Crux Wealth Advisors Invests $556,000 in NXP Semiconductors (NASDAQ:NXPI)

Crux Wealth Advisors bought a new position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,673 shares of the semiconductor provider's stock, valued at approximately $556,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. ORG Wealth Partners LLC increased its holdings in NXP Semiconductors by 915.4% in the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock valued at $27,000 after purchasing an additional 119 shares during the last quarter. Sound Income Strategies LLC increased its stake in shares of NXP Semiconductors by 169.2% in the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock valued at $29,000 after acquiring an additional 88 shares during the last quarter. Smithfield Trust Co acquired a new stake in shares of NXP Semiconductors in the 4th quarter valued at approximately $32,000. Runnymede Capital Advisors Inc. bought a new position in NXP Semiconductors during the 4th quarter worth approximately $32,000. Finally, Brooklyn Investment Group increased its stake in NXP Semiconductors by 69.5% in the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock valued at $33,000 after purchasing an additional 66 shares in the last quarter. Institutional investors own 90.54% of the company's stock.

NXP Semiconductors Stock Up 0.6 %

NXPI stock traded up $1.09 during mid-day trading on Tuesday, reaching $171.63. The company had a trading volume of 1,923,014 shares, compared to its average volume of 2,564,701. The company has a market capitalization of $43.53 billion, a price-to-earnings ratio of 17.64, a PEG ratio of 3.01 and a beta of 1.40. NXP Semiconductors has a 52 week low of $148.09 and a 52 week high of $296.08. The stock has a 50 day simple moving average of $204.52 and a two-hundred day simple moving average of $216.51. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60.

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NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th were paid a $1.014 dividend. The ex-dividend date was Wednesday, March 19th. This represents a $4.06 annualized dividend and a dividend yield of 2.36%. NXP Semiconductors's dividend payout ratio is presently 41.62%.

Wall Street Analyst Weigh In

NXPI has been the topic of several research analyst reports. StockNews.com downgraded NXP Semiconductors from a "buy" rating to a "hold" rating in a research note on Wednesday, January 29th. Morgan Stanley raised NXP Semiconductors from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $231.00 to $257.00 in a research report on Wednesday, February 12th. Needham & Company LLC decreased their price objective on NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating for the company in a research report on Wednesday, February 5th. Barclays lowered their target price on NXP Semiconductors from $280.00 to $230.00 and set an "overweight" rating for the company in a research note on Friday, January 17th. Finally, Mizuho lifted their price target on shares of NXP Semiconductors from $240.00 to $255.00 and gave the company an "outperform" rating in a research note on Thursday, February 20th. Four research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $263.50.

Insider Buying and Selling

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the business's 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 transaction, the chief operating officer now owns 8,828 shares of the company's stock, valued at $1,808,504.08. The trade was a 10.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.11% of the stock is owned by corporate insiders.

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.