Bp Plc continued to hold its stake in shares of Xilinx, Inc. (NASDAQ:XLNX) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,000 shares of the programmable devices maker’s stock at the end of the second quarter. Bp Plc’s holdings in Xilinx were worth $2,058,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Nationwide Fund Advisors boosted its stake in shares of Xilinx by 86.1% in the first quarter. Nationwide Fund Advisors now owns 222,164 shares of the programmable devices maker’s stock worth $12,861,000 after buying an additional 102,779 shares in the last quarter. Vanguard Group Inc. increased its stake in Xilinx by 3.1% in the first quarter. Vanguard Group Inc. now owns 27,030,100 shares of the programmable devices maker’s stock worth $1,564,772,000 after buying an additional 812,627 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in Xilinx by 89.1% in the first quarter. DekaBank Deutsche Girozentrale now owns 121,781 shares of the programmable devices maker’s stock worth $7,059,000 after buying an additional 57,381 shares during the last quarter. Copeland Capital Management LLC increased its stake in Xilinx by 21.3% in the second quarter. Copeland Capital Management LLC now owns 176,969 shares of the programmable devices maker’s stock worth $11,383,000 after buying an additional 31,101 shares during the last quarter. Finally, Henderson Group PLC increased its stake in Xilinx by 315.0% in the first quarter. Henderson Group PLC now owns 864,125 shares of the programmable devices maker’s stock worth $50,011,000 after buying an additional 655,915 shares during the last quarter. Institutional investors own 94.61% of the company’s stock.

Xilinx, Inc. (NASDAQ XLNX) opened at 61.77 on Friday. The firm has a market capitalization of $15.36 billion, a P/E ratio of 26.40 and a beta of 1.09. Xilinx, Inc. has a one year low of $48.75 and a one year high of $68.68. The stock’s 50 day moving average is $64.91 and its 200 day moving average is $61.94.

Xilinx (NASDAQ:XLNX) last posted its quarterly earnings data on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.03. The firm had revenue of $615.40 million for the quarter, compared to analysts’ expectations of $615.69 million. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $0.61 EPS. On average, equities research analysts predict that Xilinx, Inc. will post $2.54 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Thursday, August 10th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Tuesday, August 8th. Xilinx’s dividend payout ratio (DPR) is currently 60.09%.

TRADEMARK VIOLATION WARNING: This story was originally published by Daily Political and is the property of of Daily Political. If you are viewing this story on another domain, it was illegally stolen and republished in violation of US and international copyright and trademark legislation. The original version of this story can be read at https://www.dailypolitical.com/2017/08/11/bp-plc-holds-position-in-xilinx-inc-nasdaqxlnx.html.

XLNX has been the subject of a number of analyst reports. Pacific Crest reiterated an “overweight” rating and issued a $70.00 price target on shares of Xilinx in a research report on Monday, May 8th. Credit Suisse Group set a $75.00 price target on shares of Xilinx and gave the company a “buy” rating in a research report on Thursday, July 27th. Mizuho reiterated a “hold” rating and issued a $64.00 price target on shares of Xilinx in a research report on Thursday, April 27th. Jefferies Group LLC lifted their price target on shares of Xilinx from $55.00 to $60.00 and gave the company a “hold” rating in a research report on Friday, April 28th. Finally, Barclays PLC set a $65.00 price target on shares of Xilinx and gave the company a “hold” rating in a research report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $64.57.

In other news, CEO Moshe Gavrielov sold 400 shares of the firm’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $67.73, for a total transaction of $27,092.00. Following the sale, the chief executive officer now owns 235,366 shares in the company, valued at approximately $15,941,339.18. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Steven L. Glaser sold 15,788 shares of the firm’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $63.38, for a total transaction of $1,000,643.44. Following the sale, the insider now owns 12,387 shares in the company, valued at approximately $785,088.06. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,531 shares of company stock worth $2,461,740. Corporate insiders own 0.40% of the company’s stock.

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.

Want to see what other hedge funds are holding XLNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xilinx, Inc. (NASDAQ:XLNX).

Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

Receive News & Ratings for Xilinx Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xilinx Inc. and related companies with MarketBeat.com's FREE daily email newsletter.