Barclays PLC Buys 11,633 Shares of NXP Semiconductors (NASDAQ:NXPI)

Barclays PLC increased its position in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,423,393 shares of the semiconductor provider's stock after buying an additional 11,633 shares during the quarter. Barclays PLC owned 0.56% of NXP Semiconductors worth $295,853,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Public Employees Retirement System of Ohio bought a new position in shares of NXP Semiconductors during the third quarter valued at approximately $2,443,000. Chelsea Counsel Co. increased its position in NXP Semiconductors by 33.3% during the 3rd quarter. Chelsea Counsel Co. now owns 300 shares of the semiconductor provider's stock valued at $72,000 after purchasing an additional 75 shares during the period. Pine Valley Investments Ltd Liability Co raised its holdings in NXP Semiconductors by 2.6% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 4,000 shares of the semiconductor provider's stock worth $960,000 after purchasing an additional 100 shares in the last quarter. World Investment Advisors LLC lifted its position in shares of NXP Semiconductors by 2,103.4% in the 3rd quarter. World Investment Advisors LLC now owns 28,909 shares of the semiconductor provider's stock worth $6,938,000 after purchasing an additional 27,597 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new stake in NXP Semiconductors during the 3rd quarter valued at approximately $1,574,000. Institutional investors own 90.54% of the company's stock.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI traded up $2.15 during midday trading on Friday, reaching $170.74. The stock had a trading volume of 2,106,439 shares, compared to its average volume of 2,577,383. 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 has a 12-month low of $148.09 and a 12-month high of $296.08. The stock has a 50-day moving average of $201.94 and a 200-day moving average of $215.39. The company has a market capitalization of $43.30 billion, a price-to-earnings ratio of 17.55, a price-to-earnings-growth ratio of 3.01 and a beta of 1.40.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th were issued a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a yield of 2.38%. NXP Semiconductors's dividend payout ratio is presently 41.62%.

Insider Activity

In related news, COO Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction that occurred 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 trade represents a 10.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.11% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on NXPI. The Goldman Sachs Group reaffirmed a "buy" rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Truist Financial raised their price objective on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Barclays reduced their price target 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. Needham & Company LLC cut their target price on NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. Finally, Arete Research upgraded shares of NXP Semiconductors to a "strong-buy" rating in a research note on Tuesday, March 25th. Four equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $261.50.

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.