NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC increased its position in NXP Semiconductors (NASDAQ:NXPI) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,046 shares of the semiconductor provider’s stock after acquiring an additional 437 shares during the period. Exencial Wealth Advisors LLC’s holdings in NXP Semiconductors were worth $1,049,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Crumly & Associates Inc. increased its holdings in shares of NXP Semiconductors by 2.0% in the 3rd quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock worth $546,000 after acquiring an additional 45 shares during the period. Ascent Group LLC grew its position in 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 in the last quarter. Central Bank & Trust Co. grew its position in NXP Semiconductors by 1.1% in the 4th quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock valued at $917,000 after buying an additional 48 shares in the last quarter. Parkside Financial Bank & Trust grew its position in NXP Semiconductors by 9.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 573 shares of the semiconductor provider’s stock valued at $119,000 after buying an additional 51 shares in the last quarter. Finally, Private Trust Co. NA grew its position in NXP Semiconductors by 5.8% in the 4th quarter. Private Trust Co. NA now owns 968 shares of the semiconductor provider’s stock valued at $201,000 after buying an additional 53 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

NASDAQ NXPI opened at $216.77 on Thursday. The company has a 50 day simple moving average of $216.02 and a 200-day simple moving average of $226.61. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The firm has a market capitalization of $54.98 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46. NXP Semiconductors has a 52-week low of $198.21 and a 52-week high of $296.08.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NXPI. Morgan Stanley upgraded shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $231.00 to $257.00 in a research report on Wednesday, February 12th. Loop Capital started coverage on shares of NXP Semiconductors in a research report on Monday, November 11th. They issued a “buy” rating and a $300.00 target price for the company. Wells Fargo & Company started coverage on shares of NXP Semiconductors in a research report on Friday, November 22nd. They set an “overweight” rating and a $250.00 price objective for the company. Mizuho raised their price objective on shares of NXP Semiconductors from $240.00 to $255.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. Finally, Barclays reduced their price objective on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, NXP Semiconductors has an average rating of “Moderate Buy” and a consensus price target of $267.00.

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.