NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Retirement Guys Formula LLC

Retirement Guys Formula LLC reduced its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,161 shares of the semiconductor provider’s stock after selling 114 shares during the period. Retirement Guys Formula LLC’s holdings in NXP Semiconductors were worth $1,073,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NXPI. ORG Wealth Partners LLC increased its position in NXP Semiconductors by 915.4% during the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after purchasing an additional 119 shares during the last quarter. Sound Income Strategies LLC increased its position in shares of NXP Semiconductors by 169.2% during the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after acquiring an additional 88 shares during the last quarter. FSA Wealth Management LLC acquired a new stake in shares of NXP Semiconductors during the third quarter valued at about $33,000. Brooklyn Investment Group increased its position in shares of NXP Semiconductors by 69.5% during the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock valued at $33,000 after acquiring an additional 66 shares during the last quarter. Finally, Fortitude Family Office LLC increased its position in shares of NXP Semiconductors by 52.4% during the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock valued at $45,000 after acquiring an additional 75 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on NXPI. Needham & Company LLC dropped their price target on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Stifel Nicolaus dropped their price target on shares of NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating for the company in a research report on Wednesday, February 5th. StockNews.com cut shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. Evercore ISI dropped their price target on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Finally, Loop Capital initiated coverage on shares of NXP Semiconductors in a research report on Monday, November 11th. They set a “buy” rating and a $300.00 price target for the company. Five investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $264.45.

NXP Semiconductors Stock Up 0.4 %

Shares of NXP Semiconductors stock opened at $210.97 on Wednesday. The company has a market capitalization of $53.62 billion, a P/E ratio of 21.68, a P/E/G ratio of 2.64 and a beta of 1.46. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. NXP Semiconductors has a 52-week low of $198.21 and a 52-week high of $296.08. The company has a 50 day moving average of $213.42 and a 200 day moving average of $228.99.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 annualized dividend and a dividend yield of 1.92%. NXP Semiconductors’s dividend payout ratio is presently 41.73%.

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.