NF Trinity Capital Hong Kong Ltd Has $8.57 Million Holdings in Xilinx, Inc. (XLNX)
NF Trinity Capital Hong Kong Ltd raised its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 59.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 121,000 shares of the programmable devices maker’s stock after purchasing an additional 45,000 shares during the period. Xilinx accounts for approximately 1.2% of NF Trinity Capital Hong Kong Ltd’s holdings, making the stock its 21st biggest position. NF Trinity Capital Hong Kong Ltd’s holdings in Xilinx were worth $8,570,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of XLNX. Acrospire Investment Management LLC acquired a new position in Xilinx during the 2nd quarter valued at about $103,000. Sun Life Financial INC boosted its stake in Xilinx by 22,475.0% during the 2nd quarter. Sun Life Financial INC now owns 1,806 shares of the programmable devices maker’s stock valued at $116,000 after purchasing an additional 1,798 shares during the period. Huntington National Bank boosted its stake in Xilinx by 217.1% during the 2nd quarter. Huntington National Bank now owns 2,794 shares of the programmable devices maker’s stock valued at $180,000 after purchasing an additional 1,913 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in 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 valued at $191,000 after purchasing an additional 936 shares during the period. Finally, Comerica Securities Inc. acquired a new position in Xilinx during the 2nd quarter valued at about $202,000. 96.11% of the stock is owned by hedge funds and other institutional investors.
In other Xilinx news, CEO Moshe Gavrielov sold 121,400 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $70.73, for a total value of $8,586,622.00. Following the transaction, the chief executive officer now owns 164,304 shares in the company, valued at approximately $11,621,221.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Lorenzo Flores sold 2,828 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $74.23, for a total transaction of $209,922.44. Following the completion of the sale, the chief financial officer now directly owns 28,313 shares of the company’s stock, valued at $2,101,673.99. The disclosure for this sale can be found here. In the last quarter, insiders sold 185,627 shares of company stock worth $13,155,185. Company insiders own 0.40% of the company’s stock.
A number of analysts have recently weighed in on XLNX shares. Barclays PLC raised shares of Xilinx from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $53.00 to $60.00 in a research note on Tuesday, July 18th. BidaskClub lowered shares of Xilinx from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 19th. Vetr reaffirmed a “hold” rating on shares of Xilinx in a research note on Thursday, July 20th. Rosenblatt Securities reaffirmed a “hold” rating on shares of Xilinx in a research note on Wednesday, July 26th. Finally, Mizuho reaffirmed a “neutral” rating and issued a $69.00 price target (up from $68.00) on shares of Xilinx in a research note on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $69.73.
Xilinx, Inc. (NASDAQ XLNX) traded down $0.28 during trading on Wednesday, reaching $72.05. 992,100 shares of the company’s stock traded hands, compared to its average volume of 2,682,938. The firm has a market cap of $18,151.42, a price-to-earnings ratio of 30.52, a PEG ratio of 2.99 and a beta of 1.10. The company has a current ratio of 9.86, a quick ratio of 9.35 and a debt-to-equity ratio of 0.70. Xilinx, Inc. has a 1 year low of $52.54 and a 1 year high of $75.14.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.02. The firm had revenue of $620.00 million for the quarter, compared to analyst estimates of $620.99 million. Xilinx had a net margin of 25.93% and a return on equity of 25.17%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.61 EPS. research analysts expect that Xilinx, Inc. will post 2.59 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Shareholders of record on Wednesday, November 15th will be paid a $0.35 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.40 annualized dividend and a yield of 1.94%. Xilinx’s dividend payout ratio is presently 59.07%.
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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