American Century Companies Inc. cut its position in shares of Xilinx Inc. (NASDAQ:XLNX) by 46.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,376,693 shares of the programmable devices maker’s stock after selling 1,175,987 shares during the period. American Century Companies Inc. owned approximately 0.54% of Xilinx worth $63,507,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. One Capital Management LLC raised its position in shares of Xilinx by 0.8% in the first quarter. One Capital Management LLC now owns 35,716 shares of the programmable devices maker’s stock worth $1,694,000 after buying an additional 271 shares during the period. Robecosam AG raised its position in shares of Xilinx by 96.4% in the first quarter. Robecosam AG now owns 204,240 shares of the programmable devices maker’s stock worth $9,777,000 after buying an additional 100,240 shares during the period. Squarepoint Ops LLC raised its position in shares of Xilinx by 92.0% in the first quarter. Squarepoint Ops LLC now owns 85,317 shares of the programmable devices maker’s stock worth $4,046,000 after buying an additional 40,884 shares during the period. Seven Eight Capital LLC raised its position in shares of Xilinx by 108.3% in the first quarter. Seven Eight Capital LLC now owns 26,732 shares of the programmable devices maker’s stock worth $1,268,000 after buying an additional 13,900 shares during the period. Finally, Arizona State Retirement System raised its position in shares of Xilinx by 1.8% in the first quarter. Arizona State Retirement System now owns 97,289 shares of the programmable devices maker’s stock worth $4,614,000 after buying an additional 1,700 shares during the period. Institutional investors and hedge funds own 91.56% of the company’s stock.

Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

Xilinx Inc. (NASDAQ:XLNX) traded up 1.49% during trading on Friday, hitting $51.64. 3,310,615 shares of the stock traded hands. Xilinx Inc. has a 12 month low of $40.44 and a 12 month high of $55.49. The company has a 50-day moving average price of $51.40 and a 200-day moving average price of $49.33. The stock has a market cap of $13.04 billion, a PE ratio of 23.05 and a beta of 1.17.

Xilinx (NASDAQ:XLNX) last posted its earnings results on Wednesday, October 19th. The programmable devices maker reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.06. The firm earned $579 million during the quarter, compared to the consensus estimate of $574.90 million. Xilinx had a net margin of 26.32% and a return on equity of 23.21%. The company’s revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the company earned $0.48 earnings per share. Equities research analysts expect that Xilinx Inc. will post $2.24 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 23rd. Stockholders of record on Tuesday, November 8th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Friday, November 4th. This represents a $1.32 annualized dividend and a dividend yield of 2.56%. Xilinx’s payout ratio is 58.67%.

A number of brokerages have issued reports on XLNX. Zacks Investment Research lowered shares of Xilinx from a “buy” rating to a “hold” rating in a research report on Monday, October 24th. Citigroup Inc. restated a “neutral” rating and set a $49.00 target price on shares of Xilinx in a research report on Saturday, October 22nd. Nomura restated a “neutral” rating and set a $45.00 target price (up previously from $41.00) on shares of Xilinx in a research report on Saturday, October 22nd. Barclays PLC increased their target price on shares of Xilinx from $45.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 20th. Finally, Robert W. Baird lowered shares of Xilinx from an “outperform” rating to a “neutral” rating and increased their target price for the stock from $50.99 to $52.00 in a research report on Wednesday, October 12th. Fourteen investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $51.56.

In related news, CFO Lorenzo Flores sold 25,750 shares of the business’s stock in a transaction that occurred on Monday, October 31st. The shares were sold at an average price of $50.90, for a total transaction of $1,310,675.00. Following the completion of the transaction, the chief financial officer now owns 35,014 shares of the company’s stock, valued at $1,782,212.60. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Moshe Gavrielov sold 11,500 shares of the business’s stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $54.75, for a total transaction of $629,625.00. Following the transaction, the chief executive officer now directly owns 344,310 shares of the company’s stock, valued at approximately $18,850,972.50. The disclosure for this sale can be found here. Corporate insiders own 0.52% of the company’s stock.

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.

5 Day Chart for NASDAQ:XLNX

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