Xponance Inc. Has $5.35 Million Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Xponance Inc. lifted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 6.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,277 shares of the semiconductor provider’s stock after acquiring an additional 1,356 shares during the period. Xponance Inc.’s holdings in NXP Semiconductors were worth $5,346,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in NXPI. Operose Advisors LLC acquired a new position in NXP Semiconductors during the 3rd quarter valued at about $26,000. Valley National Advisers Inc. lifted its holdings in shares of NXP Semiconductors by 98.6% in the fourth quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock valued at $31,000 after purchasing an additional 68 shares in the last quarter. BluePath Capital Management LLC purchased a new position in shares of NXP Semiconductors during the third quarter valued at approximately $28,000. Live Oak Investment Partners bought a new stake in NXP Semiconductors during the fourth quarter worth $26,000. Finally, First Capital Advisors Group LLC. bought a new stake in NXP Semiconductors during the second quarter worth $35,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Trading Down 1.9 %

NXP Semiconductors stock opened at $215.12 on Friday. NXP Semiconductors has a 52-week low of $155.31 and a 52-week high of $264.26. The company has a market cap of $55.09 billion, a P/E ratio of 20.09, a P/E/G ratio of 0.81 and a beta of 1.59. The company has a quick ratio of 1.39, a current ratio of 1.91 and a debt-to-equity ratio of 1.14. The business has a 50-day simple moving average of $241.39 and a two-hundred day simple moving average of $218.68.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) 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 company had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.40 billion. Analysts predict that NXP Semiconductors will post 12.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were paid a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $4.06 annualized dividend and a dividend yield of 1.89%. NXP Semiconductors’s dividend payout ratio (DPR) is 37.91%.

Analysts Set New Price Targets

Several equities analysts have weighed in on NXPI shares. Wolfe Research upgraded NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price objective on the stock in a research note on Thursday, January 18th. StockNews.com raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Tuesday, April 16th. Evercore ISI began coverage on shares of NXP Semiconductors in a research report on Tuesday, April 16th. They issued an “outperform” rating and a $300.00 price objective for the company. TD Cowen increased their price objective on shares of NXP Semiconductors from $270.00 to $300.00 and gave the company an “outperform” rating in a research note on Tuesday, March 12th. Finally, Truist Financial boosted their target price on NXP Semiconductors from $264.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. One 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $242.29.

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.