Natixis Has $10.31 Million Stock Position in Xilinx, Inc. (NASDAQ:XLNX)

Natixis reduced its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 86.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 87,462 shares of the programmable devices maker’s stock after selling 580,388 shares during the period. Natixis’ holdings in Xilinx were worth $10,314,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in XLNX. Jackson Grant Investment Advisers Inc. bought a new position in shares of Xilinx in the first quarter valued at about $25,000. Krane Funds Advisors LLC acquired a new stake in Xilinx in the 2nd quarter valued at about $29,000. Citizens Financial Group Inc RI raised its stake in shares of Xilinx by 114.2% in the second quarter. Citizens Financial Group Inc RI now owns 257 shares of the programmable devices maker’s stock worth $30,000 after acquiring an additional 137 shares during the last quarter. Lenox Wealth Advisors LLC bought a new position in shares of Xilinx in the second quarter worth about $33,000. Finally, FinTrust Capital Advisors LLC raised its stake in shares of Xilinx by 168.0% in the second quarter. FinTrust Capital Advisors LLC now owns 276 shares of the programmable devices maker’s stock worth $33,000 after acquiring an additional 173 shares during the last quarter. Hedge funds and other institutional investors own 85.06% of the company’s stock.

Shares of NASDAQ:XLNX traded down $1.56 during midday trading on Wednesday, hitting $105.16. The company had a trading volume of 96,933 shares, compared to its average volume of 2,560,789. The company has a current ratio of 7.22, a quick ratio of 6.54 and a debt-to-equity ratio of 0.48. Xilinx, Inc. has a 12 month low of $68.76 and a 12 month high of $141.60. The firm has a fifty day simple moving average of $108.27 and a 200 day simple moving average of $116.18. The stock has a market cap of $26.65 billion, a price-to-earnings ratio of 30.20, a PEG ratio of 2.33 and a beta of 1.27.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, July 24th. The programmable devices maker reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.03. Xilinx had a return on equity of 35.99% and a net margin of 29.19%. The business had revenue of $849.60 million during the quarter, compared to the consensus estimate of $849.76 million. During the same quarter in the prior year, the company posted $0.74 earnings per share. The firm’s revenue was up 24.1% on a year-over-year basis. Equities analysts forecast that Xilinx, Inc. will post 3.77 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 27th. Stockholders of record on Wednesday, August 7th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Tuesday, August 6th. This represents a $1.48 annualized dividend and a dividend yield of 1.41%. Xilinx’s payout ratio is currently 42.53%.

Several research firms have recently commented on XLNX. Robert W. Baird set a $128.00 price target on shares of Xilinx and gave the company a “buy” rating in a research note on Friday, July 26th. Zacks Investment Research upgraded shares of Xilinx from a “sell” rating to a “hold” rating and set a $130.00 price objective for the company in a research report on Saturday, July 27th. Bank of America reaffirmed a “buy” rating and set a $150.00 price objective (up previously from $130.00) on shares of Xilinx in a report on Thursday, July 25th. BidaskClub cut Xilinx from a “buy” rating to a “hold” rating in a research note on Wednesday, July 31st. Finally, Mizuho reiterated a “buy” rating and issued a $140.00 price target on shares of Xilinx in a report on Sunday, August 18th. Fifteen research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $119.05.

In other news, EVP Salil Raje sold 5,000 shares of the business’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $120.78, for a total value of $603,900.00. Following the completion of the transaction, the executive vice president now owns 24,455 shares of the company’s stock, valued at approximately $2,953,674.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 owns 16,674 shares of the company’s stock, valued at approximately $2,000,880. The disclosure for this sale can be found here. Insiders have sold a total of 32,531 shares of company stock valued at $3,591,480 over the last 90 days. Corporate insiders own 0.19% of the company’s stock.

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.

Recommended Story: Growth Stocks

Want to see what other hedge funds are holding XLNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xilinx, Inc. (NASDAQ:XLNX).

Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

Receive News & Ratings for Xilinx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xilinx and related companies with MarketBeat.com's FREE daily email newsletter.