Xperi Co. (NASDAQ:XPER) declared a quarterly dividend on Wednesday, February 14th, Wall Street Journal reports. Shareholders of record on Thursday, March 1st will be paid a dividend of 0.20 per share by the semiconductor company on Thursday, March 22nd. This represents a $0.80 annualized dividend and a dividend yield of 3.83%. The ex-dividend date is Wednesday, February 28th.

Shares of Xperi (NASDAQ:XPER) traded up $0.15 on Wednesday, hitting $20.90. 339,900 shares of the company’s stock traded hands, compared to its average volume of 513,271. Xperi has a one year low of $16.70 and a one year high of $45.10. The firm has a market capitalization of $1,030.00, a PE ratio of -14.41 and a beta of 0.58. The company has a debt-to-equity ratio of 1.32, a quick ratio of 3.15 and a current ratio of 3.15.

In related news, Director Richard Hill purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was acquired at an average cost of $18.75 per share, for a total transaction of $187,500.00. Following the completion of the acquisition, the director now owns 60,854 shares in the company, valued at approximately $1,141,012.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director George Andrew Riedel purchased 3,000 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were bought at an average price of $19.58 per share, with a total value of $58,740.00. Following the completion of the acquisition, the director now owns 24,527 shares of the company’s stock, valued at approximately $480,238.66. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 16,000 shares of company stock valued at $301,920. 2.40% of the stock is currently owned by corporate insiders.

Several research analysts have commented on XPER shares. Benchmark reiterated a “buy” rating and issued a $40.00 target price (down from $53.00) on shares of Xperi in a report on Wednesday. ValuEngine cut shares of Xperi from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. BidaskClub upgraded shares of Xperi from a “sell” rating to a “hold” rating in a report on Thursday, December 7th. Finally, Bank of America cut shares of Xperi from a “buy” rating to a “neutral” rating in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $40.00.

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About Xperi

Tessera Holding Corporation is a product and technology licensing company. The Company’s technologies and intellectual property are deployed, in areas, such as audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, three dimensional (3D) semiconductor interconnect and packaging.

Dividend History for Xperi (NASDAQ:XPER)

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