Commonwealth Equity Services LLC grew its stake in Xilinx, Inc. (NASDAQ:XLNX) by 4.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,637 shares of the programmable devices maker’s stock after acquiring an additional 963 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Xilinx were worth $1,842,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. San Francisco Sentry Investment Group CA raised its stake in shares of Xilinx by 5.7% in the fourth quarter. San Francisco Sentry Investment Group CA now owns 1,729 shares of the programmable devices maker’s stock worth $148,000 after purchasing an additional 94 shares during the last quarter. Elefante Mark B raised its stake in shares of Xilinx by 1.4% in the fourth quarter. Elefante Mark B now owns 7,010 shares of the programmable devices maker’s stock worth $597,000 after purchasing an additional 100 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Xilinx by 1.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 5,371 shares of the programmable devices maker’s stock worth $457,000 after purchasing an additional 100 shares during the last quarter. SP Asset Management raised its stake in shares of Xilinx by 0.4% in the fourth quarter. SP Asset Management now owns 23,786 shares of the programmable devices maker’s stock worth $2,026,000 after purchasing an additional 102 shares during the last quarter. Finally, Ropes Wealth Advisors LLC raised its stake in shares of Xilinx by 42.8% in the fourth quarter. Ropes Wealth Advisors LLC now owns 357 shares of the programmable devices maker’s stock worth $30,000 after purchasing an additional 107 shares during the last quarter. 87.55% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ:XLNX opened at $122.48 on Friday. Xilinx, Inc. has a 52-week low of $62.54 and a 52-week high of $127.70. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.38 and a quick ratio of 4.08. The stock has a market cap of $31.12 billion, a price-to-earnings ratio of 43.28, a P/E/G ratio of 2.94 and a beta of 1.18.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings results on Wednesday, January 23rd. The programmable devices maker reported $0.92 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.07. Xilinx had a return on equity of 34.82% and a net margin of 27.92%. The business had revenue of $800.00 million during the quarter, compared to analyst estimates of $770.65 million. During the same quarter in the previous year, the company posted $0.68 earnings per share. Xilinx’s revenue for the quarter was up 33.6% on a year-over-year basis. Equities research analysts predict that Xilinx, Inc. will post 3.47 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, February 21st. Shareholders of record on Wednesday, February 6th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend was Tuesday, February 5th. Xilinx’s dividend payout ratio is presently 50.88%.

Several research firms have recently weighed in on XLNX. BMO Capital Markets cut Xilinx from an “outperform” rating to a “market perform” rating and boosted their price target for the stock from $100.00 to $125.00 in a research note on Monday, March 4th. Robert W. Baird boosted their price target on Xilinx from $105.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, February 22nd. Bank of America restated a “buy” rating and issued a $143.00 price target on shares of Xilinx in a research note on Monday, March 4th. Goldman Sachs Group cut Xilinx from a “conviction-buy” rating to a “buy” rating in a research note on Monday, February 4th. Finally, Zacks Investment Research upgraded Xilinx from a “hold” rating to a “strong-buy” rating and set a $103.00 price objective for the company in a research report on Saturday, January 26th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $99.35.

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Xilinx Profile

Xilinx, Inc designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; adaptive compute acceleration platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP) core licenses covering Ethernet, memory controllers, Interlaken, and peripheral component interconnect express interfaces, as well as domain-specific IP in the areas of embedded, digital signal processing and connectivity, and market-specific IP cores.

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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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