Capital Analysts LLC Decreases Position in NXP Semiconductors (NASDAQ:NXPI)

Capital Analysts LLC trimmed its position in NXP Semiconductors (NASDAQ:NXPI) by 7.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,938 shares of the semiconductor provider’s stock after selling 161 shares during the period. Capital Analysts LLC’s holdings in NXP Semiconductors were worth $403,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Merit Financial Group LLC purchased a new stake in shares of NXP Semiconductors during the fourth quarter worth approximately $360,000. Strategic Financial Concepts LLC acquired a new stake in NXP Semiconductors during the 4th quarter worth $46,000. Austin Private Wealth LLC grew its holdings in shares of NXP Semiconductors by 140.6% during the fourth quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider’s stock worth $665,000 after buying an additional 1,869 shares in the last quarter. Asset Management One Co. Ltd. raised its position in shares of NXP Semiconductors by 2.7% in the fourth 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 during the last quarter. Finally, Czech National Bank lifted its stake in shares of NXP Semiconductors by 6.2% in the fourth quarter. Czech National Bank now owns 55,107 shares of the semiconductor provider’s stock worth $11,454,000 after buying an additional 3,216 shares in the last quarter. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, COO Andrew Micallef sold 1,000 shares of the company’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $204.86, for a total transaction of $204,860.00. Following the sale, the chief operating officer now owns 8,828 shares of the company’s stock, valued at approximately $1,808,504.08. This represents a 10.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.11% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

NXPI has been the subject of several recent research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $250.00 price target on shares of NXP Semiconductors in a report on Tuesday, February 4th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. JPMorgan Chase & Co. lowered their price target on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Truist Financial upped their price objective on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Finally, Stifel Nicolaus reduced their target price on shares of NXP Semiconductors from $210.00 to $170.00 and set a “hold” rating on the stock in a research note on Thursday, April 17th. Four research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, NXP Semiconductors presently has an average rating of “Moderate Buy” and an average target price of $258.10.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $193.55 on Monday. The company has a market cap of $49.09 billion, a P/E ratio of 19.89, a P/E/G ratio of 3.01 and a beta of 1.40. NXP Semiconductors has a 1-year low of $148.09 and a 1-year high of $296.08. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The stock has a 50-day moving average of $197.09 and a two-hundred day moving average of $212.85.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th were paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 2.10%. The ex-dividend date of this dividend was Wednesday, March 19th. NXP Semiconductors’s payout ratio is currently 41.62%.

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.