Lido Advisors LLC Increases Position in NXP Semiconductors (NASDAQ:NXPI)
Lido Advisors LLC lifted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 49.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,029 shares of the semiconductor provider’s stock after acquiring an additional 1,657 shares during the quarter. Lido Advisors LLC’s holdings in NXP Semiconductors were worth $800,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of NXPI. Catalyst Capital Advisors LLC purchased a new position in NXP Semiconductors in the fourth quarter valued at approximately $31,000. Perigon Wealth Management LLC purchased a new position in NXP Semiconductors in the fourth quarter valued at approximately $33,000. Exchange Traded Concepts LLC lifted its stake in NXP Semiconductors by 184.8% in the third quarter. Exchange Traded Concepts LLC now owns 299 shares of the semiconductor provider’s stock valued at $37,000 after purchasing an additional 194 shares during the last quarter. Dimension Capital Management LLC purchased a new position in NXP Semiconductors in the third quarter valued at approximately $38,000. Finally, Graves Light Private Wealth Management Inc. purchased a new position in NXP Semiconductors in the fourth quarter valued at approximately $39,000. Institutional investors and hedge funds own 88.95% of the company’s stock.
A number of brokerages have issued reports on NXPI. TheStreet raised shares of NXP Semiconductors from a “c” rating to a “b-” rating in a report on Tuesday, February 2nd. Barclays upped their price target on shares of NXP Semiconductors from $150.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, January 26th. They noted that the move was a valuation call. Wells Fargo & Company upped their price target on shares of NXP Semiconductors from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, January 26th. Mizuho upped their price target on shares of NXP Semiconductors from $173.00 to $192.00 and gave the company a “buy” rating in a research report on Wednesday, February 3rd. Finally, Oppenheimer upgraded shares of NXP Semiconductors from a “market perform” rating to an “outperform” rating and set a $210.00 price target for the company in a research report on Wednesday, February 3rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. NXP Semiconductors has an average rating of “Buy” and an average price target of $179.52.
Shares of NXPI opened at $185.61 on Tuesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.64 and a quick ratio of 1.33. NXP Semiconductors has a one year low of $58.41 and a one year high of $200.19. The company has a 50-day simple moving average of $177.73 and a two-hundred day simple moving average of $148.66. The firm has a market capitalization of $51.92 billion, a PE ratio of -350.21, a price-to-earnings-growth ratio of 2.62 and a beta of 1.50.
NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Sunday, January 31st. The semiconductor provider reported $2.22 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.10 by $0.12. NXP Semiconductors had a negative net margin of 1.70% and a positive return on equity of 17.16%. Analysts expect that NXP Semiconductors will post 4.69 EPS for the current fiscal year.
NXP Semiconductors Company Profile
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 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.
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