Oakbrook Investments LLC acquired a new position in shares of Xilinx, Inc. (NASDAQ:XLNX) in the fourth quarter, HoldingsChannel reports. The firm acquired 12,110 shares of the programmable devices maker’s stock, valued at approximately $816,000.

Several other hedge funds and other institutional investors also recently modified their holdings of XLNX. Dempze Nancy E raised its stake in Xilinx by 14.3% in the third quarter. Dempze Nancy E now owns 13,483 shares of the programmable devices maker’s stock valued at $955,000 after buying an additional 1,685 shares during the last quarter. Advisors Asset Management Inc. raised its stake in Xilinx by 3.8% in the third quarter. Advisors Asset Management Inc. now owns 101,921 shares of the programmable devices maker’s stock valued at $7,219,000 after buying an additional 3,726 shares during the last quarter. Norinchukin Bank The raised its stake in Xilinx by 168.5% in the third quarter. Norinchukin Bank The now owns 46,221 shares of the programmable devices maker’s stock valued at $3,274,000 after buying an additional 29,008 shares during the last quarter. California Public Employees Retirement System raised its stake in Xilinx by 1.4% in the second quarter. California Public Employees Retirement System now owns 613,012 shares of the programmable devices maker’s stock valued at $39,429,000 after buying an additional 8,400 shares during the last quarter. Finally, Nomura Holdings Inc. raised its stake in Xilinx by 559.0% in the second quarter. Nomura Holdings Inc. now owns 26,624 shares of the programmable devices maker’s stock valued at $1,713,000 after buying an additional 22,584 shares during the last quarter. Hedge funds and other institutional investors own 94.96% of the company’s stock.

A number of equities research analysts have commented on XLNX shares. Goldman Sachs Group upgraded Xilinx from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. BidaskClub upgraded Xilinx from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Zacks Investment Research upgraded Xilinx from a “hold” rating to a “buy” rating and set a $79.00 price target for the company in a research note on Friday, October 27th. MKM Partners increased their price target on Xilinx from $63.00 to $78.00 and gave the company a “neutral” rating in a research note on Sunday, October 8th. Finally, KeyCorp set a $78.00 price target on Xilinx and gave the company a “buy” rating in a research note on Wednesday, October 11th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $71.70.

In related news, Director Elizabeth W. Vanderslice sold 2,500 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $72.20, for a total transaction of $180,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Moshe Gavrielov sold 1,400 shares of the firm’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $73.38, for a total value of $102,732.00. Following the sale, the chief executive officer now directly owns 111,413 shares in the company, valued at $8,175,485.94. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 51,728 shares of company stock valued at $3,809,354. Company insiders own 0.40% of the company’s stock.

Xilinx, Inc. (NASDAQ:XLNX) opened at $75.71 on Monday. Xilinx, Inc. has a 12 month low of $54.99 and a 12 month high of $77.26. The stock has a market capitalization of $18,999.65, a PE ratio of 31.95, a PEG ratio of 3.13 and a beta of 1.08. The company has a quick ratio of 9.35, a current ratio of 9.86 and a debt-to-equity ratio of 0.70.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share (EPS) for the quarter, topping the 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 firm had revenue of $620.00 million during the quarter, compared to analysts’ expectations of $620.99 million. During the same period last year, the business posted $0.61 earnings per share. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. research analysts anticipate that Xilinx, Inc. will post 2.59 EPS for the current year.

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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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