NXP Semiconductors (NASDAQ:NXPI) Rating Lowered to Hold at StockNews.com

NXP Semiconductors (NASDAQ:NXPI) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

Other equities research analysts have also issued research reports about the company. Barclays upgraded NXP Semiconductors from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $200.00 to $260.00 in a research note on Tuesday, January 16th. Morgan Stanley lifted their target price on NXP Semiconductors from $221.00 to $224.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 7th. Wolfe Research raised NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 target price for the company in a report on Thursday, January 18th. Stifel Nicolaus lifted their target price on NXP Semiconductors from $190.00 to $210.00 and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Finally, Oppenheimer lifted their target price on NXP Semiconductors from $220.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, February 1st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $257.72.

NXP Semiconductors Price Performance

NXPI opened at $249.43 on Tuesday. NXP Semiconductors has a 1 year low of $161.23 and a 1 year high of $264.26. The firm has a market capitalization of $63.88 billion, a PE ratio of 23.03, a price-to-earnings-growth ratio of 0.94 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’s 50-day moving average is $242.28 and its two-hundred day moving average is $220.92.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.33 by $0.04. NXP Semiconductors had a return on equity of 38.32% and a net margin of 21.24%. The business had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.40 billion. Research analysts anticipate that NXP Semiconductors will post 12.21 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in NXPI. Norges Bank acquired a new position in shares of NXP Semiconductors during the 4th quarter worth approximately $762,077,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of NXP Semiconductors by 893.2% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,332,578 shares of the semiconductor provider’s stock worth $535,747,000 after buying an additional 2,097,727 shares during the period. Public Employees Retirement Association of Colorado acquired a new position in shares of NXP Semiconductors during the 4th quarter worth approximately $164,044,000. Kodai Capital Management LP acquired a new position in shares of NXP Semiconductors during the 4th quarter worth approximately $125,319,000. Finally, International Assets Investment Management LLC raised its stake in shares of NXP Semiconductors by 21,013.6% during the 4th quarter. International Assets Investment Management LLC now owns 515,172 shares of the semiconductor provider’s stock worth $118,325,000 after buying an additional 512,732 shares during the period. 90.54% of the stock is owned by institutional investors and hedge funds.

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.