Swiss National Bank boosted its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 0.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 914,384 shares of the programmable devices maker’s stock after acquiring an additional 4,900 shares during the quarter. Swiss National Bank owned about 364,369.00% of Xilinx worth $64,766,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Dearborn Partners LLC increased its stake in Xilinx by 2.3% in the 2nd quarter. Dearborn Partners LLC now owns 336,588 shares of the programmable devices maker’s stock worth $21,649,000 after purchasing an additional 7,493 shares in the last quarter. Principal Financial Group Inc. increased its stake in Xilinx by 1.9% in the 2nd quarter. Principal Financial Group Inc. now owns 398,503 shares of the programmable devices maker’s stock worth $25,632,000 after purchasing an additional 7,486 shares in the last quarter. Delta Lloyd Asset Management N.V. purchased a new position in Xilinx in the 2nd quarter worth about $2,376,000. KBC Group NV increased its stake in Xilinx by 31.2% in the 2nd quarter. KBC Group NV now owns 30,949 shares of the programmable devices maker’s stock worth $1,991,000 after purchasing an additional 7,359 shares in the last quarter. Finally, Atlantic Trust Group LLC purchased a new position in Xilinx in the 2nd quarter worth about $6,328,000. Hedge funds and other institutional investors own 96.11% of the company’s stock.
Xilinx, Inc. (NASDAQ XLNX) opened at $71.87 on Monday. Xilinx, Inc. has a 1-year low of $50.78 and a 1-year high of $75.14. The company has a market capitalization of $18,035.98, a P/E ratio of 30.33, a PEG ratio of 2.97 and a beta of 1.10. The company has a current ratio of 9.86, a quick ratio of 9.35 and a debt-to-equity ratio of 0.70.
Xilinx (NASDAQ:XLNX) last issued its quarterly earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The company had revenue of $620.00 million during the quarter, compared to analyst estimates of $620.99 million. During the same period in the previous year, the company earned $0.61 earnings per share. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. equities research analysts anticipate that Xilinx, Inc. will post 2.59 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.95%. Xilinx’s dividend payout ratio (DPR) is presently 59.07%.
In related news, CFO Lorenzo Flores sold 2,828 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $74.23, for a total value of $209,922.44. Following the completion of the transaction, the chief financial officer now directly owns 28,313 shares in the company, valued at $2,101,673.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Moshe Gavrielov sold 25,000 shares of the company’s stock in a transaction on Tuesday, September 19th. The shares were 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 $18,894,914.56. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 185,627 shares of company stock valued at $13,155,185. Corporate insiders own 0.40% of the company’s stock.
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A number of brokerages recently weighed in on XLNX. BMO Capital Markets reissued a “buy” rating and issued a $80.00 price target on shares of Xilinx in a research note on Wednesday, October 18th. Zacks Investment Research cut Xilinx from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Mizuho reissued a “neutral” rating and issued a $69.00 price target (up previously from $68.00) on shares of Xilinx in a research note on Thursday, July 27th. Robert W. Baird reissued a “hold” rating and issued a $68.00 price target on shares of Xilinx in a research note on Friday, October 27th. Finally, Barclays PLC raised Xilinx from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $53.00 to $60.00 in a research note on Tuesday, July 18th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the stock. Xilinx presently has an average rating of “Hold” and an average target price of $69.73.
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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