Lbp Am Sa Acquires 43,833 Shares of NXP Semiconductors (NASDAQ:NXPI)

Lbp Am Sa increased its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 132.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,960 shares of the semiconductor provider’s stock after buying an additional 43,833 shares during the period. Lbp Am Sa’s holdings in NXP Semiconductors were worth $15,996,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Apollon Wealth Management LLC increased its stake in NXP Semiconductors by 29.0% in the third quarter. Apollon Wealth Management LLC now owns 5,068 shares of the semiconductor provider’s stock valued at $1,216,000 after purchasing an additional 1,138 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd bought a new stake in NXP Semiconductors in the third quarter valued at approximately $462,000. Prime Capital Investment Advisors LLC increased its stake in NXP Semiconductors by 10.6% in the third quarter. Prime Capital Investment Advisors LLC now owns 1,552 shares of the semiconductor provider’s stock valued at $373,000 after purchasing an additional 149 shares in the last quarter. Aigen Investment Management LP increased its stake in NXP Semiconductors by 43.4% in the third quarter. Aigen Investment Management LP now owns 1,473 shares of the semiconductor provider’s stock valued at $354,000 after purchasing an additional 446 shares in the last quarter. Finally, Aptus Capital Advisors LLC increased its stake in NXP Semiconductors by 6.2% in the third quarter. Aptus Capital Advisors LLC now owns 1,691 shares of the semiconductor provider’s stock valued at $406,000 after purchasing an additional 98 shares in the last quarter. 90.54% of the stock is owned by institutional investors.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $201.02 on Friday. The firm has a 50-day moving average of $216.00 and a 200-day moving average of $224.99. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. The stock has a market cap of $50.98 billion, a PE ratio of 20.66, a P/E/G ratio of 3.01 and a beta of 1.47. NXP Semiconductors has a 52-week low of $198.21 and a 52-week high of $296.08.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th will be issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Wednesday, March 19th. NXP Semiconductors’s dividend payout ratio is currently 41.62%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Barclays lowered their target price on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Cantor Fitzgerald reissued an “overweight” rating and set a $250.00 price objective on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Citigroup raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $210.00 to $290.00 in a research report on Thursday, February 20th. Susquehanna lowered their price objective on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Finally, Morgan Stanley raised shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $231.00 to $257.00 in a research report on Wednesday, February 12th. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, NXP Semiconductors currently has an average rating of “Moderate Buy” and a consensus price target of $267.00.

NXP Semiconductors Company 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.