Regents Gate Capital LLP Invests $10.20 Million in NXP Semiconductors (NASDAQ:NXPI)

Regents Gate Capital LLP purchased a new stake in shares of NXP Semiconductors (NASDAQ:NXPI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 49,055 shares of the semiconductor provider’s stock, valued at approximately $10,196,000. NXP Semiconductors comprises about 4.0% of Regents Gate Capital LLP’s portfolio, making the stock its 4th biggest holding.

Other large investors have also recently bought and sold shares of the company. GDS Wealth Management boosted its stake in 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 in the last quarter. HITE Hedge Asset Management LLC bought a new position in shares of NXP Semiconductors during the 3rd quarter worth about $13,445,000. Merit Financial Group LLC acquired a new stake in shares of NXP Semiconductors in the 4th quarter valued at about $360,000. Banque Cantonale Vaudoise raised its stake in NXP Semiconductors by 60.2% during the 3rd quarter. Banque Cantonale Vaudoise now owns 25,850 shares of the semiconductor provider’s stock worth $6,204,000 after buying an additional 9,710 shares during the period. Finally, Austin Private Wealth LLC raised its stake in NXP Semiconductors by 140.6% during the 4th quarter. Austin Private Wealth LLC now owns 3,198 shares of the semiconductor provider’s stock worth $665,000 after buying an additional 1,869 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on NXPI. Citigroup raised NXP Semiconductors from a “sell” rating to a “neutral” rating and upped their target price for the stock from $200.00 to $210.00 in a research report on Wednesday, February 5th. Barclays dropped their price objective on shares of NXP Semiconductors from $280.00 to $230.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Needham & Company LLC lowered their target price on shares of NXP Semiconductors from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Truist Financial cut their price target on NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Finally, The Goldman Sachs Group raised NXP Semiconductors from a “neutral” rating to a “buy” rating and lowered their price objective for the stock from $260.00 to $257.00 in a research note on Friday, January 10th. Six analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $263.15.

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $212.93 on Monday. The company has a market cap of $54.12 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 2.64 and a beta of 1.46. The business’s 50 day simple moving average is $213.89 and its 200 day simple moving average is $229.42. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. NXP Semiconductors has a 12 month low of $198.21 and a 12 month high of $296.08.

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 41.73%.

NXP Semiconductors Company 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.