Thomas Story & Son LLC cut its position in Xilinx, Inc. (NASDAQ:XLNX) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,197 shares of the programmable devices maker’s stock after selling 100 shares during the period. Xilinx accounts for about 1.7% of Thomas Story & Son LLC’s portfolio, making the stock its 22nd largest position. Thomas Story & Son LLC’s holdings in Xilinx were worth $2,843,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in XLNX. Vanguard Group Inc. raised its stake in shares of Xilinx by 3.1% in the first quarter. Vanguard Group Inc. now owns 27,030,100 shares of the programmable devices maker’s stock worth $1,564,772,000 after buying an additional 812,627 shares during the last quarter. First Eagle Investment Management LLC raised its stake in shares of Xilinx by 4.0% in the first quarter. First Eagle Investment Management LLC now owns 13,577,684 shares of the programmable devices maker’s stock worth $786,012,000 after buying an additional 525,371 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Xilinx by 3.8% in the first quarter. Alliancebernstein L.P. now owns 9,879,067 shares of the programmable devices maker’s stock worth $571,899,000 after buying an additional 358,064 shares during the last quarter. Janus Capital Management LLC raised its stake in shares of Xilinx by 12.1% in the first quarter. Janus Capital Management LLC now owns 7,066,192 shares of the programmable devices maker’s stock worth $409,062,000 after buying an additional 764,384 shares during the last quarter. Finally, Clearbridge Investments LLC raised its stake in shares of Xilinx by 9.8% in the first quarter. Clearbridge Investments LLC now owns 4,647,433 shares of the programmable devices maker’s stock worth $269,040,000 after buying an additional 413,912 shares during the last quarter. 92.39% of the stock is owned by institutional investors.

Xilinx, Inc. (NASDAQ:XLNX) opened at 61.02 on Friday. The stock has a market cap of $15.17 billion, a price-to-earnings ratio of 26.08 and a beta of 1.09. Xilinx, Inc. has a 52-week low of $48.75 and a 52-week high of $68.68. The stock has a 50 day moving average price of $64.24 and a 200 day moving average price of $62.10.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. The firm had revenue of $615.40 million during the quarter, compared to analysts’ expectations of $615.69 million. During the same period in the prior year, the business posted $0.61 EPS. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. Analysts expect that Xilinx, Inc. will post $2.54 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Thursday, August 10th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Tuesday, August 8th. Xilinx’s dividend payout ratio (DPR) is presently 60.09%.

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XLNX has been the subject of a number of research analyst reports. Pacific Crest reaffirmed an “overweight” rating and issued a $70.00 price target on shares of Xilinx in a research note on Monday, May 8th. Credit Suisse Group set a $75.00 price target on Xilinx and gave the stock a “buy” rating in a research note on Thursday, July 27th. Mizuho reaffirmed a “hold” rating and issued a $64.00 price target on shares of Xilinx in a research note on Thursday, April 27th. Jefferies Group LLC raised their price target on Xilinx from $55.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, April 28th. Finally, Barclays PLC set a $65.00 price target on Xilinx and gave the stock a “hold” rating in a research note on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $64.57.

In other Xilinx news, CEO Moshe Gavrielov sold 400 shares of the stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $67.73, for a total value of $27,092.00. Following the completion of the sale, the chief executive officer now directly owns 235,366 shares in the company, valued at $15,941,339.18. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Steven L. Glaser sold 15,788 shares of the stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $63.38, for a total value of $1,000,643.44. Following the completion of the sale, the insider now owns 12,387 shares of the company’s stock, valued at $785,088.06. The disclosure for this sale can be found here. Over the last quarter, insiders sold 37,931 shares of company stock valued at $2,422,890. 0.40% of the stock is currently owned by company insiders.

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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