AGF Investments Inc. Sells 11,248 Shares of Xilinx, Inc. (XLNX)

AGF Investments Inc. reduced its stake in Xilinx, Inc. (NASDAQ:XLNX) by 8.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 115,975 shares of the programmable devices maker’s stock after selling 11,248 shares during the quarter. AGF Investments Inc.’s holdings in Xilinx were worth $7,819,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of XLNX. Ark Investment Management LLC boosted its stake in shares of Xilinx by 112.1% in the second quarter. Ark Investment Management LLC now owns 173,041 shares of the programmable devices maker’s stock valued at $11,130,000 after buying an additional 91,460 shares during the period. Sterling Capital Management LLC bought a new stake in shares of Xilinx in the second quarter valued at approximately $203,000. Public Employees Retirement System of Ohio boosted its stake in shares of Xilinx by 16.0% in the second quarter. Public Employees Retirement System of Ohio now owns 110,309 shares of the programmable devices maker’s stock valued at $7,095,000 after buying an additional 15,231 shares during the period. Advisory Services Network LLC boosted its stake in shares of Xilinx by 5.9% in the second quarter. Advisory Services Network LLC now owns 4,459 shares of the programmable devices maker’s stock valued at $287,000 after buying an additional 248 shares during the period. Finally, Sentry Investment Management LLC raised its position in Xilinx by 0.8% during the second quarter. Sentry Investment Management LLC now owns 18,963 shares of the programmable devices maker’s stock valued at $1,220,000 after purchasing an additional 151 shares in the last quarter. Institutional investors and hedge funds own 93.07% of the company’s stock.

Xilinx, Inc. (XLNX) opened at $66.86 on Thursday. The stock has a market cap of $17,040.00, a price-to-earnings ratio of 35.19, a PEG ratio of 3.37 and a beta of 1.13. The company has a debt-to-equity ratio of 0.73, a quick ratio of 8.59 and a current ratio of 9.08. Xilinx, Inc. has a 1-year low of $54.99 and a 1-year high of $77.26.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by ($0.58). The company had revenue of $631.00 million for the quarter, compared to analyst estimates of $630.00 million. Xilinx had a return on equity of 27.61% and a net margin of 20.20%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company posted $0.52 earnings per share. research analysts predict that Xilinx, Inc. will post 2.07 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Wednesday, February 7th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, February 6th. This represents a $1.40 annualized dividend and a dividend yield of 2.09%. Xilinx’s dividend payout ratio (DPR) is presently 73.68%.

In related news, CEO Moshe Gavrielov sold 20,000 shares of the business’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $75.81, for a total value of $1,516,200.00. Following the sale, the chief executive officer now owns 62,813 shares of the company’s stock, valued at $4,761,853.53. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Scott Hover-Smoot sold 4,300 shares of the business’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $71.72, for a total transaction of $308,396.00. Following the completion of the sale, the senior vice president now directly owns 37,569 shares in the company, valued at approximately $2,694,448.68. The disclosure for this sale can be found here. Insiders have sold 43,987 shares of company stock valued at $3,271,984 over the last quarter. Company insiders own 0.40% of the company’s stock.

XLNX has been the subject of several research analyst reports. KeyCorp restated an “overweight” rating and set a $87.00 price objective (up from $78.00) on shares of Xilinx in a research report on Tuesday, January 23rd. Deutsche Bank boosted their price objective on shares of Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a research report on Thursday, October 26th. Goldman Sachs Group upgraded shares of Xilinx from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Barclays restated a “hold” rating and set a $70.00 price objective on shares of Xilinx in a research report on Friday, January 19th. Finally, Argus boosted their price objective on shares of Xilinx to $85.00 and gave the company a “buy” rating in a research report on Tuesday, January 9th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $73.45.

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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.

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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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