Xilinx, Inc. (XLNX) Shares Sold by Keybank National Association OH

Keybank National Association OH lowered its stake in shares of Xilinx, Inc. (NASDAQ:XLNX) by 6.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 52,792 shares of the programmable devices maker’s stock after selling 3,651 shares during the period. Keybank National Association OH’s holdings in Xilinx were worth $3,559,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Alkeon Capital Management LLC boosted its holdings in Xilinx by 0.4% during the third quarter. Alkeon Capital Management LLC now owns 2,494,138 shares of the programmable devices maker’s stock worth $176,660,000 after buying an additional 10,000 shares in the last quarter. Pictet Asset Management Ltd. lifted its holdings in shares of Xilinx by 67.6% in the third quarter. Pictet Asset Management Ltd. now owns 2,301,908 shares of the programmable devices maker’s stock valued at $163,044,000 after purchasing an additional 928,405 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Xilinx by 6.5% in the third quarter. Legal & General Group Plc now owns 1,313,981 shares of the programmable devices maker’s stock valued at $93,067,000 after purchasing an additional 79,891 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Xilinx by 6.5% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,295,571 shares of the programmable devices maker’s stock valued at $87,348,000 after purchasing an additional 78,747 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Xilinx by 0.3% in the third quarter. First Trust Advisors LP now owns 1,218,044 shares of the programmable devices maker’s stock valued at $86,274,000 after purchasing an additional 4,124 shares in the last quarter. 93.07% of the stock is currently owned by hedge funds and other institutional investors.

In other news, SVP Scott Hover-Smoot sold 4,300 shares of the stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $71.72, for a total value of $308,396.00. Following the completion of the sale, the senior vice president now owns 37,569 shares of the company’s stock, valued at $2,694,448.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Moshe Gavrielov sold 20,000 shares of the stock in a transaction on 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 sale, the chief executive officer now directly owns 62,813 shares of the company’s stock, valued at approximately $4,761,853.53. The disclosure for this sale can be found here. Insiders have sold 43,987 shares of company stock valued at $3,271,984 in the last ninety days. 0.40% of the stock is currently owned by company insiders.

XLNX has been the topic of several recent research reports. Goldman Sachs Group raised shares of Xilinx from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. BidaskClub raised shares of Xilinx from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Zacks Investment Research raised shares of Xilinx from a “hold” rating to a “buy” rating and set a $79.00 price target on the stock in a report on Friday, October 27th. SunTrust Banks upped their price target on shares of Xilinx to $79.00 and gave the company an “outperform” rating in a report on Thursday, January 25th. Finally, Deutsche Bank upped their price target on shares of Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a report on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $73.45.

Xilinx, Inc. (XLNX) opened at $67.09 on Friday. Xilinx, Inc. has a 52-week low of $54.99 and a 52-week high of $77.26. The company has a debt-to-equity ratio of 0.73, a quick ratio of 8.59 and a current ratio of 9.08. The company has a market cap of $17,060.00, a P/E ratio of 26.73, a P/E/G ratio of 3.48 and a beta of 1.13.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.58). Xilinx had a return on equity of 27.61% and a net margin of 20.20%. The company had revenue of $631.00 million for the quarter, compared to analyst estimates of $630.00 million. During the same period last year, the company posted $0.52 EPS. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. equities research analysts expect that Xilinx, Inc. will post 2.07 EPS for the current fiscal year.

The business also recently declared 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 of this dividend is Tuesday, February 6th. Xilinx’s dividend payout ratio (DPR) is 55.78%.

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Xilinx 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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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