Daiwa Securities Group Inc. Has $12.99 Million Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Daiwa Securities Group Inc. reduced its position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 22.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,479 shares of the semiconductor provider's stock after selling 18,478 shares during the period. Daiwa Securities Group Inc.'s holdings in NXP Semiconductors were worth $12,987,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in NXP Semiconductors by 387.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,294,340 shares of the semiconductor provider's stock valued at $550,665,000 after purchasing an additional 1,823,650 shares during the last quarter. Van ECK Associates Corp boosted its position in NXP Semiconductors by 27.1% during the fourth quarter. Van ECK Associates Corp now owns 3,865,446 shares of the semiconductor provider's stock valued at $803,432,000 after purchasing an additional 824,317 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in NXP Semiconductors by 337.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,924 shares of the semiconductor provider's stock valued at $225,591,000 after purchasing an additional 724,951 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in NXP Semiconductors by 1,172.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider's stock valued at $115,396,000 after purchasing an additional 511,553 shares during the last quarter. Finally, Southpoint Capital Advisors LP acquired a new position in NXP Semiconductors during the third quarter valued at approximately $48,002,000. 90.54% of the stock is owned by institutional investors and hedge funds.

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NXP Semiconductors Price Performance

NXP Semiconductors stock traded down $3.43 during mid-day trading on Thursday, reaching $201.02. 1,792,029 shares of the company were exchanged, compared to its average volume of 2,311,183. The company has a fifty day simple moving average of $216.00 and a 200-day simple moving average of $224.99. NXP Semiconductors has a 12 month low of $198.21 and a 12 month high of $296.08. 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 firm has a market cap of $50.98 billion, a PE ratio of 20.66, a PEG ratio of 3.01 and a beta of 1.47.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th will be paid a dividend of $1.014 per share. The ex-dividend date is Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a yield of 2.02%. NXP Semiconductors's dividend payout ratio (DPR) is presently 41.62%.

Wall Street Analysts Forecast Growth

NXPI has been the subject of a number of recent analyst reports. Mizuho raised their price objective on NXP Semiconductors from $240.00 to $255.00 and gave the company an "outperform" rating in a research report on Thursday, February 20th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $250.00 price objective on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Morgan Stanley raised NXP Semiconductors from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $231.00 to $257.00 in a research report on Wednesday, February 12th. Truist Financial raised their price objective on NXP Semiconductors from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Tuesday, February 18th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.com, NXP Semiconductors has a consensus rating of "Moderate Buy" and a consensus target price 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.