Andra AP fonden decreased its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 13.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,900 shares of the programmable devices maker’s stock after selling 7,800 shares during the quarter. Andra AP fonden’s holdings in Xilinx were worth $3,338,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Wealthsource Partners LLC raised its stake in shares of Xilinx by 0.6% during the 1st quarter. Wealthsource Partners LLC now owns 6,290 shares of the programmable devices maker’s stock valued at $364,000 after buying an additional 40 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of Xilinx by 0.9% in the 1st quarter. HighTower Advisors LLC now owns 7,106 shares of the programmable devices maker’s stock valued at $409,000 after purchasing an additional 60 shares in the last quarter. Notis McConarty Edward increased its stake in shares of Xilinx by 0.3% in the 2nd quarter. Notis McConarty Edward now owns 20,655 shares of the programmable devices maker’s stock valued at $1,328,000 after purchasing an additional 60 shares in the last quarter. Capital Advantage Inc. increased its stake in shares of Xilinx by 1.1% in the 1st quarter. Capital Advantage Inc. now owns 6,640 shares of the programmable devices maker’s stock valued at $384,000 after purchasing an additional 75 shares in the last quarter. Finally, Seaward Management Limited Partnership increased its stake in shares of Xilinx by 2.1% in the 2nd quarter. Seaward Management Limited Partnership now owns 4,053 shares of the programmable devices maker’s stock valued at $260,000 after purchasing an additional 83 shares in the last quarter. 97.44% of the stock is owned by hedge funds and other institutional investors.
Shares of Xilinx, Inc. (NASDAQ:XLNX) traded up 0.72% on Friday, reaching $68.33. 3,320,569 shares of the company’s stock were exchanged. Xilinx, Inc. has a 1-year low of $48.75 and a 1-year high of $68.75. The stock’s 50-day moving average price is $63.93 and its 200-day moving average price is $62.94. The company has a market capitalization of $16.99 billion, a P/E ratio of 29.20 and a beta of 1.08.
Xilinx (NASDAQ:XLNX) last announced its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The business had revenue of $615.40 million during the quarter, compared to analysts’ expectations of $615.69 million. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $0.61 EPS. Analysts anticipate that Xilinx, Inc. will post $2.54 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Thursday, August 10th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 2.05%. The ex-dividend date was Tuesday, August 8th. Xilinx’s payout ratio is presently 60.09%.
XLNX has been the subject of several research reports. Credit Suisse Group reiterated an “outperform” rating on shares of Xilinx in a research note on Thursday, August 31st. BidaskClub cut Xilinx from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. Vetr cut Xilinx from a “strong-buy” rating to a “buy” rating and set a $70.95 price objective on the stock. in a report on Monday, August 7th. Zacks Investment Research upgraded Xilinx from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a report on Tuesday, August 1st. Finally, Barclays PLC set a $65.00 price objective on Xilinx and gave the company a “hold” rating in a report on Thursday, July 27th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $64.57.
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In other news, insider Steven L. Glaser sold 15,788 shares of the firm’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $63.38, for a total value of $1,000,643.44. Following the transaction, the insider now owns 12,387 shares of the company’s stock, valued at approximately $785,088.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Scott Hover-Smoot sold 12,143 shares of the firm’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $62.17, for a total transaction of $754,930.31. Following the completion of the transaction, the senior vice president now directly owns 41,869 shares in the company, valued at approximately $2,602,995.73. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.
Xilinx, Inc (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and various third-party verification and IP cores.
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