Barclays Increases NXP Semiconductors (NASDAQ:NXPI) Price Target to $160.00

NXP Semiconductors (NASDAQ:NXPI – Get Rating) had its price target boosted by Barclays from $140.00 to $160.00 in a report published on Monday, The Fly reports. The firm currently has an equal weight rating on the semiconductor provider’s stock.

A number of other equities analysts have also commented on NXPI. Citigroup cut their price objective on shares of NXP Semiconductors from $190.00 to $150.00 and set a neutral rating for the company in a research report on Tuesday, October 11th. Susquehanna lowered their target price on shares of NXP Semiconductors from $200.00 to $175.00 in a research note on Wednesday, November 2nd. Morgan Stanley lowered their target price on shares of NXP Semiconductors from $183.00 to $174.00 and set an equal weight rating on the stock in a research note on Wednesday, November 2nd. Credit Suisse Group started coverage on shares of NXP Semiconductors in a research note on Tuesday, November 15th. They issued a neutral rating and a $195.00 target price on the stock. Finally, Susquehanna Bancshares lowered their target price on shares of NXP Semiconductors from $200.00 to $175.00 in a research note on Wednesday, November 2nd. Eight investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average price target of $188.35.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI opened at $173.03 on Monday. The company has a quick ratio of 1.59, a current ratio of 2.08 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $44.84 billion, a PE ratio of 17.23, a P/E/G ratio of 0.68 and a beta of 1.46. NXP Semiconductors has a twelve month low of $132.08 and a twelve month high of $211.83. The company has a 50-day moving average price of $166.03 and a two-hundred day moving average price of $163.81.

NXP Semiconductors (NASDAQ:NXPI – Get Rating) last released its quarterly earnings data on Monday, October 31st. The semiconductor provider reported $3.54 EPS for the quarter. NXP Semiconductors had a net margin of 20.62% and a return on equity of 52.30%. The company had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.43 billion. Equities analysts forecast that NXP Semiconductors will post 12.95 EPS for the current year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 6th. Investors of record on Thursday, December 15th were issued a $0.845 dividend. This represents a $3.38 annualized dividend and a yield of 1.95%. The ex-dividend date was Wednesday, December 14th. NXP Semiconductors’s dividend payout ratio (DPR) is currently 33.67%.

Institutional Trading of NXP Semiconductors

Large investors have recently added to or reduced their stakes in the stock. Koshinski Asset Management Inc. bought a new stake in NXP Semiconductors in the third quarter valued at $371,000. Massmutual Trust Co. FSB ADV boosted its holdings in shares of NXP Semiconductors by 148.1% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 196 shares of the semiconductor provider’s stock valued at $31,000 after buying an additional 117 shares in the last quarter. ARS Investment Partners LLC bought a new stake in shares of NXP Semiconductors during the 3rd quarter valued at $30,000. Rosenberg Matthew Hamilton boosted its holdings in shares of NXP Semiconductors by 455.0% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 222 shares of the semiconductor provider’s stock valued at $33,000 after buying an additional 182 shares in the last quarter. Finally, MV Capital Management Inc. boosted its holdings in shares of NXP Semiconductors by 37.3% during the 2nd quarter. MV Capital Management Inc. now owns 232 shares of the semiconductor provider’s stock valued at $34,000 after buying an additional 63 shares in the last quarter. Institutional investors own 88.70% of the company’s stock.

About NXP Semiconductors

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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.