Hantz Financial Services Inc. Trims Holdings in NXP Semiconductors (NASDAQ:NXPI)

Hantz Financial Services Inc. cut its stake in NXP Semiconductors (NASDAQ:NXPI) by 1.2% during the 4th quarter, HoldingsChannel reports. The fund owned 10,086 shares of the semiconductor provider’s stock after selling 126 shares during the period. Hantz Financial Services Inc.’s holdings in NXP Semiconductors were worth $2,096,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in NXPI. Foster Victor Wealth Advisors LLC lifted its position in shares of NXP Semiconductors by 18.1% during the fourth quarter. Foster Victor Wealth Advisors LLC now owns 48,704 shares of the semiconductor provider’s stock worth $10,489,000 after purchasing an additional 7,477 shares during the last quarter. Asset Dedication LLC lifted its stake in NXP Semiconductors by 126.6% during the fourth quarter. Asset Dedication LLC now owns 358 shares of the semiconductor provider’s stock worth $74,000 after purchasing an additional 200 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its stake in NXP Semiconductors by 12.8% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 3,056 shares of the semiconductor provider’s stock worth $635,000 after purchasing an additional 346 shares during the last quarter. Vantage Investment Partners LLC boosted its holdings in NXP Semiconductors by 6.8% in the fourth quarter. Vantage Investment Partners LLC now owns 31,017 shares of the semiconductor provider’s stock worth $6,447,000 after purchasing an additional 1,972 shares during the period. Finally, BankPlus Wealth Management LLC bought a new stake in NXP Semiconductors during the fourth quarter valued at $215,000. 90.54% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Barclays decreased their price target on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Needham & Company LLC lowered their target price on NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. The Goldman Sachs Group raised NXP Semiconductors from a “neutral” rating to a “buy” rating and cut their price target for the stock from $260.00 to $257.00 in a report on Friday, January 10th. Susquehanna lowered their price objective on NXP Semiconductors from $250.00 to $235.00 and set a “neutral” rating for the company in a research note on Wednesday, January 22nd. Finally, Truist Financial cut their target price on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $270.85.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock opened at $211.39 on Friday. NXP Semiconductors has a 52 week low of $202.25 and a 52 week high of $296.08. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The stock has a market cap of $53.73 billion, a PE ratio of 20.17, a price-to-earnings-growth ratio of 3.25 and a beta of 1.47. The company’s 50-day moving average price is $216.41 and its two-hundred day moving average price is $232.74.

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

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.92%. NXP Semiconductors’s payout ratio is presently 38.74%.

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.