Capital Analysts LLC Has $243,000 Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Capital Analysts LLC grew its stake in NXP Semiconductors (NASDAQ:NXPI) by 203.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,056 shares of the semiconductor provider’s stock after buying an additional 708 shares during the quarter. Capital Analysts LLC’s holdings in NXP Semiconductors were worth $243,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. lifted its position in shares of NXP Semiconductors by 46.9% in the fourth quarter. Assenagon Asset Management S.A. now owns 89,297 shares of the semiconductor provider’s stock worth $20,510,000 after buying an additional 28,518 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of NXP Semiconductors by 29.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 125,594 shares of the semiconductor provider’s stock worth $28,846,000 after purchasing an additional 28,758 shares during the period. Stratos Wealth Partners LTD. increased its stake in shares of NXP Semiconductors by 27.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 4,788 shares of the semiconductor provider’s stock worth $1,100,000 after purchasing an additional 1,019 shares during the period. Invera Wealth Advisors LLC bought a new position in shares of NXP Semiconductors in the fourth quarter worth about $1,786,000. Finally, Kentucky Retirement Systems bought a new position in shares of NXP Semiconductors in the third quarter worth about $4,272,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Oppenheimer lifted their price objective on NXP Semiconductors from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. Stifel Nicolaus boosted their price target on NXP Semiconductors from $190.00 to $210.00 and gave the company a “hold” rating in a research note on Tuesday, January 2nd. Truist Financial boosted their price target on NXP Semiconductors from $264.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. TD Cowen boosted their price target on NXP Semiconductors from $270.00 to $300.00 and gave the company an “outperform” rating in a research note on Tuesday, March 12th. Finally, Evercore ISI initiated coverage on NXP Semiconductors in a report on Tuesday. They set an “outperform” rating and a $300.00 price objective for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $242.29.

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $226.92 on Thursday. The firm has a market capitalization of $58.11 billion, a P/E ratio of 21.19, a PEG ratio of 0.87 and a beta of 1.59. The business has a 50-day moving average of $241.93 and a 200-day moving average of $218.41. The company has a current ratio of 1.91, a quick ratio of 1.39 and a debt-to-equity ratio of 1.14. NXP Semiconductors has a 1 year low of $155.31 and a 1 year high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last announced its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.33 by $0.04. NXP Semiconductors had a net margin of 21.07% and a return on equity of 38.94%. The company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.40 billion. On average, equities analysts anticipate that NXP Semiconductors will post 12.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were paid a $1.014 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a yield of 1.79%. NXP Semiconductors’s payout ratio is 37.91%.

NXP Semiconductors 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 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.