NXP Semiconductors (NASDAQ:NXPI) Stock Holdings Boosted by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG raised its stake in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 32.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,710 shares of the semiconductor provider's stock after purchasing an additional 19,044 shares during the period. J. Safra Sarasin Holding AG's holdings in NXP Semiconductors were worth $16,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in NXPI. Chelsea Counsel Co. increased its holdings in shares of NXP Semiconductors by 33.3% in the 3rd quarter. Chelsea Counsel Co. now owns 300 shares of the semiconductor provider's stock valued at $72,000 after acquiring an additional 75 shares during the period. Pine Valley Investments Ltd Liability Co increased its holdings in shares of NXP Semiconductors by 2.6% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 4,000 shares of the semiconductor provider's stock valued at $960,000 after purchasing an additional 100 shares in the last quarter. World Investment Advisors LLC raised its holdings in 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. Wilmington Savings Fund Society FSB purchased a new position in NXP Semiconductors during the third quarter valued at $1,574,000. Finally, Tidal Investments LLC increased its position in shares of NXP Semiconductors by 9.3% during the third quarter. Tidal Investments LLC now owns 18,124 shares of the semiconductor provider's stock worth $4,350,000 after purchasing an additional 1,542 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Stock Down 0.0 %

NASDAQ:NXPI traded down $0.02 during trading hours on Friday, hitting $193.55. The stock had a trading volume of 2,485,588 shares, compared to its average volume of 2,582,745. NXP Semiconductors has a 1-year low of $148.09 and a 1-year high of $296.08. The company has a market cap of $49.09 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 3.01 and a beta of 1.40. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The business has a 50 day simple moving average of $197.09 and a two-hundred day simple moving average of $213.19.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th were paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 2.10%. The ex-dividend date was Wednesday, March 19th. NXP Semiconductors's dividend payout ratio (DPR) is currently 41.62%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on NXPI shares. Barclays dropped their price objective on shares of NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating for the company in a report on Tuesday. Morgan Stanley set a $229.00 price target on shares of NXP Semiconductors in a research report on Monday, April 21st. Cantor Fitzgerald reissued an "overweight" rating and set a $250.00 target price on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Citigroup decreased their price objective on shares of NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Finally, Arete Research raised NXP Semiconductors to a "strong-buy" rating in a report on Tuesday, March 25th. 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 MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $258.10.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction on Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the completion of 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 transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.11% of the company's stock.

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.