Signaturefd LLC Reduces Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Signaturefd LLC lessened its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,589 shares of the semiconductor provider’s stock after selling 161 shares during the quarter. Signaturefd LLC’s holdings in NXP Semiconductors were worth $954,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in NXPI. ORG Wealth Partners LLC grew its stake in NXP Semiconductors by 915.4% during the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after purchasing an additional 119 shares during the last quarter. Sound Income Strategies LLC grew its stake in NXP Semiconductors by 169.2% during the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after purchasing an additional 88 shares during the last quarter. Smithfield Trust Co purchased a new stake in NXP Semiconductors during the 4th quarter valued at about $32,000. FSA Wealth Management LLC purchased a new stake in NXP Semiconductors during the 3rd quarter valued at about $33,000. Finally, Brooklyn Investment Group grew its stake in NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock valued at $33,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, COO Andrew Micallef sold 1,000 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $204.86, for a total transaction of $204,860.00. Following the completion of the transaction, the chief operating officer now owns 8,828 shares of the company’s stock, valued at $1,808,504.08. This represents a 10.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.11% of the company’s stock.

Analyst Upgrades and Downgrades

NXPI has been the topic of several research analyst reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $250.00 price target on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Barclays lowered their target price on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Morgan Stanley upgraded NXP Semiconductors from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $231.00 to $257.00 in a research note on Wednesday, February 12th. StockNews.com downgraded NXP Semiconductors from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Finally, Mizuho upped their target price on NXP Semiconductors from $240.00 to $255.00 and gave the stock an “outperform” rating in a research note on Thursday, February 20th. Four equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $267.00.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $207.10 on Wednesday. The stock has a 50-day moving average of $215.77 and a 200 day moving average of $223.71. NXP Semiconductors has a twelve month low of $198.21 and a twelve month high of $296.08. The stock has a market capitalization of $52.52 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 3.01 and a beta of 1.47. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th will be issued a dividend of $1.014 per share. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.96%. NXP Semiconductors’s payout ratio is currently 41.62%.

NXP Semiconductors 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.