Achmea Investment Management B.V. trimmed its position in Xilinx, Inc. (NASDAQ:XLNX) by 14.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,382 shares of the programmable devices maker’s stock after selling 4,747 shares during the quarter. Achmea Investment Management B.V.’s holdings in Xilinx were worth $1,938,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of XLNX. Acrospire Investment Management LLC purchased a new stake in shares of Xilinx in the 2nd quarter worth $103,000. Sun Life Financial INC lifted its stake in shares of 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 worth $116,000 after purchasing an additional 1,798 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake 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 last quarter. Comerica Securities Inc. purchased a new stake in shares of Xilinx during the 2nd quarter worth $202,000. Finally, Sterling Capital Management LLC purchased a new stake in shares of Xilinx during the 2nd quarter worth $203,000. Institutional investors and hedge funds own 95.22% of the company’s stock.

Xilinx, Inc. (NASDAQ XLNX) opened at $69.38 on Thursday. Xilinx, Inc. has a 1 year low of $52.54 and a 1 year high of $75.14. The stock has a market capitalization of $18,111.27, a PE ratio of 30.45, a P/E/G ratio of 2.98 and a beta of 1.10. The company has a debt-to-equity ratio of 0.70, a quick ratio of 9.35 and a current ratio of 9.86.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Tuesday, November 14th. Xilinx’s dividend payout ratio is currently 59.07%.

A number of equities research analysts recently weighed in on XLNX shares. Credit Suisse Group restated an “outperform” rating on shares of Xilinx in a research note on Thursday, August 31st. Deutsche Bank upped their price objective on Xilinx from $63.00 to $65.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. MKM Partners upped their price objective on Xilinx from $63.00 to $78.00 and gave the stock a “neutral” rating in a research note on Sunday, October 8th. Zacks Investment Research upgraded Xilinx from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research note on Friday, October 27th. Finally, BMO Capital Markets restated a “buy” rating and set a $80.00 price objective on shares of Xilinx in a research note on Wednesday, October 18th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $69.73.

In related news, CFO Lorenzo Flores sold 2,828 shares of the company’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $74.23, for a total transaction of $209,922.44. Following the transaction, the chief financial officer now directly owns 28,313 shares of the company’s stock, valued at approximately $2,101,673.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Moshe Gavrielov sold 25,000 shares of the company’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 transaction, the chief executive officer now directly owns 270,856 shares in the company, valued at $18,894,914.56. The disclosure for this sale can be found here. Insiders have sold a total of 213,127 shares of company stock worth $15,135,685 over the last ninety days. 0.40% of the stock is currently owned by corporate insiders.

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About Xilinx

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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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