California Public Employees Retirement System Raises Stake in Xilinx, Inc. (XLNX)

California Public Employees Retirement System increased its position in Xilinx, Inc. (NASDAQ:XLNX) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 631,394 shares of the programmable devices maker’s stock after purchasing an additional 5,990 shares during the quarter. California Public Employees Retirement System’s holdings in Xilinx were worth $42,569,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of XLNX. Pictet Asset Management Ltd. lifted its position in Xilinx by 67.6% in the 3rd quarter. Pictet Asset Management Ltd. now owns 2,301,908 shares of the programmable devices maker’s stock valued at $163,044,000 after acquiring an additional 928,405 shares in the last quarter. Point72 Asset Management L.P. lifted its position in Xilinx by 4,092.9% in the 3rd quarter. Point72 Asset Management L.P. now owns 259,962 shares of the programmable devices maker’s stock valued at $18,413,000 after acquiring an additional 253,762 shares in the last quarter. Vident Investment Advisory LLC bought a new position in Xilinx in the 3rd quarter valued at about $13,824,000. Van ECK Associates Corp lifted its position in Xilinx by 75.2% in the 3rd quarter. Van ECK Associates Corp now owns 404,429 shares of the programmable devices maker’s stock valued at $28,646,000 after acquiring an additional 173,615 shares in the last quarter. Finally, Ferguson Wellman Capital Management Inc. bought a new position in Xilinx in the 4th quarter valued at about $11,386,000. Institutional investors own 93.07% of the company’s stock.

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

Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, January 24th. The programmable devices maker reported $0.05 EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 27.61% and a net margin of 20.20%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the firm posted $0.52 EPS. sell-side analysts forecast that Xilinx, Inc. will post 2.07 earnings per share for the current year.

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

XLNX has been the topic of several recent research reports. KeyCorp reaffirmed an “overweight” rating and issued 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 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 raised shares of Xilinx from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Barclays reaffirmed a “hold” rating and issued a $70.00 price target on shares of Xilinx in a research report on Friday, January 19th. Finally, Argus raised their price target on shares of Xilinx to $85.00 and gave the company a “buy” rating in a research report on Tuesday, January 9th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the company. Xilinx has a consensus rating of “Hold” and an average price target of $73.45.

In related news, SVP Scott Hover-Smoot sold 4,300 shares of Xilinx stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $71.72, for a total value of $308,396.00. Following the sale, the senior vice president now owns 37,569 shares of the company’s stock, valued at approximately $2,694,448.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Vincent Tong sold 19,687 shares of Xilinx stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $73.52, for a total transaction of $1,447,388.24. Following the completion of the sale, the insider now directly owns 55,403 shares in the company, valued at approximately $4,073,228.56. The disclosure for this sale can be found here. Insiders sold a total of 43,987 shares of company stock worth $3,271,984 in the last ninety days. 0.40% of the stock is currently owned by insiders.

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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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