Foster & Motley Inc. Grows Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Foster & Motley Inc. raised its holdings in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 153.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,524 shares of the semiconductor provider's stock after acquiring an additional 1,527 shares during the quarter. Foster & Motley Inc.'s holdings in NXP Semiconductors were worth $525,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. ORG Wealth Partners LLC increased its holdings in NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock worth $27,000 after purchasing an additional 119 shares during the period. Sound Income Strategies LLC grew its position in shares of NXP Semiconductors by 169.2% during the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock worth $29,000 after buying an additional 88 shares in the last quarter. FSA Wealth Management LLC purchased a new position in shares of NXP Semiconductors during the third quarter valued at $33,000. Brooklyn Investment Group raised its holdings in shares of NXP Semiconductors by 69.5% in the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock valued at $33,000 after acquiring an additional 66 shares in the last quarter. Finally, Fortitude Family Office LLC lifted its stake in NXP Semiconductors by 52.4% in the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider's stock worth $45,000 after acquiring an additional 75 shares during the period. Hedge funds and other institutional investors own 90.54% of the company's stock.

NXP Semiconductors Price Performance

NASDAQ:NXPI traded down $4.23 during trading hours on Tuesday, reaching $200.50. 2,329,089 shares of the company were exchanged, compared to its average volume of 2,513,933. The firm has a market cap of $50.96 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 3.14 and a beta of 1.46. NXP Semiconductors has a twelve month low of $198.21 and a twelve month high of $296.08. The stock's 50-day moving average is $215.21 and its 200-day moving average is $230.83. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.43 by $0.02. The business had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The business's quarterly revenue was down 5.4% compared to the same quarter last year. During the same quarter last year, the business posted $3.31 earnings per share. On average, sell-side analysts anticipate that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors's payout ratio is currently 38.74%.

Analyst Ratings Changes

A number of research analysts have commented on NXPI shares. Stifel Nicolaus cut their target price on shares of NXP Semiconductors from $275.00 to $260.00 and set a "hold" rating on the stock in a research report on Thursday, October 17th. Oppenheimer lowered their target price on NXP Semiconductors from $330.00 to $300.00 and set an "outperform" rating for the company in a report on Wednesday, November 6th. Loop Capital assumed coverage on NXP Semiconductors in a report on Monday, November 11th. They issued a "buy" rating and a $300.00 price target on the stock. Wells Fargo & Company began coverage on NXP Semiconductors in a research note on Friday, November 22nd. They set an "overweight" rating and a $250.00 price objective for the company. Finally, Needham & Company LLC reduced their target price on shares of NXP Semiconductors from $300.00 to $250.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, NXP Semiconductors has a consensus rating of "Moderate Buy" and a consensus price target of $269.85.

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.