NXP Semiconductors (NASDAQ:NXPI) Holdings Raised by Empowered Funds LLC

Empowered Funds LLC increased its stake in NXP Semiconductors (NASDAQ:NXPI) by 99.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,492 shares of the semiconductor provider’s stock after purchasing an additional 12,195 shares during the quarter. Empowered Funds LLC’s holdings in NXP Semiconductors were worth $5,091,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. CWM LLC grew its position in NXP Semiconductors by 14.8% during the 3rd quarter. CWM LLC now owns 5,044 shares of the semiconductor provider’s stock worth $1,211,000 after purchasing an additional 649 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of NXP Semiconductors by 2,095.6% in the third quarter. Exchange Traded Concepts LLC now owns 5,489 shares of the semiconductor provider’s stock worth $1,317,000 after buying an additional 5,239 shares during the period. Occidental Asset Management LLC grew its holdings in shares of NXP Semiconductors by 6.0% during the third quarter. Occidental Asset Management LLC now owns 7,396 shares of the semiconductor provider’s stock valued at $1,775,000 after buying an additional 417 shares in the last quarter. Zhang Financial LLC raised its position in NXP Semiconductors by 19.6% during the third quarter. Zhang Financial LLC now owns 4,281 shares of the semiconductor provider’s stock valued at $1,028,000 after buying an additional 701 shares during the period. Finally, Lockerman Financial Group Inc. lifted its stake in NXP Semiconductors by 9.1% in the 3rd quarter. Lockerman Financial Group Inc. now owns 1,200 shares of the semiconductor provider’s stock worth $288,000 after acquiring an additional 100 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $210.97 on Wednesday. The company has a market capitalization of $53.62 billion, a PE ratio of 21.68, a price-to-earnings-growth ratio of 2.64 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. NXP Semiconductors has a one year low of $198.21 and a one year high of $296.08. The company’s fifty day moving average price is $213.42 and its 200 day moving average price is $228.99.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were paid a dividend of $1.014 per share. The ex-dividend date was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.92%. NXP Semiconductors’s payout ratio is 41.73%.

Analysts Set New Price Targets

Several equities analysts have weighed in on NXPI shares. Citigroup raised NXP Semiconductors from a “sell” rating to a “neutral” rating and lifted their target price for the company from $200.00 to $210.00 in a research note on Wednesday, February 5th. Barclays dropped their price objective on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. The Goldman Sachs Group raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and decreased their target price for the company from $260.00 to $257.00 in a research note on Friday, January 10th. UBS Group dropped their price target on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Finally, Loop Capital initiated coverage on NXP Semiconductors in a research report on Monday, November 11th. They set a “buy” rating and a $300.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $263.15.

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.