Xilinx, Inc. (XLNX) Position Cut by Central Bank & Trust Co.

Central Bank & Trust Co. decreased its position in Xilinx, Inc. (NASDAQ:XLNX) by 30.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,725 shares of the programmable devices maker’s stock after selling 1,631 shares during the period. Central Bank & Trust Co.’s holdings in Xilinx were worth $251,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Acrospire Investment Management LLC acquired a new position in Xilinx in the second quarter valued at $103,000. Sun Life Financial INC lifted its holdings in Xilinx by 22,475.0% in the second quarter. Sun Life Financial INC now owns 1,806 shares of the programmable devices maker’s stock valued at $116,000 after buying an additional 1,798 shares during the period. San Francisco Sentry Investment Group CA acquired a new position in Xilinx in the third quarter valued at $117,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Xilinx by 46.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,964 shares of the programmable devices maker’s stock valued at $191,000 after buying an additional 936 shares during the period. Finally, Comerica Securities Inc. acquired a new position in Xilinx in the second quarter valued at $202,000. Institutional investors and hedge funds own 94.96% of the company’s stock.

In other news, CEO Moshe Gavrielov sold 1,400 shares of the business’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $73.38, for a total transaction of $102,732.00. Following the completion of the sale, the chief executive officer now directly owns 111,413 shares of the company’s stock, valued at $8,175,485.94. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Elizabeth W. Vanderslice sold 2,500 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was 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. Over the last three months, insiders have sold 31,728 shares of company stock valued at $2,293,154. 0.40% of the stock is currently owned by insiders.

Xilinx, Inc. (XLNX) traded down $0.89 during trading hours on Tuesday, hitting $73.77. 2,120,000 shares of the stock traded hands, compared to its average volume of 2,070,000. The company has a current ratio of 9.86, a quick ratio of 9.35 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $18,510.00, a P/E ratio of 31.13, a PEG ratio of 3.08 and a beta of 1.08. Xilinx, Inc. has a one year low of $54.99 and a one year high of $75.47.

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

XLNX has been the topic of several recent analyst reports. Morgan Stanley boosted their target price on shares of Xilinx from $72.00 to $78.00 and gave the company an “overweight” rating in a report on Wednesday, December 13th. Deutsche Bank boosted their target price on shares of Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a report on Thursday, October 26th. BidaskClub lowered shares of Xilinx from a “hold” rating to a “sell” rating in a report on Saturday, December 2nd. Barclays boosted their target price on shares of Xilinx from $65.00 to $67.00 and gave the company an “equal weight” rating in a report on Thursday, October 26th. Finally, Zacks Investment Research lowered shares of Xilinx from a “buy” rating to a “hold” rating in a report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the stock. Xilinx currently has an average rating of “Hold” and a consensus price target of $71.53.

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Xilinx 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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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