NXP Semiconductors (NASDAQ:NXPI) Receives $270.85 Consensus Target Price from Analysts

NXP Semiconductors (NASDAQ:NXPI) has been given a consensus recommendation of “Moderate Buy” by the nineteen analysts that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $263.15.

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. decreased their price objective on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Barclays decreased their price target on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Stifel Nicolaus dropped their price objective on NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating for the company in a research report on Wednesday, February 5th. Morgan Stanley decreased their target price on NXP Semiconductors from $235.00 to $231.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 5th. Finally, Mizuho set a $290.00 target price on shares of NXP Semiconductors in a report on Friday, October 18th.

NXP Semiconductors Price Performance

NXPI stock opened at $212.93 on Monday. The company’s 50-day moving average price is $213.89 and its two-hundred day moving average price is $229.42. The firm has a market cap of $54.12 billion, a P/E ratio of 21.88, 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 12 month low of $198.21 and a 12 month high of $296.08.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were paid 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 of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is currently 41.62%.

Institutional Trading of NXP Semiconductors

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. ORG Wealth Partners LLC boosted its stake in shares of NXP Semiconductors by 915.4% in the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after purchasing an additional 119 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in NXP Semiconductors by 169.2% in the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after buying an additional 88 shares during the period. Smithfield Trust Co bought a new stake in NXP Semiconductors during the fourth quarter valued at $32,000. FSA Wealth Management LLC acquired a new stake in NXP Semiconductors during the 3rd quarter worth about $33,000. Finally, Brooklyn Investment Group raised its position in shares of NXP Semiconductors by 69.5% in the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after acquiring an additional 66 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

About NXP Semiconductors

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.