NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Telos Capital Management Inc.

Telos Capital Management Inc. increased its position in NXP Semiconductors (NASDAQ:NXPI) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,723 shares of the semiconductor provider’s stock after purchasing an additional 512 shares during the quarter. NXP Semiconductors accounts for 1.2% of Telos Capital Management Inc.’s portfolio, making the stock its 23rd largest position. Telos Capital Management Inc.’s holdings in NXP Semiconductors were worth $11,166,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Czech National Bank grew its stake in NXP Semiconductors by 6.6% during the 3rd quarter. Czech National Bank now owns 51,891 shares of the semiconductor provider’s stock valued at $12,454,000 after purchasing an additional 3,198 shares in the last quarter. Mather Group LLC. grew its position in shares of NXP Semiconductors by 43.5% during the third quarter. Mather Group LLC. now owns 812 shares of the semiconductor provider’s stock worth $195,000 after buying an additional 246 shares in the last quarter. CWM LLC grew its position in shares of NXP Semiconductors by 14.8% during the third quarter. CWM LLC now owns 5,044 shares of the semiconductor provider’s stock worth $1,211,000 after buying an additional 649 shares in the last quarter. Patten Group Inc. increased its stake in shares of NXP Semiconductors by 1.9% in the third quarter. Patten Group Inc. now owns 3,520 shares of the semiconductor provider’s stock worth $845,000 after buying an additional 66 shares during the last quarter. Finally, Perpetual Ltd raised its holdings in NXP Semiconductors by 5.9% in the third quarter. Perpetual Ltd now owns 4,658 shares of the semiconductor provider’s stock valued at $1,118,000 after acquiring an additional 258 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Needham & Company LLC decreased their price objective on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday. Morgan Stanley decreased their price target on NXP Semiconductors from $235.00 to $231.00 and set an “equal weight” rating for the company in a research note on Wednesday. Cantor Fitzgerald restated an “overweight” rating and set a $250.00 price objective on shares of NXP Semiconductors in a research note on Tuesday. Barclays decreased their target price on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Finally, UBS Group dropped their price target on NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Six equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average target price of $263.15.

NXP Semiconductors Stock Performance

Shares of NASDAQ NXPI opened at $216.82 on Friday. NXP Semiconductors has a 12-month low of $198.21 and a 12-month high of $296.08. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The company has a market cap of $55.11 billion, a PE ratio of 20.69, a P/E/G ratio of 3.14 and a beta of 1.46. The stock has a 50 day simple moving average of $214.42 and a 200-day simple moving average of $230.24.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The company had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.25 billion. During the same quarter in the prior year, the business posted $3.31 earnings per share. The company’s revenue for the quarter was down 5.4% compared to the same quarter last year. On average, equities research analysts forecast that NXP Semiconductors will post 11.33 EPS for the current year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors 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 yield of 1.87%. NXP Semiconductors’s dividend payout ratio is presently 38.74%.

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.