Invera Wealth Advisors LLC Has $1.89 Million Holdings in NXP Semiconductors (NASDAQ:NXPI)

Invera Wealth Advisors LLC cut its position in NXP Semiconductors (NASDAQ:NXPI) by 1.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,633 shares of the semiconductor provider’s stock after selling 142 shares during the quarter. NXP Semiconductors makes up about 1.6% of Invera Wealth Advisors LLC’s holdings, making the stock its 22nd biggest position. Invera Wealth Advisors LLC’s holdings in NXP Semiconductors were worth $1,891,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NXPI. Lincoln National Corp increased its position in NXP Semiconductors by 1.9% in the 4th quarter. Lincoln National Corp now owns 2,473 shares of the semiconductor provider’s stock valued at $568,000 after acquiring an additional 46 shares in the last quarter. RFG Advisory LLC increased its position in NXP Semiconductors by 1.6% in the 1st quarter. RFG Advisory LLC now owns 2,987 shares of the semiconductor provider’s stock valued at $740,000 after acquiring an additional 47 shares in the last quarter. IMPACTfolio LLC increased its position in NXP Semiconductors by 4.3% in the 4th quarter. IMPACTfolio LLC now owns 1,189 shares of the semiconductor provider’s stock valued at $273,000 after acquiring an additional 49 shares in the last quarter. FinTrust Capital Advisors LLC increased its position in NXP Semiconductors by 75.4% in the 4th quarter. FinTrust Capital Advisors LLC now owns 114 shares of the semiconductor provider’s stock valued at $26,000 after acquiring an additional 49 shares in the last quarter. Finally, Financial Management Professionals Inc. increased its position in NXP Semiconductors by 4.3% in the 4th quarter. Financial Management Professionals Inc. now owns 1,220 shares of the semiconductor provider’s stock valued at $280,000 after acquiring an additional 50 shares in the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock traded up $4.43 during trading on Monday, reaching $247.13. The company’s stock had a trading volume of 2,954,715 shares, compared to its average volume of 2,357,178. The business’s 50-day moving average price is $241.50 and its 200-day moving average price is $220.29. The firm has a market cap of $63.29 billion, a PE ratio of 23.07, a P/E/G ratio of 0.92 and a beta of 1.59. NXP Semiconductors has a 52 week low of $161.23 and a 52 week high of $264.26. The company has a quick ratio of 1.39, a current ratio of 1.91 and a debt-to-equity ratio of 1.14.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.33 by $0.04. The company 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%. Equities analysts forecast that NXP Semiconductors will post 12.21 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The firm also recently announced 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 of this dividend was Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.64%. NXP Semiconductors’s payout ratio is presently 37.91%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Truist Financial lifted their price target on shares of NXP Semiconductors from $264.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Mizuho lifted their price target on shares of NXP Semiconductors from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. Cantor Fitzgerald lifted their price target on shares of NXP Semiconductors from $270.00 to $290.00 and gave the stock an “overweight” rating in a research report on Monday, April 8th. Barclays raised shares of NXP Semiconductors from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $200.00 to $260.00 in a research note on Tuesday, January 16th. Finally, Wolfe Research raised shares of NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price objective on the stock in a research note on Thursday, January 18th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $242.29.

NXP Semiconductors 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.