AGF Investments Inc. decreased its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,975 shares of the programmable devices maker’s stock after selling 11,248 shares during the quarter. AGF Investments Inc.’s holdings in Xilinx were worth $7,819,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ark Investment Management LLC boosted its position in shares of Xilinx by 112.1% in the 2nd quarter. Ark Investment Management LLC now owns 173,041 shares of the programmable devices maker’s stock worth $11,130,000 after buying an additional 91,460 shares in the last quarter. Sterling Capital Management LLC bought a new stake in shares of Xilinx during the second quarter worth $203,000. Public Employees Retirement System of Ohio raised its position in shares of Xilinx by 16.0% during the second quarter. Public Employees Retirement System of Ohio now owns 110,309 shares of the programmable devices maker’s stock worth $7,095,000 after acquiring an additional 15,231 shares during the last quarter. Advisory Services Network LLC raised its position in shares of Xilinx by 5.9% during the second quarter. Advisory Services Network LLC now owns 4,459 shares of the programmable devices maker’s stock worth $287,000 after acquiring an additional 248 shares during the last quarter. Finally, Sentry Investment Management LLC raised its position in shares of Xilinx by 0.8% during the second quarter. Sentry Investment Management LLC now owns 18,963 shares of the programmable devices maker’s stock worth $1,220,000 after acquiring an additional 151 shares during the last quarter. 93.17% of the stock is currently owned by institutional investors.
A number of research firms have recently weighed in on XLNX. Wells Fargo & Co boosted their target price on Xilinx from $66.00 to $70.00 and gave the stock a “market perform” rating in a research report on Thursday, January 25th. KeyCorp reissued an “overweight” rating and set a $87.00 price objective (up previously from $78.00) on shares of Xilinx in a report on Tuesday, January 23rd. JPMorgan Chase & Co. raised their target price on Xilinx from $67.00 to $73.00 and gave the stock a “neutral” rating in a research report on Thursday, January 25th. Mizuho reaffirmed a “buy” rating and set a $74.00 target price (up from $69.00) on shares of Xilinx in a research report on Thursday, January 25th. Finally, Bank of America raised their target price on Xilinx from $61.00 to $70.00 and gave the stock an “underperform” rating in a research report on Thursday, January 25th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $73.45.
Shares of Xilinx, Inc. (NASDAQ XLNX) traded down $0.73 on Thursday, hitting $68.46. The stock had a trading volume of 2,384,900 shares, compared to its average volume of 2,908,259. The firm has a market cap of $17,440.00, a P/E ratio of 27.68, a PEG ratio of 3.58 and a beta of 1.13. The company has a debt-to-equity ratio of 0.73, a quick ratio of 8.59 and a current ratio of 9.08. Xilinx, Inc. has a 12 month low of $54.99 and a 12 month high of $77.26.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.58). The company had revenue of $631.00 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 EPS. equities research analysts predict that Xilinx, Inc. will post 2.07 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Wednesday, February 7th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, February 6th. This represents a $1.40 annualized dividend and a dividend yield of 2.04%. Xilinx’s payout ratio is currently 55.78%.
In other Xilinx news, insider Vincent Tong sold 19,687 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $73.52, for a total transaction of $1,447,388.24. Following the completion of the sale, the insider now directly owns 55,403 shares in the company, valued at $4,073,228.56. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Scott Hover-Smoot sold 4,300 shares of the company’s stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $71.72, for a total transaction of $308,396.00. Following the sale, 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. In the last ninety days, insiders sold 43,987 shares of company stock worth $3,271,984. Insiders own 0.40% of the company’s stock.
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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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