Hilltop National Bank Grows Holdings in NXP Semiconductors (NASDAQ:NXPI)

Hilltop National Bank lifted its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,005 shares of the semiconductor provider’s stock after acquiring an additional 215 shares during the quarter. Hilltop National Bank’s holdings in NXP Semiconductors were worth $1,248,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. FSA Wealth Management LLC acquired a new stake in NXP Semiconductors in the 3rd quarter valued at about $33,000. Fortitude Family Office LLC grew its position in shares of NXP Semiconductors by 52.4% in the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock valued at $45,000 after purchasing an additional 75 shares in the last quarter. Valley Wealth Managers Inc. acquired a new stake in shares of NXP Semiconductors in the second quarter valued at approximately $48,000. Avior Wealth Management LLC lifted its position in NXP Semiconductors by 182.1% during the third quarter. Avior Wealth Management LLC now owns 220 shares of the semiconductor provider’s stock worth $53,000 after buying an additional 142 shares in the last quarter. Finally, Fairfield Financial Advisors LTD acquired a new position in NXP Semiconductors during the second quarter worth $54,000. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NXPI has been the subject of a number of analyst reports. Morgan Stanley dropped their price objective on shares of NXP Semiconductors from $250.00 to $235.00 and set an “equal weight” rating for the company in a report on Wednesday, November 6th. Barclays dropped their price target on shares of NXP Semiconductors from $330.00 to $280.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. UBS Group reduced their price target on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Truist Financial lowered their price objective on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Finally, Susquehanna reduced their target price on NXP Semiconductors from $260.00 to $250.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $273.19.

NXP Semiconductors Stock Down 1.0 %

NASDAQ NXPI traded down $2.18 during trading hours on Friday, reaching $207.54. 854,943 shares of the company’s stock were exchanged, compared to its average volume of 1,844,979. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35. The company has a market capitalization of $52.75 billion, a price-to-earnings ratio of 19.80, a price-to-earnings-growth ratio of 4.37 and a beta of 1.47. The company’s 50-day moving average is $220.26 and its two-hundred day moving average is $238.76. NXP Semiconductors has a one year low of $201.58 and a one year high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data 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 business 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 quarterly revenue was down 5.4% on a year-over-year basis. During the same period last year, the company earned $3.31 earnings per share. On average, analysts forecast that NXP Semiconductors will post 11.33 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.95%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 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.