Regents Gate Capital LLP Buys Shares of 49,055 NXP Semiconductors (NASDAQ:NXPI)

Regents Gate Capital LLP purchased a new stake in shares of NXP Semiconductors (NASDAQ:NXPI) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 49,055 shares of the semiconductor provider’s stock, valued at approximately $10,196,000. NXP Semiconductors makes up 4.0% of Regents Gate Capital LLP’s portfolio, making the stock its 4th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Elevate Capital Advisors LLC purchased a new stake in shares of NXP Semiconductors in the 4th quarter valued at about $1,620,000. Kestra Private Wealth Services LLC lifted its position in NXP Semiconductors by 13.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 12,671 shares of the semiconductor provider’s stock valued at $2,634,000 after purchasing an additional 1,533 shares during the last quarter. Visionary Horizons LLC grew its stake in NXP Semiconductors by 10.7% in the 4th quarter. Visionary Horizons LLC now owns 2,452 shares of the semiconductor provider’s stock worth $510,000 after buying an additional 238 shares in the last quarter. Thompson Investment Management Inc. increased its holdings in shares of NXP Semiconductors by 3.7% in the 4th quarter. Thompson Investment Management Inc. now owns 43,711 shares of the semiconductor provider’s stock worth $9,085,000 after buying an additional 1,544 shares during the last quarter. Finally, Empowered Funds LLC raised its position in shares of NXP Semiconductors by 99.2% during the 4th quarter. Empowered Funds LLC now owns 24,492 shares of the semiconductor provider’s stock valued at $5,091,000 after buying an additional 12,195 shares in the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $212.93 on Monday. NXP Semiconductors has a 1 year low of $198.21 and a 1 year high of $296.08. The stock has a market capitalization of $54.12 billion, a P/E ratio of 21.88, a P/E/G ratio of 2.64 and a beta of 1.46. The company’s 50-day moving average is $213.89 and its 200 day moving average is $229.42. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.90%. The ex-dividend date was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is currently 41.73%.

Wall Street Analyst Weigh In

A number of research firms recently commented on NXPI. Stifel Nicolaus reduced their target price on NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating on the stock in a research note on Wednesday, February 5th. Needham & Company LLC dropped their target price on NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Evercore ISI reduced their price target on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Cantor Fitzgerald restated an “overweight” rating and issued a $250.00 price objective on shares of NXP Semiconductors in a report on Tuesday, February 4th. Finally, Barclays reduced their target price on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Six research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $263.15.

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.