Sather Financial Group Inc Has $39.86 Million Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Sather Financial Group Inc increased its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 0.1% in the fourth quarter, Holdings Channel reports. The firm owned 191,765 shares of the semiconductor provider’s stock after buying an additional 151 shares during the quarter. NXP Semiconductors accounts for approximately 2.5% of Sather Financial Group Inc’s holdings, making the stock its 18th biggest holding. Sather Financial Group Inc’s holdings in NXP Semiconductors were worth $39,858,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Portfolio Design Labs LLC acquired a new position in NXP Semiconductors during the fourth quarter valued at approximately $209,000. Peterson Wealth Services lifted its holdings in NXP Semiconductors by 13.0% during the fourth quarter. Peterson Wealth Services now owns 1,998 shares of the semiconductor provider’s stock worth $415,000 after acquiring an additional 230 shares in the last quarter. Core Alternative Capital lifted its holdings in shares of NXP Semiconductors by 9.6% during the 4th quarter. Core Alternative Capital now owns 21,380 shares of the semiconductor provider’s stock valued at $4,444,000 after purchasing an additional 1,875 shares in the last quarter. Regents Gate Capital LLP bought a new stake in NXP Semiconductors during the 4th quarter worth approximately $10,196,000. Finally, Elevate Capital Advisors LLC acquired a new stake in NXP Semiconductors during the 4th quarter worth approximately $1,620,000. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NXPI has been the subject of several research reports. Cantor Fitzgerald reissued an “overweight” rating and set a $250.00 price objective on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Stifel Nicolaus dropped their target price on NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating on the stock in a research report on Wednesday, February 5th. Needham & Company LLC cut their price objective on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. The Goldman Sachs Group raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and decreased their target price for the company from $260.00 to $257.00 in a research report on Friday, January 10th. Finally, Evercore ISI cut their price target on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Six investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $263.15.

NXP Semiconductors Stock Up 0.4 %

NXP Semiconductors stock opened at $210.97 on Wednesday. NXP Semiconductors has a twelve month low of $198.21 and a twelve month high of $296.08. The stock has a market cap of $53.62 billion, a P/E ratio of 21.68, a P/E/G ratio of 2.64 and a beta of 1.46. The company’s 50-day moving average price is $213.42 and its two-hundred day moving average price is $228.99. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s payout ratio is 41.73%.

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.