MUFG Americas Holdings Corp Has $4.27 Million Position in Xilinx, Inc. (XLNX)

MUFG Americas Holdings Corp lowered its position in Xilinx, Inc. (NASDAQ:XLNX) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 63,333 shares of the programmable devices maker’s stock after selling 2,592 shares during the quarter. MUFG Americas Holdings Corp’s holdings in Xilinx were worth $4,270,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in XLNX. Pictet Asset Management Ltd. grew its holdings in shares of Xilinx by 67.6% in the third quarter. Pictet Asset Management Ltd. now owns 2,301,908 shares of the programmable devices maker’s stock valued at $163,044,000 after purchasing an additional 928,405 shares during the period. Point72 Asset Management L.P. boosted its stake in Xilinx by 4,092.9% during the third quarter. Point72 Asset Management L.P. now owns 259,962 shares of the programmable devices maker’s stock worth $18,413,000 after buying an additional 253,762 shares during the period. Vident Investment Advisory LLC purchased a new position in Xilinx during the third quarter worth about $13,824,000. Van ECK Associates Corp boosted its stake in Xilinx by 75.2% during the third quarter. Van ECK Associates Corp now owns 404,429 shares of the programmable devices maker’s stock worth $28,646,000 after buying an additional 173,615 shares during the period. Finally, Ferguson Wellman Capital Management Inc. purchased a new position in Xilinx during the fourth quarter worth about $11,386,000. 93.07% of the stock is owned by hedge funds and other institutional investors.

Shares of Xilinx, Inc. (NASDAQ:XLNX) opened at $67.22 on Friday. The firm has a market cap of $17,036.95, a P/E ratio of 25.62, a P/E/G ratio of 3.46 and a beta of 1.13. Xilinx, Inc. has a 1-year low of $54.99 and a 1-year high of $77.26. The company has a quick ratio of 8.59, a current ratio of 9.08 and a debt-to-equity ratio of 0.73.

Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.58). The firm had revenue of $631.00 million during the quarter, compared to analyst estimates of $630.00 million. Xilinx had a net margin of 20.20% and a return on equity of 27.61%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business earned $0.52 EPS. equities analysts forecast that Xilinx, Inc. will post 2.07 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Investors of record on Wednesday, February 7th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, February 6th. This represents a $1.40 annualized dividend and a yield of 2.08%. Xilinx’s dividend payout ratio (DPR) is 73.68%.

In other Xilinx news, insider Vincent Tong sold 19,687 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $73.52, for a total transaction of $1,447,388.24. Following the sale, the insider now owns 55,403 shares of the company’s stock, valued at $4,073,228.56. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Moshe Gavrielov sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $75.81, for a total transaction of $1,516,200.00. Following the sale, the chief executive officer now directly owns 62,813 shares in the company, valued at approximately $4,761,853.53. The disclosure for this sale can be found here. In the last ninety days, insiders sold 43,987 shares of company stock worth $3,271,984. 0.40% of the stock is owned by corporate insiders.

Several brokerages have weighed in on XLNX. SunTrust Banks increased their target price on shares of Xilinx to $79.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th. Mizuho reaffirmed a “buy” rating and set a $74.00 target price (up previously from $69.00) on shares of Xilinx in a research note on Thursday, January 25th. Robert W. Baird reaffirmed a “hold” rating and set a $68.00 target price on shares of Xilinx in a research note on Friday, October 27th. BidaskClub raised shares of Xilinx from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Finally, Morgan Stanley increased their target price on shares of Xilinx from $72.00 to $78.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 13th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $73.45.

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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.

Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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