NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Trust Co. of Vermont

Trust Co. of Vermont increased its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 22.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,599 shares of the semiconductor provider’s stock after acquiring an additional 670 shares during the period. Trust Co. of Vermont’s holdings in NXP Semiconductors were worth $748,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brooklyn Investment Group boosted its position in shares of NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock valued at $33,000 after purchasing an additional 66 shares in the last quarter. Merit Financial Group LLC acquired a new stake in NXP Semiconductors during the fourth quarter valued at approximately $360,000. Wealthcare Advisory Partners LLC boosted its holdings in NXP Semiconductors by 9.2% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 4,220 shares of the semiconductor provider’s stock worth $877,000 after buying an additional 356 shares in the last quarter. Occidental Asset Management LLC grew its position in NXP Semiconductors by 10.6% in the fourth quarter. Occidental Asset Management LLC now owns 8,178 shares of the semiconductor provider’s stock worth $1,700,000 after buying an additional 782 shares during the last quarter. Finally, Central Valley Advisors LLC increased its holdings in shares of NXP Semiconductors by 3.8% in the fourth quarter. Central Valley Advisors LLC now owns 7,869 shares of the semiconductor provider’s stock valued at $1,636,000 after buying an additional 288 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Stock Up 2.2 %

NXPI opened at $215.36 on Friday. The company has a market capitalization of $54.74 billion, a PE ratio of 20.55, a price-to-earnings-growth ratio of 3.11 and a beta of 1.47. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60. NXP Semiconductors has a fifty-two week low of $202.25 and a fifty-two week high of $296.08. The business has a 50-day moving average of $217.51 and a 200-day moving average of $236.39.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. The firm had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.25 billion. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The company’s revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.31 earnings per share. Equities research analysts forecast that NXP Semiconductors will post 11.33 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is presently 38.74%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on NXPI shares. Morgan Stanley decreased their target price on NXP Semiconductors from $250.00 to $235.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 6th. Truist Financial dropped their price target on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Stifel Nicolaus cut their price objective on NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating on the stock in a report on Thursday, October 17th. StockNews.com cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Monday, January 13th. Finally, TD Cowen cut their price target on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a report on Friday, November 8th. One analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $271.60.

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.