Xilinx, Inc. (XLNX) Shares Bought by Norinchukin Bank The
Norinchukin Bank The grew its position in Xilinx, Inc. (NASDAQ:XLNX) by 6.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,213 shares of the programmable devices maker’s stock after acquiring an additional 1,037 shares during the period. Norinchukin Bank The’s holdings in Xilinx were worth $1,107,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the company. 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 valued at $1,564,772,000 after acquiring an additional 812,627 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 valued at $571,899,000 after acquiring 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 valued at $409,062,000 after acquiring an additional 764,384 shares during the last quarter. 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 valued at $269,040,000 after acquiring an additional 413,912 shares during the last quarter. Finally, Winslow Capital Management LLC bought a new position in shares of Xilinx in the first quarter valued at approximately $203,769,000. Institutional investors own 97.41% of the company’s stock.
In other news, SVP Scott Hover-Smoot sold 12,143 shares of the stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $62.17, for a total transaction of $754,930.31. Following the completion of the sale, the senior vice president now directly owns 41,869 shares in the company, valued at $2,602,995.73. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Steven L. Glaser sold 15,788 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $63.38, for a total transaction of $1,000,643.44. Following 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. Corporate insiders own 0.40% of the company’s stock.
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Xilinx, Inc. (XLNX) opened at 68.33 on Monday. Xilinx, Inc. has a one year low of $48.75 and a one year high of $68.75. The firm 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 posted its quarterly earnings data on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ 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 company 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 company posted $0.61 earnings per share. Xilinx’s revenue for the quarter was up 7.0% compared to the same quarter last year. Equities research analysts predict that Xilinx, Inc. will post $2.54 EPS 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 given a dividend of $0.35 per share. 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 (DPR) is presently 60.09%.
A number of research firms have recently issued reports on XLNX. Raymond James Financial, Inc. reiterated a “mkt perform” rating on shares of Xilinx in a research note on Friday, June 16th. Zacks Investment Research cut shares of Xilinx from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Mizuho reiterated a “neutral” rating and issued a $69.00 target price (up previously from $68.00) on shares of Xilinx in a research note on Thursday, July 27th. Vetr upgraded shares of Xilinx from a “sell” rating to a “buy” rating and set a $69.47 target price for the company in a research note on Monday, June 19th. Finally, Barclays PLC upgraded shares of Xilinx from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $53.00 to $60.00 in a research note on Tuesday, July 18th. 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 company. The stock currently has a consensus rating of “Hold” and a consensus target price of $64.57.
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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