Oppenheimer Asset Management Inc. trimmed its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 14.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,985 shares of the programmable devices maker’s stock after selling 2,362 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Xilinx were worth $990,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of XLNX. Acrospire Investment Management LLC purchased a new stake in shares of Xilinx during the 2nd quarter worth approximately $103,000. Sun Life Financial INC raised its holdings 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 acquiring an additional 1,798 shares in the last quarter. San Francisco Sentry Investment Group CA purchased a new stake in shares of Xilinx during the 3rd quarter worth approximately $117,000. Northwestern Mutual Wealth Management Co. raised its holdings 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 acquiring an additional 936 shares in the last quarter. Finally, Comerica Securities Inc. purchased a new stake in shares of Xilinx during the 2nd quarter worth approximately $202,000. 95.23% of the stock is currently owned by institutional investors and hedge funds.

Shares of Xilinx, Inc. (NASDAQ XLNX) opened at $68.07 on Friday. Xilinx, Inc. has a twelve month low of $54.99 and a twelve month high of $75.14. The firm has a market capitalization of $17,072.33, a price-to-earnings ratio of 28.70, a P/E/G ratio of 2.81 and a beta of 1.07. 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 (NASDAQ:XLNX) last released its quarterly earnings results 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. 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 quarter in the prior year, the firm posted $0.61 EPS. Xilinx’s quarterly revenue was up 7.1% compared to the same quarter last year. equities analysts forecast that Xilinx, Inc. will post 2.59 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 6th. Shareholders of record on Wednesday, November 15th were paid a $0.35 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $1.40 dividend on an annualized basis and a yield of 2.06%. Xilinx’s payout ratio is 59.07%.

In other Xilinx news, insider Victor Peng sold 25,000 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $72.00, for a total value of $1,800,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Elizabeth W. Vanderslice sold 2,500 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $72.20, for a total value of $180,500.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 213,127 shares of company stock worth $15,135,685. Insiders own 0.40% of the company’s stock.

Several analysts have recently issued reports on the company. BMO Capital Markets reaffirmed a “buy” rating and set a $80.00 price objective on shares of Xilinx in a report on Wednesday, October 18th. Robert W. Baird reaffirmed a “hold” rating and set a $68.00 price objective on shares of Xilinx in a report on Friday, October 27th. Barclays upped their price objective on Xilinx from $65.00 to $67.00 and gave the stock an “equal weight” rating in a report on Thursday, October 26th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Xilinx in a report on Thursday, August 31st. Finally, BidaskClub cut Xilinx from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $70.05.

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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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