NXP Semiconductors (NASDAQ:NXPI) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC decreased its position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 12.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,231 shares of the semiconductor provider's stock after selling 3,022 shares during the period. O Shaughnessy Asset Management LLC's holdings in NXP Semiconductors were worth $4,621,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Captrust Financial Advisors boosted its holdings in NXP Semiconductors by 1.4% during the 3rd quarter. Captrust Financial Advisors now owns 19,014 shares of the semiconductor provider's stock valued at $4,564,000 after acquiring an additional 266 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of NXP Semiconductors during the third quarter valued at $202,000. Hilltop Holdings Inc. grew its holdings in shares of NXP Semiconductors by 218.8% in the third quarter. Hilltop Holdings Inc. now owns 3,497 shares of the semiconductor provider's stock worth $839,000 after purchasing an additional 2,400 shares during the last quarter. HighTower Advisors LLC lifted its holdings in NXP Semiconductors by 27.5% during the 3rd quarter. HighTower Advisors LLC now owns 192,684 shares of the semiconductor provider's stock valued at $46,217,000 after buying an additional 41,603 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in NXP Semiconductors by 3.1% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 8,819 shares of the semiconductor provider's stock valued at $2,117,000 after buying an additional 265 shares during the period. Hedge funds and other institutional investors own 90.54% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms have commented on NXPI. StockNews.com downgraded NXP Semiconductors from a "buy" rating to a "hold" rating in a report on Wednesday, January 29th. Mizuho raised their price target on NXP Semiconductors from $240.00 to $255.00 and gave the company an "outperform" rating in a research note on Thursday, February 20th. JPMorgan Chase & Co. lowered their price objective on shares of NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. The Goldman Sachs Group reissued a "buy" rating on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $250.00 price objective on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $267.00.

Insider Buying and Selling

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the company's stock in a transaction dated 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 transaction, the chief operating officer now owns 8,828 shares in the company, valued at approximately $1,808,504.08. This represents a 10.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.11% of the stock is currently owned by insiders.

NXP Semiconductors Stock Performance

NXPI stock traded up $2.48 during trading on Monday, hitting $163.29. 6,562,751 shares of the company traded hands, compared to its average volume of 2,492,617. NXP Semiconductors has a 1 year low of $152.37 and a 1 year high of $296.08. The company has a market cap of $41.41 billion, a PE ratio of 16.78, a P/E/G ratio of 3.01 and a beta of 1.40. The stock's 50-day simple moving average is $210.18 and its 200 day simple moving average is $219.69. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th will be paid a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 2.48%. The ex-dividend date is Wednesday, March 19th. NXP Semiconductors's dividend payout ratio is currently 41.62%.

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.