NXP Semiconductors (NASDAQ:NXPI) Shares Bought by United Community Bank

United Community Bank grew its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 32.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 506 shares of the semiconductor provider’s stock after purchasing an additional 125 shares during the quarter. United Community Bank’s holdings in NXP Semiconductors were worth $105,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Ascent Group LLC boosted its stake in shares of NXP Semiconductors by 0.4% during the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider’s stock worth $3,000,000 after purchasing an additional 46 shares during the last quarter. Central Bank & Trust Co. boosted its position in shares of NXP Semiconductors by 1.1% in 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. Parkside Financial Bank & Trust boosted its position in shares of NXP Semiconductors by 9.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 573 shares of the semiconductor provider’s stock worth $119,000 after acquiring an additional 51 shares during the last quarter. Private Trust Co. NA boosted its position in shares of NXP Semiconductors by 5.8% in the fourth quarter. Private Trust Co. NA now owns 968 shares of the semiconductor provider’s stock worth $201,000 after acquiring an additional 53 shares during the last quarter. Finally, Trustmark National Bank Trust Department boosted its position in shares of NXP Semiconductors by 6.8% in the third quarter. Trustmark National Bank Trust Department now owns 921 shares of the semiconductor provider’s stock worth $221,000 after acquiring an additional 59 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Stock Up 3.8 %

Shares of NASDAQ:NXPI opened at $222.56 on Monday. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The company has a fifty day simple moving average of $216.19 and a 200 day simple moving average of $225.89. The firm has a market cap of $56.45 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 3.01 and a beta of 1.47. NXP Semiconductors has a 12-month low of $198.21 and a 12-month high of $296.08.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th will be paid a $1.014 dividend. The ex-dividend date is Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.82%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 41.62%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on NXPI shares. Citigroup raised shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and raised their target price for the stock from $210.00 to $290.00 in a research report on Thursday, February 20th. Truist Financial raised their target price on shares of NXP Semiconductors from $245.00 to $258.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. Mizuho raised their target price on shares of NXP Semiconductors from $240.00 to $255.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. Susquehanna cut their price target on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $250.00 price target on shares of NXP Semiconductors in a report on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $267.00.

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.