Valeo Financial Advisors LLC Sells 164 Shares of NXP Semiconductors (NASDAQ:NXPI)

Valeo Financial Advisors LLC trimmed its holdings in NXP Semiconductors (NASDAQ:NXPI) by 2.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 5,677 shares of the semiconductor provider’s stock after selling 164 shares during the quarter. Valeo Financial Advisors LLC’s holdings in NXP Semiconductors were worth $1,180,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in NXPI. ORG Wealth Partners LLC boosted its position in NXP Semiconductors by 915.4% during the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after buying an additional 119 shares during the period. FSA Wealth Management LLC bought a new stake in shares of NXP Semiconductors in the 3rd quarter valued at about $33,000. Sound Income Strategies LLC boosted its holdings in NXP Semiconductors by 169.2% during the 4th quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after acquiring an additional 88 shares during the period. Brooklyn Investment Group grew its position in NXP Semiconductors by 69.5% during the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after acquiring an additional 66 shares during the last quarter. Finally, Fortitude Family Office LLC increased its stake in NXP Semiconductors by 52.4% in the 4th quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after purchasing an additional 75 shares during the period. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Loop Capital started coverage on shares of NXP Semiconductors in a report on Monday, November 11th. They issued a “buy” rating and a $300.00 target price on the stock. Evercore ISI cut their price target on shares of NXP Semiconductors from $370.00 to $315.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. Citigroup raised shares of NXP Semiconductors from a “sell” rating to a “neutral” rating and upped their price objective for the company from $200.00 to $210.00 in a research note on Wednesday, February 5th. JPMorgan Chase & Co. cut their target price on NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Finally, Wells Fargo & Company initiated coverage on NXP Semiconductors in a research report on Friday, November 22nd. They set an “overweight” rating and a $250.00 price target for the company. Five equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, NXP Semiconductors has a consensus rating of “Moderate Buy” and an average target price of $264.45.

NXP Semiconductors Stock Up 2.1 %

NXPI stock opened at $224.14 on Friday. The business has a 50 day moving average of $213.16 and a 200 day moving average of $228.34. The firm has a market cap of $56.97 billion, a PE ratio of 23.04, a price-to-earnings-growth ratio of 2.64 and a beta of 1.46. NXP Semiconductors has a twelve month low of $198.21 and a twelve month high of $296.08. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.81%. The ex-dividend date was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is presently 41.73%.

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.