NF Trinity Capital Hong Kong Ltd Buys Shares of 76,000 Xilinx, Inc. (XLNX)
NF Trinity Capital Hong Kong Ltd bought a new stake in Xilinx, Inc. (NASDAQ:XLNX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 76,000 shares of the programmable devices maker’s stock, valued at approximately $4,888,000.
A number of other large investors have also bought and sold shares of XLNX. TrimTabs Asset Management LLC boosted its stake in Xilinx by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 1,989 shares of the programmable devices maker’s stock valued at $115,000 after buying an additional 936 shares during the period. Whittier Trust Co. boosted its stake in Xilinx by 16.8% in the first quarter. Whittier Trust Co. now owns 2,683 shares of the programmable devices maker’s stock valued at $155,000 after buying an additional 386 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in Xilinx by 9,866.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 2,691 shares of the programmable devices maker’s stock valued at $156,000 after buying an additional 2,664 shares during the period. First Mercantile Trust Co. boosted its stake in Xilinx by 12.0% in the first quarter. First Mercantile Trust Co. now owns 3,013 shares of the programmable devices maker’s stock valued at $174,000 after buying an additional 324 shares during the period. Finally, Huntington National Bank boosted its stake in Xilinx by 217.1% in the second quarter. Huntington National Bank now owns 2,794 shares of the programmable devices maker’s stock valued at $180,000 after buying an additional 1,913 shares during the period. 92.39% of the stock is owned by institutional investors.
Shares of Xilinx, Inc. (XLNX) traded up 0.81% during trading on Friday, reaching $64.75. The company had a trading volume of 3,122,660 shares. 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 of $64.09 and a 200 day moving average of $62.28. The stock has a market capitalization of $16.10 billion, a price-to-earnings ratio of 27.67 and a beta of 1.09.
Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.03. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The business had revenue of $615.40 million for the quarter, compared to analyst estimates of $615.69 million. During the same period in the previous year, the business earned $0.61 EPS. The firm’s revenue was up 7.0% on a year-over-year basis. Equities research analysts forecast that Xilinx, Inc. will post $2.54 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Thursday, August 10th will be given a dividend of $0.35 per share. The ex-dividend date is Tuesday, August 8th. This represents a $1.40 annualized dividend and a dividend yield of 2.16%. Xilinx’s dividend payout ratio (DPR) is currently 60.09%.
Several equities research analysts have issued reports on the company. Raymond James Financial, Inc. reissued a “mkt perform” rating on shares of Xilinx in a research note on Friday, June 16th. Zacks Investment Research cut Xilinx from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Mizuho reissued 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. Vetr raised Xilinx from a “sell” rating to a “buy” rating and set a $69.47 price objective for the company in a research note on Monday, June 19th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $72.00 price objective on shares of Xilinx in a research note on Wednesday, May 17th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $64.57.
In other news, CFO Lorenzo Flores sold 9,600 shares of Xilinx stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $66.69, for a total transaction of $640,224.00. Following the sale, the chief financial officer now directly owns 19,058 shares in the company, valued at approximately $1,270,978.02. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Scott Hover-Smoot sold 12,143 shares of Xilinx stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $62.17, for a total transaction of $754,930.31. Following the sale, the senior vice president now owns 41,869 shares in the company, valued at $2,602,995.73. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,531 shares of company stock worth $2,395,798. 0.40% of the stock is owned by company insiders.
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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