Natixis Advisors L.P. Sells 8,942 Shares of NXP Semiconductors (NASDAQ:NXPI)

Natixis Advisors L.P. lessened its position in NXP Semiconductors (NASDAQ:NXPI) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 531,321 shares of the semiconductor provider’s stock after selling 8,942 shares during the period. Natixis Advisors L.P. owned 0.21% of NXP Semiconductors worth $122,034,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Operose Advisors LLC acquired a new position in shares of NXP Semiconductors in the third quarter valued at approximately $26,000. Valley National Advisers Inc. increased its position in NXP Semiconductors by 98.6% in the 4th quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock valued at $31,000 after acquiring an additional 68 shares during the period. BluePath Capital Management LLC bought a new position in shares of NXP Semiconductors during the third quarter valued at $28,000. Paradigm Asset Management Co. LLC raised its stake in shares of NXP Semiconductors by 100.0% during the third quarter. Paradigm Asset Management Co. LLC now owns 200 shares of the semiconductor provider’s stock valued at $40,000 after acquiring an additional 100 shares during the last quarter. Finally, Atticus Wealth Management LLC lifted its holdings in shares of NXP Semiconductors by 358.7% during the third quarter. Atticus Wealth Management LLC now owns 211 shares of the semiconductor provider’s stock worth $42,000 after purchasing an additional 165 shares during the period. 90.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. The Goldman Sachs Group raised their target price on NXP Semiconductors from $240.00 to $275.00 and gave the stock a “neutral” rating in a research report on Wednesday. UBS Group raised their price objective on NXP Semiconductors from $230.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday. Barclays upgraded NXP Semiconductors from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $200.00 to $260.00 in a report on Tuesday, January 16th. TD Cowen boosted their price target on shares of NXP Semiconductors from $270.00 to $300.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 12th. Finally, Needham & Company LLC increased their price objective on shares of NXP Semiconductors from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $257.72.

NXP Semiconductors Stock Up 1.2 %

Shares of NXPI traded up $3.02 on Thursday, reaching $252.45. The company’s stock had a trading volume of 1,071,207 shares, compared to its average volume of 2,384,709. NXP Semiconductors has a twelve month low of $161.23 and a twelve month high of $264.26. The stock has a market capitalization of $64.65 billion, a PE ratio of 23.03, a PEG ratio of 0.97 and a beta of 1.54. The company has a current ratio of 2.35, a quick ratio of 1.39 and a debt-to-equity ratio of 1.11. The firm has a fifty day moving average of $242.28 and a 200-day moving average of $220.92.

NXP Semiconductors (NASDAQ:NXPI) last issued its quarterly earnings data on Monday, February 5th. The semiconductor provider reported $3.37 EPS for the quarter, topping the consensus estimate of $3.33 by $0.04. The firm had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.40 billion. NXP Semiconductors had a return on equity of 37.65% and a net margin of 21.24%. Equities analysts predict that NXP Semiconductors will post 12.21 EPS for the current year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend was Wednesday, March 20th. NXP Semiconductors’s dividend payout ratio is 37.49%.

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.