NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. decreased its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,266,141 shares of the semiconductor provider’s stock after selling 31,167 shares during the quarter. Alliancebernstein L.P.’s holdings in NXP Semiconductors were worth $678,867,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC lifted its stake in NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after acquiring an additional 119 shares during the period. Sound Income Strategies LLC raised its holdings 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 worth $29,000 after purchasing an additional 88 shares during the last quarter. Smithfield Trust Co acquired a new position in NXP Semiconductors during the fourth quarter valued at $32,000. Runnymede Capital Advisors Inc. purchased a new stake in NXP Semiconductors in the fourth quarter valued at $32,000. Finally, FSA Wealth Management LLC acquired a new stake in NXP Semiconductors during the 3rd quarter worth about $33,000. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Insider Buying and Selling

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $204.86, for a total value of $204,860.00. Following the transaction, the chief operating officer now directly owns 8,828 shares of the company’s stock, valued at $1,808,504.08. This trade represents a 10.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.11% of the stock is currently owned by company insiders.

NXP Semiconductors Trading Down 5.0 %

Shares of NXPI stock opened at $189.99 on Monday. NXP Semiconductors has a fifty-two week low of $187.75 and a fifty-two week high of $296.08. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. The stock’s fifty day moving average is $214.68 and its two-hundred day moving average is $221.93. The firm has a market capitalization of $48.19 billion, a P/E ratio of 19.53, a PEG ratio of 3.01 and a beta of 1.47.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th will be paid a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Wednesday, March 19th. NXP Semiconductors’s dividend payout ratio is currently 41.62%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on NXPI shares. The Goldman Sachs Group restated a “buy” rating on shares of NXP Semiconductors in a research note on Tuesday, February 4th. StockNews.com lowered shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Susquehanna lowered their price target on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Citigroup raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $210.00 to $290.00 in a report on Thursday, February 20th. Finally, Morgan Stanley raised shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $231.00 to $257.00 in a research note on Wednesday, February 12th. Four analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $267.00.

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.