Kestra Private Wealth Services LLC Buys 1,533 Shares of NXP Semiconductors (NASDAQ:NXPI)

Kestra Private Wealth Services LLC lifted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 13.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,671 shares of the semiconductor provider's stock after buying an additional 1,533 shares during the quarter. Kestra Private Wealth Services LLC's holdings in NXP Semiconductors were worth $2,634,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of NXPI. ORG Wealth Partners LLC boosted its stake in NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock worth $27,000 after acquiring an additional 119 shares during the last quarter. Sound Income Strategies LLC boosted its stake in NXP Semiconductors by 169.2% during the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock worth $29,000 after acquiring an additional 88 shares during the last quarter. FSA Wealth Management LLC bought a new position in NXP Semiconductors in the third quarter valued at approximately $33,000. Brooklyn Investment Group lifted 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 buying an additional 66 shares in the last quarter. Finally, Fortitude Family Office LLC lifted its stake in NXP Semiconductors by 52.4% in the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider's stock valued at $45,000 after buying an additional 75 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on NXPI. Cantor Fitzgerald reiterated an "overweight" rating and issued a $250.00 price objective on shares of NXP Semiconductors in a report on Tuesday, February 4th. Truist Financial lowered their price objective on shares of NXP Semiconductors from $287.00 to $252.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. The Goldman Sachs Group upgraded shares of NXP Semiconductors from a "neutral" rating to a "buy" rating and lowered their price objective for the company from $260.00 to $257.00 in a report on Friday, January 10th. Needham & Company LLC lowered their price objective on shares of NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating on the stock in a report on Wednesday, February 5th. Finally, Susquehanna lowered their price objective on shares of NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating on the stock in a report on Wednesday, February 5th. Five equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $264.45.

NXP Semiconductors Stock Performance

Shares of NASDAQ:NXPI traded up $4.55 on Friday, hitting $224.14. The company had a trading volume of 3,085,358 shares, compared to its average volume of 2,691,124. NXP Semiconductors has a 1-year low of $198.21 and a 1-year high of $296.08. The stock has a market cap of $56.97 billion, a price-to-earnings ratio of 23.04, a P/E/G ratio of 2.64 and a beta of 1.46. The stock has a 50 day moving average price of $213.16 and a 200 day moving average price of $228.34. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a $1.014 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 annualized dividend and a dividend yield of 1.81%. NXP Semiconductors's dividend payout ratio is currently 41.73%.

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.