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

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

Several other institutional investors also recently bought and sold shares of NXPI. FMR LLC increased its position in shares of NXP Semiconductors by 0.4% during the third quarter. FMR LLC now owns 25,779,812 shares of the semiconductor provider’s stock worth $5,153,900,000 after purchasing an additional 91,453 shares in the last quarter. Vanguard Group Inc. boosted its stake in NXP Semiconductors by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 10,793,360 shares of the semiconductor provider’s stock worth $1,997,635,000 after purchasing an additional 210,979 shares during the last quarter. State Street Corp grew its holdings in shares of NXP Semiconductors by 2.4% during the first quarter. State Street Corp now owns 10,011,984 shares of the semiconductor provider’s stock worth $1,876,564,000 after buying an additional 232,704 shares in the last quarter. Geode Capital Management LLC raised its position in shares of NXP Semiconductors by 2.2% in the first quarter. Geode Capital Management LLC now owns 4,611,435 shares of the semiconductor provider’s stock valued at $857,868,000 after buying an additional 98,570 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in NXP Semiconductors by 44.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,417,231 shares of the semiconductor provider’s stock worth $823,704,000 after purchasing an additional 1,360,582 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NXPI has been the topic of several recent research reports. Susquehanna boosted their price target on shares of NXP Semiconductors from $200.00 to $225.00 and gave the company a “neutral” rating in a research report on Wednesday, February 7th. Stifel Nicolaus raised their price target on shares of NXP Semiconductors from $190.00 to $210.00 and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Evercore ISI started coverage on NXP Semiconductors in a report on Tuesday. They issued an “outperform” rating and a $300.00 price objective on the stock. Cantor Fitzgerald raised their target price on NXP Semiconductors from $270.00 to $290.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Finally, TD Cowen boosted their price target on shares of NXP Semiconductors from $270.00 to $300.00 and gave the company an “outperform” rating in a research note on Tuesday, March 12th. One analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $242.29.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI traded down $3.76 during trading on Wednesday, hitting $226.92. 1,970,870 shares of the stock were exchanged, compared to its average volume of 2,309,610. NXP Semiconductors has a 12-month low of $155.31 and a 12-month high of $264.26. The company has a market cap of $58.20 billion, a PE ratio of 21.54, a P/E/G ratio of 0.87 and a beta of 1.59. The company has a fifty day moving average price of $241.82 and a two-hundred day moving average price 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.

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

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were given a $1.014 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 annualized dividend and a dividend yield of 1.79%. NXP Semiconductors’s dividend payout ratio is currently 37.91%.

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.