Pure Financial Advisors LLC Raises Holdings in NXP Semiconductors (NASDAQ:NXPI)

Pure Financial Advisors LLC lifted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 8.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,399 shares of the semiconductor provider’s stock after buying an additional 194 shares during the quarter. Pure Financial Advisors LLC’s holdings in NXP Semiconductors were worth $499,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. ORG Wealth Partners LLC grew its stake in shares of NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after purchasing an additional 119 shares during the period. FSA Wealth Management LLC purchased a new stake in NXP Semiconductors during the third quarter worth about $33,000. Brooklyn Investment Group boosted its holdings in NXP Semiconductors by 69.5% during the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after buying an additional 66 shares in the last quarter. Fortitude Family Office LLC grew its position in NXP Semiconductors by 52.4% during the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after buying an additional 75 shares during the period. Finally, Avior Wealth Management LLC increased its holdings in NXP Semiconductors by 182.1% in the third quarter. Avior Wealth Management LLC now owns 220 shares of the semiconductor provider’s stock valued at $53,000 after buying an additional 142 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on NXPI. Susquehanna lowered their price target on NXP Semiconductors from $260.00 to $250.00 and set a “neutral” rating on the stock in a report on Wednesday, November 6th. Morgan Stanley lowered their target price on NXP Semiconductors from $250.00 to $235.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 6th. Needham & Company LLC cut their price target on NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. UBS Group lowered their price objective on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Finally, Barclays cut their target price on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average price target of $271.60.

NXP Semiconductors Trading Down 0.2 %

Shares of NXPI stock opened at $214.88 on Wednesday. NXP Semiconductors has a 1-year low of $202.25 and a 1-year high of $296.08. The firm’s 50-day simple moving average is $217.27 and its 200-day simple moving average is $235.49. The firm has a market cap of $54.61 billion, a P/E ratio of 20.50, a PEG ratio of 3.23 and a beta of 1.47. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60.

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

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were paid a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.89%. NXP Semiconductors’s dividend payout ratio is presently 38.74%.

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.