NXP Semiconductors (NASDAQ:NXPI) Shares Sold by UMB Bank n.a.

UMB Bank n.a. lessened its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,665 shares of the semiconductor provider’s stock after selling 165 shares during the period. UMB Bank n.a.’s holdings in NXP Semiconductors were worth $970,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Federated Hermes Inc. grew its holdings in shares of NXP Semiconductors by 33.5% during the second quarter. Federated Hermes Inc. now owns 1,617 shares of the semiconductor provider’s stock valued at $435,000 after purchasing an additional 406 shares during the last quarter. Edgestream Partners L.P. acquired a new position in NXP Semiconductors during the 2nd quarter valued at approximately $258,000. Benjamin F. Edwards & Company Inc. grew its stake in NXP Semiconductors by 9.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 627 shares of the semiconductor provider’s stock worth $169,000 after buying an additional 54 shares during the last quarter. AE Wealth Management LLC increased its position in NXP Semiconductors by 9.1% in the second quarter. AE Wealth Management LLC now owns 8,144 shares of the semiconductor provider’s stock worth $2,191,000 after buying an additional 682 shares during the period. Finally, Pacer Advisors Inc. lifted its stake in NXP Semiconductors by 1.0% in the second quarter. Pacer Advisors Inc. now owns 30,658 shares of the semiconductor provider’s stock valued at $8,250,000 after buying an additional 292 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on NXPI shares. 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 report on Wednesday, November 6th. Oppenheimer dropped their price target on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. Stifel Nicolaus reduced their price objective on NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating for the company in a research report on Thursday, October 17th. The Goldman Sachs Group upgraded NXP Semiconductors from a “neutral” rating to a “buy” rating and lowered their target price for the company from $260.00 to $257.00 in a research report on Friday, January 10th. Finally, Citic Securities assumed coverage on NXP Semiconductors in a research report on Friday, October 11th. They set a $288.00 price target for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus target price of $271.60.

NXP Semiconductors Stock Down 0.2 %

Shares of NXP Semiconductors stock opened at $214.88 on Wednesday. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99. NXP Semiconductors has a 12-month low of $202.25 and a 12-month high of $296.08. The firm has a market capitalization of $54.61 billion, a PE ratio of 20.50, a price-to-earnings-growth ratio of 3.23 and a beta of 1.47. The stock’s fifty day moving average is $217.27 and its 200-day moving average is $235.49.

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

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.89%. The ex-dividend date was Thursday, December 5th. NXP Semiconductors’s payout ratio is 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.