J. W. Coons Advisors LLC Raises Stock Position in NXP Semiconductors (NASDAQ:NXPI)

J. W. Coons Advisors LLC boosted its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,972 shares of the semiconductor provider’s stock after purchasing an additional 60 shares during the period. J. W. Coons Advisors LLC’s holdings in NXP Semiconductors were worth $618,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. ORG Wealth Partners LLC grew its holdings in NXP Semiconductors by 915.4% during 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 in the last quarter. FSA Wealth Management LLC acquired a new stake in NXP Semiconductors during the 3rd quarter valued at $33,000. Sound Income Strategies LLC grew its holdings in NXP Semiconductors by 169.2% during the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after purchasing an additional 88 shares in the last quarter. Brooklyn Investment Group grew its holdings in NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock valued at $33,000 after purchasing an additional 66 shares in the last quarter. Finally, Fortitude Family Office LLC grew its holdings in NXP Semiconductors by 52.4% during the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock valued at $45,000 after purchasing an additional 75 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. UBS Group decreased their price objective on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Evercore ISI decreased their price objective on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Barclays decreased their price objective on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Needham & Company LLC decreased their price objective on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Finally, Oppenheimer decreased their price objective on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat, NXP Semiconductors has an average rating of “Moderate Buy” and an average price target of $267.00.

NXP Semiconductors Trading Down 3.8 %

Shares of NASDAQ:NXPI opened at $236.52 on Monday. The company has a market cap of $60.11 billion, a PE ratio of 24.31, a P/E/G ratio of 3.01 and a beta of 1.46. The company’s 50-day moving average price is $214.86 and its 200 day moving average price is $227.92. NXP Semiconductors has a fifty-two week low of $198.21 and a fifty-two week high of $296.08. 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 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.