NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Consolidated Planning Corp

Consolidated Planning Corp lifted its position in NXP Semiconductors (NASDAQ:NXPI) by 6.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,629 shares of the semiconductor provider’s stock after acquiring an additional 549 shares during the quarter. Consolidated Planning Corp’s holdings in NXP Semiconductors were worth $2,212,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in NXPI. Caprock Group LLC lifted its position in shares of NXP Semiconductors by 20.2% in the 3rd quarter. Caprock Group LLC now owns 2,622 shares of the semiconductor provider’s stock valued at $527,000 after acquiring an additional 440 shares in the last quarter. Handelsbanken Fonder AB lifted its position in shares of NXP Semiconductors by 1.0% in the 3rd quarter. Handelsbanken Fonder AB now owns 102,233 shares of the semiconductor provider’s stock valued at $20,438,000 after acquiring an additional 971 shares in the last quarter. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of NXP Semiconductors in the 3rd quarter valued at approximately $471,000. Oak Harbor Wealth Partners LLC lifted its position in shares of NXP Semiconductors by 4.8% in the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 3,528 shares of the semiconductor provider’s stock valued at $705,000 after acquiring an additional 160 shares in the last quarter. Finally, Manning & Napier Group LLC lifted its position in shares of NXP Semiconductors by 1.3% in the 3rd quarter. Manning & Napier Group LLC now owns 17,307 shares of the semiconductor provider’s stock valued at $3,460,000 after acquiring an additional 228 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on NXPI. Morgan Stanley upped their price target on shares of NXP Semiconductors from $221.00 to $224.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 7th. Mizuho increased their target price on shares of NXP Semiconductors from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. Stifel Nicolaus increased their target price on shares of NXP Semiconductors from $190.00 to $210.00 and gave the stock a “hold” rating in a research report on Tuesday, January 2nd. TD Cowen increased their target price on shares of NXP Semiconductors from $270.00 to $300.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 12th. Finally, Oppenheimer increased their price target on shares of NXP Semiconductors from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $242.29.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock traded up $4.62 during trading on Friday, hitting $242.70. 2,059,388 shares of the company’s stock traded hands, compared to its average volume of 2,041,337. 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 firm’s fifty day moving average price is $241.20 and its 200 day moving average price is $219.73. NXP Semiconductors has a twelve month low of $155.31 and a twelve month high of $264.26. The company has a market cap of $62.16 billion, a PE ratio of 22.66, a PEG ratio of 0.90 and a beta of 1.59.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share for the quarter, beating the consensus estimate of $3.33 by $0.04. NXP Semiconductors had a net margin of 21.07% and a return on equity of 38.94%. The business had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.40 billion. Analysts forecast that NXP Semiconductors will post 12.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $4.06 annualized dividend and a dividend yield of 1.67%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 37.91%.

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.