Mirabella Financial Services LLP Invests $736,000 in NXP Semiconductors (NASDAQ:NXPI)

Mirabella Financial Services LLP purchased a new stake in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,544 shares of the semiconductor provider's stock, valued at approximately $736,000.

Several other institutional investors also recently bought and sold shares of the stock. MML Investors Services LLC grew its position in NXP Semiconductors by 1.7% during the fourth quarter. MML Investors Services LLC now owns 21,495 shares of the semiconductor provider's stock valued at $4,468,000 after buying an additional 359 shares during the period. MetLife Investment Management LLC grew its position in shares of NXP Semiconductors by 1.7% during the 4th quarter. MetLife Investment Management LLC now owns 62,801 shares of the semiconductor provider's stock valued at $13,053,000 after acquiring an additional 1,028 shares during the period. Norinchukin Bank The boosted its position in NXP Semiconductors by 7.0% during the fourth quarter. Norinchukin Bank The now owns 13,436 shares of the semiconductor provider's stock worth $2,793,000 after purchasing an additional 883 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of NXP Semiconductors by 36.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,552,802 shares of the semiconductor provider's stock valued at $322,764,000 after buying an additional 414,932 shares in the last quarter. Finally, Forum Financial Management LP grew its stake in NXP Semiconductors by 92.1% in the 4th quarter. Forum Financial Management LP now owns 2,451 shares of the semiconductor provider's stock valued at $509,000 after acquiring an additional 1,175 shares during the period. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

NXP Semiconductors Trading Down 0.0 %

Shares of NXPI stock traded down $0.02 on Friday, hitting $193.55. The stock had a trading volume of 2,485,305 shares, compared to its average volume of 2,580,627. The company's 50 day moving average price is $197.79 and its 200-day moving average price is $213.48. NXP Semiconductors has a 1 year low of $148.09 and a 1 year high of $296.08. The firm has a market capitalization of $49.09 billion, a P/E ratio of 19.89, a P/E/G ratio of 3.01 and a beta of 1.40. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60.

NXP Semiconductors Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Stifel Nicolaus decreased their price objective on shares of NXP Semiconductors from $210.00 to $170.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. Mizuho boosted their price objective on NXP Semiconductors from $240.00 to $255.00 and gave the stock an "outperform" rating in a research note on Thursday, February 20th. Truist Financial lifted their price target on NXP Semiconductors from $245.00 to $258.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. StockNews.com downgraded shares of NXP Semiconductors from a "buy" rating to a "hold" rating in a research note on Wednesday, January 29th. Finally, Citigroup decreased their target price on shares of NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Four equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $258.10.

Insider Activity at NXP Semiconductors

In other news, COO Andrew Micallef sold 1,000 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $204.86, for a total value of $204,860.00. Following the sale, the chief operating officer now directly owns 8,828 shares in the company, valued at approximately $1,808,504.08. This trade represents a 10.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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.