GAM Holding AG Grows Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

GAM Holding AG raised its stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 65.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,618 shares of the semiconductor provider's stock after acquiring an additional 20,339 shares during the period. GAM Holding AG's holdings in NXP Semiconductors were worth $11,856,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of NXPI. Cibc World Market Inc. boosted its stake in NXP Semiconductors by 6.3% in the first quarter. Cibc World Market Inc. now owns 29,411 shares of the semiconductor provider's stock worth $5,443,000 after purchasing an additional 1,732 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of NXP Semiconductors by 5.9% during the first quarter. Dimensional Fund Advisors LP now owns 390,891 shares of the semiconductor provider's stock valued at $72,356,000 after acquiring an additional 21,672 shares during the period. Cetera Investment Advisers lifted its stake in shares of NXP Semiconductors by 5.4% during the first quarter. Cetera Investment Advisers now owns 6,332 shares of the semiconductor provider's stock valued at $1,172,000 after acquiring an additional 325 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of NXP Semiconductors by 21.0% during the first quarter. Sequoia Financial Advisors LLC now owns 2,406 shares of the semiconductor provider's stock valued at $445,000 after acquiring an additional 417 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of NXP Semiconductors by 2.0% during the first quarter. Vanguard Group Inc. now owns 10,793,360 shares of the semiconductor provider's stock valued at $1,997,635,000 after acquiring an additional 210,979 shares during the period. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Stock Up 1.3 %

Shares of NASDAQ:NXPI traded up $3.11 during mid-day trading on Wednesday, reaching $243.88. 1,021,089 shares of the stock were exchanged, compared to its average volume of 2,368,839. The company has a quick ratio of 1.39, a current ratio of 1.91 and a debt-to-equity ratio of 1.14. The company has a market cap of $62.55 billion, a P/E ratio of 22.77, a P/E/G ratio of 0.93 and a beta of 1.59. NXP Semiconductors has a one year low of $155.31 and a one year high of $264.26. The stock's 50 day simple moving average is $237.23 and its 200-day simple moving average is $215.35.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings data on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.33 by $0.04. NXP Semiconductors had a return on equity of 38.94% and a net margin of 21.07%. The business had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.40 billion. As a group, equities research analysts predict that NXP Semiconductors will post 12.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 10th. Investors of record on Thursday, March 21st will be given a dividend of $1.014 per share. The ex-dividend date is Wednesday, March 20th. This represents a $4.06 annualized dividend and a yield of 1.66%. NXP Semiconductors's dividend payout ratio (DPR) is presently 37.91%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on NXPI shares. Stifel Nicolaus upped their price target on NXP Semiconductors from $190.00 to $210.00 and gave the company a "hold" rating in a research note on Tuesday, January 2nd. StockNews.com upgraded NXP Semiconductors from a "hold" rating to a "buy" rating in a report on Thursday, March 28th. Barclays upgraded NXP Semiconductors from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $200.00 to $260.00 in a report on Tuesday, January 16th. JPMorgan Chase & Co. upped their price objective on NXP Semiconductors from $220.00 to $240.00 and gave the company a "neutral" rating in a report on Wednesday, February 7th. Finally, TD Cowen upped their price objective on NXP Semiconductors from $270.00 to $300.00 and gave the company an "outperform" rating in a report on Tuesday, March 12th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat, NXP Semiconductors presently has an average rating of "Moderate Buy" and a consensus target price of $238.75.

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.