NXP Semiconductors (NASDAQ:NXPI) Shares Purchased by Vantage Investment Partners LLC

Vantage Investment Partners LLC lifted its position in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 6.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,017 shares of the semiconductor provider's stock after purchasing an additional 1,972 shares during the quarter. Vantage Investment Partners LLC's holdings in NXP Semiconductors were worth $6,447,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. GDS Wealth Management grew its holdings in NXP Semiconductors by 7.7% in the 3rd quarter. GDS Wealth Management now owns 55,740 shares of the semiconductor provider's stock worth $13,378,000 after acquiring an additional 3,985 shares during the last quarter. HITE Hedge Asset Management LLC bought a new stake in shares of NXP Semiconductors in the third quarter worth about $13,445,000. Merit Financial Group LLC purchased a new position in NXP Semiconductors during the 4th quarter valued at about $360,000. Banque Cantonale Vaudoise increased its holdings in NXP Semiconductors by 60.2% during the 3rd quarter. Banque Cantonale Vaudoise now owns 25,850 shares of the semiconductor provider's stock valued at $6,204,000 after purchasing an additional 9,710 shares during the period. Finally, Principal Financial Group Inc. raised its position in NXP Semiconductors by 1.9% during the 3rd quarter. Principal Financial Group Inc. now owns 303,895 shares of the semiconductor provider's stock valued at $72,938,000 after purchasing an additional 5,722 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Susquehanna cut their price target on shares of NXP Semiconductors from $250.00 to $235.00 and set a "neutral" rating on the stock in a report on Wednesday, January 22nd. Loop Capital assumed coverage on shares of NXP Semiconductors in a research note on Monday, November 11th. They set a "buy" rating and a $300.00 target price on the stock. Stifel Nicolaus reduced their price target on shares of NXP Semiconductors from $275.00 to $260.00 and set a "hold" rating on the stock in a research report on Thursday, October 17th. Needham & Company LLC lowered their price objective on shares of NXP Semiconductors from $300.00 to $250.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $270.00 price objective on shares of NXP Semiconductors in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $270.85.

NXP Semiconductors Stock Performance

Shares of NASDAQ:NXPI traded down $1.65 during trading on Tuesday, hitting $213.43. 2,439,754 shares of the stock traded hands, compared to its average volume of 2,326,606. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99. The company has a fifty day moving average price of $216.68 and a two-hundred day moving average price of $233.35. NXP Semiconductors has a 52-week low of $202.25 and a 52-week high of $296.08. The company has a market cap of $54.24 billion, a price-to-earnings ratio of 20.37, a P/E/G ratio of 3.25 and a beta of 1.47.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating analysts' consensus estimates of $3.43 by $0.02. The business had revenue of $3.25 billion during the quarter, compared to analysts' expectations of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The business's revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the business earned $3.31 earnings per share. As a group, equities analysts predict that NXP Semiconductors will post 11.33 EPS for the current year.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a yield of 1.90%. NXP Semiconductors's payout ratio is presently 38.65%.

About NXP Semiconductors

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.