Norinchukin Bank The trimmed its position in Xilinx, Inc. (NASDAQ:XLNX) by 55.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 20,704 shares of the programmable devices maker’s stock after selling 25,517 shares during the period. Norinchukin Bank The’s holdings in Xilinx were worth $1,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently bought and sold shares of the stock. Commonwealth Bank of Australia grew its position in Xilinx by 4.0% in the 3rd quarter. Commonwealth Bank of Australia now owns 18,917 shares of the programmable devices maker’s stock valued at $1,334,000 after buying an additional 731 shares during the last quarter. Penserra Capital Management LLC grew its position in Xilinx by 18.6% in the 4th quarter. Penserra Capital Management LLC now owns 4,760 shares of the programmable devices maker’s stock valued at $320,000 after buying an additional 748 shares during the last quarter. One Capital Management LLC boosted its position in shares of Xilinx by 2.4% during the 3rd quarter. One Capital Management LLC now owns 34,085 shares of the programmable devices maker’s stock worth $2,414,000 after purchasing an additional 815 shares in the last quarter. Page Arthur B boosted its position in shares of Xilinx by 2.6% during the 3rd quarter. Page Arthur B now owns 33,090 shares of the programmable devices maker’s stock worth $2,343,000 after purchasing an additional 835 shares in the last quarter. Finally, New Mexico Educational Retirement Board boosted its position in shares of Xilinx by 3.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 23,945 shares of the programmable devices maker’s stock worth $1,614,000 after purchasing an additional 900 shares in the last quarter. Hedge funds and other institutional investors own 93.17% of the company’s stock.
In other news, insider Vincent Tong sold 19,687 shares of Xilinx stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $73.52, for a total transaction of $1,447,388.24. Following the completion of the transaction, the insider now owns 55,403 shares of the company’s stock, valued at approximately $4,073,228.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Moshe Gavrielov sold 20,000 shares of Xilinx stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $75.81, for a total value of $1,516,200.00. Following the transaction, the chief executive officer now directly owns 62,813 shares of the company’s stock, valued at approximately $4,761,853.53. The disclosure for this sale can be found here. Insiders have sold a total of 43,987 shares of company stock valued at $3,271,984 in the last ninety days. Corporate insiders own 0.40% of the company’s stock.
Several equities research analysts have commented on XLNX shares. Mizuho restated a “buy” rating and set a $74.00 target price (up from $69.00) on shares of Xilinx in a research report on Thursday, January 25th. Goldman Sachs Group upgraded shares of Xilinx from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Argus boosted their target price on shares of Xilinx to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. BidaskClub upgraded shares of Xilinx from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. Finally, Barclays restated a “hold” rating and set a $70.00 target price on shares of Xilinx in a research report on Friday, January 19th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Xilinx currently has a consensus rating of “Hold” and a consensus price target of $73.45.
Xilinx, Inc. (NASDAQ:XLNX) opened at $70.05 on Friday. The stock has a market capitalization of $18,140.00, a price-to-earnings ratio of 27.91, a PEG ratio of 3.57 and a beta of 1.13. The company has a debt-to-equity ratio of 0.73, a quick ratio of 8.59 and a current ratio of 9.08. Xilinx, Inc. has a one year low of $54.99 and a one year high of $77.26.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.58). The firm had revenue of $631.00 million for the quarter, compared to analyst estimates of $630.00 million. Xilinx had a return on equity of 27.61% and a net margin of 20.20%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $0.52 EPS. research analysts forecast that Xilinx, Inc. will post 2.07 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Wednesday, February 7th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.00%. The ex-dividend date of this dividend was Tuesday, February 6th. Xilinx’s dividend payout ratio (DPR) is presently 55.78%.
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Xilinx, Inc (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and various third-party verification and IP cores.
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