NXP Semiconductors (NASDAQ:NXPI) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. boosted its stake in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,322,338 shares of the semiconductor provider's stock after buying an additional 99,667 shares during the period. Vanguard Group Inc. owned 5.24% of NXP Semiconductors worth $2,769,048,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Wealth Partners LLC boosted its position in NXP Semiconductors by 915.4% during the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider's stock valued at $27,000 after purchasing an additional 119 shares in the last quarter. Sound Income Strategies LLC grew its position in shares of NXP Semiconductors by 169.2% in the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider's stock worth $29,000 after buying an additional 88 shares during the last quarter. Smithfield Trust Co bought a new position in shares of NXP Semiconductors during the 4th quarter worth approximately $32,000. Runnymede Capital Advisors Inc. purchased a new stake in NXP Semiconductors during the fourth quarter valued at approximately $32,000. Finally, FSA Wealth Management LLC acquired a new stake in NXP Semiconductors in the third quarter valued at approximately $33,000. Institutional investors own 90.54% of the company's stock.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the business's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the transaction, the chief operating officer now directly owns 8,828 shares in the company, valued at $1,808,504.08. The trade was a 10.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.11% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on NXPI shares. Susquehanna reduced their price target on NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 5th. Needham & Company LLC reduced their target price on NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. Stifel Nicolaus lowered their price target on NXP Semiconductors from $231.00 to $210.00 and set a "hold" rating for the company in a report on Wednesday, February 5th. Barclays cut their price objective on shares of NXP Semiconductors from $280.00 to $230.00 and set an "overweight" rating on the stock in a report on Friday, January 17th. Finally, Arete Research upgraded shares of NXP Semiconductors to a "strong-buy" rating in a research note on Tuesday. Four research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, NXP Semiconductors currently has an average rating of "Moderate Buy" and an average price target of $267.00.

NXP Semiconductors Stock Performance

Shares of NXPI traded down $10.07 during trading hours on Friday, hitting $189.99. The stock had a trading volume of 4,260,658 shares, compared to its average volume of 2,423,696. The firm has a 50-day moving average price of $214.68 and a 200 day moving average price of $221.99. NXP Semiconductors has a fifty-two week low of $188.85 and a fifty-two week high of $296.08. The firm has a market capitalization of $48.19 billion, a price-to-earnings ratio of 19.53, a PEG ratio of 3.01 and a beta of 1.47. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th will be paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Wednesday, March 19th. NXP Semiconductors's payout ratio is 41.62%.

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.