United Capital Financial Advisers LLC boosted its position in Xilinx, Inc. (NASDAQ:XLNX) by 13.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 213,237 shares of the programmable devices maker’s stock after purchasing an additional 24,533 shares during the period. United Capital Financial Advisers LLC owned about 0.08% of Xilinx worth $25,145,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of XLNX. Steward Partners Investment Advisory LLC boosted its position in Xilinx by 4.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,956 shares of the programmable devices maker’s stock valued at $230,000 after buying an additional 81 shares during the period. Ballentine Partners LLC boosted its holdings in Xilinx by 5.1% in the second quarter. Ballentine Partners LLC now owns 1,759 shares of the programmable devices maker’s stock worth $207,000 after purchasing an additional 85 shares during the last quarter. Lyell Wealth Management LP boosted its holdings in Xilinx by 1.2% in the second quarter. Lyell Wealth Management LP now owns 8,212 shares of the programmable devices maker’s stock worth $968,000 after purchasing an additional 100 shares during the last quarter. Citizens Financial Group Inc RI boosted its holdings in Xilinx by 114.2% in the second quarter. Citizens Financial Group Inc RI now owns 257 shares of the programmable devices maker’s stock worth $30,000 after purchasing an additional 137 shares during the last quarter. Finally, Lenox Wealth Management Inc. boosted its holdings in Xilinx by 11.9% in the second quarter. Lenox Wealth Management Inc. now owns 1,301 shares of the programmable devices maker’s stock worth $153,000 after purchasing an additional 138 shares during the last quarter. Institutional investors and hedge funds own 85.06% of the company’s stock.
In other news, VP Catia Hagopian sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $120.00, for a total value of $120,000.00. Following the completion of the sale, the vice president now owns 16,674 shares of the company’s stock, valued at approximately $2,000,880. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Emre Onder sold 2,222 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $120.78, for a total transaction of $268,373.16. Following the completion of the sale, the senior vice president now directly owns 3,239 shares of the company’s stock, valued at approximately $391,206.42. The disclosure for this sale can be found here. Insiders sold a total of 32,531 shares of company stock valued at $3,591,480 in the last ninety days. Corporate insiders own 0.19% of the company’s stock.
Several equities research analysts recently issued reports on XLNX shares. ValuEngine cut shares of Xilinx from a “buy” rating to a “hold” rating in a report on Friday, August 23rd. KeyCorp reaffirmed an “overweight” rating and set a $130.00 price target (down from $140.00) on shares of Xilinx in a research note on Monday, August 26th. Mizuho reaffirmed a “buy” rating and set a $140.00 price target on shares of Xilinx in a research note on Sunday, August 18th. Morgan Stanley lifted their price target on shares of Xilinx from $126.00 to $134.00 and gave the stock an “overweight” rating in a research note on Thursday, July 25th. Finally, Benchmark initiated coverage on shares of Xilinx in a research note on Tuesday, July 23rd. They set a “hold” rating for the company. Fifteen equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $118.81.
Xilinx stock traded up $0.51 during trading hours on Friday, hitting $105.54. The company had a trading volume of 89,212 shares, compared to its average volume of 2,517,548. The firm has a market cap of $26.65 billion, a P/E ratio of 30.31, a P/E/G ratio of 2.36 and a beta of 1.27. The company has a debt-to-equity ratio of 0.48, a quick ratio of 6.54 and a current ratio of 7.22. Xilinx, Inc. has a 1 year low of $68.76 and a 1 year high of $141.60. The company has a 50-day moving average price of $107.85 and a two-hundred day moving average price of $116.10.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, July 24th. The programmable devices maker reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.03. The company had revenue of $849.60 million during the quarter, compared to analysts’ expectations of $849.76 million. Xilinx had a net margin of 29.19% and a return on equity of 35.99%. The firm’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.74 EPS. As a group, equities research analysts anticipate that Xilinx, Inc. will post 3.77 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 27th. Stockholders of record on Wednesday, August 7th were given a $0.37 dividend. The ex-dividend date was Tuesday, August 6th. This represents a $1.48 annualized dividend and a dividend yield of 1.40%. Xilinx’s payout ratio is presently 42.53%.
Xilinx Company Profile
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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