NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lowered its stake in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 428,674 shares of the semiconductor provider's stock after selling 11,186 shares during the period. Natixis Advisors LLC owned about 0.17% of NXP Semiconductors worth $89,099,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. ORG Wealth Partners LLC grew its holdings in shares of NXP Semiconductors by 915.4% during the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock worth $27,000 after buying an additional 119 shares in the last quarter. Sound Income Strategies LLC boosted its position in NXP Semiconductors by 169.2% during the fourth 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. Smithfield Trust Co purchased a new stake in NXP Semiconductors during the 4th quarter valued at about $32,000. FSA Wealth Management LLC acquired a new stake in NXP Semiconductors in the 3rd quarter valued at about $33,000. Finally, Brooklyn Investment Group lifted its stake in NXP Semiconductors by 69.5% in the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock worth $33,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Stock Down 2.3 %

NXP Semiconductors stock traded down $4.74 during trading on Thursday, reaching $202.64. The stock had a trading volume of 1,454,556 shares, compared to its average volume of 2,284,125. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. NXP Semiconductors has a 52-week low of $198.21 and a 52-week high of $296.08. The stock has a market cap of $51.39 billion, a PE ratio of 20.83, a P/E/G ratio of 3.01 and a beta of 1.47. The business has a 50 day moving average price of $215.72 and a 200 day moving average price of $223.59.

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NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th will be given a dividend of $1.014 per share. The ex-dividend date is Wednesday, March 19th. This represents a $4.06 annualized dividend and a dividend yield of 2.00%. NXP Semiconductors's dividend payout ratio (DPR) is currently 41.62%.

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 stock was 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 owns 8,828 shares in the company, 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 Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.11% of the company's stock.

Wall Street Analysts Forecast Growth

NXPI has been the subject of a number of recent research reports. Citigroup raised NXP Semiconductors from a "neutral" rating to a "buy" rating and raised their target price for the stock from $210.00 to $290.00 in a research note on Thursday, February 20th. Mizuho raised their price objective on shares of NXP Semiconductors from $240.00 to $255.00 and gave the stock an "outperform" rating in a research report on Thursday, February 20th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $250.00 target price on shares of NXP Semiconductors in a report on Tuesday, February 4th. Stifel Nicolaus cut their price target on shares of NXP Semiconductors from $231.00 to $210.00 and set a "hold" rating for the company in a report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. decreased their price objective on NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating on the stock in a report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to MarketBeat.com, NXP Semiconductors has a consensus rating of "Moderate Buy" and a consensus price target of $267.00.

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.