Intellectus Partners LLC Has $850,000 Holdings in NXP Semiconductors (NASDAQ:NXPI)

Intellectus Partners LLC grew its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 17.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,073 shares of the semiconductor provider’s stock after acquiring an additional 603 shares during the period. Intellectus Partners LLC’s holdings in NXP Semiconductors were worth $850,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of NXPI. Farther Finance Advisors LLC lifted its position in NXP Semiconductors by 11.0% during the third quarter. Farther Finance Advisors LLC now owns 1,148 shares of the semiconductor provider’s stock worth $276,000 after acquiring an additional 114 shares during the last quarter. QRG Capital Management Inc. lifted its position in NXP Semiconductors by 9.1% during the third quarter. QRG Capital Management Inc. now owns 2,635 shares of the semiconductor provider’s stock worth $632,000 after acquiring an additional 220 shares during the last quarter. Foster & Motley Inc. acquired a new stake in NXP Semiconductors during the third quarter worth approximately $239,000. Principal Financial Group Inc. lifted its position in NXP Semiconductors by 1.9% during the third quarter. Principal Financial Group Inc. now owns 303,895 shares of the semiconductor provider’s stock worth $72,938,000 after acquiring an additional 5,722 shares during the last quarter. Finally, Fiera Capital Corp lifted its position in NXP Semiconductors by 63.6% during the third quarter. Fiera Capital Corp now owns 6,001 shares of the semiconductor provider’s stock worth $1,440,000 after acquiring an additional 2,332 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on NXPI shares. Susquehanna lowered their target price on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Needham & Company LLC lowered their target price on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Morgan Stanley raised shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $231.00 to $257.00 in a report on Wednesday, February 12th. StockNews.com cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of NXP Semiconductors in a report on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $267.00.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $222.56 on Friday. The firm’s fifty day moving average price is $216.19 and its two-hundred day moving average price is $226.09. The stock has a market cap of $56.45 billion, a PE ratio of 22.87, a PEG ratio of 3.01 and a beta of 1.47. NXP Semiconductors has a fifty-two week low of $198.21 and a fifty-two week high of $296.08. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th will be paid a dividend of $1.014 per share. The ex-dividend date is Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.82%. NXP Semiconductors’s payout ratio is presently 41.62%.

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.