Exxonmobil Investment Management Inc. TX cut its holdings in shares of Xilinx, Inc. (NASDAQ:XLNX) by 12.1% during the fourth quarter, HoldingsChannel reports. The firm owned 39,903 shares of the programmable devices maker’s stock after selling 5,495 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in Xilinx were worth $2,690,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Nordea Investment Management AB boosted its stake in shares of Xilinx by 1.2% during the second quarter. Nordea Investment Management AB now owns 11,622 shares of the programmable devices maker’s stock valued at $748,000 after purchasing an additional 135 shares in the last quarter. Sentry Investment Management LLC boosted its stake in shares of Xilinx by 0.8% during the second quarter. Sentry Investment Management LLC now owns 18,963 shares of the programmable devices maker’s stock valued at $1,220,000 after purchasing an additional 151 shares in the last quarter. Advisor Group Inc. boosted its stake in shares of Xilinx by 2.4% during the second quarter. Advisor Group Inc. now owns 10,389 shares of the programmable devices maker’s stock valued at $669,000 after purchasing an additional 239 shares in the last quarter. Advisory Services Network LLC boosted its stake in shares of Xilinx by 5.9% during the second quarter. Advisory Services Network LLC now owns 4,459 shares of the programmable devices maker’s stock valued at $287,000 after purchasing an additional 248 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in shares of Xilinx by 1.8% during the second quarter. Neuberger Berman Group LLC now owns 13,909 shares of the programmable devices maker’s stock valued at $895,000 after purchasing an additional 251 shares in the last quarter. Hedge funds and other institutional investors own 94.98% of the company’s stock.

A number of equities analysts have recently issued reports on the stock. Argus increased their price objective on shares of Xilinx to $85.00 and gave the company a “buy” rating in a research note on Tuesday, January 9th. BidaskClub upgraded shares of Xilinx from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Goldman Sachs Group upgraded shares of Xilinx from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Morgan Stanley increased their target price on shares of Xilinx from $72.00 to $78.00 and gave the company an “overweight” rating in a research report on Wednesday, December 13th. Finally, Zacks Investment Research cut shares of Xilinx from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $71.53.

In other Xilinx news, insider Victor Peng sold 25,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $72.00, for a total value of $1,800,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Moshe Gavrielov sold 1,400 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $73.38, for a total transaction of $102,732.00. Following the completion of the transaction, the chief executive officer now directly owns 111,413 shares of the company’s stock, valued at approximately $8,175,485.94. The disclosure for this sale can be found here. In the last ninety days, insiders sold 31,728 shares of company stock valued at $2,293,154. Corporate insiders own 0.40% of the company’s stock.

Shares of Xilinx, Inc. (XLNX) opened at $74.66 on Friday. Xilinx, Inc. has a 52-week low of $54.99 and a 52-week high of $75.29. 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 company has a market cap of $18,740.00, a P/E ratio of 31.50, a P/E/G ratio of 3.07 and a beta of 1.08.

Xilinx (NASDAQ:XLNX) last posted its earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 EPS for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.02. The company had revenue of $620.00 million during 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%. Xilinx’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 company posted $0.61 earnings per share. equities analysts forecast that Xilinx, Inc. will post 2.59 EPS for the current fiscal year.

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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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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