Atria Wealth Solutions Inc. Increases Position in NXP Semiconductors (NASDAQ:NXPI)

Atria Wealth Solutions Inc. grew its stake in NXP Semiconductors (NASDAQ:NXPIFree Report) by 21.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,353 shares of the semiconductor provider’s stock after acquiring an additional 1,472 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in NXP Semiconductors were worth $1,675,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in NXPI. Norges Bank purchased a new position in NXP Semiconductors during the 4th quarter worth $326,580,000. Moneta Group Investment Advisors LLC purchased a new position in NXP Semiconductors during the 4th quarter worth $267,123,000. Price T Rowe Associates Inc. MD grew its stake in NXP Semiconductors by 44.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,417,231 shares of the semiconductor provider’s stock worth $823,704,000 after buying an additional 1,360,582 shares during the last quarter. BlackRock Inc. grew its stake in NXP Semiconductors by 5.6% during the 2nd quarter. BlackRock Inc. now owns 18,357,248 shares of the semiconductor provider’s stock worth $3,757,361,000 after buying an additional 966,022 shares during the last quarter. Finally, Barclays PLC grew its stake in NXP Semiconductors by 94.6% during the 2nd quarter. Barclays PLC now owns 1,143,813 shares of the semiconductor provider’s stock worth $234,116,000 after buying an additional 556,178 shares during the last quarter. 90.21% of the stock is currently owned by hedge funds and other institutional investors.

NXP Semiconductors Price Performance

Shares of NXP Semiconductors stock opened at $233.55 on Friday. The company has a quick ratio of 1.38, a current ratio of 1.91 and a debt-to-equity ratio of 1.14. NXP Semiconductors has a twelve month low of $155.31 and a twelve month high of $238.27. The business has a 50-day moving average price of $219.04 and a 200 day moving average price of $205.91. The firm has a market cap of $60.20 billion, a PE ratio of 21.81, a P/E/G ratio of 0.86 and a beta of 1.57.

NXP Semiconductors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 5th. Shareholders of record on Wednesday, December 13th were paid a dividend of $1.014 per share. The ex-dividend date was Tuesday, December 12th. This represents a $4.06 annualized dividend and a yield of 1.74%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 37.91%.

Analyst Ratings Changes

Several brokerages recently weighed in on NXPI. Truist Financial boosted their target price on NXP Semiconductors from $264.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday. StockNews.com cut NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $260.00 price target on shares of NXP Semiconductors in a research report on Tuesday, February 6th. Barclays raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $200.00 to $260.00 in a research report on Tuesday, January 16th. Finally, Citigroup cut NXP Semiconductors from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $216.00 to $150.00 in a research report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average target price of $237.08.

Check Out Our Latest Report on NXPI

Insiders Place Their Bets

In other NXP Semiconductors news, CEO Kurt Sievers sold 8,699 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $218.16, for a total transaction of $1,897,773.84. Following the completion of the sale, the chief executive officer now directly owns 208,428 shares in the company, valued at approximately $45,470,652.48. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, CFO William Betz sold 4,428 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $204.00, for a total value of $903,312.00. Following the completion of the sale, the chief financial officer now directly owns 1,518 shares in the company, valued at $309,672. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kurt Sievers sold 8,699 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $218.16, for a total value of $1,897,773.84. Following the completion of the sale, the chief executive officer now owns 208,428 shares of the company’s stock, valued at $45,470,652.48. The disclosure for this sale can be found here. In the last three months, insiders sold 22,261 shares of company stock worth $4,776,057. Corporate insiders own 0.13% of the company’s stock.

NXP Semiconductors Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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