NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Aveo Capital Partners LLC

Aveo Capital Partners LLC increased its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 109.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,233 shares of the semiconductor provider’s stock after purchasing an additional 1,689 shares during the quarter. Aveo Capital Partners LLC’s holdings in NXP Semiconductors were worth $672,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC raised its holdings in NXP Semiconductors by 915.4% during the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after purchasing an additional 119 shares during the last quarter. Sound Income Strategies LLC raised its holdings in NXP Semiconductors by 169.2% during the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock worth $29,000 after purchasing an additional 88 shares during the last quarter. FSA Wealth Management LLC acquired a new position in NXP Semiconductors during the third quarter worth $33,000. Brooklyn Investment Group raised its holdings in NXP Semiconductors by 69.5% during the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after purchasing an additional 66 shares during the last quarter. Finally, Fortitude Family Office LLC raised its holdings in NXP Semiconductors by 52.4% during the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after purchasing an additional 75 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Price Performance

NXPI stock opened at $224.14 on Friday. The stock has a 50-day moving average price of $213.16 and a two-hundred day moving average price of $228.34. NXP Semiconductors has a 12-month low of $198.21 and a 12-month high of $296.08. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The company has a market cap of $56.97 billion, a PE ratio of 23.04, a price-to-earnings-growth ratio of 2.64 and a beta of 1.46.

NXP Semiconductors Dividend Announcement

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 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 41.73%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Barclays reduced their price objective on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a report on Friday, January 17th. The Goldman Sachs Group raised NXP Semiconductors from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $260.00 to $257.00 in a research report on Friday, January 10th. Evercore ISI dropped their price target on NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Loop Capital started coverage on NXP Semiconductors in a research report on Monday, November 11th. They set a “buy” rating and a $300.00 price target for the company. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $250.00 price target on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Five equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat, NXP Semiconductors has an average rating of “Moderate Buy” and an average price target of $264.45.

About NXP Semiconductors

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.