Slow Capital Inc. decreased its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 8.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,819 shares of the programmable devices maker’s stock after selling 349 shares during the quarter. Slow Capital Inc.’s holdings in Xilinx were worth $450,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of XLNX. FMR LLC lifted its holdings in Xilinx by 67.6% in the first quarter. FMR LLC now owns 7,672,404 shares of the programmable devices maker’s stock valued at $972,785,000 after buying an additional 3,093,316 shares during the period. BlackRock Inc. lifted its holdings in Xilinx by 12.2% in the first quarter. BlackRock Inc. now owns 21,137,464 shares of the programmable devices maker’s stock valued at $2,680,020,000 after buying an additional 2,294,950 shares during the period. Swedbank acquired a new position in Xilinx in the first quarter valued at $111,757,000. Janus Henderson Group PLC lifted its holdings in Xilinx by 24.5% in the second quarter. Janus Henderson Group PLC now owns 3,487,605 shares of the programmable devices maker’s stock valued at $411,258,000 after buying an additional 686,461 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in Xilinx by 133.9% in the second quarter. Robeco Institutional Asset Management B.V. now owns 814,492 shares of the programmable devices maker’s stock valued at $96,044,000 after buying an additional 466,247 shares during the period. 85.81% of the stock is currently owned by institutional investors.
Shares of NASDAQ XLNX traded down $3.08 during trading on Wednesday, hitting $103.35. 88,860 shares of the company traded hands, compared to its average volume of 3,946,446. The firm has a fifty day moving average of $116.52. Xilinx, Inc. has a fifty-two week low of $68.76 and a fifty-two week high of $141.60. The firm has a market cap of $26.88 billion, a price-to-earnings ratio of 29.74, a price-to-earnings-growth ratio of 2.30 and a beta of 1.23. The company has a debt-to-equity ratio of 0.48, a current ratio of 7.22 and a quick ratio of 6.54.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 27th. Stockholders of record on Wednesday, August 7th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Tuesday, August 6th. Xilinx’s payout ratio is presently 42.53%.
Several equities analysts recently issued reports on XLNX shares. Goldman Sachs Group lowered shares of Xilinx from a “buy” rating to a “neutral” rating and set a $122.00 target price on the stock. in a report on Thursday, April 25th. ValuEngine lowered shares of Xilinx from a “strong-buy” rating to a “buy” rating in a report on Monday, May 13th. Zacks Investment Research upgraded shares of Xilinx from a “sell” rating to a “hold” rating and set a $130.00 target price on the stock in a report on Saturday, July 27th. Barclays dropped their target price on shares of Xilinx from $130.00 to $105.00 and set an “equal weight” rating on the stock in a report on Thursday, June 6th. Finally, MKM Partners boosted their target price on shares of Xilinx to $120.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Fourteen equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $119.52.
In other news, EVP William Christopher Madden sold 435 shares of the business’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $105.69, for a total transaction of $45,975.15. Following the completion of the sale, the executive vice president now directly owns 4,809 shares of the company’s stock, valued at $508,263.21. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Catia Hagopian sold 1,000 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $120.00, for a total transaction of $120,000.00. Following the sale, the vice president now directly owns 16,674 shares of the company’s stock, valued at $2,000,880. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,821 shares of company stock valued at $2,377,587. 0.19% of the stock is currently owned by insiders.
Xilinx, Inc designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; adaptive compute acceleration platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP) core licenses covering Ethernet, memory controllers, Interlaken, and peripheral component interconnect express interfaces, as well as domain-specific IP in the areas of embedded, digital signal processing and connectivity, and market-specific IP cores.
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