Aveo Capital Partners LLC Grows Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Aveo Capital Partners LLC increased its position in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 109.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,233 shares of the semiconductor provider's stock after purchasing an additional 1,689 shares during the period. Aveo Capital Partners LLC's holdings in NXP Semiconductors were worth $672,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in NXPI. Crumly & Associates Inc. boosted its stake in shares of NXP Semiconductors by 2.0% during the third quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider's stock worth $546,000 after buying an additional 45 shares during the period. Sterling Investment Counsel LLC lifted its position in NXP Semiconductors by 5.7% during the 3rd quarter. Sterling Investment Counsel LLC now owns 850 shares of the semiconductor provider's stock worth $204,000 after acquiring an additional 46 shares during the period. Ascent Group LLC grew its stake in shares of NXP Semiconductors by 0.4% in the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider's stock valued at $3,000,000 after purchasing an additional 46 shares during the last quarter. Central Bank & Trust Co. increased its holdings in shares of NXP Semiconductors by 1.1% in the fourth quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider's stock valued at $917,000 after purchasing an additional 48 shares during the period. Finally, Patrick M Sweeney & Associates Inc. raised its stake in shares of NXP Semiconductors by 6.4% during the third quarter. Patrick M Sweeney & Associates Inc. now owns 864 shares of the semiconductor provider's stock worth $207,000 after purchasing an additional 52 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NXPI. JPMorgan Chase & Co. lowered their price objective 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. Cantor Fitzgerald reissued an "overweight" rating and set a $250.00 price target on shares of NXP Semiconductors in a report on Tuesday, February 4th. Evercore ISI lowered their price objective on NXP Semiconductors from $370.00 to $315.00 and set an "outperform" rating on the stock in a report on Wednesday, November 6th. The Goldman Sachs Group raised NXP Semiconductors from a "neutral" rating to a "buy" rating and cut their target price for the stock from $260.00 to $257.00 in a research note on Friday, January 10th. Finally, Citigroup upgraded NXP Semiconductors from a "sell" rating to a "neutral" rating and lifted their price target for the company from $200.00 to $210.00 in a research note on Wednesday, February 5th. Five analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, NXP Semiconductors currently has an average rating of "Moderate Buy" and a consensus target price of $264.75.

NXP Semiconductors Price Performance

NXP Semiconductors stock traded up $16.72 during mid-day trading on Wednesday, hitting $245.58. 5,331,943 shares of the company were exchanged, compared to its average volume of 2,773,483. 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 12-month low of $198.21 and a 12-month high of $296.08. The business's 50 day simple moving average is $213.39 and its two-hundred day simple moving average is $227.73. The company has a market capitalization of $62.42 billion, a P/E ratio of 25.24, a PEG ratio of 2.75 and a beta of 1.46.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a $1.014 dividend. The ex-dividend date was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a yield of 1.65%. NXP Semiconductors's dividend payout ratio (DPR) is 41.73%.

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.