Wetzel Investment Advisors Inc. Invests $254,000 in NXP Semiconductors (NASDAQ:NXPI)

Wetzel Investment Advisors Inc. acquired a new stake in NXP Semiconductors (NASDAQ:NXPI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,105 shares of the semiconductor provider’s stock, valued at approximately $254,000.

A number of other institutional investors have also made changes to their positions in the stock. Greenleaf Trust raised its stake in shares of NXP Semiconductors by 11.9% in the 4th quarter. Greenleaf Trust now owns 3,126 shares of the semiconductor provider’s stock valued at $718,000 after acquiring an additional 333 shares in the last quarter. RIA Advisory Group LLC acquired a new stake in NXP Semiconductors in the 4th quarter valued at approximately $249,000. Zhang Financial LLC grew its holdings in NXP Semiconductors by 17.2% in the 4th quarter. Zhang Financial LLC now owns 2,532 shares of the semiconductor provider’s stock valued at $581,000 after buying an additional 371 shares during the last quarter. Colton Groome Financial Advisors LLC grew its holdings in NXP Semiconductors by 34.8% in the 4th quarter. Colton Groome Financial Advisors LLC now owns 4,514 shares of the semiconductor provider’s stock valued at $1,037,000 after buying an additional 1,165 shares during the last quarter. Finally, Xponance Inc. grew its holdings in NXP Semiconductors by 6.2% in the 4th quarter. Xponance Inc. now owns 23,277 shares of the semiconductor provider’s stock valued at $5,346,000 after buying an additional 1,356 shares during the last quarter. 90.54% of the stock is owned by institutional investors.

NXP Semiconductors Trading Down 1.9 %

Shares of NXPI stock traded down $4.23 on Friday, reaching $215.12. 2,760,717 shares of the stock were exchanged, compared to its average volume of 1,784,716. The stock has a market cap of $55.09 billion, a PE ratio of 20.09, a P/E/G ratio of 0.83 and a beta of 1.59. NXP Semiconductors has a one year low of $155.31 and a one year high of $264.26. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.91 and a quick ratio of 1.39. The stock has a 50 day moving average price of $241.39 and a 200 day moving average price of $218.52.

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

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Thursday, March 21st were paid a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.89%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 37.91%.

Analysts Set New Price Targets

A number of analysts have issued reports on NXPI shares. StockNews.com raised NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Tuesday. TD Cowen lifted their price objective on NXP Semiconductors from $270.00 to $300.00 and gave the stock an “outperform” rating in a report on Tuesday, March 12th. Stifel Nicolaus lifted their price objective on NXP Semiconductors from $190.00 to $210.00 and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Barclays raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $200.00 to $260.00 in a report on Tuesday, January 16th. Finally, Oppenheimer lifted their price objective on NXP Semiconductors from $220.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, February 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and a consensus price target of $242.29.

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 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.