Calamos Advisors LLC Has $18.30 Million Stock Position in NXP Semiconductors (NASDAQ:NXPI)

Calamos Advisors LLC lowered its stake in NXP Semiconductors (NASDAQ:NXPI) by 1.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,687 shares of the semiconductor provider’s stock after selling 999 shares during the period. Calamos Advisors LLC’s holdings in NXP Semiconductors were worth $18,303,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of NXP Semiconductors during the fourth quarter valued at about $326,580,000. Moneta Group Investment Advisors LLC acquired a new position in shares of NXP Semiconductors during the fourth quarter valued at about $267,123,000. Price T Rowe Associates Inc. MD grew its holdings in shares of NXP Semiconductors by 44.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,417,231 shares of the semiconductor provider’s stock valued at $823,704,000 after buying an additional 1,360,582 shares during the last quarter. Barclays PLC grew its holdings in shares of NXP Semiconductors by 94.6% during the second quarter. Barclays PLC now owns 1,143,813 shares of the semiconductor provider’s stock valued at $234,116,000 after buying an additional 556,178 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in shares of NXP Semiconductors during the first quarter valued at about $98,687,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Trading Up 0.2 %

NASDAQ:NXPI traded up $0.39 during midday trading on Friday, reaching $219.74. 214,024 shares of the stock traded hands, compared to its average volume of 2,297,126. The company has a fifty day moving average of $241.76 and a 200 day moving average of $218.42. NXP Semiconductors has a 12 month low of $155.31 and a 12 month high of $264.26. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.39 and a current ratio of 1.91. The stock has a market capitalization of $56.28 billion, a P/E ratio of 20.37, a PEG ratio of 0.86 and a beta of 1.59.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly 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 company had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.40 billion. On average, research analysts predict that NXP Semiconductors will post 12.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Thursday, March 21st were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $4.06 annualized dividend and a yield of 1.85%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 37.91%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on NXPI shares. Evercore ISI began coverage on shares of NXP Semiconductors in a report on Tuesday. They set an “outperform” rating and a $300.00 price objective for the company. StockNews.com upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Tuesday. Mizuho lifted their price objective on shares of NXP Semiconductors from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. 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 report on Wednesday, February 7th. Finally, Susquehanna lifted their price objective on shares of NXP Semiconductors from $200.00 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 stock. Based on data from MarketBeat.com, NXP Semiconductors has an average rating of “Moderate Buy” and a consensus price target of $242.29.

About NXP Semiconductors

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.