NXP Semiconductors (NASDAQ:NXPI) Holdings Lifted by Telos Capital Management Inc.

Telos Capital Management Inc. boosted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 1.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 53,723 shares of the semiconductor provider’s stock after purchasing an additional 512 shares during the quarter. NXP Semiconductors accounts for about 1.2% of Telos Capital Management Inc.’s portfolio, making the stock its 23rd biggest position. Telos Capital Management Inc.’s holdings in NXP Semiconductors were worth $11,166,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. GDS Wealth Management raised its position in shares of NXP Semiconductors by 7.7% during the third quarter. GDS Wealth Management now owns 55,740 shares of the semiconductor provider’s stock worth $13,378,000 after purchasing an additional 3,985 shares during the period. HITE Hedge Asset Management LLC purchased a new position in NXP Semiconductors in the 3rd quarter worth about $13,445,000. Merit Financial Group LLC purchased a new position in NXP Semiconductors in the 4th quarter worth about $360,000. Banque Cantonale Vaudoise raised its holdings in NXP Semiconductors by 60.2% during the 3rd quarter. Banque Cantonale Vaudoise now owns 25,850 shares of the semiconductor provider’s stock worth $6,204,000 after buying an additional 9,710 shares during the period. Finally, Austin Private Wealth LLC lifted its stake in NXP Semiconductors by 140.6% during the fourth quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider’s stock valued at $665,000 after buying an additional 1,869 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

NXP Semiconductors Trading Up 1.7 %

NXP Semiconductors stock opened at $216.82 on Friday. NXP Semiconductors has a one year low of $198.21 and a one year high of $296.08. The company’s fifty day moving average price is $214.42 and its two-hundred day moving average price is $230.24. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60. The company has a market capitalization of $55.11 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 3.14 and a beta of 1.46.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The business had revenue of $3.25 billion for the quarter, compared to analyst estimates of $3.25 billion. During the same quarter in the prior year, the firm posted $3.31 EPS. The firm’s revenue for the quarter was down 5.4% on a year-over-year basis. On average, analysts forecast that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a dividend of $1.014 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.87%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.74%.

Analysts Set New Price Targets

Several research firms have recently weighed in on NXPI. Morgan Stanley dropped their target price on shares of NXP Semiconductors from $235.00 to $231.00 and set an “equal weight” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. cut 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. Evercore ISI decreased their target price on NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Truist Financial dropped their price target on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Finally, Susquehanna decreased their price objective on NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating for the company in a research report on Wednesday. Six research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $263.15.

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.