NXP Semiconductors (NASDAQ:NXPI) Stock Holdings Lessened by Signaturefd LLC

Signaturefd LLC cut its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The fund 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 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of NXPI. International Assets Investment Management LLC lifted its position in shares of NXP Semiconductors by 21,013.6% in the 4th quarter. International Assets Investment Management LLC now owns 515,172 shares of the semiconductor provider’s stock valued at $118,325,000 after acquiring an additional 512,732 shares in the last quarter. Bahl & Gaynor Inc. purchased a new stake in shares of NXP Semiconductors in the third quarter valued at $59,273,000. Northern Trust Corp boosted its position in NXP Semiconductors by 10.9% during the 3rd quarter. Northern Trust Corp now owns 2,154,213 shares of the semiconductor provider’s stock worth $430,670,000 after acquiring an additional 211,927 shares during the period. Toronto Dominion Bank purchased a new position in NXP Semiconductors during the 3rd quarter valued at about $41,270,000. Finally, Envestnet Asset Management Inc. grew its stake in NXP Semiconductors by 42.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 515,625 shares of the semiconductor provider’s stock valued at $103,084,000 after acquiring an additional 152,873 shares in the last quarter. 90.54% of the stock is owned by institutional investors.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock opened at $218.66 on Tuesday. The firm has a fifty day moving average price of $241.03 and a two-hundred day moving average price of $218.99. NXP Semiconductors has a fifty-two week low of $155.31 and a fifty-two week high of $264.26. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.91 and a quick ratio of 1.39. The company has a market cap of $56.00 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 0.81 and a beta of 1.59.

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

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Thursday, March 21st were paid a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.85%. NXP Semiconductors’s payout ratio is 37.91%.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Evercore ISI started coverage on shares of NXP Semiconductors in a report on Tuesday, April 16th. They set an “outperform” rating and a $300.00 price target for the company. Oppenheimer lifted their target price on shares of NXP Semiconductors from $220.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, February 1st. Mizuho upped their price target on shares of NXP Semiconductors from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 7th. Cantor Fitzgerald lifted their price objective on NXP Semiconductors from $270.00 to $290.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Finally, JPMorgan Chase & Co. raised their price target on NXP Semiconductors from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $242.29.

NXP Semiconductors 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.