NXPI has been the topic of several other research reports. Piper Jaffray Companies upped their target price on NXP Semiconductors from $100.00 to $110.00 and gave the company an overweight rating in a report on Tuesday, April 9th. Zacks Investment Research upgraded NXP Semiconductors from a hold rating to a buy rating and set a $81.00 price objective on the stock in a research report on Wednesday, January 2nd. TheStreet upgraded NXP Semiconductors from a c+ rating to a b- rating in a research report on Wednesday, February 13th. Nomura upgraded NXP Semiconductors from a neutral rating to a buy rating and set a $95.00 price objective on the stock in a research report on Thursday, January 17th. Finally, BidaskClub upgraded NXP Semiconductors from a sell rating to a hold rating in a research report on Thursday, February 14th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of $101.02.
NXP Semiconductors stock opened at $99.23 on Friday. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $32.60 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 1.25 and a beta of 1.09. NXP Semiconductors has a fifty-two week low of $67.62 and a fifty-two week high of $122.24.
NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Wednesday, February 6th. The semiconductor provider reported $2.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.77 by $0.28. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.39 billion. NXP Semiconductors had a return on equity of 15.52% and a net margin of 23.47%. Equities analysts predict that NXP Semiconductors will post 6.23 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Monday, March 18th were given a dividend of $0.25 per share. The ex-dividend date was Friday, March 15th. This represents a $1.00 annualized dividend and a yield of 1.01%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 16.84%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP grew its holdings in shares of NXP Semiconductors by 57.8% during the 3rd quarter. GSA Capital Partners LLP now owns 9,774 shares of the semiconductor provider’s stock valued at $836,000 after purchasing an additional 3,581 shares during the last quarter. LPL Financial LLC grew its holdings in shares of NXP Semiconductors by 69.8% during the 3rd quarter. LPL Financial LLC now owns 22,292 shares of the semiconductor provider’s stock valued at $1,906,000 after purchasing an additional 9,161 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of NXP Semiconductors by 2.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 168,707 shares of the semiconductor provider’s stock valued at $14,424,000 after purchasing an additional 4,700 shares during the last quarter. Vident Investment Advisory LLC grew its holdings in shares of NXP Semiconductors by 105.1% during the 3rd quarter. Vident Investment Advisory LLC now owns 16,760 shares of the semiconductor provider’s stock valued at $1,433,000 after purchasing an additional 8,589 shares during the last quarter. Finally, Worldquant Millennium Quantitative Strategies LLC bought a new position in shares of NXP Semiconductors during the 3rd quarter valued at $2,562,000. Hedge funds and other institutional investors own 77.55% of the company’s stock.
NXP Semiconductors Company Profile
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.
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