NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC reduced its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 3.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,464 shares of the semiconductor provider’s stock after selling 140 shares during the period. Harbour Capital Advisors LLC’s holdings in NXP Semiconductors were worth $723,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. ORG Wealth Partners LLC increased its position in NXP Semiconductors by 915.4% during the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after buying an additional 119 shares during the period. FSA Wealth Management LLC acquired a new stake in NXP Semiconductors in the 3rd quarter valued at about $33,000. Fortitude Family Office LLC raised its holdings in shares of NXP Semiconductors by 52.4% in the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after acquiring an additional 75 shares during the last quarter. Avior Wealth Management LLC grew its stake in NXP Semiconductors by 182.1% in the 3rd quarter. Avior Wealth Management LLC now owns 220 shares of the semiconductor provider’s stock worth $53,000 after acquiring an additional 142 shares during the period. Finally, Fairfield Financial Advisors LTD acquired a new position in shares of NXP Semiconductors during the 2nd quarter valued at about $54,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on NXPI. StockNews.com upgraded NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Thursday, January 2nd. Stifel Nicolaus dropped their target price on shares of NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating on the stock in a report on Thursday, October 17th. UBS Group decreased their target price on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Truist Financial decreased their price objective on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Finally, Mizuho set a $290.00 price target on NXP Semiconductors in a research note on Friday, October 18th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $273.19.

NXP Semiconductors Price Performance

Shares of NXPI traded down $0.39 during trading hours on Monday, reaching $206.36. 1,030,761 shares of the stock traded hands, compared to its average volume of 1,973,022. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. NXP Semiconductors has a 52-week low of $201.58 and a 52-week high of $296.08. The company’s 50-day moving average price is $219.62 and its two-hundred day moving average price is $237.91. The company has a market cap of $52.45 billion, a P/E ratio of 19.69, a price-to-earnings-growth ratio of 4.37 and a beta of 1.47.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.43 by $0.02. The firm had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The company’s revenue for the quarter was down 5.4% on a year-over-year basis. During the same period in the prior year, the business posted $3.31 earnings per share. On average, analysts anticipate that NXP Semiconductors will post 11.33 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were given a dividend of $1.014 per share. The ex-dividend date was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a yield of 1.97%. NXP Semiconductors’s dividend payout ratio is currently 38.65%.

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.