Czech National Bank Purchases 3,216 Shares of NXP Semiconductors (NASDAQ:NXPI)

Czech National Bank increased its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 6.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 55,107 shares of the semiconductor provider's stock after acquiring an additional 3,216 shares during the quarter. Czech National Bank's holdings in NXP Semiconductors were worth $11,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of NXPI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in 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 worth $550,665,000 after purchasing an additional 1,823,650 shares during the period. Van ECK Associates Corp grew its holdings in shares of NXP Semiconductors by 67.2% during the third 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 grew its holdings in shares of NXP Semiconductors by 337.2% during the third 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 NXP Semiconductors by 24,533.2% during the third 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 during the period. Finally, Ceredex Value Advisors LLC purchased a new stake in NXP Semiconductors in the 3rd quarter worth about $84,901,000. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Stock Performance

Shares of NASDAQ NXPI traded up $3.80 during trading hours on Tuesday, hitting $210.63. 1,513,136 shares of the company's stock were exchanged, compared to its average volume of 1,996,711. The stock has a market capitalization of $53.53 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 4.37 and a beta of 1.47. The company's 50-day moving average price is $219.02 and its 200-day moving average price is $237.50. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60. NXP Semiconductors has a 1-year low of $201.58 and a 1-year high of $296.08.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, beating 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 company had revenue of $3.25 billion during the quarter, compared to analysts' expectations of $3.25 billion. During the same period in the prior year, the business earned $3.31 earnings per share. NXP Semiconductors's revenue for the quarter was down 5.4% compared to the same quarter last year. On average, sell-side analysts expect that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.93%. The ex-dividend date was Thursday, December 5th. NXP Semiconductors's dividend payout ratio (DPR) is presently 38.65%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Loop Capital started coverage on NXP Semiconductors in a report on Monday, November 11th. They issued a "buy" rating and a $300.00 target price on the stock. Morgan Stanley decreased their target price on shares of NXP Semiconductors from $250.00 to $235.00 and set an "equal weight" rating for the company in a research note on Wednesday, November 6th. Wells Fargo & Company began coverage on shares of NXP Semiconductors in a research note on Friday, November 22nd. They issued an "overweight" rating and a $250.00 price target on the stock. Cantor Fitzgerald reiterated an "overweight" rating and set a $270.00 price objective on shares of NXP Semiconductors in a report on Monday, November 4th. Finally, Susquehanna dropped their target price on NXP Semiconductors from $260.00 to $250.00 and set a "neutral" rating on the stock in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat, NXP Semiconductors has a consensus rating of "Moderate Buy" and an average price target of $273.19.

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.