Trust Co. of Toledo NA OH lifted its stake in Xilinx, Inc. (NASDAQ:XLNX) by 1.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,238 shares of the programmable devices maker’s stock after purchasing an additional 406 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in Xilinx were worth $2,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. TrimTabs Asset Management LLC purchased a new stake in shares of Xilinx in the first quarter worth approximately $1,153,000. Fulton Bank N.A. lifted its position in shares of Xilinx by 16.9% in the first quarter. Fulton Bank N.A. now owns 2,711 shares of the programmable devices maker’s stock worth $336,000 after purchasing an additional 392 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Xilinx by 65.4% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 105,603 shares of the programmable devices maker’s stock worth $14,796,000 after purchasing an additional 41,738 shares in the last quarter. Midwest Professional Planners LTD. raised its position in Xilinx by 7.6% during the fourth quarter. Midwest Professional Planners LTD. now owns 4,055 shares of the programmable devices maker’s stock valued at $575,000 after acquiring an additional 288 shares in the last quarter. Finally, Childress Capital Advisors LLC bought a new position in Xilinx during the fourth quarter valued at approximately $26,000. 84.50% of the stock is owned by institutional investors and hedge funds.
Several brokerages recently weighed in on XLNX. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Xilinx from $143.00 to $155.00 and gave the company a “hold” rating in a research report on Thursday, December 17th. Mizuho raised their price objective on shares of Xilinx from $112.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, December 28th. Cowen raised their price objective on shares of Xilinx from $120.00 to $153.00 and gave the company a “market perform” rating in a research report on Thursday, January 28th. Finally, Argus lowered shares of Xilinx from a “buy” rating to a “hold” rating in a research report on Friday, January 29th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $122.06.
In other Xilinx news, EVP William Christopher Madden sold 5,400 shares of Xilinx stock in a transaction on Tuesday, February 9th. The shares were sold at an average price of $141.34, for a total transaction of $763,236.00. Following the sale, the executive vice president now owns 8,988 shares in the company, valued at $1,270,363.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Sumeet Gagneja sold 850 shares of Xilinx stock in a transaction on Thursday, February 11th. The stock was sold at an average price of $143.61, for a total transaction of $122,068.50. Following the sale, the vice president now owns 1,287 shares in the company, valued at approximately $184,826.07. The disclosure for this sale can be found here. 0.20% of the stock is owned by insiders.
Shares of Xilinx stock traded up $0.61 during midday trading on Thursday, hitting $132.29. The company had a trading volume of 62,356 shares, compared to its average volume of 2,684,518. The business’s 50 day simple moving average is $126.94 and its two-hundred day simple moving average is $130.33. The stock has a market cap of $32.51 billion, a PE ratio of 51.44, a P/E/G ratio of 4.45 and a beta of 0.96. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.50 and a quick ratio of 3.22. Xilinx, Inc. has a 1-year low of $80.45 and a 1-year high of $154.93.
Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, January 27th. The programmable devices maker reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.09. Xilinx had a net margin of 21.22% and a return on equity of 30.66%. The business had revenue of $803.40 million for the quarter, compared to the consensus estimate of $776.28 million. During the same quarter last year, the company posted $0.68 earnings per share. Xilinx’s quarterly revenue was up 11.0% on a year-over-year basis. On average, sell-side analysts expect that Xilinx, Inc. will post 2.91 EPS for the current fiscal year.
Xilinx, Inc engages in the design and development of programmable logic semiconductor devices and the related software design tools. It also provides design services, customer training, field engineering, and technical support. The company was founded by Ross Freeman, Bernard Vonderschmitt, and James V.
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