NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC lessened its stake in NXP Semiconductors (NASDAQ:NXPI) by 35.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,682 shares of the semiconductor provider’s stock after selling 3,091 shares during the quarter. Level Four Advisory Services LLC’s holdings in NXP Semiconductors were worth $1,181,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. ORG Wealth Partners LLC boosted its stake in shares of NXP Semiconductors by 915.4% in the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after purchasing an additional 119 shares during the period. FSA Wealth Management LLC acquired a new position in NXP Semiconductors in the 3rd quarter worth $33,000. Sound Income Strategies LLC boosted its position in NXP Semiconductors by 169.2% in the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after buying an additional 88 shares during the last quarter. Runnymede Capital Advisors Inc. acquired a new stake in shares of NXP Semiconductors during the fourth quarter valued at about $32,000. Finally, Smithfield Trust Co purchased a new stake in shares of NXP Semiconductors during the fourth quarter worth about $32,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. StockNews.com downgraded NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Needham & Company LLC reduced their target price on NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Arete Research raised shares of NXP Semiconductors to a “strong-buy” rating in a report on Tuesday, March 25th. Citigroup raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $210.00 to $290.00 in a report on Thursday, February 20th. Finally, Stifel Nicolaus cut their target price on shares of NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating on the stock in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $267.00.

NXP Semiconductors Price Performance

Shares of NXPI opened at $189.99 on Friday. NXP Semiconductors has a 12 month low of $188.85 and a 12 month high of $296.08. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The stock has a fifty day moving average price of $214.68 and a 200 day moving average price of $221.99. The company has a market cap of $48.19 billion, a P/E ratio of 19.53, a PEG ratio of 3.01 and a beta of 1.47.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th will be given a dividend of $1.014 per share. The ex-dividend date is Wednesday, March 19th. This represents a $4.06 annualized dividend and a dividend yield of 2.13%. NXP Semiconductors’s dividend payout ratio is currently 41.62%.

Insider Buying and Selling

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $204.86, for a total transaction of $204,860.00. Following the completion of the transaction, the chief operating officer now directly owns 8,828 shares of the company’s stock, valued at $1,808,504.08. The trade was a 10.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.11% of the company’s stock.

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.