Candriam Luxembourg S.C.A. lessened its holdings in shares of Xilinx, Inc. (NASDAQ:XLNX) by 38.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 125,900 shares of the programmable devices maker’s stock after selling 80,280 shares during the quarter. Candriam Luxembourg S.C.A.’s holdings in Xilinx were worth $9,095,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of XLNX. Schwab Charles Investment Management Inc. grew its stake in Xilinx by 6.5% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,295,571 shares of the programmable devices maker’s stock valued at $87,348,000 after purchasing an additional 78,747 shares in the last quarter. Westpac Banking Corp boosted its stake in shares of Xilinx by 38.4% during the 4th quarter. Westpac Banking Corp now owns 20,265 shares of the programmable devices maker’s stock worth $1,366,000 after acquiring an additional 5,620 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of Xilinx by 195.6% during the 4th quarter. State of Alaska Department of Revenue now owns 46,740 shares of the programmable devices maker’s stock worth $3,148,000 after purchasing an additional 30,930 shares during the last quarter. Patten & Patten Inc. TN lifted its position in shares of Xilinx by 31.5% during the 4th quarter. Patten & Patten Inc. TN now owns 22,210 shares of the programmable devices maker’s stock worth $1,497,000 after purchasing an additional 5,315 shares during the last quarter. Finally, Cerebellum GP LLC acquired a new position in shares of Xilinx during the 4th quarter worth about $126,000. 89.09% of the stock is currently owned by institutional investors.
Several equities analysts have commented on XLNX shares. BidaskClub raised Xilinx from a “sell” rating to a “hold” rating in a report on Thursday, March 15th. JPMorgan Chase & Co. cut Xilinx from a “neutral” rating to an “underweight” rating and set a $73.00 target price for the company. in a report on Friday, April 6th. Zacks Investment Research raised Xilinx from a “hold” rating to a “buy” rating and set a $79.00 target price for the company in a report on Saturday, April 7th. ValuEngine lowered Xilinx from a “buy” rating to a “hold” rating in a research report on Thursday, April 19th. Finally, KeyCorp decreased their price objective on Xilinx from $87.00 to $80.00 and set an “overweight” rating on the stock in a research report on Thursday, April 26th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the stock. Xilinx has a consensus rating of “Hold” and a consensus price target of $74.10.
Shares of NASDAQ:XLNX traded up $0.66 during trading on Thursday, reaching $70.44. 1,359,963 shares of the stock were exchanged, compared to its average volume of 2,711,314. The company has a quick ratio of 4.17, a current ratio of 4.42 and a debt-to-equity ratio of 0.52. Xilinx, Inc. has a 12 month low of $60.12 and a 12 month high of $78.02. The stock has a market cap of $17.67 billion, a PE ratio of 24.81, a P/E/G ratio of 2.58 and a beta of 1.11.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings results on Wednesday, April 25th. The programmable devices maker reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.10. Xilinx had a net margin of 20.18% and a return on equity of 29.98%. The company had revenue of $673.00 million during the quarter, compared to the consensus estimate of $650.29 million. During the same period in the previous year, the business earned $0.57 earnings per share. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. equities research analysts expect that Xilinx, Inc. will post 2.9 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, June 4th. Shareholders of record on Tuesday, May 15th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.04%. 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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