Cwm LLC Raises Position in NXP Semiconductors (NASDAQ:NXPI)

Defense World · Oct 21, 2022 19:02

Cwm LLC raised its stake in NXP Semiconductors (NASDAQ:NXPI – Get Rating) by 21.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,399 shares of the semiconductor provider's stock after purchasing an additional 421 shares during the quarter. Cwm LLC's holdings in NXP Semiconductors were worth $355,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of NXPI. Gamco Investors INC. ET AL grew its holdings in shares of NXP Semiconductors by 0.5% in the first quarter. Gamco Investors INC. ET AL now owns 12,120 shares of the semiconductor provider's stock valued at $2,243,000 after acquiring an additional 60 shares in the last quarter. MV Capital Management Inc. grew its holdings in shares of NXP Semiconductors by 37.3% in the second quarter. MV Capital Management Inc. now owns 232 shares of the semiconductor provider's stock valued at $34,000 after acquiring an additional 63 shares in the last quarter. Trust Investment Advisors grew its holdings in shares of NXP Semiconductors by 0.9% in the first quarter. Trust Investment Advisors now owns 8,149 shares of the semiconductor provider's stock valued at $1,508,000 after acquiring an additional 72 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of NXP Semiconductors by 2.6% in the first quarter. Stratos Wealth Partners LTD. now owns 2,957 shares of the semiconductor provider's stock valued at $547,000 after acquiring an additional 75 shares in the last quarter. Finally, Cordasco Financial Network grew its holdings in shares of NXP Semiconductors by 43.0% in the first quarter. Cordasco Financial Network now owns 266 shares of the semiconductor provider's stock valued at $49,000 after acquiring an additional 80 shares in the last quarter. 88.25% of the stock is owned by hedge funds and other institutional investors.

Get NXP Semiconductors alerts:

NXP Semiconductors Trading Down 1.6 %

Shares of NXPI stock opened at $139.04 on Friday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.65 and a current ratio of 2.15. NXP Semiconductors has a 52-week low of $132.08 and a 52-week high of $239.91. The company has a market capitalization of $36.51 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 0.50 and a beta of 1.47. The business's fifty day moving average is $160.57 and its 200 day moving average is $168.09.

NXP Semiconductors (NASDAQ:NXPI – Get Rating) last issued its quarterly earnings data on Monday, July 25th. The semiconductor provider reported $4.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.05 by $1.35. NXP Semiconductors had a return on equity of 49.45% and a net margin of 19.83%. The company had revenue of $3.31 billion for the quarter, compared to the consensus estimate of $3.27 billion. During the same quarter last year, the business posted $2.05 earnings per share. The firm's revenue was up 27.3% compared to the same quarter last year. On average, equities research analysts anticipate that NXP Semiconductors will post 12.72 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 6th. Shareholders of record on Thursday, September 15th were given a dividend of $0.845 per share. The ex-dividend date of this dividend was Wednesday, September 14th. This represents a $3.38 dividend on an annualized basis and a yield of 2.43%. NXP Semiconductors's payout ratio is 36.90%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on NXPI shares. Needham & Company LLC upped their target price on NXP Semiconductors from $220.00 to $225.00 and gave the company a "strong-buy" rating in a report on Wednesday, July 27th. KGI Securities lowered NXP Semiconductors from an "outperform" rating to a "neutral" rating in a report on Tuesday. Cowen increased their price objective on NXP Semiconductors from $190.00 to $200.00 in a report on Wednesday, July 27th. Deutsche Bank Aktiengesellschaft reduced their price objective on NXP Semiconductors from $195.00 to $175.00 and set a "buy" rating for the company in a report on Tuesday. Finally, StockNews.com initiated coverage on NXP Semiconductors in a report on Wednesday, October 12th. They set a "buy" rating for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, NXP Semiconductors has an average rating of "Moderate Buy" and a consensus target price of $197.17.

NXP Semiconductors Company Profile

(Get Rating)

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.

Cwm LLC Raises Position in NXP Semiconductors (NASDAQ:NXPI)

NXP Semiconductors Trading Down 1.6 %

NXP Semiconductors Announces Dividend

Wall Street Analyst Weigh In

NXP Semiconductors Company Profile

Further Reading

Risk Disclaimer