Vontobel Holding Ltd. Sells 3,047 Shares of NXP Semiconductors (NASDAQ:NXPI)

Vontobel Holding Ltd. lessened its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 269,365 shares of the semiconductor provider's stock after selling 3,047 shares during the period. Vontobel Holding Ltd. owned about 0.11% of NXP Semiconductors worth $55,988,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in NXP Semiconductors by 387.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,294,340 shares of the semiconductor provider's stock valued at $550,665,000 after acquiring an additional 1,823,650 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of NXP Semiconductors by 67.2% in the 3rd quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider's stock valued at $718,680,000 after purchasing an additional 1,222,736 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of NXP Semiconductors by 337.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,924 shares of the semiconductor provider's stock worth $225,591,000 after buying an additional 724,951 shares during the period. International Assets Investment Management LLC increased its position in shares of NXP Semiconductors by 24,533.2% during the third quarter. International Assets Investment Management LLC now owns 514,341 shares of the semiconductor provider's stock worth $123,447,000 after buying an additional 512,253 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in NXP Semiconductors by 1,172.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider's stock worth $115,396,000 after buying an additional 511,553 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $219.59 on Friday. NXP Semiconductors has a 52 week low of $198.21 and a 52 week high of $296.08. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. The business has a 50 day moving average price of $213.00 and a 200-day moving average price of $228.62. The company has a market cap of $55.81 billion, a PE ratio of 22.57, a price-to-earnings-growth ratio of 2.64 and a beta of 1.46.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors's dividend payout ratio (DPR) is presently 41.73%.

Wall Street Analysts Forecast Growth

NXPI has been the subject of a number of recent analyst reports. UBS Group decreased their price target on NXP Semiconductors from $285.00 to $275.00 and set a "buy" rating for the company in a report on Wednesday, November 6th. Susquehanna decreased their target price on NXP Semiconductors from $235.00 to $225.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Needham & Company LLC dropped their price target on NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. TD Cowen cut their price target on NXP Semiconductors from $300.00 to $285.00 and set a "buy" rating on the stock in a report on Friday, November 8th. 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 note on Wednesday, February 5th. Five equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, NXP Semiconductors has an average rating of "Moderate Buy" and an average price target of $264.45.

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.

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