Comprehensive Financial Consultants Institutional Inc. Raises Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Comprehensive Financial Consultants Institutional Inc. lifted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,399 shares of the semiconductor provider’s stock after buying an additional 487 shares during the period. Comprehensive Financial Consultants Institutional Inc.’s holdings in NXP Semiconductors were worth $1,954,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in NXPI. China Universal Asset Management Co. Ltd. lifted its position in NXP Semiconductors by 28.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 4,136 shares of the semiconductor provider’s stock worth $862,000 after buying an additional 905 shares during the last quarter. Factory Mutual Insurance Co. raised its stake in shares of NXP Semiconductors by 109.5% in the fourth quarter. Factory Mutual Insurance Co. now owns 114,400 shares of the semiconductor provider’s stock valued at $23,778,000 after acquiring an additional 59,800 shares during the period. Heck Capital Advisors LLC bought a new stake in shares of NXP Semiconductors in the 4th quarter worth about $524,000. Austin Private Wealth LLC boosted its stake in shares of NXP Semiconductors by 140.6% during the 4th quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider’s stock worth $665,000 after purchasing an additional 1,869 shares during the period. Finally, Hunter Associates Investment Management LLC grew its holdings in NXP Semiconductors by 0.3% during the 4th quarter. Hunter Associates Investment Management LLC now owns 20,060 shares of the semiconductor provider’s stock valued at $4,180,000 after purchasing an additional 61 shares during the last quarter. Institutional investors own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. StockNews.com lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday. Morgan Stanley cut their price objective on NXP Semiconductors from $250.00 to $235.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 6th. Needham & Company LLC decreased their target price on NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Citic Securities initiated coverage on shares of NXP Semiconductors in a report on Friday, October 11th. They set a $288.00 price objective for the company. Finally, Wells Fargo & Company initiated coverage on shares of NXP Semiconductors in a research note on Friday, November 22nd. They issued an “overweight” rating and a $250.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $270.85.

NXP Semiconductors Trading Down 1.3 %

NASDAQ NXPI opened at $208.55 on Friday. NXP Semiconductors has a 52 week low of $202.25 and a 52 week high of $296.08. The company has a 50 day moving average price of $215.79 and a 200 day moving average price of $232.08. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99. The firm has a market cap of $53.00 billion, a PE ratio of 19.90, a price-to-earnings-growth ratio of 3.21 and a beta of 1.47.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The business had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.25 billion. During the same period in the prior year, the firm posted $3.31 earnings per share. The business’s quarterly revenue was down 5.4% on a year-over-year basis. As a group, sell-side analysts forecast that NXP Semiconductors will post 11.33 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were paid a dividend of $1.014 per share. The ex-dividend date was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.94%. NXP Semiconductors’s payout ratio is 38.65%.

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.