Lifeworks Advisors LLC Has $2.20 Million Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Lifeworks Advisors LLC raised its holdings in NXP Semiconductors (NASDAQ:NXPI) by 31.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,586 shares of the semiconductor provider’s stock after buying an additional 2,536 shares during the quarter. Lifeworks Advisors LLC’s holdings in NXP Semiconductors were worth $2,200,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Larson Financial Group LLC boosted its stake in NXP Semiconductors by 99.6% during the fourth quarter. Larson Financial Group LLC now owns 1,810 shares of the semiconductor provider’s stock worth $376,000 after acquiring an additional 903 shares in the last quarter. Intellectus Partners LLC raised its holdings in shares of NXP Semiconductors by 17.4% during the fourth quarter. Intellectus Partners LLC now owns 4,073 shares of the semiconductor provider’s stock valued at $850,000 after purchasing an additional 603 shares during the period. Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of NXP Semiconductors by 184.4% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 286,388 shares of the semiconductor provider’s stock worth $63,374,000 after purchasing an additional 185,688 shares in the last quarter. Andra AP fonden grew its stake in shares of NXP Semiconductors by 1.5% in the 4th quarter. Andra AP fonden now owns 177,634 shares of the semiconductor provider’s stock valued at $36,921,000 after buying an additional 2,634 shares during the period. Finally, Hartford Funds Management Co LLC increased its position in NXP Semiconductors by 15.6% in the 4th quarter. Hartford Funds Management Co LLC now owns 4,041 shares of the semiconductor provider’s stock valued at $840,000 after buying an additional 546 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $222.56 on Friday. The firm has a market capitalization of $56.45 billion, a P/E ratio of 22.87, a price-to-earnings-growth ratio of 3.01 and a beta of 1.47. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The business’s fifty day simple moving average is $216.19 and its 200 day simple moving average is $226.28. NXP Semiconductors has a 12 month low of $198.21 and a 12 month high of $296.08.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th will be issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date is Wednesday, March 19th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 41.62%.

Analyst Ratings Changes

Several brokerages have issued reports on NXPI. Susquehanna cut their price target on NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Stifel Nicolaus cut their target price on NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating on the stock in a report on Wednesday, February 5th. Mizuho lifted their price target on shares of NXP Semiconductors from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. Morgan Stanley upgraded shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $231.00 to $257.00 in a report on Wednesday, February 12th. Finally, StockNews.com cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.