Net Worth Advisory Group Has $241,000 Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Net Worth Advisory Group trimmed its position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 53.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,162 shares of the semiconductor provider's stock after selling 1,360 shares during the period. Net Worth Advisory Group's holdings in NXP Semiconductors were worth $241,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. HITE Hedge Asset Management LLC acquired a new stake in shares of NXP Semiconductors during the 3rd quarter valued at about $13,445,000. Merit Financial Group LLC bought a new position in NXP Semiconductors during the fourth quarter worth about $360,000. Strategic Financial Concepts LLC acquired a new stake in NXP Semiconductors during the fourth quarter valued at approximately $46,000. Banque Cantonale Vaudoise grew its stake in shares of NXP Semiconductors by 60.2% in the 3rd quarter. Banque Cantonale Vaudoise now owns 25,850 shares of the semiconductor provider's stock valued at $6,204,000 after purchasing an additional 9,710 shares during the period. Finally, Austin Private Wealth LLC raised its holdings in shares of NXP Semiconductors by 140.6% in the 4th quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider's stock worth $665,000 after buying an additional 1,869 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

Analyst Ratings Changes

NXPI has been the topic of several recent analyst reports. Cantor Fitzgerald restated an "overweight" rating and issued a $250.00 target price on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Needham & Company LLC reduced their price target on shares of NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of NXP Semiconductors in a report on Tuesday, February 4th. Barclays cut their target price on shares of NXP Semiconductors from $280.00 to $230.00 and set an "overweight" rating for the company in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. decreased their price target on NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating on the stock in a research 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. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $267.00.

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NXP Semiconductors Stock Down 1.5 %

Shares of NASDAQ:NXPI opened at $205.80 on Wednesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The stock has a market cap of $52.19 billion, a price-to-earnings ratio of 21.15, a P/E/G ratio of 3.01 and a beta of 1.47. The company has a 50 day moving average of $216.17 and a 200-day moving average of $225.30. NXP Semiconductors has a one year low of $198.21 and a one year high of $296.08.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th will be issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, March 19th. NXP Semiconductors's dividend payout ratio is presently 41.62%.

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.

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