NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Albion Financial Group UT

Albion Financial Group UT lifted its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 263.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 690 shares of the semiconductor provider’s stock after acquiring an additional 500 shares during the quarter. Albion Financial Group UT’s holdings in NXP Semiconductors were worth $143,000 as of its most recent SEC filing.

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

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $216.09 on Thursday. The company has a market cap of $54.92 billion, a P/E ratio of 20.62, a P/E/G ratio of 3.24 and a beta of 1.47. NXP Semiconductors has a 1-year low of $202.25 and a 1-year high of $296.08. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60. The stock has a 50-day moving average of $217.08 and a two-hundred day moving average of $235.07.

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

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.88%. NXP Semiconductors’s dividend payout ratio (DPR) is 38.74%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Loop Capital assumed coverage on NXP Semiconductors in a research note on Monday, November 11th. They issued a “buy” rating and a $300.00 price target on the stock. Susquehanna dropped their target price on shares of NXP Semiconductors from $250.00 to $235.00 and set a “neutral” rating for the company in a report on Wednesday. Evercore ISI reduced their target price on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Truist Financial lowered their price target on shares of NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Finally, Needham & Company LLC cut their price objective on shares of NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $270.85.

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.