Vantage Investment Partners LLC Acquires 1,972 Shares of NXP Semiconductors (NASDAQ:NXPI)

Vantage Investment Partners LLC lifted its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,017 shares of the semiconductor provider’s stock after purchasing an additional 1,972 shares during the quarter. Vantage Investment Partners LLC’s holdings in NXP Semiconductors were worth $6,447,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. ORG Wealth Partners LLC raised its holdings in NXP Semiconductors by 915.4% during the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after buying an additional 119 shares in the last quarter. FSA Wealth Management LLC acquired a new position in shares of NXP Semiconductors during the 3rd quarter valued at about $33,000. Sound Income Strategies LLC increased its holdings in shares of NXP Semiconductors by 169.2% during the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after acquiring an additional 88 shares during the last quarter. Brooklyn Investment Group raised its stake in shares of NXP Semiconductors by 69.5% in the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock valued at $33,000 after acquiring an additional 66 shares in the last quarter. Finally, Fortitude Family Office LLC lifted its holdings in NXP Semiconductors by 52.4% in the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after purchasing an additional 75 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NXP Semiconductors stock opened at $215.08 on Tuesday. The firm has a market capitalization of $54.66 billion, a P/E ratio of 20.52, a P/E/G ratio of 3.25 and a beta of 1.47. The stock has a fifty day moving average price of $216.79 and a two-hundred day moving average price of $233.77. NXP Semiconductors has a 52-week low of $202.25 and a 52-week high of $296.08. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. The business had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.25 billion. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The firm’s revenue for the quarter was down 5.4% on a year-over-year basis. During the same quarter last year, the company posted $3.31 EPS. As a group, analysts anticipate that NXP Semiconductors will post 11.33 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is currently 38.74%.

Analysts Set New Price Targets

Several brokerages have commented on NXPI. Oppenheimer lowered their price target on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. Loop Capital assumed coverage on NXP Semiconductors in a research report on Monday, November 11th. They issued a “buy” rating and a $300.00 price target on the stock. 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. StockNews.com raised NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. Finally, Mizuho set a $290.00 price target on NXP Semiconductors in a report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, NXP Semiconductors currently has an average rating of “Moderate Buy” and an average price target of $270.85.

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.