NXP Semiconductors (NASDAQ:NXPI) Price Target Lowered to $225.00 at Susquehanna

NXP Semiconductors (NASDAQ:NXPI) had its target price decreased by Susquehanna from $235.00 to $225.00 in a research note issued to investors on Wednesday,Benzinga reports. Susquehanna currently has a neutral rating on the semiconductor provider’s stock.

Several other equities analysts have also recently commented on the stock. Barclays lowered their target price 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. Mizuho set a $290.00 price objective on shares of NXP Semiconductors in a research note on Friday, October 18th. Loop Capital assumed coverage on shares of NXP Semiconductors in a research note on Monday, November 11th. They issued a “buy” rating and a $300.00 price objective on the stock. TD Cowen lowered their price objective on shares of NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. Finally, Truist Financial lowered their price objective on shares of NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Six analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $263.15.

NXP Semiconductors Stock Down 1.8 %

NXP Semiconductors stock opened at $212.93 on Wednesday. The stock has a market cap of $54.12 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 3.14 and a beta of 1.46. The company has a current ratio of 2.35, a quick ratio of 1.60 and a debt-to-equity ratio of 0.99. The company’s 50-day moving average price is $214.22 and its two-hundred day moving average price is $230.15. NXP Semiconductors has a 52 week low of $198.21 and a 52 week high of $296.08.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were given a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.90%. The ex-dividend date was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 38.74%.

Institutional Trading of NXP Semiconductors

Institutional investors have recently made changes to their positions in the stock. ORG Wealth Partners LLC boosted its holdings in shares of NXP Semiconductors by 915.4% during the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after purchasing an additional 119 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of NXP Semiconductors by 169.2% during the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock worth $29,000 after purchasing an additional 88 shares during the period. Smithfield Trust Co acquired a new stake in shares of NXP Semiconductors during the fourth quarter worth approximately $32,000. FSA Wealth Management LLC acquired a new stake in shares of NXP Semiconductors during the third quarter worth approximately $33,000. Finally, Brooklyn Investment Group boosted its holdings in shares of NXP Semiconductors by 69.5% during the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after purchasing an additional 66 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

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.