Charles Schwab Investment Management Inc. Grows Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Charles Schwab Investment Management Inc. grew its position in shares of NXP Semiconductors (NASDAQ:NXPI - Free Report) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,358,394 shares of the semiconductor provider's stock after purchasing an additional 20,945 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.53% of NXP Semiconductors worth $311,996,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Operose Advisors LLC bought a new stake in shares of NXP Semiconductors during the 3rd quarter worth $26,000. BluePath Capital Management LLC bought a new stake in NXP Semiconductors during the third quarter worth about $28,000. Valley National Advisers Inc. boosted its holdings in shares of NXP Semiconductors by 98.6% in the 4th quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider's stock worth $31,000 after purchasing an additional 68 shares in the last quarter. Paradigm Asset Management Co. LLC increased its position in shares of NXP Semiconductors by 100.0% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 200 shares of the semiconductor provider's stock valued at $40,000 after purchasing an additional 100 shares during the last quarter. Finally, Atticus Wealth Management LLC raised its holdings in shares of NXP Semiconductors by 358.7% during the 3rd quarter. Atticus Wealth Management LLC now owns 211 shares of the semiconductor provider's stock valued at $42,000 after buying an additional 165 shares in the last quarter. Institutional investors own 90.54% of the company's stock.

NXP Semiconductors Stock Up 0.6 %

Shares of NXPI traded up $1.56 on Wednesday, reaching $260.21. The stock had a trading volume of 1,565,889 shares, compared to its average volume of 2,380,646. The company has a 50-day simple moving average of $243.53 and a 200-day simple moving average of $222.94. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.64 and a current ratio of 2.35. The firm has a market capitalization of $66.53 billion, a price-to-earnings ratio of 24.03, a price-to-earnings-growth ratio of 0.94 and a beta of 1.54. NXP Semiconductors has a 12-month low of $161.23 and a 12-month high of $264.26.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share for the quarter, topping analysts' consensus estimates of $3.33 by $0.04. NXP Semiconductors had a net margin of 21.24% and a return on equity of 37.65%. The firm had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.40 billion. Sell-side analysts predict that NXP Semiconductors will post 12.41 EPS for the current year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were issued a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 annualized dividend and a dividend yield of 1.56%. NXP Semiconductors's payout ratio is presently 37.40%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NXPI. Needham & Company LLC increased their price target on shares of NXP Semiconductors from $250.00 to $280.00 and gave the company a "buy" rating in a research report on Wednesday, May 1st. TD Cowen lifted their target price on shares of NXP Semiconductors from $270.00 to $300.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 12th. Morgan Stanley boosted their price target on shares of NXP Semiconductors from $221.00 to $224.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 7th. Mizuho raised their price objective on NXP Semiconductors from $225.00 to $265.00 and gave the company a "neutral" rating in a research note on Wednesday, May 1st. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $290.00 target price on shares of NXP Semiconductors in a research note on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $257.72.

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.