NXP Semiconductors (NASDAQ:NXPI) Shares Bought by LifePlan Financial LLC

LifePlan Financial LLC grew its position in NXP Semiconductors (NASDAQ:NXPI) by 110.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,494 shares of the semiconductor provider’s stock after acquiring an additional 2,359 shares during the period. LifePlan Financial LLC’s holdings in NXP Semiconductors were worth $934,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in NXPI. State Street Corp lifted its holdings in NXP Semiconductors by 1.3% in the third quarter. State Street Corp now owns 10,675,415 shares of the semiconductor provider’s stock valued at $2,572,694,000 after acquiring an additional 139,641 shares during the period. Geode Capital Management LLC grew its position in NXP Semiconductors by 1.1% during the third quarter. Geode Capital Management LLC now owns 5,145,932 shares of the semiconductor provider’s stock worth $1,231,533,000 after buying an additional 57,762 shares during the period. Franklin Resources Inc. increased its holdings in NXP Semiconductors by 2.1% in the third quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider’s stock valued at $1,063,322,000 after buying an additional 93,129 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of NXP Semiconductors by 67.2% during the 3rd quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider’s stock valued at $718,680,000 after acquiring an additional 1,222,736 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of NXP Semiconductors by 0.7% during the 3rd quarter. Janus Henderson Group PLC now owns 2,730,933 shares of the semiconductor provider’s stock worth $655,453,000 after acquiring an additional 20,145 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXPI stock opened at $215.36 on Tuesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35. The stock has a market capitalization of $54.74 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 3.23 and a beta of 1.47. NXP Semiconductors has a one year low of $202.25 and a one year high of $296.08. The company’s 50-day simple moving average is $217.27 and its 200-day simple moving average is $235.49.

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

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a yield of 1.88%. NXP Semiconductors’s dividend payout ratio is currently 38.74%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NXPI. Wells Fargo & Company assumed coverage on shares of NXP Semiconductors in a report on Friday, November 22nd. They issued an “overweight” rating and a $250.00 price target on the stock. Citic Securities began coverage on NXP Semiconductors in a report on Friday, October 11th. They issued a $288.00 price target for the company. The Goldman Sachs Group raised NXP Semiconductors from a “neutral” rating to a “buy” rating and decreased their price objective for the company from $260.00 to $257.00 in a research note on Friday, January 10th. Susquehanna cut their target price on shares of NXP Semiconductors from $260.00 to $250.00 and set a “neutral” rating for the company in a research note on Wednesday, November 6th. Finally, TD Cowen decreased their price target on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $271.60.

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.