Financial Advisory Partners LLC Sells 90 Shares of NXP Semiconductors (NASDAQ:NXPI)

Financial Advisory Partners LLC lessened its holdings in NXP Semiconductors (NASDAQ:NXPI) by 0.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,952 shares of the semiconductor provider’s stock after selling 90 shares during the quarter. Financial Advisory Partners LLC’s holdings in NXP Semiconductors were worth $3,316,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $213.24 on Thursday. The stock’s 50-day simple moving average is $214.68 and its two-hundred day simple moving average is $230.36. NXP Semiconductors has a twelve month low of $198.21 and a twelve month high of $296.08. The firm has a market capitalization of $54.20 billion, a P/E ratio of 20.35, a P/E/G ratio of 3.14 and a beta of 1.46. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99.

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

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 issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s payout ratio is 41.62%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on NXPI shares. Citigroup raised NXP Semiconductors from a “sell” rating to a “neutral” rating and increased their price objective for the company from $200.00 to $210.00 in a report on Wednesday. Loop Capital assumed 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. UBS Group lowered their price objective on NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Morgan Stanley cut their target price on shares of NXP Semiconductors from $235.00 to $231.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, JPMorgan Chase & Co. lowered their price target on shares of NXP Semiconductors from $260.00 to $240.00 and set a “neutral” rating on the stock in a research report on Wednesday. Six research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently 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.