NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Ossiam

Ossiam grew its stake in NXP Semiconductors (NASDAQ:NXPIFree Report) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,475 shares of the semiconductor provider’s stock after buying an additional 234 shares during the period. Ossiam’s holdings in NXP Semiconductors were worth $1,717,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Operose Advisors LLC purchased a new stake in NXP Semiconductors in the 3rd quarter valued at $26,000. FinTrust Capital Advisors LLC raised its position in NXP Semiconductors by 75.4% in the 4th quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock valued at $26,000 after purchasing an additional 49 shares during the last quarter. Valley National Advisers Inc. raised its position in NXP Semiconductors by 98.6% during the 4th quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock worth $31,000 after buying an additional 68 shares during the last quarter. Atticus Wealth Management LLC raised its position in NXP Semiconductors by 358.7% during the 3rd quarter. Atticus Wealth Management LLC now owns 211 shares of the semiconductor provider’s stock worth $42,000 after buying an additional 165 shares during the last quarter. Finally, Avalon Trust Co purchased a new position in NXP Semiconductors during the 4th quarter worth $42,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NXPI shares. Truist Financial upped their price objective on shares of NXP Semiconductors from $265.00 to $291.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. The Goldman Sachs Group upped their price objective on shares of NXP Semiconductors from $240.00 to $275.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. TD Cowen upped their price objective on shares of NXP Semiconductors from $270.00 to $300.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 12th. Jefferies Financial Group assumed coverage on shares of NXP Semiconductors in a research report on Monday, May 13th. They set a “buy” rating and a $325.00 price objective for the company. Finally, Cantor Fitzgerald increased their price target on shares of NXP Semiconductors from $290.00 to $325.00 and gave the company an “overweight” rating in a report on Wednesday, May 15th. One research analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.80.

View Our Latest Stock Analysis on NXPI

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $276.85 on Tuesday. NXP Semiconductors has a 12-month low of $167.21 and a 12-month high of $282.22. The stock has a market capitalization of $70.79 billion, a P/E ratio of 25.56, a P/E/G ratio of 2.54 and a beta of 1.50. The firm’s 50-day moving average is $255.06 and its two-hundred day moving average is $237.23. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.35 and a quick ratio of 1.64.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last released its quarterly earnings results on Monday, April 29th. The semiconductor provider reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.07. NXP Semiconductors had a net margin of 21.24% and a return on equity of 37.65%. The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.13 billion. Equities analysts predict that NXP Semiconductors will post 12.47 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 10th. Shareholders of record on Thursday, June 13th will be paid a dividend of $1.014 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $4.06 annualized dividend and a dividend yield of 1.47%. NXP Semiconductors’s dividend payout ratio is currently 37.49%.

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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