WealthShield Partners LLC Boosts Stake in NXP Semiconductors (NASDAQ:NXPI)

WealthShield Partners LLC lifted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 5.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,129 shares of the semiconductor provider’s stock after buying an additional 509 shares during the period. WealthShield Partners LLC’s holdings in NXP Semiconductors were worth $2,115,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Crumly & Associates Inc. raised its stake in NXP Semiconductors by 2.0% during the third quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock worth $546,000 after purchasing an additional 45 shares during the period. Ascent Group LLC raised its stake in NXP Semiconductors by 0.4% during the third quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider’s stock worth $3,000,000 after purchasing an additional 46 shares during the period. Central Bank & Trust Co. raised its stake in NXP Semiconductors by 1.1% during the fourth quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock worth $917,000 after purchasing an additional 48 shares during the period. Phillips Wealth Planners LLC raised 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 period. Finally, Trustmark National Bank Trust Department raised its stake in NXP Semiconductors by 6.8% during the third quarter. Trustmark National Bank Trust Department now owns 921 shares of the semiconductor provider’s stock worth $221,000 after purchasing an additional 59 shares during the period. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Stock Down 3.8 %

NXPI stock opened at $236.52 on Monday. The company has a fifty day moving average price of $214.86 and a 200 day moving average price of $227.92. NXP Semiconductors has a 12 month low of $198.21 and a 12 month high of $296.08. The company has a market cap of $60.11 billion, a price-to-earnings ratio of 24.31, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NXPI shares. Citigroup raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $210.00 to $290.00 in a research note on Thursday. TD Cowen reduced their target price on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. Oppenheimer dropped their price target on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. StockNews.com cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. Finally, Susquehanna dropped their price target on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $267.00.

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.