NXP Semiconductors (NASDAQ:NXPI) had its target price upped by Jefferies Financial Group from $118.00 to $137.00 in a research report released on Wednesday morning, The Fly reports. Jefferies Financial Group currently has a buy rating on the semiconductor provider’s stock.

A number of other research firms have also commented on NXPI. Morgan Stanley raised their price objective on NXP Semiconductors from $110.00 to $122.00 and gave the stock an overweight rating in a research note on Tuesday, June 16th. Piper Sandler lowered their price objective on NXP Semiconductors from $125.00 to $115.00 and set an overweight rating on the stock in a research note on Wednesday, April 29th. Raymond James raised their price objective on NXP Semiconductors from $115.00 to $130.00 and gave the stock an outperform rating in a research note on Monday, July 13th. Loop Capital lowered their price objective on NXP Semiconductors from $145.00 to $125.00 in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised their price objective on NXP Semiconductors from $105.00 to $111.00 and gave the stock a neutral rating in a research note on Wednesday, April 29th. Seven research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. NXP Semiconductors has an average rating of Buy and an average price target of $128.71.

NXP Semiconductors stock opened at $117.53 on Wednesday. The stock’s fifty day moving average price is $115.44 and its two-hundred day moving average price is $109.28. NXP Semiconductors has a one year low of $58.41 and a one year high of $139.59. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.74 and a quick ratio of 1.10. The firm has a market cap of $32.79 billion, a PE ratio of 18.34, a price-to-earnings-growth ratio of 3.54 and a beta of 1.46.

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 15th were given a dividend of $0.375 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $1.50 dividend on an annualized basis and a yield of 1.28%. NXP Semiconductors’s dividend payout ratio is currently 18.66%.

In related news, Director Kenneth A. Goldman sold 1,000 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $94.33, for a total transaction of $94,330.00. Following the sale, the director now owns 21,840 shares in the company, valued at approximately $2,060,167.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.56% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Baldwin Investment Management LLC lifted its holdings in NXP Semiconductors by 1.9% during the 2nd quarter. Baldwin Investment Management LLC now owns 4,665 shares of the semiconductor provider’s stock worth $532,000 after buying an additional 86 shares during the period. Anderson Hoagland & Co. lifted its holdings in NXP Semiconductors by 0.8% during the 2nd quarter. Anderson Hoagland & Co. now owns 11,885 shares of the semiconductor provider’s stock worth $1,355,000 after buying an additional 100 shares during the period. San Francisco Sentry Investment Group CA lifted its holdings in NXP Semiconductors by 33.2% during the 2nd quarter. San Francisco Sentry Investment Group CA now owns 401 shares of the semiconductor provider’s stock worth $46,000 after buying an additional 100 shares during the period. Asahi Life Asset Management CO. LTD. lifted its holdings in NXP Semiconductors by 3.7% during the 1st quarter. Asahi Life Asset Management CO. LTD. now owns 3,243 shares of the semiconductor provider’s stock worth $269,000 after buying an additional 115 shares during the period. Finally, State Board of Administration of Florida Retirement System lifted its holdings in NXP Semiconductors by 0.5% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 26,666 shares of the semiconductor provider’s stock worth $2,211,000 after buying an additional 130 shares during the period. 88.34% of the stock is currently owned by hedge funds and other institutional investors.

NXP Semiconductors Company Profile

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal solutions for radio frequency (RF), analog, power management, interface, security, and digital processing products worldwide. The company offers products for audio and visual head-end unit applications, such as single-chip radio solutions, multi-standard radios, audio amplifiers and power analog products, and i.MX applications processors; in-vehicle networking products; two-way secure entry products; various sensors and microcontrollers; power management solutions; battery cell controllers; and solutions for radar, vision, vehicle-to-vehicle, and vehicle-to-infrastructure systems.

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Analyst Recommendations for NXP Semiconductors (NASDAQ:NXPI)

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