NXP Semiconductors (NASDAQ:NXPI) Given New $210.00 Price Target at Stifel Nicolaus

NXP Semiconductors (NASDAQ:NXPI) had its target price trimmed by Stifel Nicolaus from $231.00 to $210.00 in a research report report published on Wednesday,Benzinga reports. The brokerage currently has a hold rating on the semiconductor provider’s stock.

Other equities research analysts also recently issued reports about the stock. TD Cowen cut their target price 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. Loop Capital initiated coverage on shares of NXP Semiconductors in a research note on Monday, November 11th. They set a “buy” rating and a $300.00 target price on the stock. StockNews.com downgraded shares of NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 29th. UBS Group dropped their price objective on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Finally, Oppenheimer dropped their price objective on shares of NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. Six research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $263.15.

NXP Semiconductors Price Performance

Shares of NXPI opened at $212.93 on Wednesday. NXP Semiconductors has a fifty-two week low of $198.21 and a fifty-two week high of $296.08. The firm’s 50 day moving average price is $214.22 and its 200 day moving average price is $230.15. The company has a market cap of $54.12 billion, a P/E ratio of 20.32, a PEG ratio of 3.14 and a beta of 1.46. The company has a quick ratio of 1.60, a current ratio of 2.35 and a debt-to-equity ratio of 0.99.

NXP Semiconductors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were issued 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 payout ratio is 38.74%.

Institutional Trading of NXP Semiconductors

A number of large investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC boosted its stake in NXP Semiconductors by 5.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 102,127 shares of the semiconductor provider’s stock worth $21,227,000 after purchasing an additional 5,517 shares during the period. HighTower Advisors LLC boosted its stake in NXP Semiconductors by 3.9% during the 4th quarter. HighTower Advisors LLC now owns 200,289 shares of the semiconductor provider’s stock worth $41,630,000 after purchasing an additional 7,605 shares during the period. Moors & Cabot Inc. acquired a new stake in NXP Semiconductors during the 4th quarter worth $282,000. Natural Investments LLC acquired a new stake in NXP Semiconductors during the 4th quarter worth $308,000. Finally, Wealthfront Advisers LLC acquired a new stake in NXP Semiconductors during the 4th quarter worth $317,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

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.