Guardian Capital LP grew its stake in shares of Xilinx, Inc. (NASDAQ:XLNX) by 15.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 151,110 shares of the programmable devices maker’s stock after purchasing an additional 20,478 shares during the quarter. Guardian Capital LP owned 0.06% of Xilinx worth $10,703,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of XLNX. Alkeon Capital Management LLC lifted its stake in shares of Xilinx by 0.4% in 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 acquiring an additional 10,000 shares in the last quarter. California Public Employees Retirement System lifted its stake in shares of Xilinx by 2.0% in the third quarter. California Public Employees Retirement System now owns 625,404 shares of the programmable devices maker’s stock worth $44,297,000 after acquiring an additional 12,392 shares in the last quarter. Cubist Systematic Strategies LLC lifted its stake in shares of Xilinx by 44.9% in the third quarter. Cubist Systematic Strategies LLC now owns 4,206 shares of the programmable devices maker’s stock worth $298,000 after acquiring an additional 1,304 shares in the last quarter. Point72 Asset Management L.P. lifted its stake in shares of Xilinx by 4,092.9% in the third quarter. Point72 Asset Management L.P. now owns 259,962 shares of the programmable devices maker’s stock worth $18,413,000 after acquiring an additional 253,762 shares in the last quarter. Finally, Vident Investment Advisory LLC acquired a new position in shares of Xilinx in the third quarter worth about $13,824,000. Institutional investors own 95.23% of the company’s stock.
Several research firms recently commented on XLNX. BMO Capital Markets reiterated a “buy” rating and issued a $80.00 price target on shares of Xilinx in a research note on Wednesday, October 18th. Robert W. Baird reiterated a “hold” rating and issued a $68.00 price target on shares of Xilinx in a research note on Friday, October 27th. Barclays boosted their price target on Xilinx from $65.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 26th. Credit Suisse Group reiterated an “outperform” rating on shares of Xilinx in a research note on Thursday, August 31st. Finally, BidaskClub cut Xilinx from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $69.73.
In other 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 transaction of $1,744,000.00. Following the completion of the transaction, the chief executive officer now directly owns 270,856 shares of the company’s stock, valued at $18,894,914.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Lorenzo Flores sold 2,828 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $74.23, for a total value of $209,922.44. Following the transaction, the chief financial officer now directly owns 28,313 shares of the company’s stock, valued at $2,101,673.99. The disclosure for this sale can be found here. Insiders have sold 213,127 shares of company stock valued at $15,135,685 over the last ninety days. Corporate insiders own 0.40% of the company’s stock.
Shares of Xilinx, Inc. (NASDAQ XLNX) opened at $67.68 on Wednesday. Xilinx, Inc. has a one year low of $54.99 and a one year high of $75.14. The stock has a market capitalization of $17,200.31, a P/E ratio of 28.92, a price-to-earnings-growth ratio of 2.83 and a beta of 1.07. 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 announced its quarterly earnings data on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.02. The firm had revenue of $620.00 million for the quarter, compared to analysts’ expectations of $620.99 million. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. Xilinx’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 earnings per share. equities research analysts expect that Xilinx, Inc. will post 2.59 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend was Tuesday, November 14th. Xilinx’s dividend payout ratio (DPR) is presently 59.07%.
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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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