7,480 Shares in NXP Semiconductors (NASDAQ:NXPI) Purchased by Round Rock Advisors LLC

Round Rock Advisors LLC acquired a new stake in NXP Semiconductors (NASDAQ:NXPI - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 7,480 shares of the semiconductor provider's stock, valued at approximately $1,718,000.

Several other hedge funds and other institutional investors have also made changes to their positions in NXPI. Assenagon Asset Management S.A. raised its position in shares of NXP Semiconductors by 46.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 89,297 shares of the semiconductor provider's stock worth $20,510,000 after acquiring an additional 28,518 shares in the last quarter. Stratos Wealth Partners LTD. increased its position 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 buying an additional 1,019 shares during the period. Invera Wealth Advisors LLC acquired a new position in NXP Semiconductors during the fourth quarter worth approximately $1,786,000. Kentucky Retirement Systems acquired a new position in NXP Semiconductors during the third quarter worth approximately $4,272,000. Finally, Raymond James Financial Services Advisors Inc. increased its position in NXP Semiconductors by 3.4% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 593,264 shares of the semiconductor provider's stock worth $118,605,000 after buying an additional 19,554 shares during the period. Hedge funds and other institutional investors own 90.54% of the company's stock.

NXP Semiconductors Trading Up 1.3 %

NXP Semiconductors stock traded up $3.25 during trading on Thursday, hitting $244.33. The company's stock had a trading volume of 1,736,476 shares, compared to its average volume of 2,319,796. The stock has a market capitalization of $62.66 billion, a price-to-earnings ratio of 22.51, a P/E/G ratio of 0.92 and a beta of 1.59. The stock's fifty day moving average is $240.48 and its 200 day moving average is $217.18. NXP Semiconductors has a 1-year low of $155.31 and a 1-year high of $264.26. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.39 and a current ratio of 1.91.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, beating 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 firm 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 Announces Dividend

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

Analysts Set New Price Targets

NXPI has been the topic of several research analyst reports. Oppenheimer lifted their price target on NXP Semiconductors from $220.00 to $250.00 and gave the stock an "outperform" rating in a research report on Thursday, February 1st. Stifel Nicolaus lifted their target price on NXP Semiconductors from $190.00 to $210.00 and gave the company a "hold" rating in a research note on Tuesday, January 2nd. Truist Financial lifted their target price on NXP Semiconductors from $264.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, February 7th. JPMorgan Chase & Co. lifted their target price on NXP Semiconductors from $220.00 to $240.00 and gave the company a "neutral" rating in a research note on Wednesday, February 7th. Finally, Mizuho lifted their target price on NXP Semiconductors from $220.00 to $225.00 and gave the company a "neutral" rating in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $239.58.

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.