Aware Super Pty Ltd as trustee of Aware Super Takes $915,000 Position in NXP Semiconductors (NASDAQ:NXPI)

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,401 shares of the semiconductor provider's stock, valued at approximately $915,000.

A number of other hedge funds have also recently bought and sold shares of NXPI. ORG Wealth Partners LLC lifted its stake in NXP Semiconductors by 915.4% during the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock worth $27,000 after purchasing an additional 119 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of NXP Semiconductors by 169.2% in the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock worth $29,000 after acquiring an additional 88 shares during the last quarter. Smithfield Trust Co bought a new position in NXP Semiconductors in the 4th quarter valued at approximately $32,000. Runnymede Capital Advisors Inc. purchased a new position in shares of NXP Semiconductors during the fourth quarter valued at approximately $32,000. Finally, Brooklyn Investment Group increased its position in shares of NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock valued at $33,000 after purchasing an additional 66 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Stock Performance

NXPI traded up $2.15 during trading hours on Friday, reaching $170.74. The company's stock had a trading volume of 2,106,439 shares, compared to its average volume of 2,573,712. NXP Semiconductors has a 52 week low of $148.09 and a 52 week high of $296.08. The firm has a market cap of $43.30 billion, a PE ratio of 17.55, a price-to-earnings-growth ratio of 3.01 and a beta of 1.40. The company's 50-day moving average is $201.13 and its 200-day moving average is $214.97. 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 firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th were issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date was Wednesday, March 19th. NXP Semiconductors's dividend payout ratio is presently 41.62%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on NXPI. Truist Financial boosted their target price on shares of NXP Semiconductors from $245.00 to $258.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Stifel Nicolaus reduced their price target 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. Citigroup dropped their price objective on NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Mizuho increased their price objective on NXP Semiconductors from $240.00 to $255.00 and gave the company an "outperform" rating in a report on Thursday, February 20th. Finally, Morgan Stanley raised shares of NXP Semiconductors from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $231.00 to $257.00 in a report on Wednesday, February 12th. Four equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $261.50.

Insider Activity

In related news, COO Andrew Micallef sold 1,000 shares of the stock in a transaction on Monday, March 17th. The stock was 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 $1,808,504.08. This represents a 10.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.11% of the stock is owned by corporate insiders.

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.