688 Shares in NXP Semiconductors (NASDAQ:NXPI) Purchased by GAMMA Investing LLC

GAMMA Investing LLC acquired a new position in shares of NXP Semiconductors (NASDAQ:NXPI) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 688 shares of the semiconductor provider’s stock, valued at approximately $145,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. IMPACTfolio LLC boosted its stake in NXP Semiconductors by 4.3% in the 4th quarter. IMPACTfolio LLC now owns 1,189 shares of the semiconductor provider’s stock worth $273,000 after buying an additional 49 shares during the last quarter. Financial Management Professionals Inc. boosted its stake in NXP Semiconductors by 4.3% in the 4th quarter. Financial Management Professionals Inc. now owns 1,220 shares of the semiconductor provider’s stock worth $280,000 after buying an additional 50 shares during the last quarter. Windsor Capital Management LLC boosted its stake in NXP Semiconductors by 1.8% in the 4th quarter. Windsor Capital Management LLC now owns 3,034 shares of the semiconductor provider’s stock worth $697,000 after buying an additional 55 shares during the last quarter. Central Bank & Trust Co. boosted its stake in NXP Semiconductors by 1.2% in the 4th quarter. Central Bank & Trust Co. now owns 4,533 shares of the semiconductor provider’s stock worth $1,041,000 after buying an additional 55 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in NXP Semiconductors by 5.0% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,240 shares of the semiconductor provider’s stock worth $248,000 after buying an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

NXPI stock opened at $242.70 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.91 and a debt-to-equity ratio of 1.14. NXP Semiconductors has a 52-week low of $155.31 and a 52-week high of $264.26. The stock’s 50 day moving average is $241.20 and its two-hundred day moving average is $219.86. The company has a market capitalization of $62.16 billion, a PE ratio of 22.66, a P/E/G ratio of 0.92 and a beta of 1.59.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data 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. 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 for the quarter, compared to the consensus estimate of $3.40 billion. Analysts predict that NXP Semiconductors will post 12.21 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were issued a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $4.06 annualized dividend and a yield of 1.67%. NXP Semiconductors’s dividend payout ratio is presently 37.91%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on NXPI shares. 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. TD Cowen lifted their price objective on NXP Semiconductors from $270.00 to $300.00 and gave the company an “outperform” rating in a research note on Tuesday, March 12th. Oppenheimer lifted their price objective on NXP Semiconductors from $220.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, February 1st. Susquehanna lifted 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, Barclays raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $200.00 to $260.00 in a research note on Tuesday, January 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, NXP Semiconductors presently has an average 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.