Stephens Inc. AR lowered its stake in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 42.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,375 shares of the semiconductor provider's stock after selling 8,348 shares during the quarter. Stephens Inc. AR's holdings in NXP Semiconductors were worth $2,364,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently added to or reduced their stakes in NXPI. CWM LLC boosted its position in NXP Semiconductors by 14.8% during the third quarter. CWM LLC now owns 5,044 shares of the semiconductor provider's stock valued at $1,211,000 after purchasing an additional 649 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in NXP Semiconductors by 2,095.6% in the third quarter. Exchange Traded Concepts LLC now owns 5,489 shares of the semiconductor provider's stock worth $1,317,000 after acquiring an additional 5,239 shares in the last quarter. Occidental Asset Management LLC boosted its holdings in NXP Semiconductors by 6.0% in the third quarter. Occidental Asset Management LLC now owns 7,396 shares of the semiconductor provider's stock worth $1,775,000 after acquiring an additional 417 shares in the last quarter. Zhang Financial LLC boosted its holdings in NXP Semiconductors by 19.6% in the third quarter. Zhang Financial LLC now owns 4,281 shares of the semiconductor provider's stock worth $1,028,000 after acquiring an additional 701 shares in the last quarter. Finally, Lockerman Financial Group Inc. boosted its holdings in NXP Semiconductors by 9.1% in the third quarter. Lockerman Financial Group Inc. now owns 1,200 shares of the semiconductor provider's stock worth $288,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 90.54% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have weighed in on NXPI shares. Mizuho set a $290.00 price target on NXP Semiconductors in a report on Friday, October 18th. Truist Financial lowered their price target on NXP Semiconductors from $287.00 to $252.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. Needham & Company LLC lowered their price target on NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating for the company in a report on Wednesday, February 5th. Wells Fargo & Company started coverage on NXP Semiconductors in a research note on Friday, November 22nd. They issued an "overweight" rating and a $250.00 price objective for the company. Finally, Stifel Nicolaus reduced their price objective on NXP Semiconductors from $231.00 to $210.00 and set a "hold" rating for the company in a research note on Wednesday, February 5th. Five research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $264.45.
Read Our Latest Report on NXPI
NXP Semiconductors Price Performance
Shares of NXP Semiconductors stock traded up $4.55 on Friday, reaching $224.14. The company's stock had a trading volume of 3,085,358 shares, compared to its average volume of 2,691,124. The company has a market capitalization of $56.97 billion, a P/E ratio of 23.04, a PEG ratio of 2.64 and a beta of 1.46. NXP Semiconductors has a 52-week low of $198.21 and a 52-week high of $296.08. The stock has a 50-day moving average price of $213.16 and a 200-day moving average price of $228.34. 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 Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were given a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors's dividend payout ratio (DPR) is presently 41.73%.
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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