NXP Semiconductors (NASDAQ:NXPI) Shares Purchased by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. raised its stake in NXP Semiconductors (NASDAQ:NXPI) by 3.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,954 shares of the semiconductor provider’s stock after buying an additional 566 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in NXP Semiconductors were worth $3,409,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Operose Advisors LLC purchased a new stake in NXP Semiconductors in the 3rd quarter valued at $26,000. BluePath Capital Management LLC purchased a new stake in NXP Semiconductors in the 3rd quarter valued at $28,000. Valley National Advisers Inc. grew its holdings in NXP Semiconductors by 98.6% in the 4th quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock valued at $31,000 after buying an additional 68 shares in the last quarter. Paradigm Asset Management Co. LLC grew its holdings in NXP Semiconductors by 100.0% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 200 shares of the semiconductor provider’s stock valued at $40,000 after buying an additional 100 shares in the last quarter. Finally, Atticus Wealth Management LLC grew its holdings in NXP Semiconductors by 358.7% in the 3rd quarter. Atticus Wealth Management LLC now owns 211 shares of the semiconductor provider’s stock valued at $42,000 after buying an additional 165 shares in the last quarter. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

NXP Semiconductors Stock Up 1.4 %

NXPI stock traded up $3.59 during mid-day trading on Friday, reaching $257.85. The company had a trading volume of 2,513,186 shares, compared to its average volume of 2,493,474. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.39 and a current ratio of 2.35. The company has a market capitalization of $65.93 billion, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 0.94 and a beta of 1.54. The firm has a fifty day simple moving average of $242.96 and a 200 day simple moving average of $221.56. NXP Semiconductors has a fifty-two week low of $161.23 and a fifty-two week high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.33 by $0.04. The company had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.40 billion. NXP Semiconductors had a return on equity of 37.65% and a net margin of 21.24%. Analysts forecast that NXP Semiconductors will post 12.21 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were given a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend was Wednesday, March 20th. NXP Semiconductors’s dividend payout ratio is currently 37.49%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. UBS Group upped their target price on NXP Semiconductors from $230.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday. Wolfe Research upgraded NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price target for the company in a report on Thursday, January 18th. The Goldman Sachs Group increased their price target on NXP Semiconductors from $240.00 to $275.00 and gave the stock a “neutral” rating in a report on Wednesday. TD Cowen increased their price target on NXP Semiconductors from $270.00 to $300.00 and gave the stock an “outperform” rating in a report on Tuesday, March 12th. Finally, Oppenheimer increased their price target on NXP Semiconductors from $250.00 to $295.00 and gave the stock an “outperform” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $257.72.

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.