Global Financial Private Client LLC Has $31,000 Holdings in NXP Semiconductors (NASDAQ:NXPI)

Global Financial Private Client LLC decreased its position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 94.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 148 shares of the semiconductor provider's stock after selling 2,447 shares during the quarter. Global Financial Private Client LLC's holdings in NXP Semiconductors were worth $31,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC raised its position in shares of NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock valued at $27,000 after acquiring an additional 119 shares during the last quarter. FSA Wealth Management LLC bought a new stake in shares of NXP Semiconductors during the 3rd quarter valued at $33,000. Fortitude Family Office LLC raised its position in shares of NXP Semiconductors by 52.4% during the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider's stock valued at $45,000 after acquiring an additional 75 shares during the last quarter. Avior Wealth Management LLC increased its position in shares of NXP Semiconductors by 182.1% in the 3rd quarter. Avior Wealth Management LLC now owns 220 shares of the semiconductor provider's stock valued at $53,000 after buying an additional 142 shares in the last quarter. Finally, GHP Investment Advisors Inc. bought a new stake in shares of NXP Semiconductors in the 3rd quarter valued at $58,000. Institutional investors and hedge funds own 90.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Needham & Company LLC lowered their price objective on shares of NXP Semiconductors from $300.00 to $250.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. TD Cowen lowered their price objective on shares of NXP Semiconductors from $300.00 to $285.00 and set a "buy" rating for the company in a research report on Friday, November 8th. Oppenheimer lowered their price objective on shares of NXP Semiconductors from $330.00 to $300.00 and set an "outperform" rating for the company in a research report on Wednesday, November 6th. Truist Financial lowered their price objective on shares of NXP Semiconductors from $287.00 to $252.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. Finally, Susquehanna lowered their target price on NXP Semiconductors from $260.00 to $250.00 and set a "neutral" rating for the company in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, NXP Semiconductors presently has an average rating of "Moderate Buy" and a consensus price target of $273.19.

NXP Semiconductors Stock Performance

NASDAQ:NXPI traded up $2.93 during mid-day trading on Wednesday, hitting $213.56. The stock had a trading volume of 3,143,204 shares, compared to its average volume of 2,124,128. NXP Semiconductors has a twelve month low of $201.58 and a twelve month high of $296.08. The stock has a market cap of $54.28 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 4.37 and a beta of 1.47. The company's 50 day simple moving average is $218.74 and its 200 day simple moving average is $237.09. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35.

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

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were paid a $1.014 dividend. The ex-dividend date was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.90%. NXP Semiconductors's dividend payout ratio (DPR) is currently 38.65%.

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.