Broderick Brian C boosted its stake in Xilinx, Inc. (NASDAQ:XLNX) by 0.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,045 shares of the programmable devices maker’s stock after buying an additional 13 shares during the period. Xilinx accounts for about 1.6% of Broderick Brian C’s investment portfolio, making the stock its 24th largest position. Broderick Brian C’s holdings in Xilinx were worth $4,377,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in XLNX. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Xilinx during the fourth quarter valued at approximately $2,173,000. Perigon Wealth Management LLC raised its stake in Xilinx by 1.1% in the fourth quarter. Perigon Wealth Management LLC now owns 101,132 shares of the programmable devices maker’s stock valued at $5,940,000 after buying an additional 1,132 shares during the period. Kentucky Retirement Systems bought a new stake in Xilinx during the fourth quarter valued at approximately $1,106,000. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Xilinx during the fourth quarter valued at approximately $494,000. Finally, Searle & CO. bought a new stake in Xilinx during the fourth quarter valued at approximately $543,000. Hedge funds and other institutional investors own 92.39% of the company’s stock.
Shares of Xilinx, Inc. (XLNX) traded down 0.49% during trading on Friday, reaching $61.02. The company had a trading volume of 1,686,112 shares. Xilinx, Inc. has a 12 month low of $48.75 and a 12 month high of $68.68. The firm has a market capitalization of $15.17 billion, a P/E ratio of 26.08 and a beta of 1.09. The firm’s 50 day moving average price is $64.24 and its 200 day moving average price is $62.10.
Xilinx (NASDAQ:XLNX) last announced its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $615.40 million for the quarter, compared to analysts’ expectations of $615.69 million. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. Xilinx’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.61 EPS. Equities analysts predict that Xilinx, Inc. will post $2.54 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Thursday, August 10th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Tuesday, August 8th. Xilinx’s dividend payout ratio (DPR) is presently 60.09%.
Several research firms recently commented on XLNX. Vetr lowered Xilinx from a “strong-buy” rating to a “buy” rating and set a $70.95 target price on the stock. in a report on Monday, August 7th. Zacks Investment Research raised Xilinx from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a report on Tuesday, August 1st. Credit Suisse Group set a $75.00 target price on Xilinx and gave the stock a “buy” rating in a report on Thursday, July 27th. BidaskClub lowered Xilinx from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Finally, Barclays PLC set a $65.00 price objective on Xilinx and gave the company a “hold” rating in a report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $64.57.
In other Xilinx news, CFO Lorenzo Flores sold 9,600 shares of the stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $66.69, for a total transaction of $640,224.00. Following the transaction, the chief financial officer now owns 19,058 shares of the company’s stock, valued at approximately $1,270,978.02. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Moshe Gavrielov sold 400 shares of the stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $67.73, for a total value of $27,092.00. Following the transaction, the chief executive officer now directly owns 235,366 shares in the company, valued at approximately $15,941,339.18. The disclosure for this sale can be found here. In the last quarter, insiders have sold 37,931 shares of company stock worth $2,422,890. 0.40% of the stock is owned by insiders.
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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