Realta Investment Advisors lessened its holdings in NXP Semiconductors (NASDAQ:NXPI – Free Report) by 8.0% during the fourth quarter, HoldingsChannel reports. The fund owned 1,436 shares of the semiconductor provider’s stock after selling 125 shares during the quarter. Realta Investment Advisors’ holdings in NXP Semiconductors were worth $300,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in NXPI. Golden State Wealth Management LLC bought a new position in shares of NXP Semiconductors in the fourth quarter valued at approximately $329,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in NXP Semiconductors by 1.8% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 28,021 shares of the semiconductor provider’s stock valued at $5,824,000 after buying an additional 496 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in NXP Semiconductors by 0.9% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 916,677 shares of the semiconductor provider’s stock valued at $190,531,000 after acquiring an additional 8,153 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in NXP Semiconductors during the 4th quarter worth $46,000. Finally, Telos Capital Management Inc. grew its stake in shares of NXP Semiconductors by 1.0% in the 4th quarter. Telos Capital Management Inc. now owns 53,723 shares of the semiconductor provider’s stock worth $11,166,000 after acquiring an additional 512 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.
NXP Semiconductors Stock Performance
Shares of NXPI stock opened at $212.93 on Friday. NXP Semiconductors has a 12 month low of $198.21 and a 12 month high of $296.08. The stock has a market capitalization of $54.12 billion, a P/E ratio of 20.32, a PEG ratio of 3.14 and a beta of 1.46. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The firm’s 50 day moving average is $214.22 and its 200 day moving average is $230.15.
NXP Semiconductors Announces Dividend
Wall Street Analyst Weigh In
NXPI has been the topic of a number of recent analyst reports. Loop Capital started coverage on shares of NXP Semiconductors in a research report on Monday, November 11th. They set a “buy” rating and a $300.00 price target on the stock. Barclays dropped their target price on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Wells Fargo & Company assumed coverage on NXP Semiconductors in a report on Friday, November 22nd. They issued an “overweight” rating and a $250.00 target price for the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $250.00 price target on shares of NXP Semiconductors in a report on Tuesday. Finally, StockNews.com downgraded NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Six research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, NXP Semiconductors presently has an average rating of “Moderate Buy” and a consensus price target of $263.15.
Read Our Latest Stock Report on NXPI
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.
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