Cozad Asset Management Inc. Sells 24,652 Shares of NXP Semiconductors (NASDAQ:NXPI)

Cozad Asset Management Inc. decreased its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 78.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,675 shares of the semiconductor provider’s stock after selling 24,652 shares during the quarter. Cozad Asset Management Inc.’s holdings in NXP Semiconductors were worth $1,387,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. HITE Hedge Asset Management LLC bought a new position in shares of NXP Semiconductors in the third quarter worth about $13,445,000. Merit Financial Group LLC bought a new position in shares of NXP Semiconductors in the fourth quarter worth about $360,000. Strategic Financial Concepts LLC bought a new position in shares of NXP Semiconductors in the fourth quarter worth about $46,000. Banque Cantonale Vaudoise lifted its holdings in shares of NXP Semiconductors by 60.2% in the third quarter. Banque Cantonale Vaudoise now owns 25,850 shares of the semiconductor provider’s stock worth $6,204,000 after acquiring an additional 9,710 shares during the last quarter. Finally, Austin Private Wealth LLC lifted its holdings in shares of NXP Semiconductors by 140.6% in the fourth quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider’s stock worth $665,000 after acquiring an additional 1,869 shares during the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI opened at $209.83 on Tuesday. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The stock’s fifty day simple moving average is $215.88 and its two-hundred day simple moving average is $224.05. NXP Semiconductors has a 1-year low of $198.21 and a 1-year high of $296.08. The stock has a market cap of $53.22 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 3.01 and a beta of 1.47.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th will be paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend is Wednesday, March 19th. NXP Semiconductors’s dividend payout ratio (DPR) is presently 41.62%.

Analyst Ratings Changes

A number of research firms have recently commented on NXPI. The Goldman Sachs Group reissued a “buy” rating on shares of NXP Semiconductors in a report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their price objective on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $250.00 price objective on shares of NXP Semiconductors in a report on Tuesday, February 4th. Barclays dropped their price objective 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. Finally, Mizuho raised their price objective on shares of NXP Semiconductors from $240.00 to $255.00 and gave the company an “outperform” rating in a report on Thursday, February 20th. Four equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $267.00.

NXP Semiconductors Company 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.