Parkwood LLC acquired a new position in Xilinx, Inc. (NASDAQ:XLNX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,921 shares of the programmable devices maker’s stock, valued at approximately $445,000.
Several other large investors have also recently modified their holdings of XLNX. Kentucky Retirement Systems bought a new stake in Xilinx during the fourth quarter worth about $1,106,000. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Xilinx during the fourth quarter worth about $494,000. Rosenbaum Jay D. boosted its stake in Xilinx by 0.6% in the first quarter. Rosenbaum Jay D. now owns 23,270 shares of the programmable devices maker’s stock worth $1,348,000 after buying an additional 150 shares in the last quarter. Chevy Chase Trust Holdings Inc. boosted its stake in Xilinx by 1.7% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 217,947 shares of the programmable devices maker’s stock worth $12,617,000 after buying an additional 3,562 shares in the last quarter. Finally, Creative Planning boosted its stake in shares of Xilinx by 27.9% in the first quarter. Creative Planning now owns 7,901 shares of the programmable devices maker’s stock valued at $457,000 after buying an additional 1,723 shares during the period. 92.39% of the stock is currently owned by institutional investors and hedge funds.
Xilinx, Inc. (NASDAQ XLNX) opened at 61.02 on Friday. The stock has a market cap of $15.17 billion, a PE ratio of 26.08 and a beta of 1.09. The firm has a 50-day moving average price of $64.24 and a 200 day moving average price of $62.10. Xilinx, Inc. has a 52-week low of $48.75 and a 52-week high of $68.68.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.03. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. The company had revenue of $615.40 million for the quarter, compared to analyst estimates of $615.69 million. During the same period in the prior year, the company posted $0.61 EPS. The company’s revenue was up 7.0% compared to the same quarter last year. Equities analysts anticipate that Xilinx, Inc. will post $2.54 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Thursday, August 10th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $1.40 annualized dividend and a dividend yield of 2.29%. Xilinx’s dividend payout ratio is currently 60.09%.
Several equities research analysts have issued reports on the stock. BidaskClub raised shares of Xilinx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 24th. Vetr lowered Xilinx from a “buy” rating to a “hold” rating and set a $69.47 price target on the stock. in a report on Monday, June 26th. Wells Fargo & Company lowered Xilinx from an “outperform” rating to a “market perform” rating and set a $66.00 price target on the stock. in a report on Tuesday, May 23rd. Barclays PLC upgraded 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 report on Tuesday, July 18th. Finally, Pacific Crest reiterated an “overweight” rating and set a $70.00 price target on shares of Xilinx in a report on Friday, May 19th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $64.57.
In related news, CEO Moshe Gavrielov sold 400 shares of the stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $67.73, for a total transaction of $27,092.00. Following the sale, the chief executive officer now directly owns 235,366 shares in the company, valued at approximately $15,941,339.18. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Steven L. Glaser sold 15,788 shares of the stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $63.38, for a total value of $1,000,643.44. Following the sale, the insider now owns 12,387 shares in the company, valued at $785,088.06. The disclosure for this sale can be found here. Over the last quarter, insiders sold 37,931 shares of company stock worth $2,422,890. 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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