NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,425,212 shares of the semiconductor provider’s stock after acquiring an additional 31,431 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in NXP Semiconductors were worth $296,230,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NXPI. Steward Partners Investment Advisory LLC increased its holdings in shares of NXP Semiconductors by 2.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 55,797 shares of the semiconductor provider’s stock worth $11,597,000 after buying an additional 1,503 shares during the last quarter. Jones Financial Companies Lllp increased its stake in NXP Semiconductors by 30.0% during the fourth quarter. Jones Financial Companies Lllp now owns 13,123 shares of the semiconductor provider’s stock worth $2,728,000 after acquiring an additional 3,025 shares during the last quarter. SRS Capital Advisors Inc. raised its position in NXP Semiconductors by 2,997.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,301 shares of the semiconductor provider’s stock valued at $270,000 after purchasing an additional 1,259 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of NXP Semiconductors by 20.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 529 shares of the semiconductor provider’s stock valued at $110,000 after purchasing an additional 90 shares during the last quarter. Finally, Metis Global Partners LLC grew its holdings in shares of NXP Semiconductors by 5.3% during the 4th quarter. Metis Global Partners LLC now owns 12,853 shares of the semiconductor provider’s stock worth $2,671,000 after purchasing an additional 647 shares during the period. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

NXPI has been the topic of a number of recent analyst reports. StockNews.com cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. Citigroup raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and raised their price target for the company from $210.00 to $290.00 in a research report on Thursday, February 20th. Wells Fargo & Company began coverage on NXP Semiconductors in a research report on Friday, November 22nd. They set an “overweight” rating and a $250.00 price objective on the stock. Needham & Company LLC decreased their target price on NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. reduced their price target on NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $267.00.

NXP Semiconductors Stock Up 2.7 %

NXPI opened at $216.77 on Thursday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. NXP Semiconductors has a one year low of $198.21 and a one year high of $296.08. The business’s 50-day simple moving average is $216.02 and its 200-day simple moving average is $226.61. The stock has a market capitalization of $54.98 billion, a P/E ratio of 22.28, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46.

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.