Outlook Wealth Advisors LLC Acquires 377 Shares of NXP Semiconductors (NASDAQ:NXPI)

Outlook Wealth Advisors LLC raised its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 25.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,852 shares of the semiconductor provider’s stock after acquiring an additional 377 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in NXP Semiconductors were worth $385,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. GDS Wealth Management raised its position in shares of NXP Semiconductors by 7.7% during the third quarter. GDS Wealth Management now owns 55,740 shares of the semiconductor provider’s stock worth $13,378,000 after acquiring an additional 3,985 shares during the last quarter. HITE Hedge Asset Management LLC acquired a new position in NXP Semiconductors during the 3rd quarter valued at about $13,445,000. Banque Cantonale Vaudoise boosted its stake in shares of NXP Semiconductors by 60.2% in the 3rd quarter. Banque Cantonale Vaudoise now owns 25,850 shares of the semiconductor provider’s stock valued at $6,204,000 after purchasing an additional 9,710 shares during the last quarter. Mackenzie Financial Corp raised its stake in shares of NXP Semiconductors by 21.1% during the second quarter. Mackenzie Financial Corp now owns 154,293 shares of the semiconductor provider’s stock worth $41,519,000 after buying an additional 26,851 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in NXP Semiconductors by 1.9% in the third quarter. Principal Financial Group Inc. now owns 303,895 shares of the semiconductor provider’s stock valued at $72,938,000 after buying an additional 5,722 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $213.56 on Thursday. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.35 and a quick ratio of 1.60. The firm has a 50-day moving average of $218.74 and a 200-day moving average of $237.09. The company has a market cap of $54.28 billion, a PE ratio of 20.38, a price-to-earnings-growth ratio of 3.11 and a beta of 1.47. NXP Semiconductors has a one year low of $201.58 and a one year high of $296.08.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Monday, November 4th. The semiconductor provider reported $3.45 EPS for the quarter, topping the consensus estimate of $3.43 by $0.02. NXP Semiconductors had a return on equity of 33.57% and a net margin of 20.98%. The company had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.25 billion. During the same period in the previous year, the company posted $3.31 EPS. The firm’s revenue for the quarter was down 5.4% compared to the same quarter last year. As a group, equities analysts forecast that NXP Semiconductors will post 11.33 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a $1.014 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.90%. NXP Semiconductors’s dividend payout ratio is currently 38.74%.

Wall Street Analysts Forecast Growth

NXPI has been the topic of several analyst reports. Citic Securities began coverage on shares of NXP Semiconductors in a report on Friday, October 11th. They issued a $288.00 target price on the stock. Wells Fargo & Company began coverage on NXP Semiconductors in a research note on Friday, November 22nd. They set an “overweight” rating and a $250.00 price objective on the stock. Barclays decreased their target price on NXP Semiconductors from $330.00 to $280.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. StockNews.com cut NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Monday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $270.00 price objective on shares of NXP Semiconductors in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $273.19.

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.