NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Albion Financial Group UT

Albion Financial Group UT increased its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 263.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 690 shares of the semiconductor provider’s stock after purchasing an additional 500 shares during the period. Albion Financial Group UT’s holdings in NXP Semiconductors were worth $143,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Crumly & Associates Inc. grew its position 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 valued at $546,000 after buying an additional 45 shares during the last quarter. Sterling Investment Counsel LLC boosted its stake in NXP Semiconductors by 5.7% in the third quarter. Sterling Investment Counsel LLC now owns 850 shares of the semiconductor provider’s stock valued at $204,000 after acquiring an additional 46 shares in the last quarter. Ascent Group LLC grew its holdings in shares of NXP Semiconductors by 0.4% during the third 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. grew its holdings in shares of NXP Semiconductors by 1.1% during the fourth quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock worth $917,000 after purchasing an additional 48 shares during the last quarter. Finally, Farmers National Bank increased its position in shares of NXP Semiconductors by 6.1% during the second quarter. Farmers National Bank now owns 899 shares of the semiconductor provider’s stock worth $242,000 after purchasing an additional 52 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on NXPI. Citic Securities initiated coverage on NXP Semiconductors in a research note on Friday, October 11th. They set a $288.00 price target on the stock. The Goldman Sachs Group upgraded shares of NXP Semiconductors from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $260.00 to $257.00 in a research report on Friday, January 10th. Loop Capital initiated coverage on shares of NXP Semiconductors in a report on Monday, November 11th. They issued a “buy” rating and a $300.00 target price on the stock. Stifel Nicolaus decreased their price target on shares of NXP Semiconductors from $275.00 to $260.00 and set a “hold” rating for the company in a research note on Thursday, October 17th. Finally, StockNews.com upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $270.85.

NXP Semiconductors Stock Performance

NASDAQ:NXPI opened at $216.09 on Thursday. The firm’s fifty day simple moving average is $217.08 and its 200-day simple moving average is $235.07. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99. The stock has a market cap of $54.92 billion, a PE ratio of 20.62, a price-to-earnings-growth ratio of 3.24 and a beta of 1.47. NXP Semiconductors has a fifty-two week low of $202.25 and a fifty-two week high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. The company had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.25 billion. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The firm’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period last year, the company posted $3.31 earnings per share. Analysts expect that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a yield of 1.88%. NXP Semiconductors’s payout ratio is 38.74%.

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.