Xilinx, Inc. (XLNX) Stake Lowered by New York State Common Retirement Fund

New York State Common Retirement Fund lessened its position in Xilinx, Inc. (NASDAQ:XLNX) by 0.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 697,700 shares of the programmable devices maker’s stock after selling 3,300 shares during the period. New York State Common Retirement Fund owned about 0.28% of Xilinx worth $49,418,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Xilinx by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 27,668,265 shares of the programmable devices maker’s stock worth $1,779,622,000 after buying an additional 638,165 shares in the last quarter. Janus Henderson Group PLC lifted its position in Xilinx by 743.4% during the 2nd quarter. Janus Henderson Group PLC now owns 7,287,938 shares of the programmable devices maker’s stock worth $468,770,000 after buying an additional 6,423,813 shares in the last quarter. Discovery Capital Management LLC CT lifted its position in Xilinx by 5.6% during the 2nd quarter. Discovery Capital Management LLC CT now owns 3,358,055 shares of the programmable devices maker’s stock worth $215,990,000 after buying an additional 177,100 shares in the last quarter. American Century Companies Inc. lifted its position in Xilinx by 104.8% during the 2nd quarter. American Century Companies Inc. now owns 3,134,197 shares of the programmable devices maker’s stock worth $201,592,000 after buying an additional 1,603,850 shares in the last quarter. Finally, Pictet Asset Management Ltd. lifted its position in Xilinx by 67.6% during the 3rd 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 in the last quarter. Institutional investors own 95.23% of the company’s stock.

Xilinx, Inc. (NASDAQ:XLNX) opened at $68.39 on Thursday. The company has a current ratio of 9.86, a quick ratio of 9.35 and a debt-to-equity ratio of 0.70. Xilinx, Inc. has a 52-week low of $54.41 and a 52-week high of $75.14. The stock has a market cap of $17,104.95, a PE ratio of 28.76, a price-to-earnings-growth ratio of 2.82 and a beta of 1.07.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th were paid a $0.35 dividend. 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 (DPR) is presently 59.07%.

Several research analysts recently issued reports on XLNX shares. Zacks Investment Research upgraded shares of Xilinx from a “hold” rating to a “buy” rating and set a $79.00 price target on the stock in a research report on Friday, October 27th. MKM Partners upped their price target on shares of Xilinx from $63.00 to $78.00 and gave the stock a “neutral” rating in a research report on Sunday, October 8th. KeyCorp set a $78.00 price target on shares of Xilinx and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Deutsche Bank upped their price target on shares of Xilinx from $63.00 to $65.00 and gave the stock a “hold” rating in a research report on Thursday, October 26th. Finally, SunTrust Banks reiterated a “hold” rating on shares of Xilinx in a research report on Wednesday, October 4th. 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 stock. Xilinx has an average rating of “Hold” and a consensus price target of $69.73.

In other news, Director Elizabeth W. Vanderslice sold 2,500 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $72.20, for a total value of $180,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Victor Peng sold 25,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $72.00, for a total value of $1,800,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 213,127 shares of company stock valued at $15,135,685. 0.40% of the stock is currently owned by company insiders.

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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.

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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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