DekaBank Deutsche Girozentrale increased its stake in shares of Xilinx, Inc. (NASDAQ:XLNX) by 14.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 238,799 shares of the programmable devices maker’s stock after acquiring an additional 29,892 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.10% of Xilinx worth $14,986,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Notis McConarty Edward boosted its position in shares of Xilinx by 0.3% during the second quarter. Notis McConarty Edward now owns 20,655 shares of the programmable devices maker’s stock worth $1,328,000 after acquiring an additional 60 shares during the last quarter. Seaward Management Limited Partnership boosted its position in shares of Xilinx by 2.1% during the second quarter. Seaward Management Limited Partnership now owns 4,053 shares of the programmable devices maker’s stock worth $260,000 after acquiring an additional 83 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its position in shares of Xilinx by 2.1% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,154 shares of the programmable devices maker’s stock worth $267,000 after acquiring an additional 87 shares during the last quarter. ING Groep NV boosted its position in shares of Xilinx by 0.3% during the second quarter. ING Groep NV now owns 30,682 shares of the programmable devices maker’s stock worth $1,973,000 after acquiring an additional 93 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its position in shares of Xilinx by 0.7% during the second quarter. Louisiana State Employees Retirement System now owns 15,400 shares of the programmable devices maker’s stock worth $991,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 96.11% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first published by Daily Political and is the property of of Daily Political. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/11/16/dekabank-deutsche-girozentrale-raises-position-in-xilinx-inc-xlnx.html.

Several equities analysts have commented on the stock. Zacks Investment Research upgraded shares of Xilinx from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research report on Friday, October 27th. MKM Partners increased their price objective on shares of Xilinx from $63.00 to $78.00 and gave the company a “neutral” rating in a research report on Sunday, October 8th. Credit Suisse Group set a $75.00 price objective on shares of Xilinx and gave the company a “buy” rating in a research report on Thursday, July 27th. Barclays PLC set a $65.00 price objective on shares of Xilinx and gave the company a “hold” rating in a research report on Thursday, July 27th. Finally, BidaskClub lowered shares of Xilinx from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $69.73.

Shares of Xilinx, Inc. (NASDAQ:XLNX) traded down $1.11 on Thursday, reaching $70.94. 1,123,300 shares of the company’s stock traded hands, compared to its average volume of 2,675,881. Xilinx, Inc. has a 52 week low of $52.54 and a 52 week high of $75.14. The company has a debt-to-equity ratio of 0.70, a quick ratio of 9.35 and a current ratio of 9.86. The firm has a market cap of $18,081.16, a PE ratio of 30.40, a PEG ratio of 2.98 and a beta of 1.10.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.02. The firm had revenue of $620.00 million for the quarter, compared to analysts’ expectations of $620.99 million. Xilinx had a net margin of 25.93% and a return on equity of 25.17%. The company’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 EPS. sell-side analysts predict that Xilinx, Inc. will post 2.59 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.35 per share. The ex-dividend date is Tuesday, November 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.97%. Xilinx’s payout ratio is 59.07%.

In related news, CEO Moshe Gavrielov sold 25,000 shares of the business’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $69.76, for a total value of $1,744,000.00. Following the sale, the chief executive officer now directly owns 270,856 shares in the company, valued at approximately $18,894,914.56. The sale was disclosed in a legal filing 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 dated Tuesday, November 7th. The shares were 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 owns 28,313 shares in the company, valued at $2,101,673.99. The disclosure for this sale can be found here. In the last three months, insiders have sold 185,627 shares of company stock worth $13,155,185. Corporate insiders own 0.40% of the company’s stock.

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)

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.