GSA Capital Partners LLP trimmed its holdings in shares of Xilinx, Inc. (NASDAQ:XLNX) by 88.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,548 shares of the programmable devices maker’s stock after selling 26,494 shares during the period. GSA Capital Partners LLP’s holdings in Xilinx were worth $256,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the business. BlackRock Inc. raised its holdings in shares of Xilinx by 2.6% during the first quarter. BlackRock Inc. now owns 17,968,994 shares of the programmable devices maker’s stock worth $1,298,079,000 after purchasing an additional 448,428 shares during the period. Geode Capital Management LLC raised its holdings in shares of Xilinx by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 3,026,464 shares of the programmable devices maker’s stock worth $203,676,000 after purchasing an additional 106,582 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Xilinx by 18.7% during the first quarter. Schwab Charles Investment Management Inc. now owns 1,537,863 shares of the programmable devices maker’s stock worth $111,096,000 after purchasing an additional 242,292 shares during the period. Franklin Resources Inc. raised its holdings in shares of Xilinx by 2.3% during the first quarter. Franklin Resources Inc. now owns 1,354,360 shares of the programmable devices maker’s stock worth $97,842,000 after purchasing an additional 30,483 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in shares of Xilinx by 2.3% during the first quarter. Wells Fargo & Company MN now owns 1,317,528 shares of the programmable devices maker’s stock worth $95,177,000 after purchasing an additional 30,034 shares during the period. 89.09% of the stock is currently owned by institutional investors.
XLNX has been the topic of a number of research reports. Zacks Investment Research raised shares of Xilinx from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a report on Saturday, April 7th. BidaskClub raised shares of Xilinx from a “sell” rating to a “hold” rating in a report on Thursday, March 15th. SunTrust Banks dropped their target price on shares of Xilinx to $72.00 and set a “hold” rating on the stock in a report on Thursday, April 26th. ValuEngine cut shares of Xilinx from a “buy” rating to a “hold” rating in a report on Thursday, April 19th. Finally, Nomura raised shares of Xilinx from a “reduce” rating to a “neutral” rating and increased their target price for the stock from $60.00 to $70.00 in a report on Wednesday, May 9th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $74.31.
XLNX stock opened at $65.26 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 4.17 and a current ratio of 4.42. Xilinx, Inc. has a fifty-two week low of $60.12 and a fifty-two week high of $78.02. The stock has a market capitalization of $16.24 billion, a P/E ratio of 22.95, a PEG ratio of 2.36 and a beta of 1.11.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, April 25th. The programmable devices maker reported $0.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.10. Xilinx had a net margin of 20.18% and a return on equity of 29.98%. The business had revenue of $673.00 million for the quarter, compared to analysts’ expectations of $650.29 million. During the same quarter last year, the company earned $0.57 EPS. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. research analysts forecast that Xilinx, Inc. will post 2.88 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 4th. Investors of record on Tuesday, May 15th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend was Monday, May 14th. This is a boost from Xilinx’s previous quarterly dividend of $0.35.
Xilinx, Inc designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; adaptive compute acceleration platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP) core licenses covering Ethernet, memory controllers, Interlaken, and peripheral component interconnect express interfaces, as well as domain-specific IP in the areas of embedded, digital signal processing and connectivity, and market-specific IP cores.
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