Mizuho Securities USA LLC Acquires 7,570 Shares of NXP Semiconductors (NASDAQ:NXPI)

Mizuho Securities USA LLC grew its holdings in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 45.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,088 shares of the semiconductor provider's stock after buying an additional 7,570 shares during the quarter. Mizuho Securities USA LLC's holdings in NXP Semiconductors were worth $5,007,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. ORG Wealth Partners LLC increased 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 worth $27,000 after purchasing an additional 119 shares during the last quarter. Sound Income Strategies LLC increased its holdings 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 acquiring an additional 88 shares during the last quarter. Smithfield Trust Co bought a new position in shares of NXP Semiconductors in the fourth quarter valued at about $32,000. FSA Wealth Management LLC bought a new stake in shares of NXP Semiconductors during the 3rd quarter worth about $33,000. Finally, Brooklyn Investment Group raised its holdings in NXP Semiconductors by 69.5% in the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock valued at $33,000 after acquiring an additional 66 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

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NXP Semiconductors Stock Performance

NXP Semiconductors stock traded down $5.69 during mid-day trading on Thursday, reaching $200.06. The company's stock had a trading volume of 2,877,303 shares, compared to its average volume of 2,298,409. The company has a market capitalization of $50.74 billion, a P/E ratio of 20.56, a PEG ratio of 3.01 and a beta of 1.47. The firm's fifty day moving average price is $215.40 and its two-hundred day moving average price is $222.45. NXP Semiconductors has a 12-month low of $196.95 and a 12-month high of $296.08. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36.

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th will be given a dividend of $1.014 per share. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a yield of 2.03%. NXP Semiconductors's payout ratio is 41.62%.

Insiders Place Their Bets

In other news, COO Andrew Micallef sold 1,000 shares of the business's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the completion of the sale, the chief operating officer now directly 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.11% of the company's stock.

Wall Street Analysts Forecast Growth

NXPI has been the subject of several research reports. Stifel Nicolaus dropped their price target on NXP Semiconductors from $231.00 to $210.00 and set a "hold" rating for the company in a report on Wednesday, February 5th. StockNews.com cut shares of NXP Semiconductors from a "buy" rating to a "hold" rating in a research note on Wednesday, January 29th. Truist Financial lifted their price target on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a "buy" rating in a research report on Tuesday, February 18th. Susquehanna decreased their price target on NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 5th. Finally, Morgan Stanley raised shares of NXP Semiconductors from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $231.00 to $257.00 in a research note on Wednesday, February 12th. Four investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to MarketBeat.com, NXP Semiconductors has a consensus rating of "Moderate Buy" and a consensus target price 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.