World Investment Advisors boosted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 10.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,795 shares of the semiconductor provider's stock after buying an additional 2,886 shares during the quarter. World Investment Advisors' holdings in NXP Semiconductors were worth $6,609,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of NXPI. Merit Financial Group LLC purchased a new position in shares of NXP Semiconductors in the 4th quarter worth approximately $360,000. Strategic Financial Concepts LLC purchased a new position in NXP Semiconductors in the fourth quarter worth $46,000. Austin Private Wealth LLC grew its holdings in NXP Semiconductors by 140.6% in the fourth quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider's stock worth $665,000 after purchasing an additional 1,869 shares during the last quarter. Asset Management One Co. Ltd. lifted its holdings in shares of NXP Semiconductors by 2.7% during the 4th quarter. Asset Management One Co. Ltd. now owns 98,558 shares of the semiconductor provider's stock valued at $21,068,000 after purchasing an additional 2,609 shares during the last quarter. Finally, Czech National Bank boosted its position in shares of NXP Semiconductors by 6.2% in the 4th quarter. Czech National Bank now owns 55,107 shares of the semiconductor provider's stock worth $11,454,000 after purchasing an additional 3,216 shares in the last quarter. Institutional investors own 90.54% of the company's stock.
Insider Transactions at NXP Semiconductors
In other 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 transaction of $204,860.00. Following the completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.11% of the company's stock.
Analysts Set New Price Targets
NXPI has been the topic of several recent analyst reports. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $250.00 target price on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Susquehanna lowered their target price on shares of 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 cut their price target on shares of NXP Semiconductors from $250.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. Arete Research upgraded shares of NXP Semiconductors to a "strong-buy" rating in a research note on Tuesday, March 25th. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of NXP Semiconductors in a report on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $267.00.
Check Out Our Latest Report on NXPI
NXP Semiconductors Price Performance
Shares of NXP Semiconductors stock traded up $32.37 on Wednesday, hitting $185.87. The company's stock had a trading volume of 8,780,406 shares, compared to its average volume of 2,536,406. The company has a market capitalization of $47.14 billion, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 3.01 and a beta of 1.40. NXP Semiconductors has a 1 year low of $148.09 and a 1 year high of $296.08. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. The firm has a fifty day moving average price of $206.82 and a 200-day moving average price of $218.13.
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 2.18%. The ex-dividend date of this dividend is Wednesday, March 19th. NXP Semiconductors's payout ratio is 41.62%.
NXP Semiconductors Company Profile
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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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