Natural Investments LLC purchased a new position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,482 shares of the semiconductor provider's stock, valued at approximately $308,000.
Several other large investors have also added to or reduced their stakes in the stock. State Street Corp lifted its position in NXP Semiconductors by 1.3% in the third quarter. State Street Corp now owns 10,675,415 shares of the semiconductor provider's stock valued at $2,572,694,000 after purchasing an additional 139,641 shares during the last quarter. Geode Capital Management LLC increased its position in NXP Semiconductors by 1.1% in the third quarter. Geode Capital Management LLC now owns 5,145,932 shares of the semiconductor provider's stock worth $1,231,533,000 after buying an additional 57,762 shares in the last quarter. Franklin Resources Inc. grew its position in shares of NXP Semiconductors by 2.1% during the third quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider's stock worth $1,063,322,000 after purchasing an additional 93,129 shares in the last quarter. Van ECK Associates Corp grew its holdings in NXP Semiconductors by 27.1% during the 4th quarter. Van ECK Associates Corp now owns 3,865,446 shares of the semiconductor provider's stock valued at $803,432,000 after buying an additional 824,317 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its stake in shares of NXP Semiconductors by 0.7% in the 3rd quarter. Janus Henderson Group PLC now owns 2,730,933 shares of the semiconductor provider's stock valued at $655,453,000 after purchasing an additional 20,145 shares during the last quarter. Institutional investors own 90.54% of the company's stock.
Wall Street Analyst Weigh In
NXPI has been the topic of several research reports. Truist Financial raised their price objective on NXP Semiconductors from $245.00 to $258.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Needham & Company LLC decreased their price objective on NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating for the company in a report on Wednesday, February 5th. Wells Fargo & Company initiated coverage on NXP Semiconductors in a report on Friday, November 22nd. They issued an "overweight" rating and a $250.00 price target for the company. The Goldman Sachs Group reiterated a "buy" rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Finally, Morgan Stanley upgraded NXP Semiconductors from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $231.00 to $257.00 in a research note on Wednesday, February 12th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $267.00.
Read Our Latest Stock Analysis on NXPI
NXP Semiconductors Stock Down 1.7 %
Shares of NASDAQ NXPI traded down $3.43 during mid-day trading on Thursday, hitting $201.02. The company had a trading volume of 1,792,029 shares, compared to its average volume of 2,311,183. The company has a market capitalization of $50.98 billion, a PE ratio of 20.66, a price-to-earnings-growth 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 has a 1-year low of $198.21 and a 1-year high of $296.08. The business's 50-day simple moving average is $216.00 and its 200 day simple moving average is $224.99.
NXP Semiconductors Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th will be issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Wednesday, March 19th. NXP Semiconductors's dividend payout ratio (DPR) is presently 41.62%.
NXP Semiconductors Profile
(
Free Report)
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.
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