Thrivent Financial For Lutherans boosted its stake in shares of Xilinx, Inc. (NASDAQ:XLNX) by 12.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 393,807 shares of the programmable devices maker’s stock after acquiring an additional 43,649 shares during the period. Thrivent Financial For Lutherans owned about 0.15% of Xilinx worth $26,551,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of XLNX. AXA grew its holdings in shares of Xilinx by 680.6% during the fourth quarter. AXA now owns 942,838 shares of the programmable devices maker’s stock worth $63,566,000 after buying an additional 822,054 shares in the last quarter. BlackRock Inc. grew its holdings 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 worth $1,181,236,000 after buying an additional 525,871 shares in the last quarter. Schroder Investment Management Group grew its holdings in shares of Xilinx by 270.8% during the fourth quarter. Schroder Investment Management Group now owns 429,356 shares of the programmable devices maker’s stock worth $28,948,000 after buying an additional 313,561 shares in the last quarter. Point72 Asset Management L.P. grew its holdings in shares of Xilinx by 4,092.9% during the third quarter. Point72 Asset Management L.P. now owns 259,962 shares of the programmable devices maker’s stock worth $18,413,000 after buying an additional 253,762 shares in the last quarter. Finally, Vident Investment Advisory LLC purchased a new stake in shares of Xilinx during the third quarter worth $13,824,000. Institutional investors own 91.67% of the company’s stock.
A number of equities research analysts have recently issued reports on the stock. SunTrust Banks upped their target price on shares of Xilinx to $79.00 and gave the stock an “outperform” rating in a report on Thursday, January 25th. Mizuho reaffirmed a “buy” rating and set a $74.00 target price (up previously from $69.00) on shares of Xilinx in a report on Thursday, January 25th. BidaskClub raised shares of Xilinx from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Morgan Stanley upped their price objective on shares of Xilinx from $72.00 to $78.00 and gave the company an “overweight” rating in a report on Wednesday, December 13th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Xilinx from $67.00 to $73.00 and gave the company a “neutral” rating in a report on Thursday, January 25th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $73.45.
In related news, CEO Moshe Gavrielov sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $75.81, for a total value of $1,516,200.00. Following the sale, the chief executive officer now owns 62,813 shares of the company’s stock, valued at $4,761,853.53. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Vincent Tong sold 19,687 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $73.52, for a total transaction of $1,447,388.24. Following the completion of the sale, the insider now directly owns 55,403 shares in the company, valued at approximately $4,073,228.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 43,987 shares of company stock worth $3,271,984. 0.40% of the stock is owned by corporate insiders.
Shares of Xilinx, Inc. (NASDAQ XLNX) traded up $0.20 on Friday, hitting $76.03. 3,535,009 shares of the stock traded hands, compared to its average volume of 2,259,750. The firm has a market capitalization of $19,322.64, a PE ratio of 40.02, a PEG ratio of 4.10 and a beta of 1.11. Xilinx, Inc. has a 1-year low of $54.99 and a 1-year high of $78.02. The company has a debt-to-equity ratio of 0.73, a current ratio of 9.08 and a quick ratio of 8.59.
Xilinx (NASDAQ:XLNX) last issued its quarterly earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.58). The business had revenue of $631.00 million for the quarter, compared to analyst estimates of $630.00 million. Xilinx had a return on equity of 27.61% and a net margin of 20.20%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 EPS. equities research analysts forecast that Xilinx, Inc. will post 1.98 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Wednesday, February 7th were given a dividend of $0.35 per share. The ex-dividend date was Tuesday, February 6th. This represents a $1.40 annualized dividend and a dividend yield of 1.84%. Xilinx’s dividend payout ratio is presently 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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