Global Retirement Partners LLC Decreases Holdings in NXP Semiconductors (NASDAQ:NXPI)

Global Retirement Partners LLC reduced its holdings in NXP Semiconductors (NASDAQ:NXPIFree Report) by 8.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,320 shares of the semiconductor provider’s stock after selling 119 shares during the period. Global Retirement Partners LLC’s holdings in NXP Semiconductors were worth $276,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. FMR LLC lifted its stake in shares of NXP Semiconductors by 0.4% in the third quarter. FMR LLC now owns 25,779,812 shares of the semiconductor provider’s stock worth $5,153,900,000 after buying an additional 91,453 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of NXP Semiconductors by 2.0% in the first quarter. Vanguard Group Inc. now owns 10,793,360 shares of the semiconductor provider’s stock worth $1,997,635,000 after buying an additional 210,979 shares in the last quarter. State Street Corp lifted its stake in shares of NXP Semiconductors by 1.8% in the second quarter. State Street Corp now owns 10,194,157 shares of the semiconductor provider’s stock worth $2,096,655,000 after buying an additional 182,173 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of NXP Semiconductors by 2.2% in the first quarter. Geode Capital Management LLC now owns 4,611,435 shares of the semiconductor provider’s stock worth $857,868,000 after buying an additional 98,570 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of NXP Semiconductors by 44.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 4,417,231 shares of the semiconductor provider’s stock worth $823,704,000 after buying an additional 1,360,582 shares in the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Trading Down 2.2 %

Shares of NXPI stock opened at $240.77 on Wednesday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.39 and a current ratio of 1.91. The stock has a market capitalization of $61.75 billion, a P/E ratio of 22.48, a price-to-earnings-growth ratio of 0.93 and a beta of 1.59. The company has a 50 day moving average price of $236.90 and a 200 day moving average price of $215.04. NXP Semiconductors has a fifty-two week low of $155.31 and a fifty-two week high of $264.26.

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

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 10th. Investors of record on Thursday, March 21st will be paid a $1.014 dividend. The ex-dividend date of this dividend is Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a yield of 1.68%. NXP Semiconductors’s dividend payout ratio is currently 37.91%.

Analysts Set New Price Targets

NXPI has been the topic of several research reports. JPMorgan Chase & Co. raised their price target on shares of NXP Semiconductors from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 7th. Barclays upgraded shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $200.00 to $260.00 in a research report on Tuesday, January 16th. Susquehanna raised their price objective on shares of NXP Semiconductors from $200.00 to $225.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. Cantor Fitzgerald restated an “overweight” rating and set a $270.00 price objective on shares of NXP Semiconductors in a research report on Monday, March 4th. Finally, Stifel Nicolaus raised their price objective 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. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, NXP Semiconductors presently has an average rating of “Moderate Buy” and an average target price of $238.75.

Get Our Latest Stock Report on NXPI

NXP Semiconductors Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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