Calamos Wealth Management LLC Purchases 5,553 Shares of NXP Semiconductors (NASDAQ:NXPI)

Calamos Wealth Management LLC boosted its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 12.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,651 shares of the semiconductor provider’s stock after purchasing an additional 5,553 shares during the period. Calamos Wealth Management LLC’s holdings in NXP Semiconductors were worth $10,112,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. abrdn plc boosted its holdings in shares of NXP Semiconductors by 3.7% in the fourth quarter. abrdn plc now owns 558,482 shares of the semiconductor provider’s stock valued at $116,122,000 after purchasing an additional 20,031 shares during the period. GDS Wealth Management lifted its position in NXP Semiconductors by 6.4% during the fourth quarter. GDS Wealth Management now owns 59,308 shares of the semiconductor provider’s stock valued at $12,327,000 after acquiring an additional 3,568 shares during the last quarter. JB Capital LLC boosted its position in shares of NXP Semiconductors by 6.2% in the 4th quarter. JB Capital LLC now owns 58,393 shares of the semiconductor provider’s stock worth $12,137,000 after purchasing an additional 3,419 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its holdings in NXP Semiconductors by 6.9% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 3,282 shares of the semiconductor provider’s stock worth $682,000 after acquiring an additional 212 shares in the last quarter. Finally, Greenleaf Trust grew its position in NXP Semiconductors by 3.6% during the 4th quarter. Greenleaf Trust now owns 3,320 shares of the semiconductor provider’s stock worth $690,000 after purchasing an additional 114 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on NXPI shares. Oppenheimer cut their price objective on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. TD Cowen lowered their price target on NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Evercore ISI dropped their price target on NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Truist Financial cut their target price on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Finally, Morgan Stanley lowered their price objective on NXP Semiconductors from $250.00 to $235.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $270.85.

NXP Semiconductors Stock Down 1.8 %

NXPI stock opened at $204.73 on Tuesday. The company’s 50 day simple moving average is $215.79 and its 200-day simple moving average is $231.35. The firm has a market capitalization of $52.03 billion, a P/E ratio of 19.54, a P/E/G ratio of 3.14 and a beta of 1.46. 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 has a 52-week low of $198.21 and a 52-week high of $296.08.

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

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were given a dividend of $1.014 per share. The ex-dividend date was Thursday, December 5th. This represents a $4.06 annualized dividend and a dividend yield of 1.98%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 38.74%.

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.