Hantz Financial Services Inc. Has $2.45 Million Stake in NXP Semiconductors (NASDAQ:NXPI)

Hantz Financial Services Inc. boosted its position in NXP Semiconductors (NASDAQ:NXPI) by 1.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 10,212 shares of the semiconductor provider’s stock after buying an additional 111 shares during the quarter. Hantz Financial Services Inc.’s holdings in NXP Semiconductors were worth $2,451,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Cetera Investment Advisers increased its stake in shares of NXP Semiconductors by 155.5% in the 1st quarter. Cetera Investment Advisers now owns 68,747 shares of the semiconductor provider’s stock valued at $17,034,000 after acquiring an additional 41,845 shares during the last quarter. Cetera Advisors LLC boosted its position in NXP Semiconductors by 152.7% during the 1st quarter. Cetera Advisors LLC now owns 10,200 shares of the semiconductor provider’s stock worth $2,527,000 after acquiring an additional 6,163 shares during the last quarter. Transcend Capital Advisors LLC acquired a new position in NXP Semiconductors during the second quarter worth $490,000. GAMMA Investing LLC increased its stake in NXP Semiconductors by 71.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,917 shares of the semiconductor provider’s stock valued at $516,000 after buying an additional 797 shares during the last quarter. Finally, First Hawaiian Bank increased its stake in NXP Semiconductors by 37.3% in the 2nd quarter. First Hawaiian Bank now owns 7,386 shares of the semiconductor provider’s stock valued at $1,987,000 after buying an additional 2,006 shares during the last quarter. Institutional investors own 90.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on NXPI shares. Oppenheimer lowered their target price on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Evercore ISI lowered their price target on NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Citic Securities initiated coverage on NXP Semiconductors in a report on Friday, October 11th. They issued a $288.00 price objective for the company. Needham & Company LLC decreased their target price on shares of NXP Semiconductors from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Finally, Loop Capital assumed 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 on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, NXP Semiconductors has an average rating of “Moderate Buy” and a consensus target price of $274.14.

Insiders Place Their Bets

In other news, EVP Jennifer Wuamett sold 3,500 shares of the company’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $232.35, for a total transaction of $813,225.00. Following the completion of the sale, the executive vice president now directly owns 30,269 shares in the company, valued at approximately $7,033,002.15. This represents a 10.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.11% of the company’s stock.

NXP Semiconductors Stock Performance

NASDAQ:NXPI opened at $229.37 on Friday. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The stock has a 50 day simple moving average of $233.14 and a 200 day simple moving average of $250.28. NXP Semiconductors has a 1-year low of $201.58 and a 1-year high of $296.08. The stock has a market cap of $58.30 billion, a P/E ratio of 21.89, a PEG ratio of 4.57 and a beta of 1.49.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, topping 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 company had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.25 billion. During the same quarter last year, the firm earned $3.31 earnings per share. The company’s revenue was down 5.4% on a year-over-year basis. Research analysts anticipate that NXP Semiconductors will post 11.33 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th will be issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is currently 38.65%.

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.