Core Alternative Capital Purchases 1,875 Shares of NXP Semiconductors (NASDAQ:NXPI)

Core Alternative Capital increased its position in NXP Semiconductors (NASDAQ:NXPI) by 9.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,380 shares of the semiconductor provider’s stock after buying an additional 1,875 shares during the quarter. Core Alternative Capital’s holdings in NXP Semiconductors were worth $4,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. ORG Wealth Partners LLC grew its position in shares of NXP Semiconductors by 915.4% in the 4th 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 during the last quarter. Sound Income Strategies LLC lifted its stake in shares of NXP Semiconductors by 169.2% in the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock worth $29,000 after acquiring an additional 88 shares during the period. FSA Wealth Management LLC bought a new stake in NXP Semiconductors in the third quarter valued at approximately $33,000. Brooklyn Investment Group increased its position 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 period. Finally, Fortitude Family Office LLC raised its holdings in NXP Semiconductors by 52.4% during the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after purchasing an additional 75 shares during the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NXPI opened at $210.05 on Tuesday. NXP Semiconductors has a 1-year low of $198.21 and a 1-year high of $296.08. The company has a market cap of $53.39 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 2.64 and a beta of 1.46. The company’s fifty day moving average price is $213.89 and its two-hundred day moving average price is $229.25. 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 firm also recently declared 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 annualized dividend and a yield of 1.93%. NXP Semiconductors’s payout ratio is 41.73%.

Wall Street Analyst Weigh In

NXPI has been the topic of a number of analyst reports. TD Cowen reduced their price objective on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. Citigroup raised shares of NXP Semiconductors from a “sell” rating to a “neutral” rating and upped their price target for the company from $200.00 to $210.00 in a research report on Wednesday, February 5th. Loop Capital began coverage on NXP Semiconductors in a research report on Monday, November 11th. They issued a “buy” rating and a $300.00 price objective for the company. Truist Financial cut their target price 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, Needham & Company LLC lowered their target price on NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $263.15.

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.