Old Mutual Global Investors UK Ltd. purchased a new stake in Xilinx, Inc. (NASDAQ:XLNX) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,727 shares of the programmable devices maker’s stock, valued at approximately $116,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Pictet Asset Management Ltd. boosted its holdings in Xilinx by 67.6% during the third quarter. Pictet Asset Management Ltd. now owns 2,301,908 shares of the programmable devices maker’s stock worth $163,044,000 after buying an additional 928,405 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in Xilinx by 4,092.9% during the third quarter. Point72 Asset Management L.P. now owns 259,962 shares of the programmable devices maker’s stock worth $18,413,000 after buying an additional 253,762 shares during the last quarter. Vident Investment Advisory LLC acquired a new stake in shares of Xilinx during the third quarter worth about $13,824,000. Van ECK Associates Corp raised its position in shares of Xilinx by 75.2% during the third quarter. Van ECK Associates Corp now owns 404,429 shares of the programmable devices maker’s stock worth $28,646,000 after purchasing an additional 173,615 shares during the period. Finally, Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Xilinx during the fourth quarter worth about $11,386,000. Institutional investors and hedge funds own 93.07% of the company’s stock.
XLNX has been the topic of a number of research analyst reports. KeyCorp reaffirmed an “overweight” rating and set a $87.00 price target (up previously from $78.00) on shares of Xilinx in a research report on Tuesday, January 23rd. Deutsche Bank raised their price target on Xilinx from $63.00 to $65.00 and gave the stock a “hold” rating in a research report on Thursday, October 26th. Goldman Sachs Group raised Xilinx from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Barclays reaffirmed a “hold” rating and set a $70.00 price target on shares of Xilinx in a research report on Friday, January 19th. Finally, Argus raised their price target on Xilinx to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the stock. Xilinx currently has a consensus rating of “Hold” and a consensus price target of $73.45.
Xilinx, Inc. (XLNX) opened at $67.09 on Monday. The company has a debt-to-equity ratio of 0.73, a current ratio of 9.08 and a quick ratio of 8.59. The firm has a market capitalization of $17,100.00, a P/E ratio of 26.73, a price-to-earnings-growth ratio of 3.47 and a beta of 1.13. Xilinx, Inc. has a one year low of $54.99 and a one year high of $77.26.
Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.58). The company had revenue of $631.00 million during the quarter, compared to the consensus estimate of $630.00 million. Xilinx had a net margin of 20.20% and a return on equity of 27.61%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.52 earnings per share. equities research analysts predict that Xilinx, Inc. will post 2.07 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Wednesday, February 7th will be paid a dividend of $0.35 per share. The ex-dividend date is Tuesday, February 6th. This represents a $1.40 annualized dividend and a dividend yield of 2.09%. Xilinx’s dividend payout ratio is currently 55.78%.
COPYRIGHT VIOLATION NOTICE: “Old Mutual Global Investors UK Ltd. Purchases New Holdings in Xilinx, Inc. (XLNX)” was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this story can be read at https://www.com-unik.info/2018/02/19/old-mutual-global-investors-uk-ltd-purchases-new-holdings-in-xilinx-inc-xlnx.html.
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.
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).
Receive News & Ratings for Xilinx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xilinx and related companies with MarketBeat.com's FREE daily email newsletter.