NXP Semiconductors (NASDAQ:NXPI) Shares Sold by Retirement Guys Formula LLC

Retirement Guys Formula LLC lowered its holdings in NXP Semiconductors (NASDAQ:NXPI) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,161 shares of the semiconductor provider’s stock after selling 114 shares during the quarter. Retirement Guys Formula LLC’s holdings in NXP Semiconductors were worth $1,073,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. ORG Wealth Partners LLC increased its stake in shares of NXP Semiconductors by 915.4% in the fourth quarter. ORG Wealth Partners LLC now owns 132 shares of the semiconductor provider’s stock worth $27,000 after acquiring an additional 119 shares during the period. Sound Income Strategies LLC increased its stake in shares of NXP Semiconductors by 169.2% in the fourth quarter. Sound Income Strategies LLC now owns 140 shares of the semiconductor provider’s stock worth $29,000 after acquiring an additional 88 shares during the period. FSA Wealth Management LLC acquired a new stake in shares of NXP Semiconductors in the third quarter worth $33,000. Brooklyn Investment Group increased its stake in shares of NXP Semiconductors by 69.5% in the fourth quarter. Brooklyn Investment Group now owns 161 shares of the semiconductor provider’s stock worth $33,000 after acquiring an additional 66 shares during the period. Finally, Fortitude Family Office LLC increased its stake in shares of NXP Semiconductors by 52.4% in the fourth quarter. Fortitude Family Office LLC now owns 218 shares of the semiconductor provider’s stock worth $45,000 after acquiring an additional 75 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on NXPI shares. Wells Fargo & Company started coverage on shares of NXP Semiconductors in a report on Friday, November 22nd. They set an “overweight” rating and a $250.00 price target on the stock. Cantor Fitzgerald reissued an “overweight” rating and set a $250.00 price target on shares of NXP Semiconductors in a report on Tuesday, February 4th. Stifel Nicolaus lowered their price target on shares of NXP Semiconductors from $231.00 to $210.00 and set a “hold” rating on the stock in a report on Wednesday, February 5th. UBS Group lowered their price target on shares of NXP Semiconductors from $285.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Finally, Truist Financial lowered their price target on shares of NXP Semiconductors from $287.00 to $252.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $264.45.

NXP Semiconductors Stock Performance

NASDAQ:NXPI opened at $210.97 on Wednesday. The company’s 50-day moving average price is $213.42 and its 200-day moving average price is $228.99. The company has a current ratio of 2.36, a quick ratio of 1.60 and a debt-to-equity ratio of 1.09. The company has a market cap of $53.62 billion, a P/E ratio of 21.68, a P/E/G ratio of 2.64 and a beta of 1.46. NXP Semiconductors has a twelve month low of $198.21 and a twelve month high of $296.08.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, December 5th were paid a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend was Thursday, December 5th. NXP Semiconductors’s dividend payout ratio is currently 41.73%.

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.