Signaturefd LLC Sells 90 Shares of NXP Semiconductors (NASDAQ:NXPI)

Signaturefd LLC lowered its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 1.8% 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 4,910 shares of the semiconductor provider’s stock after selling 90 shares during the quarter. Signaturefd LLC’s holdings in NXP Semiconductors were worth $1,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC increased its stake in NXP Semiconductors by 2.8% during the 3rd quarter. International Assets Investment Management LLC now owns 2,440 shares of the semiconductor provider’s stock valued at $480,000 after purchasing an additional 67 shares in the last quarter. CWM LLC grew its holdings in NXP Semiconductors by 14.3% in the third quarter. CWM LLC now owns 4,181 shares of the semiconductor provider’s stock valued at $836,000 after purchasing an additional 523 shares during the period. Geneos Wealth Management Inc. increased its holdings in NXP Semiconductors by 1,235.3% in the 3rd quarter. Geneos Wealth Management Inc. now owns 227 shares of the semiconductor provider’s stock worth $45,000 after acquiring an additional 210 shares in the last quarter. IFP Advisors Inc raised its position in NXP Semiconductors by 34.0% during the third quarter. IFP Advisors Inc now owns 1,245 shares of the semiconductor provider’s stock worth $249,000 after acquiring an additional 316 shares during the period. Finally, HB Wealth Management LLC lifted its holdings in NXP Semiconductors by 22.6% during the third quarter. HB Wealth Management LLC now owns 2,616 shares of the semiconductor provider’s stock valued at $523,000 after purchasing an additional 483 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of NXP Semiconductors from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. Barclays raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $200.00 to $260.00 in a report on Tuesday, January 16th. Wolfe Research raised NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price target on the stock in a research note on Thursday, January 18th. Susquehanna increased their price objective on NXP Semiconductors from $200.00 to $225.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Finally, Oppenheimer lifted their target price on shares of NXP Semiconductors from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus target price of $242.29.

NXP Semiconductors Price Performance

NXPI stock opened at $218.66 on Tuesday. The business’s fifty day moving average price is $241.03 and its 200 day moving average price is $218.99. NXP Semiconductors has a 12-month low of $155.31 and a 12-month high of $264.26. The company has a current ratio of 1.91, a quick ratio of 1.39 and a debt-to-equity ratio of 1.14. The company has a market capitalization of $56.00 billion, a PE ratio of 20.42, a P/E/G ratio of 0.81 and a beta of 1.59.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.33 by $0.04. The business had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.40 billion. NXP Semiconductors had a net margin of 21.07% and a return on equity of 38.94%. On average, sell-side analysts anticipate that NXP Semiconductors will post 12.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were paid a $1.014 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 annualized dividend and a dividend yield of 1.85%. NXP Semiconductors’s dividend payout ratio (DPR) is 37.91%.

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.