Nisa Investment Advisors LLC Purchases 3,820 Shares of Xilinx, Inc. (XLNX)

Nisa Investment Advisors LLC lifted its stake in shares of Xilinx, Inc. (NASDAQ:XLNX) by 3.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 104,735 shares of the programmable devices maker’s stock after acquiring an additional 3,820 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Xilinx were worth $8,397,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in Xilinx by 68.8% during the first quarter. LPL Financial LLC now owns 12,031 shares of the programmable devices maker’s stock valued at $869,000 after purchasing an additional 4,905 shares in the last quarter. Legal & General Group Plc raised its stake in Xilinx by 16.5% during the first quarter. Legal & General Group Plc now owns 1,502,166 shares of the programmable devices maker’s stock valued at $108,475,000 after purchasing an additional 212,426 shares in the last quarter. Atlantic Trust Group LLC raised its stake in Xilinx by 1.3% during the first quarter. Atlantic Trust Group LLC now owns 99,392 shares of the programmable devices maker’s stock valued at $7,181,000 after purchasing an additional 1,243 shares in the last quarter. Xact Kapitalforvaltning AB raised its stake in Xilinx by 9.4% during the first quarter. Xact Kapitalforvaltning AB now owns 37,267 shares of the programmable devices maker’s stock valued at $2,692,000 after purchasing an additional 3,188 shares in the last quarter. Finally, Moors & Cabot Inc. purchased a new stake in Xilinx during the first quarter valued at $327,000. Institutional investors own 87.62% of the company’s stock.

Shares of XLNX opened at $74.10 on Friday. Xilinx, Inc. has a twelve month low of $62.27 and a twelve month high of $83.99. The firm has a market capitalization of $19.66 billion, a PE ratio of 27.07, a PEG ratio of 2.74 and a beta of 1.01. The company has a current ratio of 4.38, a quick ratio of 4.11 and a debt-to-equity ratio of 0.52.

Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, July 25th. The programmable devices maker reported $0.74 EPS for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.01. The firm had revenue of $684.00 million for the quarter, compared to analysts’ expectations of $674.46 million. Xilinx had a net margin of 20.52% and a return on equity of 31.63%. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.63 earnings per share. On average, equities research analysts predict that Xilinx, Inc. will post 2.99 earnings per share for the current year.

A number of research firms recently issued reports on XLNX. BidaskClub downgraded shares of Xilinx from a “hold” rating to a “sell” rating in a research note on Tuesday, June 26th. BMO Capital Markets increased their target price on shares of Xilinx from $80.00 to $90.00 and gave the company an “outperform” rating in a research note on Wednesday, October 3rd. Rosenblatt Securities raised shares of Xilinx from a “neutral” rating to a “buy” rating and set a $86.00 target price on the stock in a research note on Thursday, July 26th. Bank of America raised shares of Xilinx from an “underperform” rating to a “buy” rating and set a $85.00 target price on the stock in a research note on Thursday, July 26th. Finally, Zacks Investment Research raised shares of Xilinx from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a research note on Friday, July 27th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the company. Xilinx currently has an average rating of “Buy” and a consensus price target of $81.63.

In other news, SVP Emre Onder sold 1,734 shares of the company’s stock in a transaction dated Monday, September 17th. The shares were sold at an average price of $77.15, for a total value of $133,778.10. Following the transaction, the senior vice president now directly owns 1,419 shares in the company, valued at $109,475.85. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Catia Hagopian sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 29th. The stock was sold at an average price of $78.01, for a total transaction of $78,010.00. Following the completion of the transaction, the vice president now owns 9,271 shares in the company, valued at $723,230.71. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,572 shares of company stock worth $1,064,763. Company insiders own 0.16% of the company’s stock.

About Xilinx

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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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