Today, Xilinx Inc. (XLNX) Position Decreased by Aperio Group LLC

Today, Xilinx Inc. (XLNX) Position Decreased by Aperio Group LLC

Aperio Group LLC cut its stake in Xilinx Inc. (NASDAQ:XLNX) by 2.2% during the third quarter, Holdings Channel reports. The institutional investor owned 106,250 shares of the programmable devices maker’s stock after selling 2,371 shares during the period. Aperio Group LLC’s holdings in Xilinx were worth $5,774,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FIL Ltd increased its position in shares of Xilinx by 905.7% in the second quarter. FIL Ltd now owns 4,434,813 shares of the programmable devices maker’s stock worth $204,577,000 after buying an additional 3,993,842 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Xilinx by 45.7% in the second quarter. Alliancebernstein L.P. now owns 9,876,804 shares of the programmable devices maker’s stock worth $455,617,000 after buying an additional 3,097,167 shares in the last quarter. Capital Research Global Investors increased its position in shares of Xilinx by 36.1% in the second quarter. Capital Research Global Investors now owns 9,590,311 shares of the programmable devices maker’s stock worth $442,401,000 after buying an additional 2,544,411 shares in the last quarter. First Eagle Investment Management LLC increased its position in shares of Xilinx by 14.7% in the second quarter. First Eagle Investment Management LLC now owns 12,145,640 shares of the programmable devices maker’s stock worth $560,278,000 after buying an additional 1,556,452 shares in the last quarter. Finally, Capital International Investors increased its position in shares of Xilinx by 8.7% in the second quarter. Capital International Investors now owns 11,617,440 shares of the programmable devices maker’s stock worth $535,913,000 after buying an additional 928,500 shares in the last quarter. Hedge funds and other institutional investors own 90.95% of the company’s stock.

Xilinx Inc. (NASDAQ:XLNX) traded down 0.19% during trading on Monday, hitting $53.29. The stock had a trading volume of 2,626,608 shares. Xilinx Inc. has a 12 month low of $40.44 and a 12 month high of $55.49. The firm has a 50 day moving average of $51.32 and a 200-day moving average of $49.97. The stock has a market cap of $13.46 billion, a price-to-earnings ratio of 23.79 and a beta of 1.17.

Xilinx (NASDAQ:XLNX) last released its earnings results on Wednesday, October 19th. The programmable devices maker reported $0.61 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.06. Xilinx had a net margin of 26.32% and a return on equity of 23.21%. The company earned $579 million during the quarter, compared to analysts’ expectations of $574.90 million. During the same quarter last year, the business earned $0.48 EPS. The business’s revenue was up 9.7% on a year-over-year basis. Equities analysts predict that Xilinx Inc. will post $2.24 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 23rd. Stockholders of record on Tuesday, November 8th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 2.47%. The ex-dividend date was Friday, November 4th. Xilinx’s dividend payout ratio (DPR) is presently 58.67%.

XLNX has been the topic of a number of research analyst reports. Zacks Investment Research downgraded Xilinx from a “buy” rating to a “hold” rating in a report on Thursday, August 4th. Pacific Crest upped their target price on Xilinx from $55.00 to $65.00 and gave the stock an “overweight” rating in a report on Thursday, August 18th. MKM Partners upped their target price on Xilinx from $52.00 to $55.00 and gave the stock a “neutral” rating in a report on Wednesday, August 31st. Robert W. Baird downgraded Xilinx from an “outperform” rating to a “neutral” rating and upped their target price for the stock from $50.99 to $52.00 in a report on Wednesday, October 12th. Finally, Barclays PLC upped their target price on Xilinx from $45.00 to $48.00 and gave the stock an “equal weight” rating in a report on Thursday, October 20th. Fourteen investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Xilinx currently has an average rating of “Hold” and a consensus target price of $51.44.

In other news, VP Victor Peng sold 12,234 shares of the firm’s stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $54.00, for a total value of $660,636.00. Following the completion of the sale, the vice president now owns 44,811 shares in the company, valued at approximately $2,419,794. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Moshe Gavrielov sold 4,812 shares of the firm’s stock in a transaction on Tuesday, September 6th. The stock was sold at an average price of $54.73, for a total transaction of $263,360.76. Following the completion of the sale, the chief executive officer now owns 356,622 shares of the company’s stock, valued at approximately $19,517,922.06. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by insiders.

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.

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