NXP Semiconductors (NASDAQ:NXPI) Position Increased by Millington Financial Advisors LLC

Millington Financial Advisors LLC grew its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 5.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,800 shares of the semiconductor provider’s stock after acquiring an additional 250 shares during the period. Millington Financial Advisors LLC’s holdings in NXP Semiconductors were worth $1,102,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Operose Advisors LLC acquired a new stake in NXP Semiconductors during the 3rd quarter worth about $26,000. Valley National Advisers Inc. boosted its holdings in shares of NXP Semiconductors by 98.6% during the fourth quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock worth $31,000 after purchasing an additional 68 shares during the period. BluePath Capital Management LLC purchased a new position in NXP Semiconductors during the third quarter valued at approximately $28,000. Paradigm Asset Management Co. LLC increased its stake in NXP Semiconductors by 100.0% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 200 shares of the semiconductor provider’s stock valued at $40,000 after buying an additional 100 shares during the period. Finally, Atticus Wealth Management LLC lifted its position in NXP Semiconductors by 358.7% in the 3rd quarter. Atticus Wealth Management LLC now owns 211 shares of the semiconductor provider’s stock worth $42,000 after buying an additional 165 shares in the last quarter. 90.54% of the stock is owned by institutional investors.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock traded up $6.95 during trading on Tuesday, reaching $225.61. The company’s stock had a trading volume of 2,700,884 shares, compared to its average volume of 2,338,673. NXP Semiconductors has a one year low of $155.31 and a one year high of $264.26. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.39 and a current ratio of 1.91. The firm has a market cap of $57.78 billion, a price-to-earnings ratio of 21.09, a price-to-earnings-growth ratio of 0.81 and a beta of 1.59. The business’s fifty day moving average price is $241.03 and its 200-day moving average price is $218.99.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings results on Monday, February 5th. The semiconductor provider reported $3.37 EPS for the quarter, topping the consensus estimate of $3.33 by $0.04. NXP Semiconductors had a return on equity of 38.94% and a net margin of 21.07%. The company had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.40 billion. As a group, equities research analysts predict that NXP Semiconductors will post 12.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Thursday, March 21st were paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend was Wednesday, March 20th. NXP Semiconductors’s payout ratio is currently 37.91%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on NXPI shares. StockNews.com upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Tuesday, April 16th. TD Cowen lifted their price target on NXP Semiconductors from $270.00 to $300.00 and gave the company an “outperform” rating in a report on Tuesday, March 12th. Wolfe Research upgraded NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price objective on the stock in a report on Thursday, January 18th. JPMorgan Chase & Co. lifted their target price on shares of NXP Semiconductors from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Finally, Oppenheimer increased their price target on shares of NXP Semiconductors from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $242.29.

NXP Semiconductors Company Profile

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.