Mount Yale Investment Advisors LLC Increases Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Mount Yale Investment Advisors LLC boosted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 141.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,056 shares of the semiconductor provider’s stock after purchasing an additional 8,224 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in NXP Semiconductors were worth $2,922,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NXPI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of NXP Semiconductors by 387.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,294,340 shares of the semiconductor provider’s stock worth $550,665,000 after purchasing an additional 1,823,650 shares during the last quarter. Van ECK Associates Corp raised its position in NXP Semiconductors by 67.2% during the 3rd quarter. Van ECK Associates Corp now owns 3,041,129 shares of the semiconductor provider’s stock worth $718,680,000 after buying an additional 1,222,736 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of NXP Semiconductors by 337.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,924 shares of the semiconductor provider’s stock worth $225,591,000 after acquiring an additional 724,951 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of NXP Semiconductors by 24,533.2% in the third quarter. International Assets Investment Management LLC now owns 514,341 shares of the semiconductor provider’s stock valued at $123,447,000 after acquiring an additional 512,253 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in shares of NXP Semiconductors by 1,172.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 555,189 shares of the semiconductor provider’s stock worth $115,396,000 after acquiring an additional 511,553 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on NXPI shares. Needham & Company LLC reduced their price objective on shares of NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Truist Financial decreased their price target on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $270.00 price objective on shares of NXP Semiconductors in a research report on Monday, November 4th. Loop Capital began coverage on NXP Semiconductors in a report on Monday, November 11th. They issued a “buy” rating and a $300.00 target price for the company. Finally, TD Cowen lowered their price target on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average target price of $270.85.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI opened at $213.43 on Monday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.60 and a current ratio of 2.35. The business’s fifty day moving average price is $216.79 and its two-hundred day moving average price is $233.77. The stock has a market cap of $54.25 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 3.25 and a beta of 1.47. NXP Semiconductors has a one year low of $202.25 and a one year high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The business had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.25 billion. During the same quarter last year, the company earned $3.31 earnings per share. The business’s revenue for the quarter was down 5.4% compared to the same quarter last year. On average, analysts forecast that NXP Semiconductors will post 11.33 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were given a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is presently 38.74%.

NXP Semiconductors Company 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.