Checchi Capital Advisers LLC Has $566,000 Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Checchi Capital Advisers LLC boosted its stake in shares of NXP Semiconductors (NASDAQ:NXPIFree Report) by 7.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,465 shares of the semiconductor provider’s stock after buying an additional 164 shares during the quarter. Checchi Capital Advisers LLC’s holdings in NXP Semiconductors were worth $566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Operose Advisors LLC acquired a new position in shares of NXP Semiconductors in the third quarter valued at $26,000. Valley National Advisers Inc. raised its stake in shares of NXP Semiconductors by 98.6% in the 4th quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock valued at $31,000 after buying an additional 68 shares in the last quarter. Avalon Trust Co bought a new position in shares of NXP Semiconductors during the 4th quarter worth about $42,000. Paradigm Asset Management Co. LLC boosted its position in shares of NXP Semiconductors by 100.0% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 200 shares of the semiconductor provider’s stock valued at $40,000 after acquiring an additional 100 shares in the last quarter. Finally, Atticus Wealth Management LLC increased its stake in NXP Semiconductors by 358.7% in the third quarter. Atticus Wealth Management LLC now owns 211 shares of the semiconductor provider’s stock valued at $42,000 after acquiring an additional 165 shares during the period. 90.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on NXPI shares. StockNews.com raised NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Wednesday, May 8th. Barclays upgraded NXP Semiconductors from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $200.00 to $260.00 in a research report on Tuesday, January 16th. TD Cowen lifted their price objective on NXP Semiconductors from $270.00 to $300.00 and gave the company an “outperform” rating in a report on Tuesday, March 12th. Needham & Company LLC boosted their target price on shares of NXP Semiconductors from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, May 1st. Finally, JPMorgan Chase & Co. increased their target price on shares of NXP Semiconductors from $240.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 1st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $261.60.

View Our Latest Analysis on NXPI

NXP Semiconductors Stock Up 0.8 %

Shares of NXPI stock opened at $263.93 on Tuesday. NXP Semiconductors has a 12-month low of $163.26 and a 12-month high of $266.63. The company has a quick ratio of 1.64, a current ratio of 2.35 and a debt-to-equity ratio of 1.11. The firm has a fifty day moving average of $244.16 and a 200-day moving average of $224.64. The company has a market capitalization of $67.48 billion, a price-to-earnings ratio of 24.37, a P/E/G ratio of 0.95 and a beta of 1.54.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were given a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date was Wednesday, March 20th. NXP Semiconductors’s dividend payout ratio is presently 37.49%.

NXP Semiconductors Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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