FourThought Financial Partners LLC Trims Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

FourThought Financial Partners LLC lowered its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 1.4% during the 4th quarter, HoldingsChannel reports. The fund owned 3,566 shares of the semiconductor provider’s stock after selling 52 shares during the period. FourThought Financial Partners LLC’s holdings in NXP Semiconductors were worth $741,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its holdings in NXP Semiconductors by 6.2% during the 4th quarter. Bank of New York Mellon Corp now owns 1,474,283 shares of the semiconductor provider’s stock worth $306,430,000 after purchasing an additional 85,733 shares in the last quarter. CWS Financial Advisors LLC increased its position in shares of NXP Semiconductors by 13.7% during the fourth quarter. CWS Financial Advisors LLC now owns 1,402 shares of the semiconductor provider’s stock valued at $291,000 after buying an additional 169 shares during the period. Pine Valley Investments Ltd Liability Co lifted its holdings in shares of NXP Semiconductors by 7.5% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 4,300 shares of the semiconductor provider’s stock worth $894,000 after buying an additional 300 shares in the last quarter. BankPlus Trust Department purchased a new stake in shares of NXP Semiconductors in the fourth quarter worth about $817,000. Finally, Crestwood Advisors Group LLC boosted its position in shares of NXP Semiconductors by 1.4% in the fourth quarter. Crestwood Advisors Group LLC now owns 86,597 shares of the semiconductor provider’s stock valued at $17,999,000 after acquiring an additional 1,186 shares during the period. 90.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

NXPI has been the topic of a number of analyst reports. Susquehanna decreased their target price on shares of NXP Semiconductors from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Mizuho upped their price target on shares of NXP Semiconductors from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. TD Cowen lowered their price objective on NXP Semiconductors from $300.00 to $285.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Citigroup upgraded NXP Semiconductors from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $210.00 to $290.00 in a research report on Thursday, February 20th. Finally, StockNews.com cut NXP Semiconductors from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $267.00.

NXP Semiconductors Price Performance

NXPI stock opened at $228.56 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. The firm has a market cap of $58.09 billion, a P/E ratio of 23.49, a P/E/G ratio of 3.01 and a beta of 1.46. The firm’s fifty day moving average is $215.35 and its 200 day moving average is $227.74. NXP Semiconductors has a 52 week low of $198.21 and a 52 week high of $296.08.

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.