Lindbrook Capital LLC Has $113,000 Position in NXP Semiconductors (NASDAQ:NXPI)

Lindbrook Capital LLC lifted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 41.9% during the fourth quarter, HoldingsChannel reports. The firm owned 491 shares of the semiconductor provider’s stock after acquiring an additional 145 shares during the quarter. Lindbrook Capital LLC’s holdings in NXP Semiconductors were worth $113,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of NXPI. Operose Advisors LLC acquired a new stake in shares of NXP Semiconductors during the third quarter worth about $26,000. BluePath Capital Management LLC acquired a new stake in NXP Semiconductors in the 3rd quarter valued at approximately $28,000. Valley National Advisers Inc. raised its position in NXP Semiconductors by 98.6% in the 4th quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock valued at $31,000 after buying an additional 68 shares during the last quarter. Paradigm Asset Management Co. LLC raised its position in NXP Semiconductors by 100.0% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 200 shares of the semiconductor provider’s stock valued at $40,000 after buying an additional 100 shares during the last quarter. Finally, Atticus Wealth Management LLC raised its position in NXP Semiconductors by 358.7% in the 3rd quarter. Atticus Wealth Management LLC now owns 211 shares of the semiconductor provider’s stock valued at $42,000 after buying an additional 165 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $225.61 on Wednesday. The stock has a market capitalization of $57.78 billion, a PE ratio of 21.07, a P/E/G ratio of 0.82 and a beta of 1.59. 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 business has a fifty day moving average price of $240.90 and a two-hundred day moving average price of $219.18. NXP Semiconductors has a fifty-two week low of $155.31 and a fifty-two week high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 EPS for the quarter, topping analysts’ consensus estimates of $3.33 by $0.04. NXP Semiconductors had a return on equity of 38.94% and a net margin of 21.07%. The company had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.40 billion. As a group, equities analysts predict that NXP Semiconductors will post 12.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were issued a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.80%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 37.91%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on NXPI shares. Truist Financial lifted their target price on NXP Semiconductors from $264.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. JPMorgan Chase & Co. raised their price target on NXP Semiconductors from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Oppenheimer raised their price target on NXP Semiconductors from $220.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, February 1st. StockNews.com upgraded NXP Semiconductors from a “hold” rating to a “buy” rating in a research note on Tuesday, April 16th. Finally, Mizuho raised their price target on NXP Semiconductors from $220.00 to $225.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average 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.