Aberdeen Asset Management PLC UK trimmed its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 3.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 208,192 shares of the programmable devices maker’s stock after selling 8,112 shares during the period. Aberdeen Asset Management PLC UK owned approximately 0.08% of Xilinx worth $13,391,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in XLNX. Winslow Capital Management LLC acquired a new stake in Xilinx during the first quarter worth about $203,769,000. Canada Pension Plan Investment Board grew its stake in Xilinx by 779.5% during the second quarter. Canada Pension Plan Investment Board now owns 1,827,386 shares of the programmable devices maker’s stock worth $117,537,000 after buying an additional 1,619,600 shares in the last quarter. American Century Companies Inc. grew its stake in Xilinx by 104.8% during the second quarter. American Century Companies Inc. now owns 3,134,197 shares of the programmable devices maker’s stock worth $201,592,000 after buying an additional 1,603,850 shares in the last quarter. Marshall Wace North America L.P. acquired a new stake in Xilinx during the first quarter worth about $49,023,000. Finally, Vanguard Group Inc. grew its stake in Xilinx by 3.1% during the first quarter. Vanguard Group Inc. now owns 27,030,100 shares of the programmable devices maker’s stock worth $1,564,772,000 after buying an additional 812,627 shares in the last quarter. Hedge funds and other institutional investors own 97.44% of the company’s stock.
In related news, SVP Scott Hover-Smoot sold 12,143 shares of the stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $62.17, for a total transaction of $754,930.31. Following the sale, the senior vice president now directly owns 41,869 shares of the company’s stock, valued at $2,602,995.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Steven L. Glaser sold 15,788 shares of the stock in a transaction on Monday, July 31st. The shares were sold at an average price of $63.38, for a total value of $1,000,643.44. Following the sale, the insider now directly owns 12,387 shares in the company, valued at $785,088.06. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.
A number of research firms have recently weighed in on XLNX. Mizuho restated a “neutral” rating and issued a $69.00 price target (up from $68.00) on shares of Xilinx in a research note on Thursday, July 27th. Raymond James Financial, Inc. restated a “hold” rating on shares of Xilinx in a research note on Thursday, July 27th. Barclays PLC upgraded shares of Xilinx from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $53.00 to $60.00 in a research report on Tuesday, July 18th. KeyCorp set a $70.00 target price on shares of Xilinx and gave the stock a “buy” rating in a research report on Thursday, July 27th. Finally, Vetr downgraded shares of Xilinx from a “buy” rating to a “hold” rating and set a $69.47 target price on the stock. in a research report on Monday, June 26th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $64.57.
Xilinx, Inc. (NASDAQ XLNX) opened at 64.72 on Tuesday. The stock has a market capitalization of $16.09 billion, a P/E ratio of 27.66 and a beta of 1.08. Xilinx, Inc. has a 12-month low of $48.75 and a 12-month high of $68.68. The firm’s 50-day moving average is $63.61 and its 200-day moving average is $62.75.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, July 26th. The programmable devices maker reported $0.63 EPS for the quarter, beating the consensus estimate of $0.60 by $0.03. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. The company had revenue of $615.40 million for the quarter, compared to analysts’ expectations of $615.69 million. During the same period last year, the firm posted $0.61 earnings per share. Xilinx’s revenue was up 7.0% compared to the same quarter last year. Analysts predict that Xilinx, Inc. will post $2.54 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Thursday, August 10th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, August 8th. This represents a $1.40 annualized dividend and a dividend yield of 2.16%. Xilinx’s dividend payout ratio (DPR) is presently 60.09%.
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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