Retireful LLC Takes Position in NXP Semiconductors (NASDAQ:NXPI)

Retireful LLC bought a new position in shares of NXP Semiconductors (NASDAQ:NXPI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,408 shares of the semiconductor provider’s stock, valued at approximately $293,000.

Several other hedge funds and other institutional investors have also modified their holdings of NXPI. Hennion & Walsh Asset Management Inc. lifted its position in NXP Semiconductors by 19.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 2,777 shares of the semiconductor provider’s stock worth $577,000 after acquiring an additional 459 shares during the last quarter. Heritage Family Offices LLP grew its position in shares of NXP Semiconductors by 5.7% in the fourth quarter. Heritage Family Offices LLP now owns 3,478 shares of the semiconductor provider’s stock valued at $723,000 after purchasing an additional 189 shares during the last quarter. Rovin Capital UT ADV increased its stake in shares of NXP Semiconductors by 55.0% during the fourth quarter. Rovin Capital UT ADV now owns 3,143 shares of the semiconductor provider’s stock worth $653,000 after purchasing an additional 1,115 shares during the period. Outlook Wealth Advisors LLC lifted its holdings in NXP Semiconductors by 25.6% during the 4th quarter. Outlook Wealth Advisors LLC now owns 1,852 shares of the semiconductor provider’s stock worth $385,000 after purchasing an additional 377 shares during the last quarter. Finally, Pinnacle Bancorp Inc. boosted its stake in NXP Semiconductors by 38.9% in the 4th quarter. Pinnacle Bancorp Inc. now owns 628 shares of the semiconductor provider’s stock valued at $131,000 after purchasing an additional 176 shares during the period. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NXP Semiconductors stock opened at $210.76 on Friday. 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 stock has a market cap of $53.57 billion, a PE ratio of 20.11, a P/E/G ratio of 3.11 and a beta of 1.47. NXP Semiconductors has a 12-month low of $201.58 and a 12-month high of $296.08. The business’s 50-day moving average price is $218.39 and its two-hundred day moving average price is $236.92.

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, beating the consensus estimate of $3.43 by $0.02. The company had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.25 billion. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The firm’s revenue was down 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted $3.31 EPS. As a group, analysts expect that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is currently 38.74%.

Analysts Set New Price Targets

Several research analysts have weighed in on NXPI shares. Stifel Nicolaus lowered their price objective on NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating on the stock in a research report on Thursday, October 17th. 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. Evercore ISI dropped their price objective on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research note on Wednesday, November 6th. Citic Securities assumed coverage on shares of NXP Semiconductors in a research report on Friday, October 11th. They set a $288.00 target price on the stock. Finally, Mizuho set a $290.00 price target on shares of NXP Semiconductors in a research report on Friday, October 18th. One equities 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $273.19.

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.