NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by GDS Wealth Management

GDS Wealth Management grew its position in NXP Semiconductors (NASDAQ:NXPI) by 6.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 59,308 shares of the semiconductor provider’s stock after buying an additional 3,568 shares during the quarter. GDS Wealth Management’s holdings in NXP Semiconductors were worth $12,327,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. JB Capital LLC lifted its holdings in NXP Semiconductors by 6.2% in the 4th quarter. JB Capital LLC now owns 58,393 shares of the semiconductor provider’s stock valued at $12,137,000 after purchasing an additional 3,419 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of NXP Semiconductors by 6.9% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 3,282 shares of the semiconductor provider’s stock worth $682,000 after buying an additional 212 shares in the last quarter. Greenleaf Trust boosted its position in NXP Semiconductors by 3.6% during the fourth quarter. Greenleaf Trust now owns 3,320 shares of the semiconductor provider’s stock worth $690,000 after acquiring an additional 114 shares during the last quarter. Golden State Equity Partners grew its stake in NXP Semiconductors by 30.1% during the 4th quarter. Golden State Equity Partners now owns 1,643 shares of the semiconductor provider’s stock valued at $342,000 after acquiring an additional 380 shares in the last quarter. Finally, DAVENPORT & Co LLC raised its holdings in NXP Semiconductors by 5.8% in the 4th quarter. DAVENPORT & Co LLC now owns 14,347 shares of the semiconductor provider’s stock valued at $2,982,000 after acquiring an additional 781 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Trading Down 1.8 %

Shares of NXPI stock opened at $204.73 on Tuesday. NXP Semiconductors has a fifty-two week low of $198.21 and a fifty-two week high of $296.08. The company has a 50 day moving average price of $215.79 and a 200 day moving average price of $231.35. The stock has a market capitalization of $52.03 billion, a P/E ratio of 19.54, a price-to-earnings-growth ratio of 3.14 and a beta of 1.46. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35.

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

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were paid a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.98%. NXP Semiconductors’s payout ratio is 38.74%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on NXPI shares. Wells Fargo & Company initiated coverage on NXP Semiconductors in a report on Friday, November 22nd. They set an “overweight” rating and a $250.00 target price on the stock. StockNews.com cut NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Citic Securities assumed coverage on NXP Semiconductors in a report on Friday, October 11th. They set a $288.00 price target on the stock. Mizuho set a $290.00 price objective on shares of NXP Semiconductors in a report on Friday, October 18th. Finally, UBS Group cut their price objective on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.