Capital Fund Management S.A. increased its stake in Xilinx, Inc. (NASDAQ:XLNX) by 49.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,094 shares of the programmable devices maker’s stock after buying an additional 5,694 shares during the period. Capital Fund Management S.A.’s holdings in Xilinx were worth $1,099,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the business. TrimTabs Asset Management LLC boosted its holdings 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 valued at $115,000 after buying an additional 936 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in 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 in the last quarter. Huntington National Bank boosted its stake in 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 in the last quarter. Regentatlantic Capital LLC acquired a new stake in Xilinx in the 2nd quarter worth approximately $219,000. Finally, Harfst & Associates Inc. acquired a new stake in Xilinx in the 1st quarter worth approximately $201,000. Institutional investors own 97.41% of the company’s stock.
A number of analysts recently commented on XLNX shares. 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 research report on Monday, June 19th. Jefferies Group LLC raised shares of Xilinx from a “hold” rating to a “buy” rating and lifted their target price for the company from $68.00 to $77.00 in a report on Monday, July 10th. BidaskClub lowered shares of Xilinx from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 19th. KeyCorp set a $70.00 target price on shares of Xilinx and gave the company a “buy” rating in a report on Thursday, July 27th. Finally, Credit Suisse Group set a $75.00 target price on shares of Xilinx and gave the company a “buy” rating in a report on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $64.57.
In other Xilinx news, CEO Moshe Gavrielov sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $69.76, for a total value of $1,744,000.00. Following the completion of the transaction, the chief executive officer now owns 270,856 shares of the company’s stock, valued at approximately $18,894,914.56. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Scott Hover-Smoot sold 12,143 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $62.17, for a total value of $754,930.31. Following the completion of the transaction, the senior vice president now directly owns 41,869 shares of the company’s stock, valued at approximately $2,602,995.73. The disclosure for this sale can be found here. In the last ninety days, insiders sold 52,931 shares of company stock valued at $3,499,574. Insiders own 0.40% of the company’s stock.
Shares of Xilinx, Inc. (NASDAQ XLNX) opened at 69.33 on Friday. The company has a 50-day moving average of $64.29 and a 200 day moving average of $63.15. Xilinx, Inc. has a one year low of $48.75 and a one year high of $70.33. The stock has a market capitalization of $17.24 billion, a price-to-earnings ratio of 29.63 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 for the quarter, beating the consensus estimate of $0.60 by $0.03. The firm had revenue of $615.40 million during the quarter, compared to the consensus estimate of $615.69 million. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 EPS. Equities research analysts forecast that Xilinx, Inc. will post $2.54 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Thursday, August 10th were issued a $0.35 dividend. The ex-dividend date was Tuesday, August 8th. This represents a $1.40 annualized dividend and a yield of 2.02%. Xilinx’s dividend payout ratio (DPR) is 60.09%.
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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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