Ameriprise Financial Inc. lifted its stake in shares of Xilinx, Inc. (NASDAQ:XLNX) by 44.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 678,508 shares of the programmable devices maker’s stock after purchasing an additional 209,182 shares during the quarter. Ameriprise Financial Inc. owned about 0.27% of Xilinx worth $43,641,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in XLNX. O Shaughnessy Asset Management LLC raised its position in shares of Xilinx by 9,866.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,691 shares of the programmable devices maker’s stock worth $156,000 after purchasing an additional 2,664 shares during the period. Huntington National Bank raised its position in shares of Xilinx by 217.1% during the 2nd quarter. Huntington National Bank now owns 2,794 shares of the programmable devices maker’s stock worth $180,000 after purchasing an additional 1,913 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Xilinx by 46.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,964 shares of the programmable devices maker’s stock worth $191,000 after purchasing an additional 936 shares during the period. Harfst & Associates Inc. acquired a new stake in shares of Xilinx during the 1st quarter worth approximately $201,000. Finally, Regentatlantic Capital LLC acquired a new stake in shares of Xilinx during the 2nd quarter worth approximately $219,000. Institutional investors and hedge funds own 97.41% of the company’s stock.

Shares of Xilinx, Inc. (NASDAQ:XLNX) opened at 69.33 on Friday. Xilinx, Inc. has a 1-year low of $48.75 and a 1-year high of $70.33. The stock’s 50 day moving average price is $64.29 and its 200 day moving average price is $63.15. The company has a market capitalization of $17.24 billion, a price-to-earnings ratio of 29.63 and a beta of 1.08.

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, topping the consensus estimate of $0.60 by $0.03. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The firm had revenue of $615.40 million during the quarter, compared to analysts’ expectations of $615.69 million. During the same quarter in the previous year, the company posted $0.61 EPS. Xilinx’s revenue was up 7.0% on a year-over-year basis. Analysts expect that Xilinx, Inc. will post $2.54 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Thursday, August 10th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date was Tuesday, August 8th. Xilinx’s dividend payout ratio is presently 60.09%.

In other Xilinx news, CEO Moshe Gavrielov sold 25,000 shares of Xilinx stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $69.76, for a total transaction of $1,744,000.00. Following the completion of the sale, the chief executive officer now owns 270,856 shares of the company’s stock, valued at approximately $18,894,914.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven L. Glaser sold 15,788 shares of Xilinx stock in a transaction on Monday, July 31st. The stock was sold at an average price of $63.38, for a total transaction of $1,000,643.44. Following the sale, the insider now directly owns 12,387 shares of the company’s stock, valued at approximately $785,088.06. The disclosure for this sale can be found here. Insiders have sold a total of 52,931 shares of company stock valued at $3,499,574 in the last ninety days. Company insiders own 0.40% of the company’s stock.

A number of brokerages have recently weighed in on XLNX. Raymond James Financial, Inc. reiterated a “mkt perform” rating on shares of Xilinx in a research report on Friday, June 16th. Zacks Investment Research cut Xilinx from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Mizuho reiterated a “neutral” rating and set a $69.00 price target (up from $68.00) on shares of Xilinx in a research report on Thursday, July 27th. Vetr upgraded Xilinx from a “sell” rating to a “buy” rating and set a $69.47 price target on the stock in a research report on Monday, June 19th. Finally, Barclays PLC raised Xilinx from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $53.00 to $60.00 in a report on Tuesday, July 18th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $64.57.

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Xilinx 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.

Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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