Millington Financial Advisors LLC Increases Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Millington Financial Advisors LLC boosted its holdings in NXP Semiconductors (NASDAQ:NXPI) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,800 shares of the semiconductor provider’s stock after purchasing an additional 250 shares during the quarter. Millington Financial Advisors LLC’s holdings in NXP Semiconductors were worth $1,102,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC acquired a new stake in NXP Semiconductors during the 4th quarter worth approximately $145,000. Parkside Financial Bank & Trust raised its stake in shares of NXP Semiconductors by 170.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 904 shares of the semiconductor provider’s stock worth $208,000 after purchasing an additional 570 shares during the last quarter. Marks Group Wealth Management Inc acquired a new stake in shares of NXP Semiconductors during the fourth quarter worth $390,000. Cetera Trust Company N.A purchased a new position in NXP Semiconductors in the 4th quarter valued at $599,000. Finally, Nikulski Financial Inc. acquired a new position in NXP Semiconductors in the 4th quarter valued at $631,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

NXP Semiconductors stock traded up $6.95 during mid-day trading on Tuesday, hitting $225.61. 2,700,884 shares of the company were exchanged, compared to its average volume of 2,338,673. NXP Semiconductors has a 12-month low of $155.31 and a 12-month high of $264.26. The company has a market capitalization of $57.78 billion, a P/E ratio of 21.09, a PEG ratio of 0.81 and a beta of 1.59. The business’s 50 day simple moving average is $241.03 and its two-hundred day simple moving average is $218.99. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.91 and a quick ratio of 1.39.

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

NXP Semiconductors Announces Dividend

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

Analyst Upgrades and Downgrades

NXPI has been the topic of several analyst reports. Mizuho lifted their target price on shares of NXP Semiconductors from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Wednesday, February 7th. Oppenheimer increased their target price on NXP Semiconductors from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. Barclays raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $200.00 to $260.00 in a report on Tuesday, January 16th. Evercore ISI began coverage on NXP Semiconductors in a report on Tuesday, April 16th. They set an “outperform” rating and a $300.00 price objective on the stock. Finally, TD Cowen raised their target price on NXP Semiconductors from $270.00 to $300.00 and gave the company an “outperform” rating in a report on Tuesday, March 12th. One analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, NXP Semiconductors has a consensus rating of “Moderate Buy” and a consensus price target 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.