NXP Semiconductors (NASDAQ:NXPI) Holdings Boosted by RBA Wealth Management LLC

RBA Wealth Management LLC grew its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,484 shares of the semiconductor provider’s stock after buying an additional 588 shares during the period. RBA Wealth Management LLC’s holdings in NXP Semiconductors were worth $2,803,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in NXPI. Calamos Wealth Management LLC increased its stake in shares of NXP Semiconductors by 12.9% during the fourth quarter. Calamos Wealth Management LLC now owns 48,651 shares of the semiconductor provider’s stock valued at $10,112,000 after acquiring an additional 5,553 shares during the period. abrdn plc lifted its stake in shares of NXP Semiconductors by 3.7% in the 4th quarter. abrdn plc now owns 558,482 shares of the semiconductor provider’s stock valued at $116,122,000 after purchasing an additional 20,031 shares during the last quarter. GDS Wealth Management lifted its stake in shares of NXP Semiconductors by 6.4% in the 4th quarter. GDS Wealth Management now owns 59,308 shares of the semiconductor provider’s stock valued at $12,327,000 after purchasing an additional 3,568 shares during the last quarter. JB Capital LLC lifted its stake in shares of NXP Semiconductors by 6.2% in the 4th quarter. JB Capital LLC now owns 58,393 shares of the semiconductor provider’s stock valued at $12,137,000 after purchasing an additional 3,419 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its holdings in NXP Semiconductors by 6.9% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 3,282 shares of the semiconductor provider’s stock worth $682,000 after acquiring an additional 212 shares during the period. Institutional investors own 90.54% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on NXPI. Evercore ISI lowered their target price on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. Wells Fargo & Company started coverage on shares of NXP Semiconductors in a research note on Friday, November 22nd. They set an “overweight” rating and a $250.00 price target for the company. StockNews.com downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $270.00 price objective on shares of NXP Semiconductors in a research report on Monday, November 4th. Finally, Morgan Stanley reduced their target price on shares of NXP Semiconductors from $250.00 to $235.00 and set an “equal weight” rating for the company in a report on Wednesday, November 6th. One research 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $270.85.

NXP Semiconductors Trading Down 1.8 %

NASDAQ:NXPI opened at $204.73 on Tuesday. The business’s 50-day simple moving average is $215.79 and its 200 day simple moving average is $231.35. NXP Semiconductors has a one year low of $198.21 and a one year high of $296.08. The stock has a market cap of $52.03 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 3.14 and a beta of 1.46. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly 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 analyst estimates of $3.25 billion. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. During the same period last year, the company posted $3.31 EPS. As a group, sell-side analysts predict that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were paid a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is 38.74%.

NXP Semiconductors 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.