Fulton Breakefield Broenniman LLC acquired a new position in Xilinx, Inc. (NASDAQ:XLNX) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,670 shares of the programmable devices maker’s stock, valued at approximately $448,000.
Several other institutional investors have also recently modified their holdings of XLNX. Advisory Services Network LLC increased its stake in shares of Xilinx by 955.4% during the 1st quarter. Advisory Services Network LLC now owns 6,902 shares of the programmable devices maker’s stock worth $875,000 after purchasing an additional 6,248 shares in the last quarter. Boothe Investment Group Inc. acquired a new stake in shares of Xilinx in the 2nd quarter valued at approximately $2,753,000. Montecito Bank & Trust raised its position in shares of Xilinx by 62.9% in the 2nd quarter. Montecito Bank & Trust now owns 3,625 shares of the programmable devices maker’s stock valued at $427,000 after acquiring an additional 1,400 shares during the period. Retirement Systems of Alabama raised its position in shares of Xilinx by 0.5% in the 2nd quarter. Retirement Systems of Alabama now owns 118,416 shares of the programmable devices maker’s stock valued at $13,964,000 after acquiring an additional 533 shares during the period. Finally, Zweig DiMenna Associates LLC raised its position in shares of Xilinx by 143.6% in the 2nd quarter. Zweig DiMenna Associates LLC now owns 38,753 shares of the programmable devices maker’s stock valued at $4,570,000 after acquiring an additional 22,844 shares during the period. Institutional investors and hedge funds own 84.86% of the company’s stock.
In other news, CEO Victor Peng sold 6,489 shares of Xilinx stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $100.00, for a total value of $648,900.00. Following the sale, the chief executive officer now directly owns 66,887 shares in the company, valued at $6,688,700. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Vincent Tong sold 8,000 shares of Xilinx stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $105.00, for a total transaction of $840,000.00. Following the completion of the sale, the executive vice president now owns 36,775 shares in the company, valued at $3,861,375. The disclosure for this sale can be found here. Insiders sold 27,048 shares of company stock worth $2,934,041 over the last quarter. 0.19% of the stock is owned by corporate insiders.
NASDAQ XLNX opened at $94.34 on Friday. The company has a quick ratio of 6.54, a current ratio of 7.22 and a debt-to-equity ratio of 0.48. Xilinx, Inc. has a 12-month low of $68.76 and a 12-month high of $141.60. The company has a market capitalization of $23.97 billion, a PE ratio of 27.11, a price-to-earnings-growth ratio of 2.13 and a beta of 1.25. The firm’s 50 day moving average is $99.00 and its 200-day moving average is $111.17.
Xilinx (NASDAQ:XLNX) last posted its quarterly earnings data on Wednesday, July 24th. The programmable devices maker reported $0.97 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.03. Xilinx had a net margin of 29.19% and a return on equity of 35.99%. The company had revenue of $849.60 million for the quarter, compared to the consensus estimate of $849.76 million. During the same period last year, the company earned $0.74 earnings per share. The firm’s revenue was up 24.1% compared to the same quarter last year. As a group, sell-side analysts expect that Xilinx, Inc. will post 3.72 EPS for the current year.
XLNX has been the topic of a number of analyst reports. Mizuho reiterated a “buy” rating and issued a $140.00 price target on shares of Xilinx in a research report on Sunday, August 18th. Benchmark started coverage on shares of Xilinx in a report on Tuesday, July 23rd. They set a “hold” rating on the stock. Barclays dropped their target price on shares of Xilinx from $110.00 to $100.00 and set an “equal weight” rating on the stock in a report on Thursday, September 12th. ValuEngine downgraded shares of Xilinx from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Finally, BidaskClub downgraded shares of Xilinx from a “sell” rating to a “strong sell” rating in a report on Thursday, October 10th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $119.14.
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.
Featured Story: What is the cash asset ratio?
Want to see what other hedge funds are holding XLNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xilinx, Inc. (NASDAQ:XLNX).
Receive News & Ratings for Xilinx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xilinx and related companies with MarketBeat.com's FREE daily email newsletter.