Retireful LLC Makes New Investment in NXP Semiconductors (NASDAQ:NXPI)

Retireful LLC purchased a new stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,408 shares of the semiconductor provider's stock, valued at approximately $293,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NXPI. ORG Wealth Partners LLC grew its holdings in NXP Semiconductors by 915.4% during the fourth 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. FSA Wealth Management LLC purchased a new stake in NXP Semiconductors in the 3rd quarter worth approximately $33,000. Fortitude Family Office LLC grew its stake in shares of NXP Semiconductors by 52.4% during the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider's stock worth $45,000 after purchasing an additional 75 shares during the period. Avior Wealth Management LLC increased its holdings in shares of NXP Semiconductors by 182.1% during the 3rd quarter. Avior Wealth Management LLC now owns 220 shares of the semiconductor provider's stock valued at $53,000 after purchasing an additional 142 shares in the last quarter. Finally, GHP Investment Advisors Inc. purchased a new position in shares of NXP Semiconductors during the 3rd quarter valued at approximately $58,000. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Price Performance

Shares of NXPI stock traded up $4.60 during trading hours on Friday, reaching $215.36. The company had a trading volume of 1,921,230 shares, compared to its average volume of 2,060,986. NXP Semiconductors has a 12-month low of $202.25 and a 12-month high of $296.08. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35. The company has a market capitalization of $54.74 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 3.11 and a beta of 1.47. The stock has a fifty day moving average of $217.88 and a 200-day moving average of $236.74.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, beating 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 company had revenue of $3.25 billion during the quarter, compared to analysts' expectations of $3.25 billion. During the same period in the prior year, the business earned $3.31 EPS. The firm's quarterly revenue was down 5.4% on a year-over-year basis. On average, equities analysts anticipate that NXP Semiconductors will post 11.33 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors's dividend payout ratio (DPR) is presently 38.74%.

Wall Street Analysts Forecast Growth

NXPI has been the topic of a number of recent analyst reports. Mizuho set a $290.00 price target on shares of NXP Semiconductors in a report on Friday, October 18th. Morgan Stanley dropped their target price on NXP Semiconductors from $250.00 to $235.00 and set an "equal weight" rating on the stock in a research report on Wednesday, November 6th. Oppenheimer cut their price target on NXP Semiconductors from $330.00 to $300.00 and set an "outperform" rating for the company in a research note on Wednesday, November 6th. Wells Fargo & Company began coverage on NXP Semiconductors in a research report on Friday, November 22nd. They set an "overweight" rating and a $250.00 price target on the stock. Finally, Truist Financial cut their price objective on NXP Semiconductors from $287.00 to $252.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, NXP Semiconductors presently has a consensus rating of "Moderate Buy" and a consensus target price of $270.81.

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.