Cambridge Trust Co. Decreases Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Cambridge Trust Co. decreased its position in shares of NXP Semiconductors (NASDAQ:NXPI) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 800 shares of the semiconductor provider’s stock after selling 53 shares during the period. Cambridge Trust Co.’s holdings in NXP Semiconductors were worth $184,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Operose Advisors LLC purchased a new stake in NXP Semiconductors during the third quarter valued at $26,000. Live Oak Investment Partners bought a new stake in shares of NXP Semiconductors in the 4th quarter worth about $26,000. Fortis Capital Advisors LLC purchased a new stake in shares of NXP Semiconductors during the 4th quarter valued at about $27,000. BluePath Capital Management LLC purchased a new stake in shares of NXP Semiconductors during the 3rd quarter valued at about $28,000. Finally, Valley National Advisers Inc. lifted its holdings in shares of NXP Semiconductors by 98.6% in the 4th quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock valued at $31,000 after acquiring an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 90.54% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on NXPI. Truist Financial boosted their price objective on NXP Semiconductors from $264.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Cantor Fitzgerald increased their price target on NXP Semiconductors from $270.00 to $290.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Morgan Stanley lifted their price objective on shares of NXP Semiconductors from $221.00 to $224.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 7th. JPMorgan Chase & Co. increased their target price on shares of NXP Semiconductors from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Finally, Mizuho raised their target price on shares of NXP Semiconductors from $220.00 to $225.00 and gave the stock a “neutral” rating in a 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 given a buy rating to the company’s stock. Based on data from MarketBeat, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus price target of $242.29.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $215.12 on Friday. The company has a current ratio of 1.91, a quick ratio of 1.39 and a debt-to-equity ratio of 1.14. The stock’s fifty day moving average price is $241.39 and its 200-day moving average price is $218.52. The firm has a market cap of $55.09 billion, a P/E ratio of 20.09, a P/E/G ratio of 0.83 and a beta of 1.59. NXP Semiconductors has a 12 month low of $155.31 and a 12 month high of $264.26.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Monday, February 5th. The semiconductor provider reported $3.37 EPS for the quarter, beating 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. On average, equities research analysts expect that NXP Semiconductors will post 12.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were issued a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $4.06 dividend on an annualized basis and a yield of 1.89%. NXP Semiconductors’s dividend payout ratio is currently 37.91%.

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.