Mutual Advisors LLC Takes $226,000 Position in NXP Semiconductors (NASDAQ:NXPI)

Mutual Advisors LLC bought a new stake in shares of NXP Semiconductors (NASDAQ:NXPI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,071 shares of the semiconductor provider’s stock, valued at approximately $226,000.

Several other institutional investors have also made changes to their positions in the company. Crumly & Associates Inc. raised its stake in shares of NXP Semiconductors by 2.0% in the 3rd quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock valued at $546,000 after buying an additional 45 shares in the last quarter. Sterling Investment Counsel LLC boosted its stake in NXP Semiconductors by 5.7% in the third quarter. Sterling Investment Counsel LLC now owns 850 shares of the semiconductor provider’s stock worth $204,000 after purchasing an additional 46 shares in the last quarter. Ascent Group LLC increased its position in NXP Semiconductors by 0.4% in the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider’s stock valued at $3,000,000 after acquiring an additional 46 shares in the last quarter. Central Bank & Trust Co. raised its position in NXP Semiconductors by 1.1% in the 4th quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock worth $917,000 after purchasing an additional 48 shares during the last quarter. Finally, Farmers National Bank lifted its stake in shares of NXP Semiconductors by 6.1% during the second quarter. Farmers National Bank now owns 899 shares of the semiconductor provider’s stock valued at $242,000 after acquiring an additional 52 shares during the period. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Stock Performance

Shares of NASDAQ:NXPI opened at $213.43 on Wednesday. The firm has a market cap of $54.24 billion, a PE ratio of 20.37, a PEG ratio of 3.25 and a beta of 1.47. The company’s 50 day moving average price is $216.68 and its two-hundred day moving average price is $233.35. NXP Semiconductors has a 12-month low of $202.25 and a 12-month 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.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The business had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.25 billion. During the same period last year, the firm posted $3.31 earnings per share. NXP Semiconductors’s revenue was down 5.4% compared to the same quarter last year. Equities research analysts predict that NXP Semiconductors will post 11.33 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors 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 is currently 38.65%.

Analyst Upgrades and Downgrades

NXPI has been the subject of a number of analyst reports. Stifel Nicolaus lowered their target price on shares of NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating for the company in a report on Thursday, October 17th. UBS Group reduced their price target on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Citic Securities assumed coverage on NXP Semiconductors in a research report on Friday, October 11th. They issued a $288.00 target price on the stock. Oppenheimer cut their price target 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. Finally, Barclays decreased their target price on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.