Bessemer Group Inc. lessened its holdings in shares of NXP Semiconductors NV (NASDAQ:NXPI) by 89.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,316 shares of the semiconductor provider’s stock after selling 27,689 shares during the quarter. Bessemer Group Inc.’s holdings in NXP Semiconductors were worth $243,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. First Personal Financial Services increased its stake in shares of NXP Semiconductors by 356.0% during the fourth quarter. First Personal Financial Services now owns 342 shares of the semiconductor provider’s stock worth $25,000 after buying an additional 267 shares during the period. Legacy Bridge LLC purchased a new stake in shares of NXP Semiconductors during the fourth quarter worth approximately $26,000. Lindbrook Capital LLC purchased a new stake in shares of NXP Semiconductors during the fourth quarter worth approximately $26,000. Intercontinental Wealth Advisors LLC purchased a new stake in shares of NXP Semiconductors during the fourth quarter worth approximately $29,000. Finally, Highwater Wealth Management LLC purchased a new stake in shares of NXP Semiconductors during the fourth quarter worth approximately $36,000. 76.14% of the stock is currently owned by institutional investors and hedge funds.

Shares of NXP Semiconductors stock opened at $91.03 on Thursday. The company has a market capitalization of $30.51 billion, a price-to-earnings ratio of 15.32, a P/E/G ratio of 1.19 and a beta of 1.10. NXP Semiconductors NV has a 52 week low of $67.62 and a 52 week high of $122.48. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.17 and a current ratio of 1.54.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Wednesday, February 6th. The semiconductor provider reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.28. The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.39 billion. NXP Semiconductors had a net margin of 23.47% and a return on equity of 15.52%. Analysts anticipate that NXP Semiconductors NV will post 6.23 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 5th. Stockholders of record on Monday, March 18th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, March 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.10%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 16.84%.

NXPI has been the topic of a number of recent research reports. Susquehanna Bancshares initiated coverage on shares of NXP Semiconductors in a research note on Friday, December 7th. They set a “neutral” rating and a $90.00 target price on the stock. Needham & Company LLC upped their target price on shares of NXP Semiconductors to $105.00 and gave the stock a “strong-buy” rating in a research note on Friday, February 8th. UBS Group initiated coverage on shares of NXP Semiconductors in a research note on Thursday, December 6th. They set a “neutral” rating and a $90.00 target price on the stock. Credit Suisse Group restated a “buy” rating and set a $125.00 target price on shares of NXP Semiconductors in a research note on Monday, December 3rd. Finally, BidaskClub upgraded shares of NXP Semiconductors from a “strong sell” rating to a “sell” rating in a research note on Tuesday, January 29th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $99.21.

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NXP Semiconductors Profile

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

Further Reading: Reverse Stock Split

Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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