Fulton Breakefield Broenniman LLC cut its position in Xilinx, Inc. (NASDAQ:XLNX) by 2.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,968 shares of the programmable devices maker’s stock after selling 2,336 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Xilinx were worth $5,079,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of XLNX. TrimTabs Asset Management LLC raised its position in Xilinx by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 1,989 shares of the programmable devices maker’s stock worth $115,000 after buying an additional 936 shares during the last quarter. Whittier Trust Co. raised its position in Xilinx by 16.8% in the first quarter. Whittier Trust Co. now owns 2,683 shares of the programmable devices maker’s stock worth $155,000 after buying an additional 386 shares during the last quarter. O Shaughnessy Asset Management LLC raised its position in Xilinx by 9,866.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 2,691 shares of the programmable devices maker’s stock worth $156,000 after buying an additional 2,664 shares during the last quarter. First Mercantile Trust Co. raised its position in shares of Xilinx by 12.0% in the first quarter. First Mercantile Trust Co. now owns 3,013 shares of the programmable devices maker’s stock valued at $174,000 after buying an additional 324 shares in the last quarter. Finally, Huntington National Bank raised its position in shares of Xilinx by 217.1% in the second quarter. Huntington National Bank now owns 2,794 shares of the programmable devices maker’s stock valued at $180,000 after buying an additional 1,913 shares in the last quarter. Hedge funds and other institutional investors own 94.61% of the company’s stock.
Shares of Xilinx, Inc. (XLNX) traded up 1.05% on Friday, hitting $62.42. The stock had a trading volume of 2,039,090 shares. The firm’s 50-day moving average price is $64.80 and its 200 day moving average price is $61.97. Xilinx, Inc. has a 12 month low of $48.75 and a 12 month high of $68.68. The firm has a market cap of $15.52 billion, a P/E ratio of 26.68 and a beta of 1.09.
Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.03. The company had revenue of $615.40 million for the quarter, compared to analysts’ expectations of $615.69 million. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The firm’s revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.61 earnings per share. Analysts anticipate that Xilinx, Inc. will post $2.54 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Thursday, August 10th will be issued a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.24%. Xilinx’s dividend payout ratio (DPR) is presently 60.09%.
XLNX has been the subject of several research reports. Pacific Crest reissued an “overweight” rating and issued a $70.00 target price on shares of Xilinx in a research report on Monday, May 8th. Credit Suisse Group set a $75.00 price target on Xilinx and gave the stock a “buy” rating in a research note on Thursday, July 27th. Jefferies Group LLC upped their price target on Xilinx from $55.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, April 28th. Mizuho restated a “hold” rating and issued a $64.00 price target on shares of Xilinx in a research note on Thursday, April 27th. Finally, Barclays PLC set a $65.00 price target on Xilinx and gave the stock a “hold” rating in a research note on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the stock. Xilinx currently has a consensus rating of “Hold” and a consensus target price of $64.57.
In related news, SVP Scott Hover-Smoot sold 12,143 shares of the stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $62.17, for a total value of $754,930.31. Following the sale, the senior vice president now owns 41,869 shares of the company’s stock, valued at approximately $2,602,995.73. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Steven L. Glaser sold 15,788 shares of the stock in a transaction dated 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 completion of the sale, the insider now directly owns 12,387 shares in the company, valued at approximately $785,088.06. The disclosure for this sale can be found here. In the last ninety days, insiders sold 38,531 shares of company stock worth $2,461,740. Corporate insiders own 0.40% of the company’s stock.
Xilinx Company 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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