Petros Family Wealth LLC bought a new stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,001 shares of the semiconductor provider's stock, valued at approximately $416,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Merit Financial Group LLC acquired a new stake in NXP Semiconductors in the fourth quarter worth $360,000. Strategic Financial Concepts LLC bought a new stake in shares of NXP Semiconductors in the fourth quarter worth about $46,000. Austin Private Wealth LLC raised its position in shares of NXP Semiconductors by 140.6% during the fourth quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider's stock worth $665,000 after purchasing an additional 1,869 shares during the period. Asset Management One Co. Ltd. lifted its holdings in shares of NXP Semiconductors by 2.7% during the 4th quarter. Asset Management One Co. Ltd. now owns 98,558 shares of the semiconductor provider's stock valued at $21,068,000 after purchasing an additional 2,609 shares in the last quarter. Finally, Czech National Bank grew its position in shares of NXP Semiconductors by 6.2% in the 4th quarter. Czech National Bank now owns 55,107 shares of the semiconductor provider's stock valued at $11,454,000 after purchasing an additional 3,216 shares during the period. 90.54% of the stock is owned by institutional investors.
Insider Transactions at NXP Semiconductors
In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the 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 transaction, the chief operating officer now owns 8,828 shares in the company, valued at $1,808,504.08. This trade represents a 10.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.11% of the stock is owned by corporate insiders.
NXP Semiconductors Stock Performance
Shares of NASDAQ NXPI traded up $1.09 during mid-day trading on Tuesday, reaching $171.63. 1,923,014 shares of the company were exchanged, compared to its average volume of 2,564,701. NXP Semiconductors has a twelve month low of $148.09 and a twelve month high of $296.08. The stock has a market capitalization of $43.53 billion, a P/E ratio of 17.64, a P/E/G ratio of 3.01 and a beta of 1.40. The company's 50-day simple moving average is $204.52 and its 200-day simple moving average is $216.51. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09.
NXP Semiconductors Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 2.36%. The ex-dividend date was Wednesday, March 19th. NXP Semiconductors's payout ratio is 41.62%.
Wall Street Analysts Forecast Growth
NXPI has been the topic of a number of research reports. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $250.00 price target on shares of NXP Semiconductors in a research note on Tuesday, February 4th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. JPMorgan Chase & Co. dropped their price target on NXP Semiconductors from $260.00 to $240.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 5th. StockNews.com downgraded NXP Semiconductors from a "buy" rating to a "hold" rating in a report on Wednesday, January 29th. Finally, Mizuho boosted their target price on NXP Semiconductors from $240.00 to $255.00 and gave the company an "outperform" rating in a research note on Thursday, February 20th. Four equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $263.50.
Read Our Latest Stock Analysis on NXPI
NXP Semiconductors Company Profile
(
Free Report)
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.
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