911 Shares in NXP Semiconductors (NASDAQ:NXPI) Acquired by Opus Capital Group LLC

Opus Capital Group LLC purchased a new stake in shares of NXP Semiconductors (NASDAQ:NXPI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 911 shares of the semiconductor provider’s stock, valued at approximately $209,000.

Several other hedge funds have also added to or reduced their stakes in NXPI. Operose Advisors LLC acquired a new stake in shares of NXP Semiconductors during the 3rd quarter worth approximately $26,000. Live Oak Investment Partners bought a new stake in shares of NXP Semiconductors during the 4th quarter valued at $26,000. Fortis Capital Advisors LLC acquired a new position in shares of NXP Semiconductors in the 4th quarter valued at $27,000. BluePath Capital Management LLC bought a new stake in NXP Semiconductors in the third quarter valued at approximately $28,000. Finally, Valley National Advisers Inc. raised its stake in NXP Semiconductors by 98.6% during the 4th quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock worth $31,000 after buying an additional 68 shares during the period. Institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

NXPI has been the topic of several recent analyst reports. Cantor Fitzgerald lifted their price objective on NXP Semiconductors from $270.00 to $290.00 and gave the company an “overweight” rating in a report on Monday, April 8th. StockNews.com upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. boosted their price objective on shares of NXP Semiconductors from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. Mizuho raised their target price on shares of NXP Semiconductors from $220.00 to $225.00 and gave the company a “neutral” rating in a research report on Wednesday, February 7th. Finally, Susquehanna boosted their target price on shares of NXP Semiconductors from $200.00 to $225.00 and gave the stock a “neutral” rating in a report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $242.29.

NXP Semiconductors Price Performance

NASDAQ NXPI traded down $3.76 on Wednesday, hitting $226.92. 1,970,870 shares of the company’s stock were exchanged, compared to its average volume of 2,309,610. NXP Semiconductors has a 52 week low of $155.31 and a 52 week high of $264.26. The stock has a 50-day moving average of $241.82 and a 200-day moving average of $218.35. The company has a current ratio of 1.91, a quick ratio of 1.39 and a debt-to-equity ratio of 1.14. The stock has a market cap of $58.20 billion, a price-to-earnings ratio of 21.54, a P/E/G ratio of 0.87 and a beta of 1.59.

NXP Semiconductors (NASDAQ:NXPI) last released its quarterly earnings data on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.33 by $0.04. The business had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.40 billion. NXP Semiconductors had a net margin of 21.07% and a return on equity of 38.94%. Analysts expect that NXP Semiconductors will post 12.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were issued a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.79%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 37.91%.

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.