Bank of New York Mellon Corp lifted its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 0.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,024,258 shares of the programmable devices maker’s stock after purchasing an additional 1,906 shares during the quarter. Bank of New York Mellon Corp owned about 0.81% of Xilinx worth $143,376,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Xilinx by 2.4% in the 2nd quarter. Vanguard Group Inc. now owns 27,668,265 shares of the programmable devices maker’s stock valued at $1,779,622,000 after purchasing an additional 638,165 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of Xilinx by 743.4% in the second quarter. Janus Henderson Group PLC now owns 7,287,938 shares of the programmable devices maker’s stock valued at $468,770,000 after purchasing an additional 6,423,813 shares in the last quarter. Discovery Capital Management LLC CT grew its position in shares of Xilinx by 5.6% in the second quarter. Discovery Capital Management LLC CT now owns 3,358,055 shares of the programmable devices maker’s stock valued at $215,990,000 after purchasing an additional 177,100 shares in the last quarter. American Century Companies Inc. grew its position in shares of Xilinx by 104.8% in the second quarter. American Century Companies Inc. now owns 3,134,197 shares of the programmable devices maker’s stock valued at $201,592,000 after purchasing an additional 1,603,850 shares in the last quarter. Finally, Pictet Asset Management Ltd. grew its position in shares of Xilinx by 67.6% in the third quarter. Pictet Asset Management Ltd. now owns 2,301,908 shares of the programmable devices maker’s stock valued at $163,044,000 after purchasing an additional 928,405 shares in the last quarter. 95.23% of the stock is owned by institutional investors.
In other news, insider Victor Peng sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $72.00, for a total value of $1,800,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Moshe Gavrielov sold 1,400 shares of the company’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $73.38, for a total transaction of $102,732.00. Following the completion of the sale, the chief executive officer now directly owns 111,413 shares of the company’s stock, valued at $8,175,485.94. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 213,127 shares of company stock valued at $15,135,685. Insiders own 0.40% of the company’s stock.
A number of research analysts recently commented on XLNX shares. Credit Suisse Group reiterated an “outperform” rating on shares of Xilinx in a report on Thursday, August 31st. Deutsche Bank upped their price target on Xilinx from $63.00 to $65.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. Barclays upped their price target on Xilinx from $65.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 26th. Zacks Investment Research lowered Xilinx from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Finally, KeyCorp set a $78.00 target price on Xilinx and gave the company a “buy” rating in a report on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $69.73.
Xilinx, Inc. (NASDAQ XLNX) traded up $0.61 during trading hours on Thursday, hitting $69.00. 1,192,390 shares of the company traded hands, compared to its average volume of 2,611,097. Xilinx, Inc. has a 1-year low of $54.99 and a 1-year high of $75.14. The company has a debt-to-equity ratio of 0.70, a current ratio of 9.86 and a quick ratio of 9.35. The firm has a market cap of $17,170.20, a price-to-earnings ratio of 28.87, a price-to-earnings-growth ratio of 2.83 and a beta of 1.07.
Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, October 25th. The programmable devices maker reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. Xilinx had a net margin of 25.93% and a return on equity of 25.17%. The firm had revenue of $620.00 million for the quarter, compared to analyst estimates of $620.99 million. During the same quarter in the previous year, the business posted $0.61 EPS. The firm’s revenue was up 7.1% compared to the same quarter last year. equities research analysts forecast that Xilinx, Inc. will post 2.59 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend was Tuesday, November 14th. Xilinx’s dividend payout ratio is presently 59.07%.
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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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