UMB Bank n.a. Lowers Stock Holdings in NXP Semiconductors (NASDAQ:NXPI)

UMB Bank n.a. reduced its position in NXP Semiconductors (NASDAQ:NXPI) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,421 shares of the semiconductor provider’s stock after selling 52 shares during the period. UMB Bank n.a.’s holdings in NXP Semiconductors were worth $1,245,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Operose Advisors LLC purchased a new position in NXP Semiconductors in the 3rd quarter worth approximately $26,000. Live Oak Investment Partners purchased a new position in NXP Semiconductors in the 4th quarter worth approximately $26,000. Fortis Capital Advisors LLC purchased a new position in NXP Semiconductors in the 4th quarter worth approximately $27,000. BluePath Capital Management LLC bought a new stake in NXP Semiconductors in the 3rd quarter worth approximately $28,000. Finally, First Capital Advisors Group LLC. bought a new stake in NXP Semiconductors in the 2nd quarter worth approximately $35,000. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

NXP Semiconductors Price Performance

Shares of NXPI stock opened at $243.88 on Thursday. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.91 and a quick ratio of 1.39. The company has a market capitalization of $62.55 billion, a P/E ratio of 22.77, a P/E/G ratio of 0.91 and a beta of 1.59. The company’s 50-day simple moving average is $237.68 and its two-hundred day simple moving average is $215.55. NXP Semiconductors has a one year low of $155.31 and a one year high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 EPS for the quarter, topping analysts’ consensus estimates of $3.33 by $0.04. NXP Semiconductors had a net margin of 21.07% and a return on equity of 38.94%. The business had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.40 billion. As a group, equities analysts anticipate that NXP Semiconductors will post 12.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st will be paid a dividend of $1.014 per share. The ex-dividend date of this dividend is Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.66%. NXP Semiconductors’s dividend payout ratio is presently 37.91%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Morgan Stanley lifted their target price on shares of NXP Semiconductors from $221.00 to $224.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 7th. Mizuho boosted their price objective on shares of NXP Semiconductors from $220.00 to $225.00 and gave the company a “neutral” rating in a research report on Wednesday, February 7th. JPMorgan Chase & Co. upped their target price on shares of NXP Semiconductors from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Wednesday, February 7th. Truist Financial upped their target price on shares of NXP Semiconductors from $264.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Finally, Susquehanna upped their target price on shares of NXP Semiconductors from $200.00 to $225.00 and gave the stock a “neutral” rating in a report on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $238.75.

NXP Semiconductors Profile

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.