NXP Semiconductors (NASDAQ:NXPI) Downgraded to Hold at StockNews.com

StockNews.com downgraded shares of NXP Semiconductors (NASDAQ:NXPI) from a buy rating to a hold rating in a report published on Monday morning.

A number of other research analysts have also recently weighed in on NXPI. Mizuho boosted their target price on shares of NXP Semiconductors from $220.00 to $225.00 and gave the company a neutral rating in a research note on Wednesday, February 7th. TD Cowen boosted their target price 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. Susquehanna boosted their target price on shares of NXP Semiconductors from $200.00 to $225.00 and gave the company a neutral rating in a research note on Wednesday, February 7th. Morgan Stanley boosted their target price on shares of NXP Semiconductors from $221.00 to $224.00 and gave the company an equal weight rating in a research note on Wednesday, February 7th. Finally, Stifel Nicolaus boosted their target price on shares of NXP Semiconductors from $190.00 to $210.00 and gave the company a hold rating in a research note on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of Moderate Buy and an average target price of $239.58.

NXP Semiconductors Trading Up 1.6 %

NXPI opened at $244.92 on Monday. The company has a current ratio of 1.91, a quick ratio of 1.39 and a debt-to-equity ratio of 1.14. The company has a fifty day moving average price of $239.14 and a two-hundred day moving average price of $216.63. The company has a market cap of $62.81 billion, a P/E ratio of 22.87, a price-to-earnings-growth ratio of 0.91 and a beta of 1.59. NXP Semiconductors has a 1-year low of $155.31 and a 1-year high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 EPS for the quarter, topping 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 the consensus estimate of $3.40 billion. Analysts predict that NXP Semiconductors will post 12.28 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st will be issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Wednesday, March 20th. NXP Semiconductors’s payout ratio is 37.91%.

Hedge Funds Weigh In On NXP Semiconductors

A number of institutional investors have recently made changes to their positions in NXPI. Live Oak Investment Partners bought a new position in shares of NXP Semiconductors in the 4th quarter worth $26,000. Operose Advisors LLC bought a new position in shares of NXP Semiconductors in the 3rd quarter worth $26,000. FinTrust Capital Advisors LLC increased its holdings in shares of NXP Semiconductors by 75.4% in the 4th quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock worth $26,000 after buying an additional 49 shares during the last quarter. Fortis Capital Advisors LLC purchased a new stake in shares of NXP Semiconductors in the 4th quarter valued at $27,000. Finally, BluePath Capital Management LLC purchased a new stake in shares of NXP Semiconductors in the 3rd quarter valued at $28,000. Institutional investors own 90.54% of the company’s stock.

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.