Vontobel Holding Ltd. Buys 42,596 Shares of NXP Semiconductors (NASDAQ:NXPI)

Vontobel Holding Ltd. increased its stake in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 8.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 563,451 shares of the semiconductor provider's stock after acquiring an additional 42,596 shares during the period. Vontobel Holding Ltd. owned about 0.22% of NXP Semiconductors worth $129,413,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Operose Advisors LLC acquired a new stake in shares of NXP Semiconductors during the third quarter worth $26,000. Valley National Advisers Inc. grew its position in NXP Semiconductors by 98.6% in the fourth quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider's stock valued at $31,000 after purchasing an additional 68 shares in the last quarter. BluePath Capital Management LLC bought a new position in NXP Semiconductors in the third quarter valued at $28,000. Live Oak Investment Partners bought a new position in NXP Semiconductors in the fourth quarter valued at $26,000. Finally, First Capital Advisors Group LLC. bought a new position in NXP Semiconductors in the second quarter valued at $35,000. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on NXPI shares. Wolfe Research raised shares of NXP Semiconductors from a "peer perform" rating to an "outperform" rating and set a $255.00 target price for the company in a research report on Thursday, January 18th. JPMorgan Chase & Co. raised their target price on shares of NXP Semiconductors from $220.00 to $240.00 and gave the company a "neutral" rating in a research report on Wednesday, February 7th. TD Cowen lifted their price objective on shares of NXP Semiconductors from $270.00 to $300.00 and gave the company an "outperform" rating in a research report on Tuesday, March 12th. Barclays raised shares of NXP Semiconductors from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $200.00 to $260.00 in a research report on Tuesday, January 16th. Finally, Stifel Nicolaus lifted their price objective on shares of NXP Semiconductors from $190.00 to $210.00 and gave the company a "hold" rating in a research report on Tuesday, January 2nd. 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 stock. According to MarketBeat, NXP Semiconductors currently has an average rating of "Moderate Buy" and a consensus price target of $239.58.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI traded down $10.72 during midday trading on Friday, hitting $233.61. The stock had a trading volume of 2,597,791 shares, compared to its average volume of 1,946,959. The company's 50-day moving average price is $241.48 and its 200-day moving average price is $217.93. The company has a market capitalization of $59.91 billion, a P/E ratio of 21.81, a price-to-earnings-growth ratio of 0.88 and a beta of 1.59. The company has a quick ratio of 1.39, a current ratio of 1.91 and a debt-to-equity ratio of 1.14. NXP Semiconductors has a fifty-two week low of $155.31 and a fifty-two week high of $264.26.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 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 analysts' expectations of $3.40 billion. NXP Semiconductors had a net margin of 21.07% and a return on equity of 38.94%. As a group, equities research analysts predict that NXP Semiconductors will post 12.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were given a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.74%. The ex-dividend date was Wednesday, March 20th. NXP Semiconductors's payout ratio is presently 37.82%.

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.