Nicolet Bankshares Inc. decreased its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 3.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,615 shares of the programmable devices maker’s stock after selling 125 shares during the period. Nicolet Bankshares Inc.’s holdings in Xilinx were worth $233,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Wealthsource Partners LLC raised its stake in shares of Xilinx by 0.6% in the first quarter. Wealthsource Partners LLC now owns 6,290 shares of the programmable devices maker’s stock worth $364,000 after buying an additional 40 shares during the period. HighTower Advisors LLC raised its stake in shares of Xilinx by 0.9% in the first quarter. HighTower Advisors LLC now owns 7,106 shares of the programmable devices maker’s stock worth $409,000 after buying an additional 60 shares during the period. Notis McConarty Edward raised its stake in shares of Xilinx by 0.3% in the second quarter. Notis McConarty Edward now owns 20,655 shares of the programmable devices maker’s stock worth $1,328,000 after buying an additional 60 shares during the period. Capital Advantage Inc. raised its stake in shares of Xilinx by 1.1% in the first quarter. Capital Advantage Inc. now owns 6,640 shares of the programmable devices maker’s stock worth $384,000 after buying an additional 75 shares during the period. Finally, ING Groep NV raised its stake in shares of Xilinx by 0.3% in the second quarter. ING Groep NV now owns 30,682 shares of the programmable devices maker’s stock worth $1,973,000 after buying an additional 93 shares during the period. 94.61% of the stock is owned by institutional investors.
Xilinx, Inc. (XLNX) traded up 1.05% during trading on Friday, hitting $62.42. The stock had a trading volume of 2,039,090 shares. The firm has a market capitalization of $15.52 billion, a P/E ratio of 26.68 and a beta of 1.09. Xilinx, Inc. has a one year low of $48.75 and a one year high of $68.68. The stock has a 50 day moving average of $64.80 and a 200 day moving average of $61.97.
Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.03. The firm had revenue of $615.40 million for the quarter, compared to analyst estimates of $615.69 million. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. The business’s revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.61 earnings per share. Equities research analysts expect that Xilinx, Inc. will post $2.54 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Thursday, August 10th will be paid a $0.35 dividend. The ex-dividend date is Tuesday, August 8th. This represents a $1.40 annualized dividend and a dividend yield of 2.24%. Xilinx’s payout ratio is presently 60.09%.
XLNX has been the subject of a number of research reports. Pacific Crest restated an “overweight” rating and issued a $70.00 target price on shares of Xilinx in a research note on Monday, May 8th. Credit Suisse Group set a $75.00 target price on Xilinx and gave the company a “buy” rating in a research note on Thursday, July 27th. Mizuho reiterated a “hold” rating and issued a $64.00 price objective on shares of Xilinx in a research report on Thursday, April 27th. Jefferies Group LLC lifted their price objective on Xilinx from $55.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday, April 28th. Finally, Barclays PLC set a $65.00 price objective on Xilinx and gave the stock a “hold” rating in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $64.57.
In other Xilinx news, CEO Moshe Gavrielov sold 600 shares of the business’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $64.75, for a total value of $38,850.00. Following the sale, the chief executive officer now directly owns 235,766 shares in the company, valued at $15,265,848.50. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Lorenzo Flores sold 9,600 shares of the business’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $66.69, for a total value of $640,224.00. Following the completion of the sale, the chief financial officer now owns 19,058 shares in the company, valued at $1,270,978.02. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 38,531 shares of company stock worth $2,461,740. Corporate insiders own 0.40% of the company’s stock.
Xilinx Company Profile
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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