Foundations Investment Advisors LLC Takes Position in NXP Semiconductors (NASDAQ:NXPI)

Foundations Investment Advisors LLC acquired a new position in NXP Semiconductors (NASDAQ:NXPIFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,755 shares of the semiconductor provider’s stock, valued at approximately $374,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Operose Advisors LLC purchased a new stake in NXP Semiconductors during the third quarter valued at approximately $26,000. Valley National Advisers Inc. increased its holdings in NXP Semiconductors by 98.6% during the fourth 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. Atticus Wealth Management LLC increased its holdings in NXP Semiconductors by 358.7% during the third 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. Avalon Trust Co purchased a new stake in NXP Semiconductors during the fourth quarter valued at approximately $42,000. Finally, Valued Wealth Advisors LLC purchased a new stake in NXP Semiconductors during the fourth quarter valued at approximately $54,000. 90.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on NXPI shares. Mizuho upped their target price on shares of NXP Semiconductors from $225.00 to $265.00 and gave the company a “neutral” rating in a report on Wednesday, May 1st. Evercore ISI upped their price target on shares of NXP Semiconductors from $300.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. StockNews.com upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Wednesday, May 8th. Jefferies Financial Group initiated coverage on shares of NXP Semiconductors in a research report on Monday, May 13th. They issued a “buy” rating and a $325.00 price target for the company. Finally, JPMorgan Chase & Co. upped their price target on shares of NXP Semiconductors from $240.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $263.00.

View Our Latest Stock Analysis on NXP Semiconductors

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $267.72 on Friday. The company has a market cap of $68.45 billion, a price-to-earnings ratio of 24.72, a PEG ratio of 0.97 and a beta of 1.54. The firm’s fifty day moving average is $245.68 and its 200 day moving average is $227.54. The company has a quick ratio of 1.64, a current ratio of 2.35 and a debt-to-equity ratio of 1.11. NXP Semiconductors has a 52-week low of $163.26 and a 52-week high of $273.37.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Thursday, March 21st were paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date was Wednesday, March 20th. NXP Semiconductors’s payout ratio is 37.49%.

NXP Semiconductors Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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