Zurcher Kantonalbank Zurich Cantonalbank trimmed its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 8.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 216,474 shares of the programmable devices maker’s stock after selling 20,069 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.09% of Xilinx worth $15,333,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also made changes to their positions in XLNX. BW Gestao de Investimentos Ltda. bought a new stake in shares of Xilinx in the third quarter worth about $1,771,000. Columbus Circle Investors increased its stake in Xilinx by 10.2% during the third quarter. Columbus Circle Investors now owns 22,454 shares of the programmable devices maker’s stock worth $1,590,000 after acquiring an additional 2,071 shares during the last quarter. Macquarie Group Ltd. increased its stake in Xilinx by 15.0% during the third quarter. Macquarie Group Ltd. now owns 145,196 shares of the programmable devices maker’s stock worth $10,284,000 after acquiring an additional 18,896 shares during the last quarter. Banque Pictet & Cie SA bought a new stake in Xilinx during the third quarter worth approximately $207,000. Finally, Pictet North America Advisors SA bought a new stake in Xilinx during the third quarter worth approximately $207,000. Institutional investors and hedge funds own 96.51% of the company’s stock.
In related news, CFO Lorenzo Flores sold 2,828 shares of the company’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 transaction, the chief financial officer now directly owns 28,313 shares of the company’s stock, valued at approximately $2,101,673.99. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Elizabeth W. Vanderslice sold 2,500 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $72.20, for a total value of $180,500.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 213,127 shares of company stock worth $15,135,685. 0.40% of the stock is owned by insiders.
Shares of Xilinx, Inc. (NASDAQ XLNX) traded down $0.97 during mid-day trading on Thursday, hitting $72.24. The stock had a trading volume of 768,900 shares, compared to its average volume of 2,644,130. The firm has a market capitalization of $18,372.26, a P/E ratio of 30.89, a PEG ratio of 3.02 and a beta of 1.10. The company has a debt-to-equity ratio of 0.70, a quick ratio of 9.35 and a current ratio of 9.86. Xilinx, Inc. has a 1-year low of $52.54 and a 1-year high of $75.14.
Xilinx (NASDAQ:XLNX) last issued its quarterly earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. The business had revenue of $620.00 million for the quarter, compared to the consensus estimate of $620.99 million. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.61 earnings per share. sell-side analysts forecast that Xilinx, Inc. will post 2.59 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Tuesday, November 14th. Xilinx’s payout ratio is 59.07%.
Several equities research analysts have weighed in on XLNX shares. Rosenblatt Securities reissued a “hold” rating on shares of Xilinx in a research note on Wednesday, July 26th. Vetr raised Xilinx from a “hold” rating to a “buy” rating and set a $70.95 price objective on the stock in a research note on Wednesday, July 26th. Mizuho reaffirmed a “neutral” rating and set a $69.00 target price (up previously from $68.00) on shares of Xilinx in a research note on Thursday, July 27th. Raymond James Financial, Inc. reaffirmed a “hold” rating on shares of Xilinx in a research note on Thursday, July 27th. Finally, KeyCorp set a $70.00 target price on Xilinx and gave the company a “buy” rating in a research note on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $69.73.
Xilinx Company Profile
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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