Yousif Capital Management LLC Sells 881 Shares of NXP Semiconductors (NASDAQ:NXPI)

Yousif Capital Management LLC trimmed its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 31,325 shares of the semiconductor provider’s stock after selling 881 shares during the quarter. Yousif Capital Management LLC’s holdings in NXP Semiconductors were worth $6,511,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Crumly & Associates Inc. grew its position in NXP Semiconductors by 2.0% in the third quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock worth $546,000 after acquiring an additional 45 shares in the last quarter. Sterling Investment Counsel LLC lifted its stake in shares of NXP Semiconductors by 5.7% in the 3rd quarter. Sterling Investment Counsel LLC now owns 850 shares of the semiconductor provider’s stock valued at $204,000 after purchasing an additional 46 shares during the last quarter. Ascent Group LLC boosted its holdings in shares of NXP Semiconductors by 0.4% in the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider’s stock worth $3,000,000 after purchasing an additional 46 shares during the period. Central Bank & Trust Co. increased its position in shares of NXP Semiconductors by 1.1% during the 4th quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock valued at $917,000 after purchasing an additional 48 shares during the last quarter. Finally, Patrick M Sweeney & Associates Inc. lifted its position in NXP Semiconductors by 6.4% in the third quarter. Patrick M Sweeney & Associates Inc. now owns 864 shares of the semiconductor provider’s stock worth $207,000 after buying an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NASDAQ:NXPI opened at $216.82 on Friday. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $55.11 billion, a price-to-earnings ratio of 20.69, a price-to-earnings-growth ratio of 3.14 and a beta of 1.46. The firm has a 50 day moving average of $214.42 and a 200 day moving average of $230.24. NXP Semiconductors has a 52 week low of $198.21 and a 52 week high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, November 4th. The semiconductor provider reported $3.45 earnings per share for the quarter, topping analysts’ consensus estimates of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The firm had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.25 billion. During the same period in the prior year, the business posted $3.31 EPS. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. On average, sell-side analysts predict that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s payout ratio is 38.74%.

Analyst Upgrades and Downgrades

NXPI has been the topic of a number of analyst reports. Susquehanna cut their price objective on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a research report on Wednesday. Cantor Fitzgerald reissued an “overweight” rating and issued a $250.00 price objective on shares of NXP Semiconductors in a research report on Tuesday. Barclays dropped their target price on NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Loop Capital began coverage on NXP Semiconductors in a research note on Monday, November 11th. They set a “buy” rating and a $300.00 price target for the company. Finally, Oppenheimer dropped their price objective on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Six research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, NXP Semiconductors has a consensus rating of “Moderate Buy” and a consensus price target of $263.15.

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.