NXP Semiconductors (NASDAQ:NXPI) Holdings Lifted by Sound View Wealth Advisors Group LLC

Sound View Wealth Advisors Group LLC increased its holdings in NXP Semiconductors (NASDAQ:NXPI) by 26.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,845 shares of the semiconductor provider’s stock after acquiring an additional 1,018 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in NXP Semiconductors were worth $1,007,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. ORG Wealth Partners LLC increased its holdings in shares of NXP Semiconductors by 915.4% in the 4th quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock valued at $27,000 after purchasing an additional 119 shares during the period. Sound Income Strategies LLC grew its position in NXP Semiconductors by 169.2% during the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock valued at $29,000 after purchasing an additional 88 shares in the last quarter. Smithfield Trust Co acquired a new position in NXP Semiconductors in the 4th quarter valued at approximately $32,000. FSA Wealth Management LLC acquired a new position in NXP Semiconductors in the 3rd quarter valued at approximately $33,000. Finally, Brooklyn Investment Group lifted its position in NXP Semiconductors by 69.5% in the 4th quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after buying an additional 66 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Trading Up 3.8 %

Shares of NASDAQ:NXPI opened at $222.56 on Monday. NXP Semiconductors has a 52-week low of $198.21 and a 52-week high of $296.08. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. The company has a market cap of $56.45 billion, a P/E ratio of 22.87, a P/E/G ratio of 3.01 and a beta of 1.47. The stock’s 50-day moving average is $216.19 and its 200-day moving average is $225.89.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Wednesday, March 19th will be given a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend is Wednesday, March 19th. NXP Semiconductors’s dividend payout ratio is currently 41.62%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on NXPI shares. Barclays lowered their price target on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Loop Capital assumed coverage on NXP Semiconductors in a research report on Monday, November 11th. They issued a “buy” rating and a $300.00 target price on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $250.00 price target on shares of NXP Semiconductors in a research note on Tuesday, February 4th. Mizuho boosted their price target on NXP Semiconductors from $240.00 to $255.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Finally, Susquehanna dropped their price objective on NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $267.00.

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.