Menta Capital LLC Invests $412,000 in Xilinx, Inc. (XLNX)

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Menta Capital LLC acquired a new stake in shares of Xilinx, Inc. (NASDAQ:XLNX) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 4,841 shares of the programmable devices maker’s stock, valued at approximately $412,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MUFG Securities EMEA plc lifted its holdings in shares of Xilinx by 2,591.1% in the 4th quarter. MUFG Securities EMEA plc now owns 184,500 shares of the programmable devices maker’s stock valued at $15,714,000 after acquiring an additional 177,644 shares during the last quarter. Achmea Investment Management B.V. lifted its holdings in shares of Xilinx by 112.5% in the 4th quarter. Achmea Investment Management B.V. now owns 32,819 shares of the programmable devices maker’s stock valued at $2,796,000 after acquiring an additional 17,373 shares during the last quarter. Kiwi Wealth Investments Limited Partnership bought a new position in shares of Xilinx in the 4th quarter valued at about $2,562,000. LMR Partners LLP bought a new position in shares of Xilinx in the 4th quarter valued at about $2,539,000. Finally, Nomura Holdings Inc. lifted its holdings in shares of Xilinx by 281.0% in the 4th quarter. Nomura Holdings Inc. now owns 206,280 shares of the programmable devices maker’s stock valued at $17,553,000 after acquiring an additional 152,145 shares during the last quarter. 87.55% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ XLNX opened at $124.17 on Friday. The company has a quick ratio of 4.08, a current ratio of 4.38 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $31.01 billion, a price-to-earnings ratio of 43.88, a PEG ratio of 2.94 and a beta of 1.18. Xilinx, Inc. has a 1 year low of $62.54 and a 1 year high of $127.70.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, January 23rd. The programmable devices maker reported $0.92 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.07. The business had revenue of $800.00 million during the quarter, compared to the consensus estimate of $770.65 million. Xilinx had a net margin of 27.92% and a return on equity of 34.82%. The firm’s quarterly revenue was up 33.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 earnings per share. On average, sell-side analysts predict that Xilinx, Inc. will post 3.47 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 21st. Shareholders of record on Wednesday, February 6th were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.16%. The ex-dividend date was Tuesday, February 5th. Xilinx’s payout ratio is currently 50.88%.

A number of brokerages recently commented on XLNX. BMO Capital Markets downgraded shares of Xilinx from an “outperform” rating to a “market perform” rating and increased their price target for the company from $100.00 to $125.00 in a report on Monday, March 4th. Robert W. Baird increased their price target on shares of Xilinx from $105.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, February 22nd. Bank of America reaffirmed a “buy” rating and issued a $143.00 price target on shares of Xilinx in a report on Monday, March 4th. Goldman Sachs Group downgraded shares of Xilinx from a “conviction-buy” rating to a “buy” rating in a report on Monday, February 4th. Finally, Zacks Investment Research raised shares of Xilinx from a “hold” rating to a “strong-buy” rating and set a $103.00 price target for the company in a report on Saturday, January 26th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, fourteen have given a buy rating and three have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $99.35.

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About Xilinx

Xilinx, Inc designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; adaptive compute acceleration platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP) core licenses covering Ethernet, memory controllers, Interlaken, and peripheral component interconnect express interfaces, as well as domain-specific IP in the areas of embedded, digital signal processing and connectivity, and market-specific IP cores.

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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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