Xilinx, Inc. (XLNX) Shares Sold by Fenimore Asset Management Inc.

Fenimore Asset Management Inc. trimmed its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 0.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 595,551 shares of the programmable devices maker’s stock after selling 1,446 shares during the quarter. Xilinx accounts for approximately 2.1% of Fenimore Asset Management Inc.’s holdings, making the stock its 19th largest position. Fenimore Asset Management Inc. owned approximately 0.24% of Xilinx worth $50,723,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cerebellum GP LLC lifted its holdings in shares of Xilinx by 10.8% during the 4th quarter. Cerebellum GP LLC now owns 2,691 shares of the programmable devices maker’s stock valued at $229,000 after buying an additional 263 shares during the period. MUFG Americas Holdings Corp lifted its holdings in shares of Xilinx by 0.8% during the 3rd quarter. MUFG Americas Holdings Corp now owns 80,143 shares of the programmable devices maker’s stock valued at $6,425,000 after buying an additional 606 shares during the period. Andesa Financial Management Inc. lifted its holdings in shares of Xilinx by 3.3% during the 3rd quarter. Andesa Financial Management Inc. now owns 20,335 shares of the programmable devices maker’s stock valued at $1,628,000 after buying an additional 645 shares during the period. Notis McConarty Edward lifted its holdings in shares of Xilinx by 2.9% during the 3rd quarter. Notis McConarty Edward now owns 24,565 shares of the programmable devices maker’s stock valued at $1,968,000 after buying an additional 700 shares during the period. Finally, Xact Kapitalforvaltning AB lifted its holdings in shares of Xilinx by 2.0% during the 3rd quarter. Xact Kapitalforvaltning AB now owns 37,998 shares of the programmable devices maker’s stock valued at $3,046,000 after buying an additional 731 shares during the period. 88.04% of the stock is currently owned by hedge funds and other institutional investors.

In other Xilinx news, insider Vincent Tong sold 40,000 shares of the stock in a transaction dated Wednesday, October 31st. The shares were sold at an average price of $84.38, for a total transaction of $3,375,200.00. Following the completion of the transaction, the insider now owns 30,223 shares of the company’s stock, valued at approximately $2,550,216.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is owned by corporate insiders.

Several equities research analysts have recently commented on the company. Argus upgraded Xilinx to a “buy” rating in a research note on Wednesday. Susquehanna Bancshares upgraded Xilinx from a “neutral” rating to a “positive” rating and upped their price objective for the stock from $82.00 to $85.00 in a research note on Tuesday, November 13th. Bank of America upped their price objective on Xilinx from $85.00 to $95.00 and gave the stock a “positive” rating in a research note on Monday, October 1st. BidaskClub upgraded Xilinx from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 20th. Finally, Zacks Investment Research lowered Xilinx from a “buy” rating to a “hold” rating in a research note on Tuesday, October 23rd. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $84.91.

Shares of XLNX traded up $1.29 during midday trading on Friday, hitting $91.66. 94,470 shares of the company traded hands, compared to its average volume of 2,445,658. Xilinx, Inc. has a 52 week low of $62.27 and a 52 week high of $95.18. The company has a market capitalization of $22.48 billion, a PE ratio of 32.12, a price-to-earnings-growth ratio of 2.85 and a beta of 0.90. The company has a quick ratio of 4.00, a current ratio of 4.26 and a debt-to-equity ratio of 0.49.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, October 24th. The programmable devices maker reported $0.87 EPS for the quarter, beating the consensus estimate of $0.76 by $0.11. Xilinx had a net margin of 21.33% and a return on equity of 34.05%. The business had revenue of $746.25 million during the quarter, compared to the consensus estimate of $710.33 million. As a group, sell-side analysts expect that Xilinx, Inc. will post 3.29 earnings per share for the current year.

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Xilinx Company Profile

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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