Yousif Capital Management LLC Has $7.82 Million Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Yousif Capital Management LLC lowered its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,044 shares of the semiconductor provider’s stock after selling 1,407 shares during the quarter. Yousif Capital Management LLC’s holdings in NXP Semiconductors were worth $7,819,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. FMR LLC boosted its position in NXP Semiconductors by 0.4% during the 3rd quarter. FMR LLC now owns 25,779,812 shares of the semiconductor provider’s stock worth $5,153,900,000 after acquiring an additional 91,453 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of NXP Semiconductors by 4.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,205,035 shares of the semiconductor provider’s stock valued at $440,841,000 after buying an additional 92,571 shares during the last quarter. Morgan Stanley boosted its holdings in shares of NXP Semiconductors by 5.8% in the 3rd quarter. Morgan Stanley now owns 2,185,911 shares of the semiconductor provider’s stock valued at $437,008,000 after buying an additional 119,183 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of NXP Semiconductors by 10.9% in the 3rd quarter. Northern Trust Corp now owns 2,154,213 shares of the semiconductor provider’s stock valued at $430,670,000 after buying an additional 211,927 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of NXP Semiconductors by 0.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,337,449 shares of the semiconductor provider’s stock valued at $267,383,000 after buying an additional 6,113 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. StockNews.com raised NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Tuesday, April 16th. Barclays raised NXP Semiconductors from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $200.00 to $260.00 in a report on Tuesday, January 16th. Morgan Stanley increased their price target on NXP Semiconductors from $221.00 to $224.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 7th. Stifel Nicolaus increased their price objective on NXP Semiconductors from $190.00 to $210.00 and gave the stock a “hold” rating in a research report on Tuesday, January 2nd. Finally, Mizuho increased their price objective on NXP Semiconductors from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $242.29.

NXP Semiconductors Trading Up 0.5 %

Shares of NXPI stock opened at $236.30 on Thursday. The company has a market cap of $60.52 billion, a P/E ratio of 21.95, a PEG ratio of 0.85 and a beta of 1.59. The stock has a 50 day simple moving average of $240.92 and a two-hundred day simple moving average of $219.29. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.39 and a current ratio of 1.91. NXP Semiconductors has a fifty-two week low of $155.31 and a fifty-two week high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.33 by $0.04. The company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.40 billion. NXP Semiconductors had a return on equity of 38.94% and a net margin of 21.07%. Research analysts forecast that NXP Semiconductors will post 12.28 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were paid a $1.014 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $4.06 annualized dividend and a dividend yield of 1.72%. NXP Semiconductors’s payout ratio is presently 37.91%.

NXP Semiconductors Company 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.