Bank OZK Buys 414 Shares of NXP Semiconductors (NASDAQ:NXPI)

Bank OZK increased its holdings in NXP Semiconductors (NASDAQ:NXPI) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,525 shares of the semiconductor provider’s stock after acquiring an additional 414 shares during the quarter. Bank OZK’s holdings in NXP Semiconductors were worth $1,980,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. SVB Wealth LLC bought a new stake in NXP Semiconductors during the 4th quarter valued at about $604,000. Tower Bridge Advisors boosted its holdings in shares of NXP Semiconductors by 13.6% in the fourth quarter. Tower Bridge Advisors now owns 4,805 shares of the semiconductor provider’s stock worth $999,000 after buying an additional 575 shares during the last quarter. Motco boosted its holdings in shares of NXP Semiconductors by 2.6% in the fourth quarter. Motco now owns 27,673 shares of the semiconductor provider’s stock worth $5,752,000 after buying an additional 711 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of NXP Semiconductors by 5.8% in the fourth quarter. Private Trust Co. NA now owns 968 shares of the semiconductor provider’s stock worth $201,000 after buying an additional 53 shares during the last quarter. Finally, Argyle Capital Management LLC bought a new stake in NXP Semiconductors during the 4th quarter worth approximately $841,000. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $215.59 on Friday. The company has a market capitalization of $54.68 billion, a PE ratio of 22.16, a P/E/G ratio of 3.01 and a beta of 1.46. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. The company has a 50-day simple moving average of $216.03 and a two-hundred day simple moving average of $227.50. NXP Semiconductors has a one year low of $198.21 and a one year high of $296.08.

Wall Street Analysts Forecast Growth

NXPI has been the topic of a number of recent analyst reports. Barclays decreased their target price 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 restated a “buy” rating on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Needham & Company LLC dropped their price objective on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Evercore ISI lowered their target price on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research note on Wednesday, November 6th. Finally, Citigroup raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and boosted their target price for the company from $210.00 to $290.00 in a research note on Thursday, February 20th. Four research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $267.00.

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.