Xilinx, Inc. (XLNX) Shares Sold by Prospector Partners LLC

Prospector Partners LLC trimmed its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 11.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,100 shares of the programmable devices maker’s stock after selling 7,500 shares during the period. Prospector Partners LLC’s holdings in Xilinx were worth $4,115,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in XLNX. Seaward Management Limited Partnership lifted its position in shares of Xilinx by 2.1% in the second quarter. Seaward Management Limited Partnership now owns 4,053 shares of the programmable devices maker’s stock worth $260,000 after buying an additional 83 shares in the last quarter. Bronfman E.L. Rothschild L.P. lifted its position in shares of Xilinx by 2.1% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,154 shares of the programmable devices maker’s stock worth $267,000 after buying an additional 87 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of Xilinx by 1.2% in the second quarter. Nordea Investment Management AB now owns 11,622 shares of the programmable devices maker’s stock worth $748,000 after buying an additional 135 shares in the last quarter. Sentry Investment Management LLC lifted its position in shares of Xilinx by 0.8% in the second quarter. Sentry Investment Management LLC now owns 18,963 shares of the programmable devices maker’s stock worth $1,220,000 after buying an additional 151 shares in the last quarter. Finally, Advisor Group Inc. lifted its position in shares of Xilinx by 2.4% in the second quarter. Advisor Group Inc. now owns 10,389 shares of the programmable devices maker’s stock worth $669,000 after buying an additional 239 shares in the last quarter. Institutional investors and hedge funds own 95.23% of the company’s stock.

Xilinx, Inc. (XLNX) opened at $68.39 on Thursday. The company has a market capitalization of $17,104.95, a P/E ratio of 28.76, a PEG ratio of 2.82 and a beta of 1.07. Xilinx, Inc. has a 52 week low of $54.41 and a 52 week high of $75.14. The company has a debt-to-equity ratio of 0.70, a quick ratio of 9.35 and a current ratio of 9.86.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th were paid a dividend of $0.35 per share. The ex-dividend date was Tuesday, November 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.05%. Xilinx’s dividend payout ratio is 59.07%.

A number of research firms recently commented on XLNX. BMO Capital Markets reiterated a “buy” rating and issued a $80.00 target price on shares of Xilinx in a research report on Wednesday, October 18th. Robert W. Baird reiterated a “hold” rating and issued a $68.00 target price on shares of Xilinx in a research report on Friday, October 27th. Barclays boosted their target price on Xilinx from $65.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 26th. Credit Suisse Group reiterated an “outperform” rating on shares of Xilinx in a research report on Thursday, August 31st. Finally, BidaskClub downgraded Xilinx from a “hold” rating to a “sell” rating in a research report on Saturday, August 19th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $69.73.

In related news, CFO Lorenzo Flores sold 2,828 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $74.23, for a total value of $209,922.44. Following the completion of the sale, the chief financial officer now owns 28,313 shares in the company, valued at $2,101,673.99. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Elizabeth W. Vanderslice sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $72.20, for a total value of $180,500.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 213,127 shares of company stock worth $15,135,685. Insiders own 0.40% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This piece of content was first posted by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of international copyright laws. The original version of this piece of content can be accessed at https://www.com-unik.info/2017/12/07/xilinx-inc-xlnx-shares-sold-by-prospector-partners-llc.html.

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.

Want to see what other hedge funds are holding XLNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xilinx, Inc. (NASDAQ:XLNX).

Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

What are top analysts saying about Xilinx Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Xilinx Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit