Calamos Wealth Management LLC Increases Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Calamos Wealth Management LLC raised its holdings in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 12.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,651 shares of the semiconductor provider's stock after purchasing an additional 5,553 shares during the period. Calamos Wealth Management LLC's holdings in NXP Semiconductors were worth $10,112,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of NXP Semiconductors by 387.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,294,340 shares of the semiconductor provider's stock valued at $550,665,000 after buying an additional 1,823,650 shares in the last quarter. Van ECK Associates Corp raised its position in shares of NXP Semiconductors by 67.2% in 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 buying an additional 1,222,736 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of NXP Semiconductors by 337.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,924 shares of the semiconductor provider's stock valued at $225,591,000 after buying an additional 724,951 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of NXP Semiconductors by 24,533.2% in the 3rd quarter. International Assets Investment Management LLC now owns 514,341 shares of the semiconductor provider's stock valued at $123,447,000 after buying an additional 512,253 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of NXP Semiconductors by 1,172.3% in the 4th quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider's stock valued at $115,396,000 after buying an additional 511,553 shares in the last quarter. Institutional investors own 90.54% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NXPI. UBS Group lowered their price objective on shares of NXP Semiconductors from $285.00 to $275.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. Susquehanna lowered their price objective on shares of NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating for the company in a research report on Wednesday. Stifel Nicolaus lowered their price objective on shares of NXP Semiconductors from $231.00 to $210.00 and set a "hold" rating for the company in a research report on Wednesday. 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, StockNews.com cut shares of NXP Semiconductors from a "buy" rating to a "hold" rating in a research report on Wednesday, January 29th. Six investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $263.15.

NXP Semiconductors Stock Up 4.5 %

NASDAQ NXPI traded up $9.15 on Wednesday, hitting $211.55. 2,301,465 shares of the company were exchanged, compared to its average volume of 2,565,154. The company has a market cap of $53.77 billion, a PE ratio of 20.22, a PEG ratio of 3.14 and a beta of 1.46. NXP Semiconductors has a 12 month low of $198.21 and a 12 month high of $296.08. The stock has a fifty day moving average of $214.68 and a 200-day moving average of $230.36. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its earnings results 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. The business had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.25 billion. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. NXP Semiconductors's revenue was down 5.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.31 earnings per share. As a group, analysts forecast that NXP Semiconductors will post 11.33 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors's dividend payout ratio is presently 38.74%.

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.