Savant Capital LLC Has $354,000 Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Savant Capital LLC cut its position in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 55.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,704 shares of the semiconductor provider's stock after selling 2,162 shares during the period. Savant Capital LLC's holdings in NXP Semiconductors were worth $354,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. ORG Wealth Partners LLC raised its holdings in NXP Semiconductors by 915.4% in the fourth 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 period. Sound Income Strategies LLC raised its holdings 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. FSA Wealth Management LLC bought a new stake in shares of NXP Semiconductors during the third quarter worth $33,000. Brooklyn Investment Group increased its position in shares of NXP Semiconductors by 69.5% during the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock worth $33,000 after acquiring an additional 66 shares in the last quarter. Finally, Fortitude Family Office LLC increased its position in shares of NXP Semiconductors by 52.4% during the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider's stock worth $45,000 after acquiring an additional 75 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NXPI. StockNews.com downgraded shares of NXP Semiconductors from a "buy" rating to a "hold" rating in a research report on Wednesday, January 29th. UBS Group lowered their price objective on shares of NXP Semiconductors from $285.00 to $275.00 and set a "buy" rating for the company in a research report on Wednesday, November 6th. Oppenheimer lowered their price objective on shares of NXP Semiconductors from $330.00 to $300.00 and set an "outperform" rating for the company in a research report on Wednesday, November 6th. Barclays lowered their price objective on shares of NXP Semiconductors from $280.00 to $230.00 and set an "overweight" rating for the company in a research report on Friday, January 17th. Finally, Stifel Nicolaus lowered their price objective on shares of NXP Semiconductors from $231.00 to $210.00 and set a "hold" rating for the company in a research report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat, NXP Semiconductors presently has a consensus rating of "Moderate Buy" and an average target price of $267.00.

NXP Semiconductors Stock Performance

Shares of NXPI traded down $9.34 during midday trading on Friday, reaching $236.52. The stock had a trading volume of 5,304,408 shares, compared to its average volume of 2,894,500. The firm has a 50 day simple moving average of $214.86 and a 200-day simple moving average of $227.99. NXP Semiconductors has a one year low of $198.21 and a one year high of $296.08. The firm has a market cap of $60.11 billion, a PE ratio of 24.31, a P/E/G ratio of 3.01 and a beta of 1.46. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09.

NXP Semiconductors Company 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.