NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC lifted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 14.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 403,398 shares of the semiconductor provider's stock after buying an additional 50,845 shares during the period. NXP Semiconductors makes up about 1.7% of Ceredex Value Advisors LLC's investment portfolio, making the stock its 6th largest holding. Ceredex Value Advisors LLC owned about 0.16% of NXP Semiconductors worth $83,846,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in NXPI. ORG Wealth Partners LLC lifted its stake 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 acquiring an additional 119 shares during the period. Sound Income Strategies LLC lifted its position in NXP Semiconductors by 169.2% in the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock worth $29,000 after purchasing an additional 88 shares during the period. Smithfield Trust Co bought a new position in NXP Semiconductors during the 4th quarter valued at $32,000. Runnymede Capital Advisors Inc. bought a new position in NXP Semiconductors during the 4th quarter valued at $32,000. Finally, Brooklyn Investment Group increased its position in shares of NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock valued at $33,000 after purchasing an additional 66 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their target price on NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Needham & Company LLC reduced their price objective 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. Mizuho boosted their target price on shares of NXP Semiconductors from $240.00 to $255.00 and gave the stock an "outperform" rating in a report on Thursday, February 20th. Barclays cut their target price on shares of NXP Semiconductors from $280.00 to $230.00 and set an "overweight" rating for the company in a research note on Friday, January 17th. Finally, Arete Research upgraded shares of NXP Semiconductors to a "strong-buy" rating in a research report on Tuesday, March 25th. Four research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $261.50.

NXP Semiconductors Stock Up 1.3 %

Shares of NXPI stock traded up $2.15 during trading on Friday, hitting $170.74. 2,106,439 shares of the company were exchanged, compared to its average volume of 2,573,712. The business's 50-day simple moving average is $201.13 and its 200 day simple moving average is $214.97. NXP Semiconductors has a twelve month low of $148.09 and a twelve month high of $296.08. The firm has a market capitalization of $43.30 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 3.01 and a beta of 1.40. 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 business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th were paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date was Wednesday, March 19th. NXP Semiconductors's dividend payout ratio (DPR) is currently 41.62%.

Insider Transactions at NXP Semiconductors

In related news, COO Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction 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 completion of the sale, the chief operating officer now owns 8,828 shares of the company's stock, valued at approximately $1,808,504.08. This trade represents a 10.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.11% of the stock is currently owned by company insiders.

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.