Cwm LLC Has $992,000 Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Cwm LLC increased its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 3.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,317 shares of the semiconductor provider’s stock after buying an additional 136 shares during the period. Cwm LLC’s holdings in NXP Semiconductors were worth $992,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. lifted its position in NXP Semiconductors by 46.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 89,297 shares of the semiconductor provider’s stock worth $20,510,000 after buying an additional 28,518 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in NXP Semiconductors by 29.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 125,594 shares of the semiconductor provider’s stock valued at $28,846,000 after purchasing an additional 28,758 shares during the period. Stratos Wealth Partners LTD. lifted its position in NXP Semiconductors by 27.0% during the 4th quarter. Stratos Wealth Partners LTD. now owns 4,788 shares of the semiconductor provider’s stock valued at $1,100,000 after purchasing an additional 1,019 shares during the period. Mackenzie Financial Corp lifted its position in NXP Semiconductors by 15.2% during the 4th quarter. Mackenzie Financial Corp now owns 115,992 shares of the semiconductor provider’s stock valued at $26,641,000 after purchasing an additional 15,283 shares during the period. Finally, Invera Wealth Advisors LLC acquired a new position in NXP Semiconductors during the 4th quarter valued at about $1,786,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

NXPI has been the topic of a number of research reports. Wolfe Research upgraded shares of NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 target price on the stock in a research report on Thursday, January 18th. Cantor Fitzgerald upped their price target on NXP Semiconductors from $270.00 to $290.00 and gave the company an “overweight” rating in a research note on Monday, April 8th. JPMorgan Chase & Co. upped their price target on NXP Semiconductors from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Stifel Nicolaus upped their price target on NXP Semiconductors from $190.00 to $210.00 and gave the company a “hold” rating in a research note on Tuesday, January 2nd. Finally, Susquehanna upped their price target on NXP Semiconductors from $200.00 to $225.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $242.29.

NXP Semiconductors Trading Up 1.9 %

NASDAQ:NXPI opened at $242.70 on Monday. NXP Semiconductors has a twelve month low of $155.31 and a twelve month high of $264.26. 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 moving average price of $241.20 and a two-hundred day moving average price of $219.97. The company has a market cap of $62.15 billion, a P/E ratio of 22.66, a price-to-earnings-growth ratio of 0.92 and a beta of 1.59.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.33 by $0.04. NXP Semiconductors had a return on equity of 38.94% and a net margin of 21.07%. The firm had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.40 billion. As a group, analysts expect that NXP Semiconductors will post 12.21 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were issued a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.67%. The ex-dividend date was Wednesday, March 20th. NXP Semiconductors’s payout ratio is presently 37.82%.

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.