NXP Semiconductors (NASDAQ:NXPI) Shares Sold by My Legacy Advisors LLC

My Legacy Advisors LLC lowered its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 33.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,197 shares of the semiconductor provider's stock after selling 1,600 shares during the quarter. My Legacy Advisors LLC's holdings in NXP Semiconductors were worth $683,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. ORG Wealth Partners LLC increased its holdings in shares of NXP Semiconductors by 915.4% in the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock worth $27,000 after buying an additional 119 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in NXP Semiconductors during the 3rd quarter valued at $33,000. Brooklyn Investment Group boosted its stake in NXP Semiconductors by 69.5% during the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock worth $33,000 after buying an additional 66 shares during the period. Fortitude Family Office LLC increased its position in NXP Semiconductors by 52.4% during the fourth 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. Finally, Avior Wealth Management LLC lifted its holdings 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 worth $53,000 after acquiring an additional 142 shares during the last quarter. Institutional investors own 90.54% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on NXPI shares. The Goldman Sachs Group raised shares of NXP Semiconductors from a "neutral" rating to a "buy" rating and reduced their price objective for the stock from $260.00 to $257.00 in a research report on Friday, January 10th. Needham & Company LLC reduced their price target on NXP Semiconductors from $300.00 to $250.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. Stifel Nicolaus decreased their price target on NXP Semiconductors from $275.00 to $260.00 and set a "hold" rating for the company in a research note on Thursday, October 17th. Mizuho set a $290.00 target price on NXP Semiconductors in a research note on Friday, October 18th. Finally, Morgan Stanley decreased their target price on NXP Semiconductors from $250.00 to $235.00 and set an "equal weight" rating for the company in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat, NXP Semiconductors presently has a consensus rating of "Moderate Buy" and an average price target of $271.60.

NXP Semiconductors Stock Performance

NXP Semiconductors stock traded up $4.60 during mid-day trading on Monday, reaching $215.36. 1,921,230 shares of the company traded hands, compared to its average volume of 1,984,350. The company has a market capitalization of $54.74 billion, a price-to-earnings ratio of 20.55, a price-to-earnings-growth ratio of 3.11 and a beta of 1.47. The firm's fifty day moving average is $217.51 and its two-hundred day moving average is $235.89. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60. NXP Semiconductors has a fifty-two week low of $202.25 and a fifty-two week high of $296.08.

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

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors 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 annualized dividend and a dividend yield of 1.88%. NXP Semiconductors's dividend payout ratio is presently 38.74%.

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.