CWS Financial Advisors LLC Boosts Position in NXP Semiconductors (NASDAQ:NXPI)

CWS Financial Advisors LLC raised its stake in shares of NXP Semiconductors (NASDAQ:NXPI) by 13.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,402 shares of the semiconductor provider’s stock after buying an additional 169 shares during the quarter. CWS Financial Advisors LLC’s holdings in NXP Semiconductors were worth $291,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Crumly & Associates Inc. grew its holdings in NXP Semiconductors by 2.0% during the 3rd quarter. Crumly & Associates Inc. now owns 2,274 shares of the semiconductor provider’s stock valued at $546,000 after buying an additional 45 shares in the last quarter. Ascent Group LLC grew its holdings in NXP Semiconductors by 0.4% during the 3rd quarter. Ascent Group LLC now owns 12,498 shares of the semiconductor provider’s stock valued at $3,000,000 after buying an additional 46 shares in the last quarter. Central Bank & Trust Co. grew its holdings in NXP Semiconductors by 1.1% during the 4th quarter. Central Bank & Trust Co. now owns 4,412 shares of the semiconductor provider’s stock valued at $917,000 after buying an additional 48 shares in the last quarter. Phillips Wealth Planners LLC grew its holdings in NXP Semiconductors by 4.7% during the 3rd quarter. Phillips Wealth Planners LLC now owns 1,190 shares of the semiconductor provider’s stock valued at $277,000 after buying an additional 53 shares in the last quarter. Finally, Trustmark National Bank Trust Department grew its holdings in NXP Semiconductors by 6.8% during the 3rd quarter. Trustmark National Bank Trust Department now owns 921 shares of the semiconductor provider’s stock valued at $221,000 after buying an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NXPI stock opened at $233.15 on Tuesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 2.36. NXP Semiconductors has a fifty-two week low of $198.21 and a fifty-two week high of $296.08. The stock has a 50 day moving average price of $215.16 and a two-hundred day moving average price of $227.83. The company has a market capitalization of $59.26 billion, a P/E ratio of 23.96, a PEG ratio of 3.01 and a beta of 1.46.

Analysts Set New Price Targets

A number of research analysts have weighed in on NXPI shares. Oppenheimer reduced their target price on NXP Semiconductors from $330.00 to $300.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Morgan Stanley raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $231.00 to $257.00 in a report on Wednesday, February 12th. The Goldman Sachs Group reissued a “buy” rating on shares of NXP Semiconductors in a report on Tuesday, February 4th. Citigroup raised NXP Semiconductors from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $210.00 to $290.00 in a report on Thursday, February 20th. Finally, Mizuho boosted their price objective on NXP Semiconductors from $240.00 to $255.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Four investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.00.

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.