NXP Semiconductors (NASDAQ:NXPI) Shares Acquired by Zhang Financial LLC

Zhang Financial LLC grew its position in NXP Semiconductors (NASDAQ:NXPI) by 17.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,532 shares of the semiconductor provider’s stock after purchasing an additional 371 shares during the period. Zhang Financial LLC’s holdings in NXP Semiconductors were worth $581,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of NXPI. FMR LLC increased its holdings in shares of NXP Semiconductors by 0.4% during the 3rd quarter. FMR LLC now owns 25,779,812 shares of the semiconductor provider’s stock valued at $5,153,900,000 after purchasing an additional 91,453 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of NXP Semiconductors by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 10,793,360 shares of the semiconductor provider’s stock valued at $1,997,635,000 after purchasing an additional 210,979 shares in the last quarter. State Street Corp increased its holdings in shares of NXP Semiconductors by 2.4% during the 1st quarter. State Street Corp now owns 10,011,984 shares of the semiconductor provider’s stock valued at $1,876,564,000 after purchasing an additional 232,704 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of NXP Semiconductors by 2.2% during the 1st quarter. Geode Capital Management LLC now owns 4,611,435 shares of the semiconductor provider’s stock valued at $857,868,000 after purchasing an additional 98,570 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of NXP Semiconductors by 44.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,417,231 shares of the semiconductor provider’s stock valued at $823,704,000 after purchasing an additional 1,360,582 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NXPI. Stifel Nicolaus lifted their price target on shares of NXP Semiconductors from $190.00 to $210.00 and gave the company a “hold” rating in a research note on Tuesday, January 2nd. StockNews.com raised shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research note on Tuesday. Mizuho lifted their price target on shares of NXP Semiconductors from $220.00 to $225.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Oppenheimer lifted their price target on shares of NXP Semiconductors from $220.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, February 1st. Finally, Susquehanna lifted their price target 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $242.29.

NXP Semiconductors Trading Down 1.9 %

Shares of NXPI stock opened at $215.12 on Friday. The company’s 50-day moving average price is $241.39 and its 200-day moving average price is $218.52. The company has a current ratio of 1.91, a quick ratio of 1.39 and a debt-to-equity ratio of 1.14. The stock has a market cap of $55.09 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 0.83 and a beta of 1.59. NXP Semiconductors has a twelve month low of $155.31 and a twelve month high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.33 by $0.04. The firm had revenue of $3.42 billion for the quarter, compared to analyst estimates 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 analysts predict that NXP Semiconductors will post 12.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Thursday, March 21st were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $4.06 annualized dividend and a yield of 1.89%. 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.