FCA Corp TX Acquires 107 Shares of NXP Semiconductors (NASDAQ:NXPI)

FCA Corp TX raised its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 0.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 12,083 shares of the semiconductor provider’s stock after acquiring an additional 107 shares during the period. FCA Corp TX’s holdings in NXP Semiconductors were worth $2,511,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HITE Hedge Asset Management LLC bought a new stake in shares of NXP Semiconductors during the 3rd quarter valued at $13,445,000. Merit Financial Group LLC bought a new stake in shares of NXP Semiconductors in the 4th quarter valued at $360,000. Strategic Financial Concepts LLC bought a new stake in shares of NXP Semiconductors in the 4th quarter valued at $46,000. Austin Private Wealth LLC increased its position in shares of NXP Semiconductors by 140.6% in the 4th quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider’s stock valued at $665,000 after buying an additional 1,869 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its position in shares of NXP Semiconductors by 2.7% in the 4th quarter. Asset Management One Co. Ltd. now owns 98,558 shares of the semiconductor provider’s stock valued at $21,068,000 after buying an additional 2,609 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on NXPI. Citigroup upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and upped their price objective for the company from $210.00 to $290.00 in a research report on Thursday, February 20th. Cantor Fitzgerald restated an “overweight” rating and issued a $250.00 price objective on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Needham & Company LLC lowered their price objective on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Barclays lowered their price objective on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Finally, Morgan Stanley upgraded NXP Semiconductors from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $231.00 to $257.00 in a report on Wednesday, February 12th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $267.00.

NXP Semiconductors Trading Down 1.0 %

Shares of NASDAQ:NXPI opened at $200.64 on Friday. NXP Semiconductors has a 52-week low of $196.95 and a 52-week high of $296.08. The company has a market capitalization of $50.89 billion, a P/E ratio of 20.62, a price-to-earnings-growth ratio of 3.01 and a beta of 1.47. The company has a 50-day simple moving average of $215.46 and a 200 day simple moving average of $222.97. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36.

NXP Semiconductors Announces Dividend

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

Insider Activity at NXP Semiconductors

In related news, COO Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the completion of the sale, the chief operating officer now directly owns 8,828 shares in the company, valued at approximately $1,808,504.08. This trade represents a 10.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.11% of the stock is currently owned by company insiders.

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.