Heck Capital Advisors LLC Takes $524,000 Position in NXP Semiconductors (NASDAQ:NXPI)

Heck Capital Advisors LLC bought a new position in NXP Semiconductors (NASDAQ:NXPI - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 2,519 shares of the semiconductor provider's stock, valued at approximately $524,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NXPI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of NXP Semiconductors by 387.4% during 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 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 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 during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in 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 worth $225,591,000 after purchasing an additional 724,951 shares during the last quarter. International Assets Investment Management LLC lifted its stake 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 worth $123,447,000 after purchasing an additional 512,253 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in NXP Semiconductors by 1,172.3% in the fourth quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider's stock worth $115,396,000 after acquiring an additional 511,553 shares during the last quarter. Institutional investors own 90.54% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on NXPI shares. Susquehanna cut their price target on shares of NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating for the company in a report on Wednesday. StockNews.com lowered shares of NXP Semiconductors from a "buy" rating to a "hold" rating in a report on Wednesday, January 29th. Wells Fargo & Company initiated coverage on NXP Semiconductors in a research report on Friday, November 22nd. They issued an "overweight" rating and a $250.00 target price on the stock. The Goldman Sachs Group raised NXP Semiconductors from a "neutral" rating to a "buy" rating and dropped their price target for the stock from $260.00 to $257.00 in a research note on Friday, January 10th. Finally, Citic Securities assumed coverage on NXP Semiconductors in a report on Friday, October 11th. They set a $288.00 price objective on the stock. Six analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, NXP Semiconductors currently has a consensus rating of "Moderate Buy" and a consensus target price of $263.15.

NXP Semiconductors Trading Up 5.0 %

Shares of NXPI stock traded up $10.14 during trading hours on Wednesday, reaching $212.54. 2,550,340 shares of the stock were exchanged, compared to its average volume of 2,574,331. NXP Semiconductors has a 12-month low of $198.21 and a 12-month high of $296.08. The firm has a market capitalization of $54.02 billion, a price-to-earnings ratio of 20.29, a price-to-earnings-growth ratio of 3.14 and a beta of 1.46. The company's 50-day moving average price is $214.68 and its 200-day moving average price is $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 posted its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating the consensus estimate of $3.43 by $0.02. The firm had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The firm's revenue was down 5.4% compared to the same quarter last year. During the same period in the prior year, the company earned $3.31 EPS. As a group, equities analysts anticipate that NXP Semiconductors will post 11.33 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors's dividend payout ratio (DPR) is presently 38.74%.

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.