1,359 Shares in NXP Semiconductors (NASDAQ:NXPI) Acquired by Moors & Cabot Inc.

Moors & Cabot Inc. acquired a new position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,359 shares of the semiconductor provider's stock, valued at approximately $282,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Ascent Group LLC increased its holdings in shares of NXP Semiconductors by 0.4% during the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider's stock worth $3,000,000 after purchasing an additional 46 shares during the period. Central Bank & Trust Co. increased its holdings in shares of NXP Semiconductors by 1.1% during the 4th quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider's stock worth $917,000 after purchasing an additional 48 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of NXP Semiconductors by 9.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 573 shares of the semiconductor provider's stock valued at $119,000 after acquiring an additional 51 shares in the last quarter. Private Trust Co. NA boosted its position in shares of NXP Semiconductors by 5.8% during the 4th quarter. Private Trust Co. NA now owns 968 shares of the semiconductor provider's stock valued at $201,000 after acquiring an additional 53 shares in the last quarter. Finally, Trustmark National Bank Trust Department boosted its position in shares of NXP Semiconductors by 6.8% during the 3rd quarter. Trustmark National Bank Trust Department now owns 921 shares of the semiconductor provider's stock valued at $221,000 after acquiring an additional 59 shares in the last quarter. Institutional investors own 90.54% of the company's stock.

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NXP Semiconductors Price Performance

Shares of NXPI stock traded down $4.74 during trading hours on Thursday, reaching $202.64. 1,453,642 shares of the company were exchanged, compared to its average volume of 2,284,123. NXP Semiconductors has a fifty-two week low of $198.21 and a fifty-two week high of $296.08. The stock's fifty day moving average is $215.72 and its two-hundred day moving average is $223.59. The company has a market cap of $51.39 billion, a price-to-earnings ratio of 20.83, a P/E/G ratio of 3.01 and a beta of 1.47. 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 declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th will be paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Wednesday, March 19th. NXP Semiconductors's dividend payout ratio (DPR) is 41.62%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NXPI. Truist Financial lifted their target price on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Tuesday, February 18th. JPMorgan Chase & Co. decreased their target price on shares of NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 5th. The Goldman Sachs Group reiterated a "buy" rating on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Cantor Fitzgerald reiterated an "overweight" rating and set a $250.00 target price on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Finally, Barclays decreased their target price on shares of NXP Semiconductors from $280.00 to $230.00 and set an "overweight" rating on the stock in a research report on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $267.00.

Insider Buying and Selling

In related news, COO Andrew Micallef sold 1,000 shares of the business's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $204.86, for a total transaction of $204,860.00. Following the completion of the sale, the chief operating officer now directly 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 filing with the SEC, which is available at this link. 0.11% of the stock is currently owned by insiders.

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.