BSW Wealth Partners Has $251,000 Holdings in NXP Semiconductors (NASDAQ:NXPI)

BSW Wealth Partners lowered its position in NXP Semiconductors (NASDAQ:NXPI) by 22.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,045 shares of the semiconductor provider’s stock after selling 307 shares during the period. BSW Wealth Partners’ holdings in NXP Semiconductors were worth $251,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of NXPI. Bessemer Group Inc. grew its stake in shares of NXP Semiconductors by 4,525.6% during the first quarter. Bessemer Group Inc. now owns 356,774 shares of the semiconductor provider’s stock valued at $88,399,000 after purchasing an additional 349,061 shares during the last quarter. M&G Plc acquired a new stake in NXP Semiconductors in the 1st quarter worth about $65,830,000. QRG Capital Management Inc. grew its stake in NXP Semiconductors by 34.1% during the first quarter. QRG Capital Management Inc. now owns 1,716 shares of the semiconductor provider’s stock worth $425,000 after buying an additional 436 shares in the last quarter. Mather Group LLC. lifted its position in shares of NXP Semiconductors by 23.3% during the 2nd quarter. Mather Group LLC. now owns 566 shares of the semiconductor provider’s stock worth $140,000 after buying an additional 107 shares during the last quarter. Finally, Mackenzie Financial Corp increased its holdings in NXP Semiconductors by 21.1% in the 2nd quarter. Mackenzie Financial Corp now owns 154,293 shares of the semiconductor provider’s stock worth $41,519,000 after purchasing an additional 26,851 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Up 1.7 %

Shares of NXPI opened at $238.59 on Monday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.52 and a current ratio of 2.21. The stock has a market capitalization of $60.78 billion, a PE ratio of 22.30, a P/E/G ratio of 2.54 and a beta of 1.49. The company’s 50-day simple moving average is $237.56 and its 200-day simple moving average is $253.15. NXP Semiconductors has a 1 year low of $173.31 and a 1 year high of $296.08.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Thursday, September 12th were issued a $1.014 dividend. The ex-dividend date was Thursday, September 12th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.70%. NXP Semiconductors’s payout ratio is 37.94%.

Insiders Place Their Bets

In related news, EVP Jennifer Wuamett sold 3,500 shares of the company’s stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $232.35, for a total value of $813,225.00. Following the completion of the sale, the executive vice president now owns 30,269 shares in the company, valued at $7,033,002.15. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.11% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NXPI shares. Stifel Nicolaus lowered their target price on NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating for the company in a report on Thursday, October 17th. TD Cowen dropped their price target on NXP Semiconductors from $330.00 to $310.00 and set a “buy” rating on the stock in a research report on Wednesday, July 24th. Needham & Company LLC increased their price target on shares of NXP Semiconductors from $280.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. Citic Securities assumed coverage on shares of NXP Semiconductors in a report on Friday, October 11th. They issued a $288.00 price target on the stock. Finally, Cantor Fitzgerald lowered their target price on NXP Semiconductors from $350.00 to $270.00 and set an “overweight” rating for the company in a research note on Tuesday, October 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $288.90.

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.