DE Burlo Group Inc. increased its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 13.9% in the 1st quarter, HoldingsChannel reports. The fund owned 89,200 shares of the programmable devices maker’s stock after purchasing an additional 10,900 shares during the period. Xilinx makes up about 2.3% of DE Burlo Group Inc.’s portfolio, making the stock its 17th biggest position. DE Burlo Group Inc.’s holdings in Xilinx were worth $11,310,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Oregon Public Employees Retirement Fund raised its stake in shares of Xilinx by 12,987.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 7,595,886 shares of the programmable devices maker’s stock worth $89,000 after purchasing an additional 7,537,845 shares in the last quarter. FMR LLC increased its holdings in shares of Xilinx by 629.8% during the 4th quarter. FMR LLC now owns 4,579,088 shares of the programmable devices maker’s stock valued at $390,001,000 after acquiring an additional 3,951,683 shares during the last quarter. Norges Bank acquired a new position in shares of Xilinx during the 4th quarter valued at about $210,563,000. 1832 Asset Management L.P. increased its holdings in shares of Xilinx by 1,478.9% during the 4th quarter. 1832 Asset Management L.P. now owns 1,127,300 shares of the programmable devices maker’s stock valued at $94,468,000 after acquiring an additional 1,055,900 shares during the last quarter. Finally, Swedbank acquired a new position in shares of Xilinx during the 1st quarter valued at about $111,757,000. 86.02% of the stock is owned by hedge funds and other institutional investors.
Xilinx stock opened at $101.21 on Monday. The company has a quick ratio of 7.53, a current ratio of 8.19 and a debt-to-equity ratio of 0.43. The company has a market cap of $25.70 billion, a P/E ratio of 29.08, a P/E/G ratio of 2.22 and a beta of 1.12. Xilinx, Inc. has a one year low of $64.15 and a one year high of $141.60.
Xilinx (NASDAQ:XLNX) last posted its earnings results on Wednesday, April 24th. The programmable devices maker reported $0.94 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.02). The company had revenue of $828.36 million for the quarter, compared to the consensus estimate of $826.51 million. Xilinx had a return on equity of 34.72% and a net margin of 29.09%. Xilinx’s quarterly revenue was up 29.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.75 EPS. On average, equities research analysts forecast that Xilinx, Inc. will post 3.96 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, May 16th will be given a $0.37 dividend. This is an increase from Xilinx’s previous quarterly dividend of $0.36. The ex-dividend date is Wednesday, May 15th. This represents a $1.48 annualized dividend and a yield of 1.46%. Xilinx’s payout ratio is presently 42.53%.
In other Xilinx news, Director Elizabeth W. Vanderslice sold 2,000 shares of Xilinx stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $101.50, for a total value of $203,000.00. Following the completion of the transaction, the director now owns 29,483 shares in the company, valued at approximately $2,992,524.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Mark Wadlington sold 2,241 shares of Xilinx stock in a transaction on Friday, April 12th. The shares were sold at an average price of $133.10, for a total value of $298,277.10. Following the completion of the transaction, the senior vice president now owns 1,834 shares of the company’s stock, valued at approximately $244,105.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,676 shares of company stock valued at $547,252. Corporate insiders own 0.16% of the company’s stock.
A number of brokerages have recently commented on XLNX. Needham & Company LLC lowered Xilinx from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Cowen reissued a “market perform” rating and set a $120.00 price objective (down previously from $130.00) on shares of Xilinx in a report on Thursday, April 25th. Goldman Sachs Group lowered Xilinx from a “buy” rating to a “neutral” rating and set a $122.00 price objective on the stock. in a report on Thursday, April 25th. Deutsche Bank increased their price objective on Xilinx from $90.00 to $125.00 and gave the company a “hold” rating in a report on Wednesday, April 17th. Finally, Morgan Stanley increased their price objective on Xilinx from $101.00 to $137.00 and gave the company an “overweight” rating in a report on Monday, April 22nd. Twelve equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $117.68.
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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