Northstar Investment Advisors LLC trimmed its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 2.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 161,786 shares of the programmable devices maker’s stock after selling 4,097 shares during the period. Xilinx accounts for approximately 2.2% of Northstar Investment Advisors LLC’s holdings, making the stock its 12th largest holding. Northstar Investment Advisors LLC owned approximately 0.06% of Xilinx worth $11,459,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Dearborn Partners LLC raised its holdings in shares of Xilinx by 2.3% in the 2nd quarter. Dearborn Partners LLC now owns 336,588 shares of the programmable devices maker’s stock worth $21,649,000 after purchasing an additional 7,493 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Xilinx by 1.9% during the 2nd quarter. Principal Financial Group Inc. now owns 398,503 shares of the programmable devices maker’s stock valued at $25,632,000 after buying an additional 7,486 shares during the period. Delta Lloyd Asset Management N.V. purchased a new stake in shares of Xilinx during the 2nd quarter valued at about $2,376,000. KBC Group NV raised its holdings in shares of Xilinx by 31.2% during the 2nd quarter. KBC Group NV now owns 30,949 shares of the programmable devices maker’s stock valued at $1,991,000 after buying an additional 7,359 shares during the period. Finally, Atlantic Trust Group LLC purchased a new stake in shares of Xilinx during the 2nd quarter valued at about $6,328,000. 96.51% of the stock is currently owned by hedge funds and other institutional investors.
Xilinx, Inc. (NASDAQ:XLNX) traded down $0.86 on Monday, hitting $71.81. The stock had a trading volume of 1,801,400 shares, compared to its average volume of 2,665,631. Xilinx, Inc. has a 12 month low of $52.54 and a 12 month high of $75.14. The company has a quick ratio of 9.35, a current ratio of 9.86 and a debt-to-equity ratio of 0.70. The company has a market cap of $18,020.93, a P/E ratio of 30.30, a PEG ratio of 2.97 and a beta of 1.10.
Xilinx (NASDAQ:XLNX) last posted its quarterly earnings data on Wednesday, October 25th. The programmable devices maker reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.02. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The company had revenue of $620.00 million for the quarter, compared to the consensus estimate of $620.99 million. During the same quarter in the previous year, the business earned $0.61 EPS. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. research analysts expect that Xilinx, Inc. will post 2.59 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Tuesday, November 14th. Xilinx’s dividend payout ratio (DPR) is presently 59.07%.
In other news, CEO Moshe Gavrielov sold 25,000 shares of the business’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $69.76, for a total transaction of $1,744,000.00. Following the sale, the chief executive officer now directly owns 270,856 shares of the company’s stock, valued at $18,894,914.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Lorenzo Flores sold 2,828 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $74.23, for a total value of $209,922.44. Following the sale, the chief financial officer now directly owns 28,313 shares in the company, valued at $2,101,673.99. The disclosure for this sale can be found here. Insiders have sold 213,127 shares of company stock worth $15,135,685 over the last ninety days. 0.40% of the stock is owned by insiders.
XLNX has been the topic of several analyst reports. Zacks Investment Research upgraded Xilinx from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a report on Friday, October 27th. MKM Partners raised their target price on Xilinx from $63.00 to $78.00 and gave the company a “neutral” rating in a report on Sunday, October 8th. Credit Suisse Group set a $75.00 target price on Xilinx and gave the company a “buy” rating in a report on Thursday, July 27th. Barclays PLC set a $65.00 target price on Xilinx and gave the company a “hold” rating in a report on Thursday, July 27th. Finally, KeyCorp set a $78.00 price objective on Xilinx and gave the stock a “buy” rating in a report on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $69.73.
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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