Hantz Financial Services Inc. Decreases Holdings in NXP Semiconductors (NASDAQ:NXPI)

Hantz Financial Services Inc. lowered its holdings in NXP Semiconductors (NASDAQ:NXPI) by 1.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 10,086 shares of the semiconductor provider’s stock after selling 126 shares during the quarter. Hantz Financial Services Inc.’s holdings in NXP Semiconductors were worth $2,096,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Foster Victor Wealth Advisors LLC increased its stake in NXP Semiconductors by 18.1% in the fourth quarter. Foster Victor Wealth Advisors LLC now owns 48,704 shares of the semiconductor provider’s stock valued at $10,489,000 after purchasing an additional 7,477 shares during the last quarter. Asset Dedication LLC grew its position in shares of NXP Semiconductors by 126.6% in the 4th quarter. Asset Dedication LLC now owns 358 shares of the semiconductor provider’s stock valued at $74,000 after buying an additional 200 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in NXP Semiconductors by 12.8% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 3,056 shares of the semiconductor provider’s stock worth $635,000 after acquiring an additional 346 shares in the last quarter. Vantage Investment Partners LLC boosted its stake in NXP Semiconductors by 6.8% in the fourth quarter. Vantage Investment Partners LLC now owns 31,017 shares of the semiconductor provider’s stock valued at $6,447,000 after acquiring an additional 1,972 shares in the last quarter. Finally, BankPlus Wealth Management LLC purchased a new position in shares of NXP Semiconductors during the fourth quarter worth about $215,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

NXPI has been the subject of a number of research analyst reports. Citic Securities assumed coverage on NXP Semiconductors in a research report on Friday, October 11th. They issued a $288.00 target price for the company. Loop Capital assumed coverage on shares of NXP Semiconductors in a research report on Monday, November 11th. They set a “buy” rating and a $300.00 price objective on the stock. TD Cowen decreased their target price on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating for the company in a research note on Friday, November 8th. Oppenheimer reduced their price objective on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a research note on Wednesday, November 6th. Finally, Mizuho set a $290.00 target price on NXP Semiconductors in a report on Friday, October 18th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, NXP Semiconductors has a consensus rating of “Moderate Buy” and a consensus price target of $270.85.

NXP Semiconductors Trading Down 0.8 %

NXP Semiconductors stock opened at $211.39 on Friday. The stock has a 50-day moving average price of $216.41 and a 200 day moving average price of $232.74. NXP Semiconductors has a 52 week low of $202.25 and a 52 week high of $296.08. The stock has a market cap of $53.73 billion, a PE ratio of 20.17, a P/E/G ratio of 3.25 and a beta of 1.47. The company has a current ratio of 2.35, a quick ratio of 1.60 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, beating analysts’ consensus estimates of $3.43 by $0.02. NXP Semiconductors had a net margin of 20.98% and a return on equity of 33.57%. The business had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.25 billion. During the same quarter in the previous year, the business posted $3.31 earnings per share. The company’s revenue was down 5.4% on a year-over-year basis. Equities research analysts predict that NXP Semiconductors will post 11.33 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were given a dividend of $1.014 per share. The ex-dividend date was Thursday, December 5th. This represents a $4.06 annualized dividend and a yield of 1.92%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 38.74%.

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.