Tlwm Boosts Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Tlwm increased its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 3.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,079 shares of the semiconductor provider’s stock after acquiring an additional 153 shares during the quarter. Tlwm’s holdings in NXP Semiconductors were worth $848,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NXPI. Crumly & Associates Inc. boosted its position in shares of NXP Semiconductors by 2.0% during the 3rd quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock valued at $546,000 after acquiring an additional 45 shares during the last quarter. Sterling Investment Counsel LLC raised its stake in NXP Semiconductors by 5.7% during 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 during the period. Ascent Group LLC boosted its holdings 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 purchasing an additional 46 shares during the last quarter. Brighton Jones LLC grew its stake in shares of NXP Semiconductors by 5.2% in the 2nd quarter. Brighton Jones LLC now owns 1,024 shares of the semiconductor provider’s stock valued at $275,000 after buying an additional 51 shares during the period. Finally, Farmers National Bank increased its holdings in shares of NXP Semiconductors by 6.1% during the 2nd quarter. Farmers National Bank now owns 899 shares of the semiconductor provider’s stock worth $242,000 after buying an additional 52 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on NXPI shares. The Goldman Sachs Group upgraded NXP Semiconductors from a “neutral” rating to a “buy” rating and decreased their price objective for the company from $260.00 to $257.00 in a report on Friday. Susquehanna decreased their price target on NXP Semiconductors from $260.00 to $250.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 6th. Oppenheimer reduced their price objective on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $270.00 target price on shares of NXP Semiconductors in a research note on Monday, November 4th. Finally, Wells Fargo & Company initiated coverage on shares of NXP Semiconductors in a research note on Friday, November 22nd. They issued an “overweight” rating and a $250.00 price target on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $273.19.

NXP Semiconductors Trading Up 0.0 %

Shares of NASDAQ:NXPI opened at $206.83 on Tuesday. The company has a market cap of $52.57 billion, a PE ratio of 19.74, a P/E/G ratio of 4.37 and a beta of 1.47. The company’s 50 day moving average is $219.02 and its two-hundred day moving average is $237.50. NXP Semiconductors has a 52 week low of $201.58 and a 52 week high of $296.08. 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 (NASDAQ:NXPI) last announced its quarterly 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. The company had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. NXP Semiconductors’s revenue for the quarter was down 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $3.31 EPS. Equities analysts predict that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently disclosed 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. This represents a $4.06 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s payout ratio is 38.65%.

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.