Natural Investments LLC Buys New Holdings in NXP Semiconductors (NASDAQ:NXPI)

Natural Investments LLC purchased a new position in shares of NXP Semiconductors (NASDAQ:NXPI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,482 shares of the semiconductor provider’s stock, valued at approximately $308,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp grew its holdings in NXP Semiconductors by 1.3% during the third quarter. State Street Corp now owns 10,675,415 shares of the semiconductor provider’s stock worth $2,572,694,000 after acquiring an additional 139,641 shares during the period. Geode Capital Management LLC grew its stake in shares of NXP Semiconductors by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,145,932 shares of the semiconductor provider’s stock worth $1,231,533,000 after purchasing an additional 57,762 shares during the period. Franklin Resources Inc. increased its holdings in shares of NXP Semiconductors by 2.1% during the 3rd quarter. Franklin Resources Inc. now owns 4,459,689 shares of the semiconductor provider’s stock valued at $1,063,322,000 after purchasing an additional 93,129 shares in the last quarter. Van ECK Associates Corp boosted its holdings in NXP Semiconductors by 27.1% during the fourth quarter. Van ECK Associates Corp now owns 3,865,446 shares of the semiconductor provider’s stock worth $803,432,000 after buying an additional 824,317 shares in the last quarter. Finally, Janus Henderson Group PLC grew its position in NXP Semiconductors by 0.7% during the third quarter. Janus Henderson Group PLC now owns 2,730,933 shares of the semiconductor provider’s stock valued at $655,453,000 after buying an additional 20,145 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Stock Down 0.7 %

Shares of NASDAQ:NXPI opened at $204.45 on Thursday. NXP Semiconductors has a 52-week low of $198.21 and a 52-week high of $296.08. The stock has a market cap of $51.85 billion, a P/E ratio of 21.01, a PEG ratio of 3.01 and a beta of 1.47. The business has a fifty day moving average of $216.10 and a two-hundred day moving average of $225.15. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 19th will be issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date is Wednesday, March 19th. NXP Semiconductors’s dividend payout ratio is currently 41.62%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on NXPI shares. Stifel Nicolaus lowered their target price on shares of NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating on the stock in a research note on Wednesday, February 5th. Wells Fargo & Company initiated coverage on NXP Semiconductors in a report on Friday, November 22nd. They issued an “overweight” rating and a $250.00 price target for the company. Truist Financial raised their price objective on NXP Semiconductors from $245.00 to $258.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Citigroup raised NXP Semiconductors from a “neutral” rating to a “buy” rating and upped their target price for the stock from $210.00 to $290.00 in a research note on Thursday, February 20th. Finally, JPMorgan Chase & Co. cut their price target on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.