Teachers Advisors LLC decreased its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 48.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 623,526 shares of the programmable devices maker’s stock after selling 581,518 shares during the quarter. Teachers Advisors LLC owned 0.25% of Xilinx worth $40,105,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in XLNX. Russell Investments Group Ltd. raised its stake in shares of Xilinx by 15.0% in the 1st quarter. Russell Investments Group Ltd. now owns 86,752 shares of the programmable devices maker’s stock valued at $5,026,000 after buying an additional 11,286 shares in the last quarter. Comerica Bank raised its stake in shares of Xilinx by 0.5% in the 1st quarter. Comerica Bank now owns 65,591 shares of the programmable devices maker’s stock valued at $4,225,000 after buying an additional 308 shares in the last quarter. Eagle Asset Management Inc. raised its stake in shares of Xilinx by 21.7% in the 1st quarter. Eagle Asset Management Inc. now owns 221,124 shares of the programmable devices maker’s stock valued at $12,800,000 after buying an additional 39,417 shares in the last quarter. State of Wisconsin Investment Board raised its stake in shares of Xilinx by 6.6% in the 1st quarter. State of Wisconsin Investment Board now owns 238,899 shares of the programmable devices maker’s stock valued at $13,830,000 after buying an additional 14,820 shares in the last quarter. Finally, Norinchukin Bank The raised its stake in shares of Xilinx by 5.6% in the 1st quarter. Norinchukin Bank The now owns 16,176 shares of the programmable devices maker’s stock valued at $936,000 after buying an additional 858 shares in the last quarter. Institutional investors own 97.41% of the company’s stock.

Xilinx, Inc. (NASDAQ:XLNX) opened at 68.33 on Monday. Xilinx, Inc. has a 52 week low of $48.75 and a 52 week high of $68.75. The company has a market cap of $16.99 billion, a price-to-earnings ratio of 29.20 and a beta of 1.08. The stock has a 50 day moving average of $63.93 and a 200 day moving average of $62.94.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.03. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. The company had revenue of $615.40 million during the quarter, compared to the consensus estimate of $615.69 million. During the same quarter in the prior year, the firm posted $0.61 earnings per share. The firm’s revenue was up 7.0% compared to the same quarter last year. Equities research analysts predict that Xilinx, Inc. will post $2.54 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Stockholders of record on Thursday, August 10th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend was Tuesday, August 8th. Xilinx’s dividend payout ratio is currently 60.09%.

A number of equities analysts have recently issued reports on XLNX shares. Wells Fargo & Company cut shares of Xilinx from an “outperform” rating to a “market perform” rating and set a $66.00 price objective for the company. in a research note on Tuesday, May 23rd. Credit Suisse Group restated an “outperform” rating on shares of Xilinx in a research note on Thursday, August 31st. Pacific Crest restated an “overweight” rating and issued a $70.00 price objective on shares of Xilinx in a research note on Wednesday, June 21st. Vetr upgraded shares of 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, BidaskClub upgraded shares of Xilinx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 24th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company’s stock. Xilinx presently has an average rating of “Hold” and an average price target of $64.57.

In other news, insider Steven L. Glaser sold 15,788 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $63.38, for a total value of $1,000,643.44. Following the completion of the transaction, the insider now owns 12,387 shares of the company’s stock, valued at $785,088.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Scott Hover-Smoot sold 12,143 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $62.17, for a total value of $754,930.31. Following the completion of the transaction, the senior vice president now directly owns 41,869 shares of the company’s stock, valued at approximately $2,602,995.73. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company’s stock.

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Xilinx 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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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