Daiwa Securities Group Inc. Acquires 11,344 Shares of NXP Semiconductors (NASDAQ:NXPI)

Daiwa Securities Group Inc. increased its holdings in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 29.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,008 shares of the semiconductor provider's stock after acquiring an additional 11,344 shares during the period. Daiwa Securities Group Inc.'s holdings in NXP Semiconductors were worth $11,485,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. IMPACTfolio LLC grew its position in NXP Semiconductors by 4.3% in the fourth quarter. IMPACTfolio LLC now owns 1,189 shares of the semiconductor provider's stock worth $273,000 after acquiring an additional 49 shares in the last quarter. Northwest Investment Counselors LLC increased its holdings in NXP Semiconductors by 12.1% in the 3rd quarter. Northwest Investment Counselors LLC now owns 462 shares of the semiconductor provider's stock valued at $92,000 after buying an additional 50 shares during the period. Financial Management Professionals Inc. lifted its holdings in shares of NXP Semiconductors by 4.3% during the 4th quarter. Financial Management Professionals Inc. now owns 1,220 shares of the semiconductor provider's stock worth $280,000 after acquiring an additional 50 shares during the period. Windsor Capital Management LLC boosted its position in shares of NXP Semiconductors by 1.8% during the 4th quarter. Windsor Capital Management LLC now owns 3,034 shares of the semiconductor provider's stock valued at $697,000 after acquiring an additional 55 shares in the last quarter. Finally, Central Bank & Trust Co. increased its stake in NXP Semiconductors by 1.2% in the fourth quarter. Central Bank & Trust Co. now owns 4,533 shares of the semiconductor provider's stock valued at $1,041,000 after acquiring an additional 55 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on NXPI shares. Mizuho lifted their price objective on NXP Semiconductors from $220.00 to $225.00 and gave the company a "neutral" rating in a report on Wednesday, February 7th. Cantor Fitzgerald boosted their price target on NXP Semiconductors from $270.00 to $290.00 and gave the company an "overweight" rating in a research note on Monday, April 8th. Morgan Stanley increased their price objective on NXP Semiconductors from $221.00 to $224.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 7th. Susquehanna boosted their target price on shares of NXP Semiconductors from $200.00 to $225.00 and gave the company a "neutral" rating in a research note on Wednesday, February 7th. Finally, StockNews.com raised shares of NXP Semiconductors from a "hold" rating to a "buy" rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, NXP Semiconductors has a consensus rating of "Moderate Buy" and a consensus target price of $242.29.

NXP Semiconductors Trading Down 3.3 %

NXPI stock traded down $7.57 during midday trading on Thursday, reaching $219.35. The stock had a trading volume of 3,494,838 shares, compared to its average volume of 2,325,412. The firm has a market cap of $56.18 billion, a price-to-earnings ratio of 21.19, a PEG ratio of 0.87 and a beta of 1.59. NXP Semiconductors has a twelve month low of $155.31 and a twelve month high of $264.26. 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 business has a fifty day simple moving average of $241.93 and a two-hundred day simple moving average of $218.41.

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, research analysts expect that NXP Semiconductors will post 12.28 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date was Wednesday, March 20th. NXP Semiconductors's dividend payout ratio (DPR) is currently 37.91%.

NXP Semiconductors 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.