Shares of Xilinx, Inc. (NASDAQ:XLNX) have earned an average rating of “Hold” from the twenty-five analysts that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $73.16.

Several research analysts have recently commented on the company. Barclays reissued a “hold” rating and set a $70.00 price objective on shares of Xilinx in a report on Friday, January 19th. KeyCorp reissued an “overweight” rating and set a $87.00 price objective (up previously from $78.00) on shares of Xilinx in a report on Tuesday, January 23rd. Argus boosted their price objective on Xilinx to $85.00 and gave the stock a “buy” rating in a report on Tuesday, January 9th. BidaskClub raised Xilinx from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Finally, Mizuho reissued a “buy” rating and set a $74.00 price objective (up previously from $69.00) on shares of Xilinx in a report on Thursday, January 25th.

Shares of Xilinx (NASDAQ XLNX) traded up $1.32 during midday trading on Friday, hitting $68.29. The stock had a trading volume of 3,830,321 shares, compared to its average volume of 2,951,407. Xilinx has a 52 week low of $54.99 and a 52 week high of $77.26. The company has a quick ratio of 8.59, a current ratio of 9.08 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $16,800.00, a price-to-earnings ratio of 35.23, a price-to-earnings-growth ratio of 3.68 and a beta of 1.13.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, January 24th. The programmable devices maker reported $0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.58). Xilinx had a return on equity of 27.61% and a net margin of 20.20%. The business had revenue of $631.00 million for the quarter, compared to analysts’ expectations of $630.00 million. During the same period in the previous year, the firm posted $0.52 EPS. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. analysts anticipate that Xilinx will post 2.06 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Shareholders of record on Wednesday, February 7th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 2.05%. The ex-dividend date of this dividend is Tuesday, February 6th. Xilinx’s dividend payout ratio is currently 73.68%.

In other Xilinx news, Director Elizabeth W. Vanderslice sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $72.20, for a total value of $180,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Victor Peng sold 25,000 shares of the stock in a transaction that occurred 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 71,487 shares of company stock valued at $5,252,484. 0.40% of the stock is owned by insiders.

Large investors have recently added to or reduced their stakes in the company. Dempze Nancy E boosted its stake in shares of Xilinx by 14.3% during the third quarter. Dempze Nancy E now owns 13,483 shares of the programmable devices maker’s stock valued at $955,000 after purchasing an additional 1,685 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of Xilinx by 3.8% during 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 purchasing an additional 3,726 shares during the period. Norinchukin Bank The boosted its stake in shares of Xilinx by 168.5% during the third quarter. Norinchukin Bank The now owns 46,221 shares of the programmable devices maker’s stock valued at $3,274,000 after purchasing an additional 29,008 shares during the period. Marathon Asset Management LLP boosted its stake in shares of Xilinx by 2.7% during the fourth quarter. Marathon Asset Management LLP now owns 983,464 shares of the programmable devices maker’s stock valued at $66,305,000 after purchasing an additional 25,726 shares during the period. Finally, Fox Run Management L.L.C. boosted its stake in shares of Xilinx by 542.6% during the fourth quarter. Fox Run Management L.L.C. now owns 19,921 shares of the programmable devices maker’s stock valued at $1,343,000 after purchasing an additional 16,821 shares during the period. 93.41% of the stock is owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Xilinx (NASDAQ:XLNX)

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