Whittier Trust Co. of Nevada Inc. cut its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 8.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,861 shares of the programmable devices maker’s stock after selling 510 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Xilinx were worth $377,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. DnB Asset Management AS raised its position in shares of Xilinx by 19.2% in the first quarter. DnB Asset Management AS now owns 27,966 shares of the programmable devices maker’s stock worth $1,619,000 after buying an additional 4,500 shares in the last quarter. Farmers & Merchants Investments Inc. raised its position in shares of Xilinx by 4.8% in the first quarter. Farmers & Merchants Investments Inc. now owns 109,210 shares of the programmable devices maker’s stock worth $6,322,000 after buying an additional 5,000 shares in the last quarter. National Pension Service raised its position in shares of Xilinx by 1.1% in the first quarter. National Pension Service now owns 231,227 shares of the programmable devices maker’s stock worth $13,383,000 after buying an additional 2,527 shares in the last quarter. Gulf International Bank UK Ltd raised its position in shares of Xilinx by 1.3% in the first quarter. Gulf International Bank UK Ltd now owns 78,020 shares of the programmable devices maker’s stock worth $4,516,000 after buying an additional 1,000 shares in the last quarter. Finally, Trust Co. of Oklahoma raised its position in shares of Xilinx by 2.5% in the first quarter. Trust Co. of Oklahoma now owns 14,819 shares of the programmable devices maker’s stock worth $858,000 after buying an additional 361 shares in the last quarter. 94.25% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Xilinx, Inc. (NASDAQ:XLNX) traded down 1.41% during trading on Friday, hitting $64.88. 3,190,302 shares of the company were exchanged. The stock has a market cap of $16.09 billion, a P/E ratio of 27.97 and a beta of 1.10. Xilinx, Inc. has a 12 month low of $47.53 and a 12 month high of $68.68. The company’s 50-day moving average price is $65.98 and its 200 day moving average price is $61.44.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings results on Wednesday, April 26th. The programmable devices maker reported $0.57 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.03. The business had revenue of $609.50 million during the quarter, compared to analyst estimates of $605.25 million. Xilinx had a net margin of 26.50% and a return on equity of 24.41%. The business’s revenue was up 6.7% on a year-over-year basis. During the same period last year, the business earned $0.54 EPS. On average, equities analysts predict that Xilinx, Inc. will post $2.49 earnings per share for the current fiscal year.

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A number of brokerages recently weighed in on XLNX. BidaskClub raised shares of Xilinx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 24th. Vetr lowered shares of Xilinx from a “buy” rating to a “hold” rating and set a $69.47 target price on the stock. in a research note on Monday, June 26th. Wells Fargo & Company lowered shares of Xilinx from an “outperform” rating to a “market perform” rating and set a $66.00 target price on the stock. in a research note on Tuesday, May 23rd. Barclays PLC raised shares of Xilinx from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $53.00 to $60.00 in a research note on Tuesday. Finally, Pacific Crest reissued an “overweight” rating and issued a $70.00 target price on shares of Xilinx in a research note on Friday, May 19th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the stock. Xilinx has an average rating of “Hold” and a consensus price target of $63.27.

In related news, CEO Moshe Gavrielov sold 15,300 shares of the firm’s stock in a transaction on Monday, May 8th. The shares were sold at an average price of $64.78, for a total transaction of $991,134.00. Following the completion of the sale, the chief executive officer now directly owns 245,066 shares of the company’s stock, valued at approximately $15,875,375.48. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Krishna Rangasayee sold 15,000 shares of the firm’s stock in a transaction on Monday, May 8th. The shares were sold at an average price of $64.89, for a total transaction of $973,350.00. Following the sale, the insider now directly owns 15,555 shares of the company’s stock, valued at $1,009,363.95. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 75,000 shares of company stock valued at $4,862,471. Company insiders own 0.40% of the company’s stock.

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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