Atria Wealth Solutions Inc. Decreases Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

Atria Wealth Solutions Inc. trimmed its holdings in shares of NXP Semiconductors (NASDAQ:NXPI) by 9.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,069 shares of the semiconductor provider’s stock after selling 838 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in NXP Semiconductors were worth $1,680,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of NXPI. ORG Wealth Partners LLC increased its position in NXP Semiconductors by 915.4% in the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after buying an additional 119 shares during the last quarter. Sound Income Strategies LLC increased its position in NXP Semiconductors by 169.2% in the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock worth $29,000 after buying an additional 88 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in NXP Semiconductors in the third quarter worth $33,000. Brooklyn Investment Group boosted its holdings in shares of NXP Semiconductors by 69.5% in the fourth 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 period. Finally, Fortitude Family Office LLC boosted its holdings in shares of NXP Semiconductors by 52.4% in the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after acquiring an additional 75 shares during the period. 90.54% of the stock is owned by hedge funds and other institutional investors.

NXP Semiconductors Trading Down 3.8 %

Shares of NXPI stock opened at $236.52 on Friday. The company has a quick ratio of 1.60, a current ratio of 2.36 and a debt-to-equity ratio of 1.09. The business has a 50-day moving average price of $214.86 and a two-hundred day moving average price of $227.93. NXP Semiconductors has a 12-month low of $198.21 and a 12-month high of $296.08. The firm has a market cap of $60.11 billion, a P/E ratio of 24.31, a price-to-earnings-growth ratio of 3.01 and a beta of 1.46.

Analysts Set New Price Targets

NXPI has been the subject of a number of analyst reports. StockNews.com lowered NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Oppenheimer cut their price target on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Loop Capital initiated coverage on NXP Semiconductors in a report on Monday, November 11th. They issued a “buy” rating and a $300.00 price target for the company. TD Cowen cut their price target on NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating for the company in a report on Friday, November 8th. Finally, Mizuho raised their price target on NXP Semiconductors from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $267.00.

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.