Tilt Investment Management Holdings PBC Sells 315 Shares of NXP Semiconductors (NASDAQ:NXPI)

Tilt Investment Management Holdings PBC lowered its position in NXP Semiconductors (NASDAQ:NXPI) by 23.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,052 shares of the semiconductor provider’s stock after selling 315 shares during the period. Tilt Investment Management Holdings PBC’s holdings in NXP Semiconductors were worth $242,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NXPI. Operose Advisors LLC bought a new position in shares of NXP Semiconductors in the third quarter valued at approximately $26,000. Live Oak Investment Partners bought a new position in shares of NXP Semiconductors in the fourth quarter valued at approximately $26,000. Fortis Capital Advisors LLC bought a new position in shares of NXP Semiconductors in the fourth quarter valued at approximately $27,000. BluePath Capital Management LLC bought a new position in shares of NXP Semiconductors in the third quarter valued at approximately $28,000. Finally, Valley National Advisers Inc. lifted its holdings in shares of NXP Semiconductors by 98.6% in the fourth quarter. Valley National Advisers Inc. now owns 137 shares of the semiconductor provider’s stock valued at $31,000 after purchasing an additional 68 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

NXP Semiconductors Stock Performance

NASDAQ:NXPI opened at $218.20 on Friday. NXP Semiconductors has a 1 year low of $155.31 and a 1 year high of $264.26. The business has a fifty day simple moving average of $241.76 and a two-hundred day simple moving average of $218.42. 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 $55.88 billion, a P/E ratio of 20.48, a P/E/G 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, topping analysts’ consensus estimates of $3.33 by $0.04. NXP Semiconductors had a return on equity of 38.94% and a net margin of 21.07%. The firm had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.40 billion. On average, analysts expect that NXP Semiconductors will post 12.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Thursday, March 21st were issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend was Wednesday, March 20th. NXP Semiconductors’s payout ratio is currently 37.91%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on NXPI shares. StockNews.com upgraded NXP Semiconductors from a “hold” rating to a “buy” rating in a report on Tuesday. Wolfe Research raised NXP Semiconductors from a “peer perform” rating to an “outperform” rating and set a $255.00 price target for the company in a research report on Thursday, January 18th. Susquehanna increased their price target on NXP Semiconductors from $200.00 to $225.00 and gave the company a “neutral” rating in a research report on Wednesday, February 7th. Oppenheimer increased their price target on NXP Semiconductors from $220.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, February 1st. Finally, TD Cowen increased their price target on NXP Semiconductors from $270.00 to $300.00 and gave the company an “outperform” rating in a research report on Tuesday, March 12th. 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. According to data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus target price of $242.29.

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.