Stifel Nicolaus Analysts Give NXP Semiconductors (NASDAQ:NXPI) a $105.00 Price Target

Stifel Nicolaus set a $105.00 price objective on NXP Semiconductors (NASDAQ:NXPI) in a report issued on Wednesday, TipRanks reports. The brokerage currently has a hold rating on the semiconductor provider’s stock.

NXPI has been the subject of several other research reports. Evercore ISI raised shares of NXP Semiconductors from an in-line rating to an outperform rating and increased their price target for the company from $110.00 to $125.00 in a research report on Monday, July 29th. Bank of America reissued a buy rating and set a $125.00 price target (up previously from $105.00) on shares of NXP Semiconductors in a research report on Wednesday, May 1st. Piper Jaffray Companies increased their price target on shares of NXP Semiconductors from $100.00 to $110.00 and gave the company an overweight rating in a research report on Tuesday, April 9th. Morgan Stanley increased their price target on shares of NXP Semiconductors from $114.00 to $115.00 and gave the company an overweight rating in a research report on Wednesday. Finally, BidaskClub raised shares of NXP Semiconductors from a sell rating to a hold rating in a research report on Thursday, July 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $104.44.

Shares of NXPI opened at $100.46 on Wednesday. The stock has a market cap of $32.87 billion, a PE ratio of 14.97, a P/E/G ratio of 1.22 and a beta of 1.26. The company has a quick ratio of 1.04, a current ratio of 1.82 and a debt-to-equity ratio of 0.79. The firm’s fifty day moving average price is $98.05. NXP Semiconductors has a twelve month low of $67.62 and a twelve month high of $108.51.

The business also recently announced a quarterly dividend, which was paid on Friday, July 5th. Stockholders of record on Friday, June 14th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.00%. NXP Semiconductors’s dividend payout ratio is 16.84%.

Several large investors have recently bought and sold shares of NXPI. Boston Partners purchased a new stake in shares of NXP Semiconductors in the 1st quarter worth about $149,891,000. Bank of Montreal Can increased its stake in shares of NXP Semiconductors by 308.2% in the 1st quarter. Bank of Montreal Can now owns 956,288 shares of the semiconductor provider’s stock worth $84,526,000 after acquiring an additional 721,996 shares in the last quarter. Robecosam AG bought a new position in shares of NXP Semiconductors in the 2nd quarter worth about $43,215,000. Pictet Asset Management Ltd. increased its stake in shares of NXP Semiconductors by 14.8% in the 1st quarter. Pictet Asset Management Ltd. now owns 3,101,888 shares of the semiconductor provider’s stock worth $274,176,000 after acquiring an additional 400,506 shares in the last quarter. Finally, Pennsylvania Trust Co increased its stake in shares of NXP Semiconductors by 1,977.4% in the 1st quarter. Pennsylvania Trust Co now owns 328,643 shares of the semiconductor provider’s stock worth $10,158,000 after acquiring an additional 312,823 shares in the last quarter. 76.05% of the stock is owned by hedge funds and other institutional investors.

About NXP Semiconductors

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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