Thompson Siegel & Walmsley LLC Has $32.30 Million Position in NXP Semiconductors (NASDAQ:NXPI)

Thompson Siegel & Walmsley LLC trimmed its holdings in NXP Semiconductors (NASDAQ:NXPI - Free Report) by 73.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 140,624 shares of the semiconductor provider's stock after selling 389,100 shares during the period. Thompson Siegel & Walmsley LLC owned 0.05% of NXP Semiconductors worth $32,299,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of NXPI. Operose Advisors LLC bought a new stake in NXP Semiconductors in the third quarter worth $26,000. Valley National Advisers Inc. increased its holdings in shares of NXP Semiconductors by 98.6% during the 4th quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider's stock valued at $31,000 after acquiring an additional 68 shares during the last quarter. Paradigm Asset Management Co. LLC raised its stake in shares of NXP Semiconductors by 100.0% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 200 shares of the semiconductor provider's stock valued at $40,000 after acquiring an additional 100 shares in the last quarter. Atticus Wealth Management LLC boosted its position in NXP Semiconductors by 358.7% during the third quarter. Atticus Wealth Management LLC now owns 211 shares of the semiconductor provider's stock worth $42,000 after purchasing an additional 165 shares during the period. Finally, Avalon Trust Co acquired a new position in NXP Semiconductors during the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock traded up $0.93 during midday trading on Friday, hitting $261.73. 1,072,539 shares of the company were exchanged, compared to its average volume of 2,566,857. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.35 and a quick ratio of 1.64. The firm has a market cap of $66.92 billion, a P/E ratio of 24.17, a PEG ratio of 0.95 and a beta of 1.54. NXP Semiconductors has a 52 week low of $161.23 and a 52 week high of $264.26. The firm has a 50 day simple moving average of $244.16 and a 200-day simple moving average of $224.02.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Thursday, March 21st were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $4.06 annualized dividend and a dividend yield of 1.55%. NXP Semiconductors's dividend payout ratio (DPR) is presently 37.49%.

Analyst Ratings Changes

NXPI has been the subject of several recent analyst reports. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $290.00 price objective on shares of NXP Semiconductors in a report on Tuesday, April 30th. JPMorgan Chase & Co. raised their price target on NXP Semiconductors from $240.00 to $280.00 and gave the company a "neutral" rating in a research report on Wednesday, May 1st. The Goldman Sachs Group boosted their price objective on NXP Semiconductors from $240.00 to $275.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 1st. Barclays raised NXP Semiconductors from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $200.00 to $260.00 in a report on Tuesday, January 16th. Finally, StockNews.com upgraded NXP Semiconductors from a "hold" rating to a "buy" rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat.com, NXP Semiconductors has a consensus rating of "Moderate Buy" and a consensus price target of $257.72.

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.