NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Central Bank & Trust Co.

Central Bank & Trust Co. increased its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 1.1% in the fourth quarter, HoldingsChannel reports. The firm owned 4,412 shares of the semiconductor provider’s stock after acquiring an additional 48 shares during the quarter. Central Bank & Trust Co.’s holdings in NXP Semiconductors were worth $917,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC lifted its stake in NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after acquiring an additional 119 shares during the period. FSA Wealth Management LLC acquired a new position in NXP Semiconductors during the third quarter valued at $33,000. Brooklyn Investment Group boosted its holdings in NXP Semiconductors by 69.5% in the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock valued at $33,000 after purchasing an additional 66 shares during the last quarter. Fortitude Family Office LLC grew its position in NXP Semiconductors by 52.4% during the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after purchasing an additional 75 shares during the period. Finally, Avior Wealth Management LLC raised its stake in shares of NXP Semiconductors by 182.1% during the 3rd quarter. Avior Wealth Management LLC now owns 220 shares of the semiconductor provider’s stock valued at $53,000 after buying an additional 142 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

NXPI has been the topic of a number of recent research reports. StockNews.com downgraded NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Truist Financial dropped their price objective on shares of NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Loop Capital began coverage on shares of NXP Semiconductors in a research note on Monday, November 11th. They issued a “buy” rating and a $300.00 target price for the company. 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 report on Wednesday, November 6th. Finally, The Goldman Sachs Group upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $260.00 to $257.00 in a research report on Friday, January 10th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and a consensus target price of $271.60.

NXP Semiconductors Trading Up 2.2 %

Shares of NXPI stock opened at $215.36 on Tuesday. NXP Semiconductors has a fifty-two week low of $202.25 and a fifty-two week high of $296.08. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35. The stock’s fifty day moving average is $217.51 and its two-hundred day moving average is $235.89. The firm has a market capitalization of $54.74 billion, a P/E ratio of 20.55, a PEG ratio of 3.23 and a beta of 1.47.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.43 by $0.02. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The firm had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.25 billion. During the same period last year, the firm posted $3.31 earnings per share. The company’s revenue for the quarter was down 5.4% on a year-over-year basis. Research analysts expect that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were issued a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is currently 38.74%.

About NXP Semiconductors

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.