Machina Capital S.A.S. lowered its position in NXP Semiconductors (NASDAQ:NXPI – Free Report) by 20.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,875 shares of the semiconductor provider’s stock after selling 483 shares during the period. Machina Capital S.A.S.’s holdings in NXP Semiconductors were worth $390,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in NXPI. Farther Finance Advisors LLC increased its position in shares of NXP Semiconductors by 11.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,148 shares of the semiconductor provider’s stock valued at $276,000 after buying an additional 114 shares in the last quarter. QRG Capital Management Inc. grew its holdings in shares of NXP Semiconductors by 9.1% in the 3rd quarter. QRG Capital Management Inc. now owns 2,635 shares of the semiconductor provider’s stock valued at $632,000 after acquiring an additional 220 shares in the last quarter. Foster & Motley Inc. bought a new stake in NXP Semiconductors in the 3rd quarter valued at $239,000. Principal Financial Group Inc. raised its holdings in NXP Semiconductors by 1.9% in the 3rd quarter. Principal Financial Group Inc. now owns 303,895 shares of the semiconductor provider’s stock valued at $72,938,000 after acquiring an additional 5,722 shares during the period. Finally, Fiera Capital Corp lifted its holdings in shares of NXP Semiconductors by 63.6% during the third quarter. Fiera Capital Corp now owns 6,001 shares of the semiconductor provider’s stock worth $1,440,000 after buying an additional 2,332 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.
NXP Semiconductors Stock Up 3.8 %
Shares of NASDAQ:NXPI opened at $222.56 on Friday. The company has a market capitalization of $56.45 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 3.01 and a beta of 1.47. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The business has a fifty day moving average price of $216.19 and a two-hundred day moving average price of $226.09. NXP Semiconductors has a 1 year low of $198.21 and a 1 year high of $296.08.
NXP Semiconductors Announces Dividend
Analysts Set New Price Targets
A number of research firms have recently weighed in on NXPI. Citigroup raised NXP Semiconductors from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $210.00 to $290.00 in a report on Thursday, February 20th. Morgan Stanley upgraded NXP Semiconductors from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $231.00 to $257.00 in a report on Wednesday, February 12th. The Goldman Sachs Group reiterated a “buy” rating on shares of NXP Semiconductors in a report on Tuesday, February 4th. StockNews.com lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Finally, Loop Capital began coverage on NXP Semiconductors in a research report on Monday, November 11th. They set a “buy” rating and a $300.00 target price on the stock. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, NXP Semiconductors currently has an average rating of “Moderate Buy” and an average target price of $267.00.
Get Our Latest Stock Report on NXP Semiconductors
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.
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