Heck Capital Advisors LLC Makes New Investment in NXP Semiconductors (NASDAQ:NXPI)

Heck Capital Advisors LLC acquired a new stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,519 shares of the semiconductor provider's stock, valued at approximately $524,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC acquired a new position in shares of NXP Semiconductors during the 4th quarter worth approximately $46,000. Austin Private Wealth LLC grew its holdings in shares of NXP Semiconductors by 140.6% during the 4th quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider's stock worth $665,000 after purchasing an additional 1,869 shares during the period. Asset Management One Co. Ltd. increased its position in shares of NXP Semiconductors by 2.7% during the fourth quarter. Asset Management One Co. Ltd. now owns 98,558 shares of the semiconductor provider's stock valued at $21,068,000 after acquiring an additional 2,609 shares during the last quarter. Vantage Investment Partners LLC increased its holdings in NXP Semiconductors by 6.8% in the 4th quarter. Vantage Investment Partners LLC now owns 31,017 shares of the semiconductor provider's stock valued at $6,447,000 after purchasing an additional 1,972 shares during the last quarter. Finally, Mutual Advisors LLC acquired a new position in NXP Semiconductors during the 4th quarter worth about $226,000. Hedge funds and other institutional investors own 90.54% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Susquehanna cut 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. Cantor Fitzgerald reiterated an "overweight" rating and issued a $250.00 price objective on shares of NXP Semiconductors in a report on Tuesday, February 4th. Barclays dropped their price target on shares of NXP Semiconductors from $230.00 to $190.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Truist Financial upped their target price on shares of NXP Semiconductors from $245.00 to $258.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Finally, Morgan Stanley set a $229.00 target price on NXP Semiconductors in a research report on Monday, April 21st. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of "Moderate Buy" and an average target price of $246.22.

Insider Buying and Selling

In other news, COO Andrew Micallef sold 1,000 shares of the business's stock in a transaction dated 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 directly owns 8,828 shares in the company, valued at approximately $1,808,504.08. The trade was a 10.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.12% of the stock is currently owned by corporate insiders.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock traded down $6.40 on Friday, hitting $189.49. The company had a trading volume of 4,292,649 shares, compared to its average volume of 2,693,650. The company has a market cap of $47.87 billion, a PE ratio of 19.47, a PEG ratio of 3.01 and a beta of 1.38. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The business has a 50-day simple moving average of $187.09 and a 200-day simple moving average of $206.32. NXP Semiconductors has a 52 week low of $148.09 and a 52 week high of $296.08.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share for the quarter, topping analysts' consensus estimates of $2.59 by $0.05. NXP Semiconductors had a return on equity of 31.45% and a net margin of 19.90%. The company had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the business earned $3.24 EPS. The business's quarterly revenue was down 9.3% on a year-over-year basis. Research analysts expect that NXP Semiconductors will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th were issued a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 2.14%. The ex-dividend date was Wednesday, March 19th. NXP Semiconductors's payout ratio is presently 44.12%.

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.