NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Xponance Inc.

Xponance Inc. lifted its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 5.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,174 shares of the semiconductor provider's stock after purchasing an additional 1,316 shares during the period. Xponance Inc.'s holdings in NXP Semiconductors were worth $5,440,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp increased its position in shares of NXP Semiconductors by 1.3% in the 3rd 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 grew its stake in shares of NXP Semiconductors by 1.1% during 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 purchasing an additional 57,762 shares in the last quarter. Franklin Resources Inc. raised its stake in NXP Semiconductors by 2.1% in the third quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider's stock valued at $1,063,322,000 after buying an additional 93,129 shares in the last quarter. Van ECK Associates Corp lifted 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 worth $803,432,000 after buying an additional 824,317 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in NXP Semiconductors by 0.7% during the 3rd quarter. Janus Henderson Group PLC now owns 2,730,933 shares of the semiconductor provider's stock worth $655,453,000 after buying an additional 20,145 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

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NXP Semiconductors Stock Performance

NASDAQ:NXPI traded up $10.48 during midday trading on Monday, reaching $211.12. The stock had a trading volume of 2,742,954 shares, compared to its average volume of 2,288,081. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. The stock has a market cap of $53.54 billion, a P/E ratio of 21.70, a P/E/G ratio of 3.01 and a beta of 1.47. The firm has a fifty day simple moving average of $215.46 and a two-hundred day simple moving average of $222.86. NXP Semiconductors has a 12-month low of $196.95 and a 12-month high of $296.08.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th will be issued a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Wednesday, March 19th. NXP Semiconductors's payout ratio is 41.62%.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors 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 transaction, the chief operating officer now owns 8,828 shares in the company, valued at approximately $1,808,504.08. The trade was a 10.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.11% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on NXPI shares. Morgan Stanley raised NXP Semiconductors from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $231.00 to $257.00 in a research report on Wednesday, February 12th. The Goldman Sachs Group restated a "buy" rating on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $250.00 target price on shares of NXP Semiconductors in a research report 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 for the company in a research report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $267.00.

About NXP Semiconductors

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.