Personal CFO Solutions LLC Has $648,000 Stake in NXP Semiconductors (NASDAQ:NXPI)

Personal CFO Solutions LLC lifted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 8.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,120 shares of the semiconductor provider’s stock after purchasing an additional 252 shares during the quarter. Personal CFO Solutions LLC’s holdings in NXP Semiconductors were worth $648,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of NXPI. GDS Wealth Management increased its stake in NXP Semiconductors by 7.7% in the third quarter. GDS Wealth Management now owns 55,740 shares of the semiconductor provider’s stock valued at $13,378,000 after purchasing an additional 3,985 shares in the last quarter. HITE Hedge Asset Management LLC acquired a new stake in shares of NXP Semiconductors in the third quarter valued at about $13,445,000. Merit Financial Group LLC bought a new stake in shares of NXP Semiconductors during the 4th quarter worth approximately $360,000. Strategic Financial Concepts LLC acquired a new position in shares of NXP Semiconductors during the 4th quarter worth about $46,000. Finally, Banque Cantonale Vaudoise increased its position in NXP Semiconductors by 60.2% during the third quarter. Banque Cantonale Vaudoise now owns 25,850 shares of the semiconductor provider’s stock worth $6,204,000 after buying an additional 9,710 shares during the last quarter. 90.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

NXPI has been the subject of several recent research reports. Citigroup upgraded NXP Semiconductors from a “neutral” rating to a “buy” rating and boosted their price target for the company from $210.00 to $290.00 in a research note on Thursday, February 20th. Morgan Stanley raised shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $231.00 to $257.00 in a research note on Wednesday, February 12th. Stifel Nicolaus reduced their price objective on shares of NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating on the stock in a research note on Wednesday, February 5th. Cantor Fitzgerald restated an “overweight” rating and issued a $250.00 price target on shares of NXP Semiconductors in a research report on Tuesday, February 4th. Finally, Wells Fargo & Company initiated coverage on NXP Semiconductors in a research note on Friday, November 22nd. They issued an “overweight” rating and a $250.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat, NXP Semiconductors currently has a consensus rating of “Moderate Buy” and an average target price of $267.00.

NXP Semiconductors Stock Up 3.8 %

Shares of NXPI opened at $222.56 on Monday. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.36 and a quick ratio of 1.60. The stock has a market capitalization of $56.45 billion, a price-to-earnings ratio of 22.87, a price-to-earnings-growth ratio of 3.01 and a beta of 1.47. NXP Semiconductors has a 1 year low of $198.21 and a 1 year high of $296.08. The business’s 50 day simple moving average is $216.19 and its 200-day simple moving average is $225.89.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 19th will be issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date is Wednesday, March 19th. NXP Semiconductors’s dividend payout ratio (DPR) is 41.62%.

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.