Willner & Heller LLC Sells 154 Shares of NXP Semiconductors (NASDAQ:NXPI)

Willner & Heller LLC decreased its stake in NXP Semiconductors (NASDAQ:NXPI) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,653 shares of the semiconductor provider’s stock after selling 154 shares during the quarter. Willner & Heller LLC’s holdings in NXP Semiconductors were worth $344,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of NXP Semiconductors by 387.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,294,340 shares of the semiconductor provider’s stock worth $550,665,000 after acquiring an additional 1,823,650 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of NXP Semiconductors by 67.2% during the third quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider’s stock valued at $718,680,000 after buying an additional 1,222,736 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of NXP Semiconductors by 337.2% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,924 shares of the semiconductor provider’s stock worth $225,591,000 after buying an additional 724,951 shares during the period. International Assets Investment Management LLC lifted its stake in shares of NXP Semiconductors by 24,533.2% during the 3rd quarter. International Assets Investment Management LLC now owns 514,341 shares of the semiconductor provider’s stock worth $123,447,000 after acquiring an additional 512,253 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its position in NXP Semiconductors by 1,172.3% in the 4th quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider’s stock valued at $115,396,000 after acquiring an additional 511,553 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on NXPI. Loop Capital initiated coverage on shares of NXP Semiconductors in a research note on Monday, November 11th. They set a “buy” rating and a $300.00 target price for the company. Wells Fargo & Company initiated coverage on shares of NXP Semiconductors in a research report on Friday, November 22nd. They issued an “overweight” rating and a $250.00 price objective for the company. Oppenheimer reduced their target price on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $270.00 price target on shares of NXP Semiconductors in a report on Monday, November 4th. Finally, Truist Financial reduced their price objective on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $271.60.

NXP Semiconductors Trading Up 2.2 %

NASDAQ:NXPI opened at $215.36 on Monday. The stock has a market capitalization of $54.74 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 3.11 and a beta of 1.47. NXP Semiconductors has a 52 week low of $202.25 and a 52 week high of $296.08. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99. The firm has a 50 day moving average of $217.51 and a 200 day moving average of $236.14.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The firm had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.25 billion. During the same quarter last year, the firm earned $3.31 EPS. The business’s quarterly revenue was down 5.4% on a year-over-year basis. As a group, sell-side analysts anticipate that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.88%. The ex-dividend date was Thursday, December 5th. NXP Semiconductors’s payout ratio is currently 38.74%.

About NXP Semiconductors

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.