Mitsubishi UFJ Trust & Banking Corp trimmed its position in Xilinx, Inc. (NASDAQ:XLNX) by 0.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 505,976 shares of the programmable devices maker’s stock after selling 3,394 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.20% of Xilinx worth $35,838,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Acrospire Investment Management LLC bought a new stake in shares of Xilinx during the second quarter worth $103,000. Sun Life Financial INC grew its stake in shares of Xilinx by 22,475.0% during the second quarter. Sun Life Financial INC now owns 1,806 shares of the programmable devices maker’s stock worth $116,000 after buying an additional 1,798 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Xilinx by 46.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,964 shares of the programmable devices maker’s stock worth $191,000 after buying an additional 936 shares during the last quarter. Comerica Securities Inc. bought a new stake in shares of Xilinx during the second quarter worth $202,000. Finally, Sterling Capital Management LLC bought a new stake in shares of Xilinx during the second quarter worth $203,000. 95.22% of the stock is currently owned by institutional investors and hedge funds.

In other news, CEO Moshe Gavrielov sold 121,400 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $70.73, for a total transaction of $8,586,622.00. Following the transaction, the chief executive officer now owns 164,304 shares in the company, valued at $11,621,221.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Elizabeth W. Vanderslice sold 2,500 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $72.20, for a total transaction of $180,500.00. The disclosure for this sale can be found here. Insiders have sold 213,127 shares of company stock worth $15,135,685 in the last quarter. Company insiders own 0.40% of the company’s stock.

A number of analysts have weighed in on XLNX shares. Zacks Investment Research raised shares of Xilinx from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a research note on Friday, October 27th. MKM Partners boosted their target price on shares of Xilinx from $63.00 to $78.00 and gave the stock a “neutral” rating in a research note on Sunday, October 8th. KeyCorp set a $78.00 target price on shares of Xilinx and gave the stock a “buy” rating in a research note on Wednesday, October 11th. Deutsche Bank lifted their price target on shares of Xilinx from $63.00 to $65.00 and gave the stock a “hold” rating in a report on Thursday, October 26th. Finally, Vetr lowered shares of Xilinx from a “strong-buy” rating to a “buy” rating and set a $70.95 price target on the stock. in a report on Monday, August 7th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $69.73.

Xilinx, Inc. (XLNX) opened at $68.24 on Monday. The stock has a market cap of $17,125.03, a price-to-earnings ratio of 28.79, a P/E/G ratio of 2.82 and a beta of 1.08. The company has a quick ratio of 9.35, a current ratio of 9.86 and a debt-to-equity ratio of 0.70. Xilinx, Inc. has a fifty-two week low of $53.09 and a fifty-two week high of $75.14.

Xilinx (NASDAQ:XLNX) last released its earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.02. The business had revenue of $620.00 million for the quarter, compared to analyst estimates of $620.99 million. Xilinx had a net margin of 25.93% and a return on equity of 25.17%. Xilinx’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.61 earnings per share. equities analysts expect that Xilinx, Inc. will post 2.59 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be issued a $0.35 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.40 annualized dividend and a yield of 2.05%. Xilinx’s payout ratio is 59.07%.

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About Xilinx

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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