NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lessened its holdings in NXP Semiconductors (NASDAQ:NXPI) by 81.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,702 shares of the semiconductor provider’s stock after selling 45,708 shares during the quarter. Nisa Investment Advisors LLC’s holdings in NXP Semiconductors were worth $2,235,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in NXPI. Octavia Wealth Advisors LLC raised its position in shares of NXP Semiconductors by 50.1% during the 4th quarter. Octavia Wealth Advisors LLC now owns 1,321 shares of the semiconductor provider’s stock worth $275,000 after purchasing an additional 441 shares during the period. LifePlan Financial LLC grew its stake in NXP Semiconductors by 110.5% during the 4th quarter. LifePlan Financial LLC now owns 4,494 shares of the semiconductor provider’s stock worth $934,000 after buying an additional 2,359 shares during the last quarter. Ballentine Partners LLC increased its position in NXP Semiconductors by 163.7% in the fourth quarter. Ballentine Partners LLC now owns 3,381 shares of the semiconductor provider’s stock worth $703,000 after buying an additional 2,099 shares during the period. Pure Financial Advisors LLC lifted its stake in NXP Semiconductors by 8.8% in the fourth quarter. Pure Financial Advisors LLC now owns 2,399 shares of the semiconductor provider’s stock valued at $499,000 after buying an additional 194 shares during the last quarter. Finally, Central Bank & Trust Co. boosted its holdings in shares of NXP Semiconductors by 1.1% during the fourth quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock valued at $917,000 after acquiring an additional 48 shares during the period. Institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on NXPI shares. StockNews.com upgraded NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st. Wells Fargo & Company began coverage on NXP Semiconductors in a report on Friday, November 22nd. They set an “overweight” rating and a $250.00 target price on the stock. The Goldman Sachs Group raised NXP Semiconductors from a “neutral” rating to a “buy” rating and decreased their price target for the company from $260.00 to $257.00 in a research note on Friday, January 10th. Loop Capital began coverage on NXP Semiconductors in a research note on Monday, November 11th. They issued a “buy” rating and a $300.00 price objective on the stock. Finally, Needham & Company LLC decreased their target price on NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $270.85.

NXP Semiconductors Stock Down 2.9 %

Shares of NXP Semiconductors stock opened at $213.43 on Monday. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. NXP Semiconductors has a 1 year low of $202.25 and a 1 year high of $296.08. The stock has a 50-day moving average price of $216.79 and a 200 day moving average price of $234.11. The company has a market cap of $54.25 billion, a P/E ratio of 20.37, a P/E/G ratio of 3.25 and a beta of 1.47.

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

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.74%.

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.