Tredje AP fonden increased its stake in shares of Xilinx, Inc. (NASDAQ:XLNX) by 19.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,422 shares of the programmable devices maker’s stock after acquiring an additional 3,034 shares during the quarter. Tredje AP fonden’s holdings in Xilinx were worth $1,436,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Sunbelt Securities Inc. bought a new position in Xilinx during the 4th quarter worth about $3,055,000. Checchi Capital Advisers LLC boosted its holdings in shares of Xilinx by 5.3% in the 1st quarter. Checchi Capital Advisers LLC now owns 2,590 shares of the programmable devices maker’s stock valued at $202,000 after buying an additional 130 shares in the last quarter. Western Wealth Management LLC boosted its holdings in shares of Xilinx by 4.1% in the 1st quarter. Western Wealth Management LLC now owns 3,376 shares of the programmable devices maker’s stock valued at $267,000 after buying an additional 133 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of Xilinx by 4.3% in the 4th quarter. Integrated Wealth Concepts LLC now owns 3,434 shares of the programmable devices maker’s stock valued at $336,000 after buying an additional 141 shares in the last quarter. Finally, Prospector Partners LLC boosted its holdings in shares of Xilinx by 0.6% in the 1st quarter. Prospector Partners LLC now owns 25,600 shares of the programmable devices maker’s stock valued at $1,995,000 after buying an additional 150 shares in the last quarter. 82.60% of the stock is currently owned by institutional investors.

XLNX traded down $2.40 on Friday, hitting $90.89. The company had a trading volume of 31,297 shares, compared to its average volume of 2,605,628. The firm has a market cap of $22.69 billion, a P/E ratio of 29.90, a PEG ratio of 3.81 and a beta of 0.98. Xilinx, Inc. has a 1 year low of $67.68 and a 1 year high of $133.00. The company’s fifty day moving average price is $90.26 and its 200 day moving average price is $89.01. The company has a current ratio of 2.68, a quick ratio of 2.40 and a debt-to-equity ratio of 0.32.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, April 22nd. The programmable devices maker reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.09. The firm had revenue of $756.00 million for the quarter, compared to analyst estimates of $751.53 million. Xilinx had a net margin of 25.07% and a return on equity of 33.25%. Xilinx’s revenue was down 8.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.95 EPS. On average, analysts predict that Xilinx, Inc. will post 2.71 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 13th were issued a $0.38 dividend. This is a positive change from Xilinx’s previous quarterly dividend of $0.37. This represents a $1.52 annualized dividend and a yield of 1.67%. The ex-dividend date was Tuesday, May 12th. Xilinx’s payout ratio is 45.37%.

A number of research firms have recently weighed in on XLNX. Jefferies Financial Group raised their price target on shares of Xilinx from $100.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Morgan Stanley raised their price target on shares of Xilinx from $90.00 to $108.00 and gave the company an “overweight” rating in a report on Tuesday, June 16th. Goldman Sachs Group upgraded shares of Xilinx from a “neutral” rating to a “buy” rating and lowered their price target for the company from $100.00 to $92.00 in a report on Tuesday, March 24th. Mizuho reduced their price target on shares of Xilinx from $98.00 to $94.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Finally, SunTrust Banks raised their price target on shares of Xilinx from $82.00 to $93.00 and gave the stock a “hold” rating in a research report on Thursday, April 23rd. Two investment analysts have rated the stock with a sell rating, twelve have issued 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 $97.79.

In other Xilinx news, VP Catia Hagopian sold 1,200 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $90.41, for a total transaction of $108,492.00. Following the sale, the vice president now directly owns 15,770 shares in the company, valued at $1,425,765.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mark Wadlington sold 2,236 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $84.57, for a total transaction of $189,098.52. Following the sale, the senior vice president now owns 3,959 shares in the company, valued at $334,812.63. The disclosure for this sale can be found here. 0.19% of the stock is currently owned by insiders.

Xilinx Profile

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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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