1,007 Shares in NXP Semiconductors (NASDAQ:NXPI) Acquired by Portfolio Design Labs LLC

Portfolio Design Labs LLC acquired a new stake in shares of NXP Semiconductors (NASDAQ:NXPI) in the fourth quarter, Holdings Channel.com reports. The firm acquired 1,007 shares of the semiconductor provider’s stock, valued at approximately $209,000.

Other large investors also recently bought and sold shares of the company. ORG Wealth Partners LLC increased its holdings in NXP Semiconductors by 915.4% in the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after buying an additional 119 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of NXP Semiconductors by 169.2% during the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after acquiring an additional 88 shares during the last quarter. FSA Wealth Management LLC acquired a new position in NXP Semiconductors in the 3rd quarter valued at $33,000. Brooklyn Investment Group raised its position in shares of NXP Semiconductors by 69.5% in the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock valued at $33,000 after buying an additional 66 shares during the last quarter. Finally, Fortitude Family Office LLC grew its stake in NXP Semiconductors by 52.4% during the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock valued at $45,000 after acquiring an additional 75 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Trading Up 4.2 %

Shares of NXP Semiconductors stock opened at $219.79 on Thursday. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. NXP Semiconductors has a 12-month low of $198.21 and a 12-month high of $296.08. The stock has a market cap of $55.86 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 2.64 and a beta of 1.46. The company has a fifty day simple moving average of $213.08 and a 200-day simple moving average of $228.68.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were given a $1.014 dividend. The ex-dividend date was Thursday, December 5th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.85%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 41.73%.

Analysts Set New Price Targets

A number of research firms have weighed in on NXPI. JPMorgan Chase & Co. decreased their target price on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Susquehanna reduced their price objective on NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Oppenheimer dropped their target price on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Citigroup upgraded NXP Semiconductors from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $200.00 to $210.00 in a report on Wednesday, February 5th. Finally, Wells Fargo & Company assumed coverage on shares of NXP Semiconductors in a research report on Friday, November 22nd. They set an “overweight” rating and a $250.00 price target on the stock. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $264.45.

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.