Seelaus Asset Management LLC Has $575,000 Position in NXP Semiconductors (NASDAQ:NXPI)

Seelaus Asset Management LLC increased its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 5.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,771 shares of the semiconductor provider’s stock after buying an additional 155 shares during the quarter. Seelaus Asset Management LLC’s holdings in NXP Semiconductors were worth $575,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Crumly & Associates Inc. raised its holdings in NXP Semiconductors by 2.0% in the 3rd quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock valued at $546,000 after buying an additional 45 shares during the last quarter. Sterling Investment Counsel LLC lifted its holdings in NXP Semiconductors by 5.7% during the 3rd quarter. Sterling Investment Counsel LLC now owns 850 shares of the semiconductor provider’s stock worth $204,000 after buying an additional 46 shares during the period. Ascent Group LLC grew its position in shares of NXP Semiconductors by 0.4% in the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider’s stock valued at $3,000,000 after buying an additional 46 shares during the last quarter. Central Bank & Trust Co. raised its position in shares of NXP Semiconductors by 1.1% during the fourth quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock worth $917,000 after acquiring an additional 48 shares during the last quarter. Finally, Patrick M Sweeney & Associates Inc. lifted its stake in shares of NXP Semiconductors by 6.4% in the third quarter. Patrick M Sweeney & Associates Inc. now owns 864 shares of the semiconductor provider’s stock worth $207,000 after acquiring an additional 52 shares during the period. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $212.93 on Friday. 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 firm’s 50-day simple moving average is $213.89 and its 200 day simple moving average is $229.65. The stock has a market cap of $54.12 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 2.64 and a beta of 1.46. NXP Semiconductors has a fifty-two week low of $198.21 and a fifty-two week high of $296.08.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were given a dividend of $1.014 per share. The ex-dividend date was Thursday, December 5th. This represents a $4.06 annualized dividend and a dividend yield of 1.90%. NXP Semiconductors’s payout ratio is 41.73%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on NXPI shares. UBS Group dropped their price target on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Stifel Nicolaus lowered 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. JPMorgan Chase & Co. cut their target price on NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a research report on Wednesday. Evercore ISI lowered their target price on NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Finally, Oppenheimer dropped their price target on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. Six investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average target price of $263.15.

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.