NBC Securities Inc. Grows Stake in NXP Semiconductors (NASDAQ:NXPI)

NBC Securities Inc. lifted its stake in NXP Semiconductors (NASDAQ:NXPIFree Report) by 112.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,297 shares of the semiconductor provider’s stock after buying an additional 687 shares during the period. NBC Securities Inc.’s holdings in NXP Semiconductors were worth $297,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. International Assets Investment Management LLC lifted its position in NXP Semiconductors by 21,013.6% during the 4th quarter. International Assets Investment Management LLC now owns 515,172 shares of the semiconductor provider’s stock worth $118,325,000 after acquiring an additional 512,732 shares in the last quarter. Bahl & Gaynor Inc. acquired a new position in shares of NXP Semiconductors during the third quarter worth $59,273,000. Northern Trust Corp boosted its stake in shares of NXP Semiconductors by 10.9% in the third quarter. Northern Trust Corp now owns 2,154,213 shares of the semiconductor provider’s stock valued at $430,670,000 after purchasing an additional 211,927 shares during the period. Toronto Dominion Bank purchased a new position in NXP Semiconductors in the 3rd quarter valued at about $41,270,000. Finally, Van ECK Associates Corp grew its stake in NXP Semiconductors by 15.9% during the 4th quarter. Van ECK Associates Corp now owns 1,319,509 shares of the semiconductor provider’s stock valued at $303,065,000 after purchasing an additional 180,999 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on NXPI shares. Mizuho lifted their price target on shares of NXP Semiconductors from $225.00 to $265.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 1st. Wolfe Research upgraded NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price target for the company in a research note on Thursday, January 18th. Barclays raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $200.00 to $260.00 in a report on Tuesday, January 16th. Argus boosted their price target on NXP Semiconductors from $260.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Finally, Needham & Company LLC lifted their price objective on shares of NXP Semiconductors from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, NXP Semiconductors presently has an average rating of “Moderate Buy” and an average price target of $261.60.

Read Our Latest Stock Analysis on NXP Semiconductors

NXP Semiconductors Stock Up 1.4 %

Shares of NXP Semiconductors stock opened at $267.66 on Wednesday. NXP Semiconductors has a 1-year low of $163.26 and a 1-year high of $268.43. The company has a market capitalization of $68.44 billion, a P/E ratio of 24.71, a PEG ratio of 0.96 and a beta of 1.54. The business’s fifty day moving average price is $244.36 and its two-hundred day moving average price is $225.23. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.35 and a quick ratio of 1.64.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were paid a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 annualized dividend and a yield of 1.52%. NXP Semiconductors’s payout ratio is 37.49%.

NXP Semiconductors Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors (NASDAQ:NXPIFree Report).

Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.