Dakota Wealth Management Acquires 531 Shares of NXP Semiconductors (NASDAQ:NXPI)

Dakota Wealth Management lifted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 9.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,158 shares of the semiconductor provider’s stock after buying an additional 531 shares during the period. Dakota Wealth Management’s holdings in NXP Semiconductors were worth $1,280,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. State Street Corp increased its holdings in shares of NXP Semiconductors by 1.3% in the 3rd quarter. State Street Corp now owns 10,675,415 shares of the semiconductor provider’s stock worth $2,572,694,000 after buying an additional 139,641 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of NXP Semiconductors by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 5,145,932 shares of the semiconductor provider’s stock worth $1,231,533,000 after buying an additional 57,762 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of NXP Semiconductors by 2.1% during the 3rd quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider’s stock worth $1,063,322,000 after purchasing an additional 93,129 shares during the period. Van ECK Associates Corp boosted its stake in shares of 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 purchasing an additional 1,222,736 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of NXP Semiconductors by 0.7% during the 3rd quarter. Janus Henderson Group PLC now owns 2,730,933 shares of the semiconductor provider’s stock worth $655,453,000 after purchasing an additional 20,145 shares during the period. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Trading Up 1.8 %

NASDAQ NXPI opened at $219.88 on Friday. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99. The firm has a market cap of $55.88 billion, a PE ratio of 20.98, a price-to-earnings-growth ratio of 3.24 and a beta of 1.47. The company has a 50 day moving average price of $216.94 and a 200 day moving average price of $234.94. NXP Semiconductors has a 52 week low of $202.25 and a 52 week 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, topping the consensus estimate of $3.43 by $0.02. The firm had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.25 billion. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. NXP Semiconductors’s revenue was down 5.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.31 EPS. As a group, sell-side analysts forecast that NXP Semiconductors will post 11.33 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were paid 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 1.84%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.74%.

Analysts Set New Price Targets

NXPI has been the subject of a number of recent analyst reports. UBS Group dropped their price target on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Susquehanna dropped their price target on shares of NXP Semiconductors from $250.00 to $235.00 and set a “neutral” rating for the company in a research note on Wednesday. Barclays dropped their price target on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Evercore ISI lowered their price objective 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, TD Cowen lowered their price objective on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating for the company in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $270.85.

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.