Nikulski Financial Inc. decreased its stake in shares of NXP Semiconductors (NASDAQ:NXPI – Free Report) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,685 shares of the semiconductor provider’s stock after selling 227 shares during the quarter. Nikulski Financial Inc.’s holdings in NXP Semiconductors were worth $766,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of NXPI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in NXP Semiconductors by 387.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,294,340 shares of the semiconductor provider’s stock worth $550,665,000 after buying an additional 1,823,650 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of NXP Semiconductors by 67.2% during the 3rd quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider’s stock worth $718,680,000 after acquiring an additional 1,222,736 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in NXP Semiconductors by 337.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,924 shares of the semiconductor provider’s stock valued at $225,591,000 after purchasing an additional 724,951 shares during the last quarter. International Assets Investment Management LLC boosted its position in NXP Semiconductors by 24,533.2% during the third quarter. International Assets Investment Management LLC now owns 514,341 shares of the semiconductor provider’s stock worth $123,447,000 after purchasing an additional 512,253 shares during the period. Finally, Assenagon Asset Management S.A. grew its stake in NXP Semiconductors by 1,172.3% in the 4th quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider’s stock valued at $115,396,000 after buying an additional 511,553 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.
NXP Semiconductors Stock Down 2.9 %
NXPI stock opened at $213.43 on Friday. The business’s 50-day moving average price is $216.79 and its 200-day moving average price is $234.39. The stock has a market cap of $54.25 billion, a P/E ratio of 20.37, a PEG ratio of 3.25 and a beta of 1.47. NXP Semiconductors has a twelve month low of $202.25 and a twelve month high of $296.08. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99.
NXP Semiconductors Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were issued a $1.014 dividend. The ex-dividend date was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a yield of 1.90%. NXP Semiconductors’s dividend payout ratio is presently 38.74%.
Analysts Set New Price Targets
NXPI has been the topic of a number of recent research reports. Mizuho set a $290.00 price objective on NXP Semiconductors in a report on Friday, October 18th. Morgan Stanley lowered their target price on shares of NXP Semiconductors from $250.00 to $235.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 6th. Loop Capital initiated coverage on shares of NXP Semiconductors in a report on Monday, November 11th. They issued a “buy” rating and a $300.00 price target on the stock. Barclays dropped their price objective on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Finally, Truist Financial lowered their price target on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $270.85.
Get Our Latest Stock Report on NXPI
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.
See Also
- Five stocks we like better than NXP Semiconductors
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Bloom Energy: Powering the Future With Decentralized Energy
- What is the S&P 500 and How It is Distinct from Other Indexes
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- What is the Nasdaq? Complete Overview with History
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors (NASDAQ:NXPI – Free Report).
Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.