Schroder Investment Management Group Sells 12,603 Shares of NXP Semiconductors (NASDAQ:NXPI)

Schroder Investment Management Group lessened its holdings in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 5.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 208,795 shares of the semiconductor provider's stock after selling 12,603 shares during the period. Schroder Investment Management Group owned 0.08% of NXP Semiconductors worth $43,319,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ORG Wealth Partners LLC raised its position in 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 purchasing an additional 119 shares during the last quarter. Sound Income Strategies LLC raised its position in shares of NXP Semiconductors by 169.2% during the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock worth $29,000 after acquiring an additional 88 shares during the last quarter. Smithfield Trust Co acquired a new position in shares of NXP Semiconductors during the fourth quarter valued at $32,000. Runnymede Capital Advisors Inc. bought a new position in NXP Semiconductors in the fourth quarter valued at about $32,000. Finally, Brooklyn Investment Group increased its position in NXP Semiconductors by 69.5% in the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider's stock worth $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.

NXP Semiconductors Stock Down 6.4 %

Shares of NXPI stock traded down $11.07 during trading hours on Friday, hitting $160.81. 6,448,979 shares of the company were exchanged, compared to its average volume of 2,476,330. NXP Semiconductors has a 52 week low of $155.87 and a 52 week high of $296.08. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The business has a 50 day moving average of $211.21 and a two-hundred day moving average of $220.22. The company has a market capitalization of $40.78 billion, a PE ratio of 16.53, a PEG ratio of 3.01 and a beta of 1.40.

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NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th will be given a dividend of $1.014 per share. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $4.06 annualized dividend and a dividend yield of 2.52%. NXP Semiconductors's dividend payout ratio is currently 41.62%.

Insider Buying and Selling

In other news, COO Andrew Micallef sold 1,000 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the sale, the chief operating officer now owns 8,828 shares of the company's stock, valued at $1,808,504.08. The trade was a 10.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.11% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on NXPI shares. Barclays cut their target price on shares of NXP Semiconductors from $280.00 to $230.00 and set an "overweight" rating on the stock in a research report on Friday, January 17th. Stifel Nicolaus reduced their price objective on shares of NXP Semiconductors from $231.00 to $210.00 and set a "hold" rating on the stock in a research note on Wednesday, February 5th. Arete Research raised shares of NXP Semiconductors to a "strong-buy" rating in a report on Tuesday, March 25th. The Goldman Sachs Group reissued a "buy" rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $250.00 price objective on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Four equities 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. According to MarketBeat, NXP Semiconductors currently has a consensus rating of "Moderate Buy" and an average price target of $267.00.

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.