Vantage Investment Partners LLC Purchases 1,501 Shares of NXP Semiconductors N.V. (NASDAQ:NXPI)

Vantage Investment Partners LLC lifted its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 4.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,518 shares of the semiconductor provider's stock after buying an additional 1,501 shares during the period. Vantage Investment Partners LLC's holdings in NXP Semiconductors were worth $6,180,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Smithfield Trust Co bought a new stake in shares of NXP Semiconductors in the 4th quarter valued at $32,000. Runnymede Capital Advisors Inc. bought a new stake in shares of NXP Semiconductors in the 4th quarter valued at $32,000. Ameriflex Group Inc. bought a new stake in shares of NXP Semiconductors in the 4th quarter valued at $44,000. Strategic Financial Concepts LLC bought a new stake in shares of NXP Semiconductors in the 4th quarter valued at $46,000. Finally, GoalVest Advisory LLC increased its position in shares of NXP Semiconductors by 472.9% in the 1st quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock valued at $52,000 after buying an additional 227 shares in the last quarter. Institutional investors own 90.54% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Citigroup reduced their target price on shares of NXP Semiconductors from $290.00 to $220.00 and set a "buy" rating for the company in a research note on Friday, April 11th. TD Cowen upped their target price on shares of NXP Semiconductors from $185.00 to $210.00 and gave the stock a "buy" rating in a research note on Wednesday, April 30th. Stifel Nicolaus reduced their target price on shares of NXP Semiconductors from $210.00 to $170.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Arete Research raised shares of NXP Semiconductors to a "strong-buy" rating in a research note on Tuesday, March 25th. Finally, Morgan Stanley set a $229.00 target price on shares of NXP Semiconductors in a research note on Monday, April 21st. Four equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, NXP Semiconductors has an average rating of "Moderate Buy" and a consensus target price of $244.78.

NXP Semiconductors Stock Down 1.2%

Shares of NXPI stock opened at $209.00 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.47 and a current ratio of 2.09. The firm's 50-day moving average is $196.64 and its 200-day moving average is $204.63. The stock has a market cap of $52.80 billion, a price-to-earnings ratio of 22.77, a PEG ratio of 2.60 and a beta of 1.39. NXP Semiconductors N.V. has a 52-week low of $148.09 and a 52-week high of $296.08.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its earnings results on Monday, April 28th. The semiconductor provider reported $2.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.59 by $0.05. The company had revenue of $2.84 billion for the quarter, compared to analysts' expectations of $2.83 billion. NXP Semiconductors had a net margin of 19.16% and a return on equity of 29.62%. NXP Semiconductors's quarterly revenue was down 9.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.24 EPS. Sell-side analysts predict that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th will be paid a $1.014 dividend. The ex-dividend date is Wednesday, June 25th. This represents a $4.06 dividend on an annualized basis and a yield of 1.94%. NXP Semiconductors's dividend payout ratio (DPR) is currently 44.23%.

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.

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