180 Wealth Advisors LLC Buys 11,174 Shares of NXP Semiconductors (NASDAQ:NXPI)

180 Wealth Advisors LLC grew its stake in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 243.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,767 shares of the semiconductor provider's stock after purchasing an additional 11,174 shares during the period. 180 Wealth Advisors LLC's holdings in NXP Semiconductors were worth $3,487,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Financial Insights Inc. boosted its stake in shares of NXP Semiconductors by 2.1% during the 4th quarter. Financial Insights Inc. now owns 5,840 shares of the semiconductor provider's stock valued at $1,341,000 after purchasing an additional 121 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of NXP Semiconductors by 3.5% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 148,608 shares of the semiconductor provider's stock valued at $33,720,000 after purchasing an additional 4,968 shares in the last quarter. Smith Salley & Associates boosted its stake in shares of NXP Semiconductors by 2.8% during the 4th quarter. Smith Salley & Associates now owns 113,037 shares of the semiconductor provider's stock valued at $25,962,000 after purchasing an additional 3,123 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in NXP Semiconductors by 27.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 4,788 shares of the semiconductor provider's stock worth $1,100,000 after acquiring an additional 1,019 shares in the last quarter. Finally, Venture Visionary Partners LLC boosted its stake in NXP Semiconductors by 19.3% during the fourth quarter. Venture Visionary Partners LLC now owns 8,429 shares of the semiconductor provider's stock worth $1,936,000 after acquiring an additional 1,363 shares in the last quarter. Institutional investors own 90.54% of the company's stock.

Analysts Set New Price Targets

Several research firms recently commented on NXPI. Cantor Fitzgerald reissued an "overweight" rating and set a $270.00 price objective on shares of NXP Semiconductors in a research note on Monday, March 4th. StockNews.com raised shares of NXP Semiconductors from a "hold" rating to a "buy" rating in a research note on Thursday, March 28th. Oppenheimer boosted their price objective on shares of NXP Semiconductors from $220.00 to $250.00 and gave the stock an "outperform" rating in a research note on Thursday, February 1st. Truist Financial boosted their price objective on shares of NXP Semiconductors from $264.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, February 7th. Finally, Mizuho boosted their price objective on shares of NXP Semiconductors from $220.00 to $225.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $238.75.

NXP Semiconductors Stock Performance

NASDAQ NXPI traded up $1.84 during trading hours on Friday, hitting $241.01. 1,574,452 shares of the company's stock traded hands, compared to its average volume of 2,162,249. The business's fifty day moving average price is $238.59 and its two-hundred day moving average price is $216.00. The company has a current ratio of 1.91, a quick ratio of 1.39 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $61.81 billion, a P/E ratio of 22.50, a P/E/G ratio of 0.90 and a beta of 1.59. NXP Semiconductors has a 52 week low of $155.31 and a 52 week high of $264.26.

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

NXP Semiconductors Announces Dividend

The business also recently announced 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 of this dividend is Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.68%. NXP Semiconductors's dividend payout ratio is 37.91%.

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.