Rockefeller Capital Management L.P. Has $3.16 Million Position in NXP Semiconductors (NASDAQ:NXPI)

Rockefeller Capital Management L.P. boosted its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,155 shares of the semiconductor provider’s stock after purchasing an additional 811 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in NXP Semiconductors were worth $3,157,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Chelsea Counsel Co. grew its stake in NXP Semiconductors by 33.3% in the third quarter. Chelsea Counsel Co. now owns 300 shares of the semiconductor provider’s stock valued at $72,000 after acquiring an additional 75 shares during the period. Pine Valley Investments Ltd Liability Co lifted its holdings in shares of NXP Semiconductors by 2.6% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 4,000 shares of the semiconductor provider’s stock valued at $960,000 after purchasing an additional 100 shares in the last quarter. World Investment Advisors LLC grew its position in shares of NXP Semiconductors by 2,103.4% in the 3rd quarter. World Investment Advisors LLC now owns 28,909 shares of the semiconductor provider’s stock valued at $6,938,000 after purchasing an additional 27,597 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in NXP Semiconductors during the 3rd quarter worth approximately $1,574,000. Finally, Tidal Investments LLC increased its stake in NXP Semiconductors by 9.3% during the 3rd quarter. Tidal Investments LLC now owns 18,124 shares of the semiconductor provider’s stock worth $4,350,000 after purchasing an additional 1,542 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analyst Ratings Changes

NXPI has been the subject of several research reports. StockNews.com downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. dropped their price target on NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Citigroup decreased their price objective on NXP Semiconductors from $290.00 to $220.00 and set a “buy” rating for the company in a report on Friday, April 11th. Mizuho boosted their target price on NXP Semiconductors from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Finally, 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 research note on Friday, January 17th. Four investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $261.50.

Insider Transactions at NXP Semiconductors

In other news, COO Andrew Micallef sold 1,000 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the completion of the sale, the chief operating officer now owns 8,828 shares of the company’s stock, valued at approximately $1,808,504.08. The trade was a 10.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.11% of the company’s stock.

NXP Semiconductors Price Performance

NASDAQ:NXPI opened at $170.74 on Friday. The company has a market cap of $43.30 billion, a P/E ratio of 17.55, a P/E/G ratio of 3.01 and a beta of 1.40. The firm’s fifty day moving average price is $201.13 and its two-hundred day moving average price is $214.97. NXP Semiconductors has a one year low of $148.09 and a one year high of $296.08. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $4.06 annualized dividend and a yield of 2.38%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 41.62%.

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.