Commerzbank Aktiengesellschaft FI lowered its stake in Xilinx, Inc. (NASDAQ:XLNX) by 73.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 11,907 shares of the programmable devices maker’s stock after selling 33,036 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Xilinx were worth $766,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TrimTabs Asset Management LLC increased its position in shares of Xilinx by 88.9% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,989 shares of the programmable devices maker’s stock worth $115,000 after purchasing an additional 936 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of Xilinx by 9,866.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,691 shares of the programmable devices maker’s stock worth $156,000 after purchasing an additional 2,664 shares during the last quarter. First Mercantile Trust Co. increased its position in shares of Xilinx by 12.0% in the 1st quarter. First Mercantile Trust Co. now owns 3,013 shares of the programmable devices maker’s stock worth $174,000 after purchasing an additional 324 shares during the last quarter. Huntington National Bank increased its position in shares of Xilinx by 217.1% in the 2nd quarter. Huntington National Bank now owns 2,794 shares of the programmable devices maker’s stock worth $180,000 after purchasing an additional 1,913 shares during the last quarter. Finally, Harfst & Associates Inc. bought a new stake in shares of Xilinx in the 1st quarter worth about $201,000. 97.44% of the stock is owned by institutional investors.
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In other Xilinx news, insider Steven L. Glaser sold 15,788 shares of the stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $63.38, for a total transaction of $1,000,643.44. Following the sale, 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 SEC, which can be accessed through this hyperlink. Also, SVP Scott Hover-Smoot sold 12,143 shares of the stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $62.17, for a total transaction of $754,930.31. Following the sale, 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. 0.40% of the stock is owned by corporate insiders.
Several research firms have recently weighed in on XLNX. Raymond James Financial, Inc. reissued a “mkt perform” rating on shares of Xilinx in a research report on Friday, June 16th. Zacks Investment Research downgraded shares of Xilinx from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Mizuho reissued a “neutral” rating and issued a $69.00 target price (up previously from $68.00) on shares of Xilinx in a research report on Thursday, July 27th. Vetr raised shares of Xilinx from a “sell” rating to a “buy” rating and set a $69.47 price target for the company in a report on Monday, June 19th. Finally, Barclays PLC raised shares of Xilinx from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $53.00 to $60.00 in a report on Tuesday, July 18th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $64.57.
Shares of Xilinx, Inc. (XLNX) traded up 0.72% during mid-day trading on Friday, hitting $68.33. 3,320,569 shares of the stock were exchanged. The company’s 50-day moving average is $63.93 and its 200-day moving average is $62.94. The firm has a market cap of $16.99 billion, a price-to-earnings ratio of 29.20 and a beta of 1.08. Xilinx, Inc. has a 1-year low of $48.75 and a 1-year high of $68.75.
Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, July 26th. The programmable devices maker reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The firm had revenue of $615.40 million for the quarter, compared to analyst estimates of $615.69 million. During the same quarter in the prior year, the firm earned $0.61 EPS. The company’s revenue was up 7.0% on a year-over-year basis. Equities research analysts anticipate that Xilinx, Inc. will post $2.54 earnings per share 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 issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend was Tuesday, August 8th. Xilinx’s dividend payout ratio is currently 60.09%.
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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