NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Bard Financial Services Inc.

Bard Financial Services Inc. reduced its position in NXP Semiconductors (NASDAQ:NXPI) by 24.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,165 shares of the semiconductor provider’s stock after selling 375 shares during the quarter. Bard Financial Services Inc.’s holdings in NXP Semiconductors were worth $242,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in NXP Semiconductors by 387.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,294,340 shares of the semiconductor provider’s stock worth $550,665,000 after acquiring an additional 1,823,650 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of NXP Semiconductors by 67.2% during the 3rd quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider’s stock worth $718,680,000 after purchasing an additional 1,222,736 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of NXP Semiconductors by 337.2% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,924 shares of the semiconductor provider’s stock valued at $225,591,000 after purchasing an additional 724,951 shares during the period. International Assets Investment Management LLC boosted its holdings in NXP Semiconductors by 24,533.2% during the third quarter. International Assets Investment Management LLC now owns 514,341 shares of the semiconductor provider’s stock worth $123,447,000 after buying an additional 512,253 shares in the last quarter. Finally, Ceredex Value Advisors LLC acquired a new position in NXP Semiconductors during the third quarter worth about $84,901,000. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

NXPI has been the subject of a number of research reports. Oppenheimer reduced their price target on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Citic Securities initiated coverage on NXP Semiconductors in a report on Friday, October 11th. They issued a $288.00 target price on the stock. Susquehanna decreased their price objective on shares of NXP Semiconductors from $260.00 to $250.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 6th. UBS Group reduced their price target on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Finally, TD Cowen dropped their price objective on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating for the company in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have given a buy rating to the company. According to MarketBeat, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average price target of $274.14.

NXP Semiconductors Trading Up 2.5 %

NASDAQ:NXPI traded up $5.29 on Monday, hitting $214.15. 844,633 shares of the stock were exchanged, compared to its average volume of 1,511,953. The stock has a market cap of $54.43 billion, a PE ratio of 20.43, a PEG ratio of 4.37 and a beta of 1.47. NXP Semiconductors has a fifty-two week low of $201.58 and a fifty-two week high of $296.08. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The stock has a fifty day moving average of $223.05 and a 200-day moving average of $239.94.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating the consensus estimate of $3.43 by $0.02. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The firm had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.25 billion. During the same quarter last year, the firm posted $3.31 earnings per share. NXP Semiconductors’s revenue for the quarter was down 5.4% compared to the same quarter last year. As a group, equities analysts expect that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th will be issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is presently 38.65%.

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.