Schroder Investment Management Group Has $10.43 Million Holdings in Xilinx, Inc. (XLNX)
Schroder Investment Management Group decreased its stake in Xilinx, Inc. (NASDAQ:XLNX) by 24.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 162,497 shares of the programmable devices maker’s stock after selling 53,521 shares during the quarter. Schroder Investment Management Group owned approximately 0.07% of Xilinx worth $10,429,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of XLNX. TrimTabs Asset Management LLC boosted its stake in shares of Xilinx by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 1,989 shares of the programmable devices maker’s stock worth $115,000 after acquiring an additional 936 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in shares of Xilinx by 9,866.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 2,691 shares of the programmable devices maker’s stock worth $156,000 after acquiring an additional 2,664 shares during the period. Huntington National Bank boosted its stake in shares of Xilinx by 217.1% in the second quarter. Huntington National Bank now owns 2,794 shares of the programmable devices maker’s stock worth $180,000 after acquiring an additional 1,913 shares during the period. Harfst & Associates Inc. bought a new position in shares of Xilinx in the first quarter worth about $201,000. Finally, Regentatlantic Capital LLC bought a new position in shares of Xilinx in the second quarter worth about $219,000. Institutional investors and hedge funds own 97.44% of the company’s stock.
XLNX has been the subject of a number of recent analyst reports. Credit Suisse Group set a $75.00 price objective on Xilinx and gave the stock a “buy” rating in a research note on Thursday, July 27th. Barclays PLC set a $65.00 price objective on Xilinx and gave the stock a “hold” rating in a research note on Thursday, July 27th. Instinet upped their price objective on Xilinx from $45.00 to $50.00 and gave the stock a “reduce” rating in a research note on Wednesday, May 24th. BidaskClub lowered Xilinx from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 19th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $72.00 price objective on shares of Xilinx in a research note on Monday, June 12th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the company’s stock. Xilinx currently has an average rating of “Hold” and a consensus target price of $64.57.
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Shares of Xilinx, Inc. (NASDAQ XLNX) opened at 68.33 on Friday. Xilinx, Inc. has a 1-year low of $48.75 and a 1-year high of $68.75. The company has a market capitalization of $16.99 billion, a price-to-earnings ratio of 29.20 and a beta of 1.08. The stock has a 50 day moving average price of $63.93 and a 200 day moving average price of $62.94.
Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.03. The business had revenue of $615.40 million for the quarter, compared to analysts’ expectations of $615.69 million. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.61 EPS. On average, equities analysts anticipate that Xilinx, Inc. will post $2.54 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Stockholders of record on Thursday, August 10th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend was Tuesday, August 8th. Xilinx’s dividend payout ratio is currently 60.09%.
In related news, SVP Scott Hover-Smoot sold 12,143 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $62.17, for a total value of $754,930.31. Following the transaction, the senior vice president now directly owns 41,869 shares in the company, valued at $2,602,995.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Steven L. Glaser sold 15,788 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $63.38, for a total value of $1,000,643.44. Following the completion of the transaction, the insider now owns 12,387 shares in the company, valued at $785,088.06. The disclosure for this sale can be found here. 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.
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