NXP Semiconductors (NASDAQ:NXPI) Shares Purchased by Motco

Motco increased its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,673 shares of the semiconductor provider’s stock after purchasing an additional 711 shares during the period. Motco’s holdings in NXP Semiconductors were worth $5,752,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of NXPI. Crumly & Associates Inc. increased its holdings in NXP Semiconductors by 2.0% in the third quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock valued at $546,000 after buying an additional 45 shares during the last quarter. Ascent Group LLC boosted its position in shares of NXP Semiconductors by 0.4% during the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider’s stock worth $3,000,000 after acquiring an additional 46 shares in the last quarter. Central Bank & Trust Co. increased its holdings in shares of NXP Semiconductors by 1.1% in the 4th quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock valued at $917,000 after acquiring an additional 48 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of NXP Semiconductors by 9.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 573 shares of the semiconductor provider’s stock worth $119,000 after acquiring an additional 51 shares in the last quarter. Finally, Phillips Wealth Planners LLC lifted its stake in NXP Semiconductors by 4.7% during the third quarter. Phillips Wealth Planners LLC now owns 1,190 shares of the semiconductor provider’s stock worth $277,000 after purchasing an additional 53 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Truist Financial raised their price objective on shares of NXP Semiconductors from $245.00 to $258.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Oppenheimer decreased their price objective on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a research note on Wednesday, November 6th. Susquehanna cut their target price on NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Cantor Fitzgerald reissued an “overweight” rating and issued a $250.00 target price on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Finally, Wells Fargo & Company started coverage on NXP Semiconductors in a research report on Friday, November 22nd. They set an “overweight” rating and a $250.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.00.

NXP Semiconductors Price Performance

Shares of NXPI opened at $216.87 on Friday. 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 stock’s 50 day moving average is $215.92 and its two-hundred day moving average is $227.67. NXP Semiconductors has a twelve month low of $198.21 and a twelve month high of $296.08. The firm has a market capitalization of $55.00 billion, a PE ratio of 22.29, a P/E/G ratio of 3.01 and a beta of 1.46.

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.