Robecosam AG raised its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 35.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 420,000 shares of the programmable devices maker’s stock after acquiring an additional 110,000 shares during the period. Xilinx comprises 1.9% of Robecosam AG’s holdings, making the stock its 9th biggest holding. Robecosam AG owned approximately 0.16% of Xilinx worth $28,770,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. boosted its stake in shares of Xilinx by 3.1% during the fourth quarter. BlackRock Inc. now owns 17,520,566 shares of the programmable devices maker’s stock valued at $1,181,236,000 after purchasing an additional 525,871 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Xilinx by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 3,026,464 shares of the programmable devices maker’s stock valued at $203,676,000 after purchasing an additional 106,582 shares in the last quarter. Alkeon Capital Management LLC boosted its stake in shares of 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 valued at $176,660,000 after purchasing an additional 10,000 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Xilinx by 1.2% in the fourth quarter. Bank of New York Mellon Corp now owns 2,048,881 shares of the programmable devices maker’s stock worth $138,136,000 after acquiring an additional 24,623 shares during the period. Finally, Legal & General Group Plc lifted its stake 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 worth $93,067,000 after acquiring an additional 79,891 shares during the period. Hedge funds and other institutional investors own 91.67% of the company’s stock.
XLNX has been the topic of a number of recent analyst reports. Goldman Sachs Group raised Xilinx from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. BidaskClub raised Xilinx from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. SunTrust Banks lifted their price objective on Xilinx to $79.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th. JPMorgan Chase & Co. lifted their price objective on Xilinx from $67.00 to $73.00 and gave the stock a “neutral” rating in a research note on Thursday, January 25th. Finally, Bank of America lifted their price objective on Xilinx from $61.00 to $70.00 and gave the stock an “underperform” rating in a research note on Thursday, January 25th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company. Xilinx currently has a consensus rating of “Hold” and a consensus price target of $73.45.
In other Xilinx news, CEO Moshe Gavrielov sold 20,000 shares of Xilinx stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $75.81, for a total value of $1,516,200.00. Following the completion of the sale, the chief executive officer now directly owns 62,813 shares in the company, valued at $4,761,853.53. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Scott Hover-Smoot sold 4,300 shares of Xilinx stock in a transaction that occurred on Tuesday, January 30th. The stock was 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 43,987 shares of company stock valued at $3,271,984. 0.40% of the stock is currently owned by corporate insiders.
Shares of Xilinx, Inc. (XLNX) opened at $76.20 on Monday. The firm has a market capitalization of $19,416.92, a P/E ratio of 29.19, a price-to-earnings-growth ratio of 4.12 and a beta of 1.11. The company has a quick ratio of 8.59, a current ratio of 9.08 and a debt-to-equity ratio of 0.73. Xilinx, Inc. has a 1-year low of $54.99 and a 1-year high of $77.26.
Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.58). The business had revenue of $631.00 million during the quarter, compared to the consensus estimate of $630.00 million. Xilinx had a return on equity of 27.61% and a net margin of 20.20%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 earnings per share. equities analysts anticipate that Xilinx, Inc. will post 1.98 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Wednesday, February 7th were issued a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, February 6th. This represents a $1.40 dividend on an annualized basis and a yield of 1.84%. Xilinx’s payout ratio is currently 73.68%.
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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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