Penserra Capital Management LLC increased its holdings in shares of Xilinx, Inc. (NASDAQ:XLNX) by 18.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,760 shares of the programmable devices maker’s stock after acquiring an additional 748 shares during the quarter. Penserra Capital Management LLC’s holdings in Xilinx were worth $320,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. NuWave Investment Management LLC bought a new stake in Xilinx during the fourth quarter worth $102,000. San Francisco Sentry Investment Group CA bought a new stake in Xilinx during the third quarter worth $117,000. Cerebellum GP LLC bought a new stake in Xilinx during the fourth quarter worth $126,000. SeaCrest Wealth Management LLC bought a new stake in Xilinx during the fourth quarter worth $137,000. Finally, Pictet North America Advisors SA bought a new stake in shares of Xilinx in the third quarter valued at $207,000. Institutional investors and hedge funds own 93.07% of the company’s stock.
In related news, CEO Moshe Gavrielov sold 20,000 shares of the business’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $75.81, for a total transaction of $1,516,200.00. Following the completion of the transaction, the chief executive officer now directly owns 62,813 shares in the company, valued at $4,761,853.53. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Scott Hover-Smoot sold 4,300 shares of the business’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $71.72, for a total value of $308,396.00. Following the transaction, the senior vice president now owns 37,569 shares of the company’s stock, valued at $2,694,448.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 43,987 shares of company stock valued at $3,271,984. 0.40% of the stock is owned by company insiders.
Xilinx (NASDAQ:XLNX) last announced its quarterly earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.58). The company had revenue of $631.00 million during the quarter, compared to analysts’ expectations of $630.00 million. Xilinx had a net margin of 20.20% and a return on equity of 27.61%. Xilinx’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.52 earnings per share. analysts anticipate that Xilinx, Inc. will post 2.07 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Investors of record on Wednesday, February 7th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.09%. The ex-dividend date is Tuesday, February 6th. Xilinx’s payout ratio is 73.68%.
XLNX has been the topic of several research reports. BMO Capital Markets restated a “buy” rating and issued a $80.00 target price on shares of Xilinx in a research note on Wednesday, October 18th. Deutsche Bank boosted their target price on Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. Barclays boosted their target price on Xilinx from $65.00 to $67.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. Robert W. Baird restated a “hold” rating and issued a $68.00 target price on shares of Xilinx in a research note on Friday, October 27th. Finally, Zacks Investment Research upgraded Xilinx from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a research note on Friday, October 27th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $73.45.
Xilinx Company Profile
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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