NXP Semiconductors (NASDAQ:NXPI) Shares Bought by Austin Private Wealth LLC

Austin Private Wealth LLC lifted its position in NXP Semiconductors (NASDAQ:NXPI) by 140.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,198 shares of the semiconductor provider’s stock after acquiring an additional 1,869 shares during the quarter. Austin Private Wealth LLC’s holdings in NXP Semiconductors were worth $665,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. State Street Corp boosted its position in NXP Semiconductors by 1.3% during the 3rd quarter. State Street Corp now owns 10,675,415 shares of the semiconductor provider’s stock valued at $2,572,694,000 after purchasing an additional 139,641 shares during the period. Geode Capital Management LLC boosted its position in NXP Semiconductors by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,145,932 shares of the semiconductor provider’s stock worth $1,231,533,000 after acquiring an additional 57,762 shares during the period. Franklin Resources Inc. boosted its position in NXP Semiconductors by 2.1% during the 3rd quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider’s stock worth $1,063,322,000 after acquiring an additional 93,129 shares during the period. Van ECK Associates Corp boosted its position in NXP Semiconductors by 67.2% during the 3rd quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider’s stock worth $718,680,000 after acquiring an additional 1,222,736 shares during the period. Finally, Janus Henderson Group PLC boosted its position in NXP Semiconductors by 0.7% during the 3rd quarter. Janus Henderson Group PLC now owns 2,730,933 shares of the semiconductor provider’s stock worth $655,453,000 after acquiring an additional 20,145 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. TD Cowen reduced their price target on NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating for the company in a research report on Friday, November 8th. Wells Fargo & Company assumed coverage on NXP Semiconductors in a research note on Friday, November 22nd. They issued an “overweight” rating and a $250.00 price objective on the stock. Needham & Company LLC dropped their price objective on NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. The Goldman Sachs Group raised NXP Semiconductors from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $260.00 to $257.00 in a research note on Friday, January 10th. Finally, Barclays dropped their price objective on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating on the stock 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’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $270.85.

NXP Semiconductors Stock Down 1.3 %

NASDAQ NXPI opened at $208.55 on Friday. The firm has a market cap of $53.01 billion, a PE ratio of 19.90, a price-to-earnings-growth ratio of 3.21 and a beta of 1.47. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60. The stock’s 50 day simple moving average is $216.15 and its 200 day simple moving average is $232.59. NXP Semiconductors has a one year low of $202.25 and a one year high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. The firm had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The business’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period last year, the company earned $3.31 EPS. As a group, sell-side analysts forecast that NXP Semiconductors will post 11.33 earnings per share 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 1.94%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 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.