Nvwm LLC Sells 85 Shares of NXP Semiconductors (NASDAQ:NXPI)

Nvwm LLC trimmed its position in NXP Semiconductors (NASDAQ:NXPI) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,223 shares of the semiconductor provider’s stock after selling 85 shares during the period. Nvwm LLC’s holdings in NXP Semiconductors were worth $878,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of NXPI. ORG Wealth Partners LLC grew its stake in shares of NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after acquiring an additional 119 shares in the last quarter. Sound Income Strategies LLC boosted 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 bought a new position in NXP Semiconductors in the third quarter valued at $33,000. Brooklyn Investment Group increased its stake in NXP Semiconductors by 69.5% in the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock valued at $33,000 after buying an additional 66 shares during the last quarter. Finally, Fortitude Family Office LLC lifted its position in NXP Semiconductors by 52.4% during the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after buying an additional 75 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Stock Down 1.1 %

Shares of NASDAQ:NXPI opened at $202.40 on Wednesday. The firm has a market cap of $51.44 billion, a P/E ratio of 19.31, a P/E/G ratio of 3.14 and a beta of 1.46. NXP Semiconductors has a 12-month low of $198.21 and a 12-month high of $296.08. The business has a fifty day simple moving average of $214.68 and a 200 day simple moving average of $230.36. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. The company 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 firm’s quarterly revenue was down 5.4% on a year-over-year basis. During the same period in the previous year, the firm earned $3.31 earnings per share. Analysts predict that NXP Semiconductors will post 11.33 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were given a $1.014 dividend. The ex-dividend date was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.00%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 38.74%.

Analyst Upgrades and Downgrades

NXPI has been the topic of a number of recent research reports. TD Cowen lowered their target price on NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Wells Fargo & Company assumed coverage on shares of NXP Semiconductors in a report on Friday, November 22nd. They set an “overweight” rating and a $250.00 target price on the stock. Barclays decreased their price objective on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. StockNews.com downgraded NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. Finally, Needham & Company LLC decreased their target price on NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Wednesday. Six investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $268.15.

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.