Robecosam AG lowered its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 38.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 424,000 shares of the programmable devices maker’s stock after selling 269,000 shares during the quarter. Xilinx makes up 2.1% of Robecosam AG’s portfolio, making the stock its 12th biggest position. Robecosam AG owned 0.17% of Xilinx worth $50,108,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of XLNX. FMR LLC raised its holdings in shares of Xilinx by 67.6% in the 1st quarter. FMR LLC now owns 7,672,404 shares of the programmable devices maker’s stock valued at $972,785,000 after purchasing an additional 3,093,316 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Xilinx by 12.2% in the 1st quarter. BlackRock Inc. now owns 21,137,464 shares of the programmable devices maker’s stock valued at $2,680,020,000 after purchasing an additional 2,294,950 shares in the last quarter. Swedbank bought a new stake in shares of Xilinx in the 1st quarter valued at about $111,757,000. Janus Henderson Group PLC raised its holdings in shares of Xilinx by 24.5% in the 2nd quarter. Janus Henderson Group PLC now owns 3,487,605 shares of the programmable devices maker’s stock valued at $411,258,000 after purchasing an additional 686,461 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of Xilinx by 133.9% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 814,492 shares of the programmable devices maker’s stock valued at $96,044,000 after purchasing an additional 466,247 shares in the last quarter. Institutional investors and hedge funds own 85.81% of the company’s stock.
Several research analysts recently commented on XLNX shares. MKM Partners boosted their price objective on shares of Xilinx to $120.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. Deutsche Bank reduced their price objective on shares of Xilinx from $125.00 to $120.00 and set a “hold” rating for the company in a research note on Thursday, April 25th. KeyCorp reiterated an “overweight” rating and set a $140.00 price objective (up previously from $130.00) on shares of Xilinx in a research note on Thursday, July 25th. Barclays reduced their price objective on shares of Xilinx from $130.00 to $105.00 and set an “equal weight” rating for the company in a research note on Thursday, June 6th. Finally, Needham & Company LLC lowered shares of Xilinx from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th. Fourteen analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $119.52.
NASDAQ:XLNX traded up $2.88 during trading hours on Tuesday, hitting $106.06. 140,762 shares of the company were exchanged, compared to its average volume of 3,700,159. The stock has a market cap of $25.95 billion, a PE ratio of 30.45, a price-to-earnings-growth ratio of 2.30 and a beta of 1.23. Xilinx, Inc. has a 52-week low of $68.76 and a 52-week high of $141.60. The company has a debt-to-equity ratio of 0.48, a current ratio of 7.22 and a quick ratio of 6.54. The company’s 50 day moving average is $116.66.
Xilinx (NASDAQ:XLNX) last released its earnings results on Wednesday, July 24th. The programmable devices maker reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.03. The company had revenue of $849.60 million for the quarter, compared to the consensus estimate of $849.76 million. Xilinx had a net margin of 29.19% and a return on equity of 35.99%. Xilinx’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.74 EPS. As a group, equities research analysts predict that Xilinx, Inc. will post 3.77 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 27th. Shareholders of record on Wednesday, August 7th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.40%. The ex-dividend date is Tuesday, August 6th. Xilinx’s dividend payout ratio is presently 42.53%.
In other news, Director Elizabeth W. Vanderslice sold 2,000 shares of the company’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $101.50, for a total value of $203,000.00. Following the sale, the director now directly owns 29,483 shares of the company’s stock, valued at approximately $2,992,524.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Catia Hagopian sold 1,000 shares of the company’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $120.00, for a total transaction of $120,000.00. Following the completion of the sale, the vice president now directly owns 16,674 shares in the company, valued at $2,000,880. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,821 shares of company stock worth $2,377,587. 0.19% of the stock is owned by insiders.
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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