion, a P/E ratio of 20.37, a P/E/G ratio of 3.25 and a beta of 1.47.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.43 by $0.02. The firm had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.25 billion. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The company’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.31 earnings per share. Analysts forecast that NXP Semiconductors will post 11.33 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.74%.

Wall Street Analyst Weigh In

NXPI has been the topic of several analyst reports. The Goldman Sachs Group raised NXP Semiconductors from a “neutral” rating to a “buy” rating and cut their target price for the company from $260.00 to $257.00 in a research report on Friday, January 10th. Citic Securities began coverage on shares of NXP Semiconductors in a research note on Friday, October 11th. They issued a $288.00 target price on the stock. Mizuho set a $290.00 price target on shares of NXP Semiconductors in a research note on Friday, October 18th. Evercore ISI reduced their price objective on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Finally, Wells Fargo & Company initiated coverage on NXP Semiconductors in a research report on Friday, November 22nd. They set an “overweight” rating and a $250.00 target price for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, NXP Semiconductors has a consensus rating of “Moderate Buy” and a consensus price target of $270.85.

NXP Semiconductors Profile

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.