NumerixS Investment Technologies Inc Raises Holdings in Xilinx, Inc. (XLNX)
NumerixS Investment Technologies Inc raised its position in Xilinx, Inc. (NASDAQ:XLNX) by 104.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,195 shares of the programmable devices maker’s stock after buying an additional 2,145 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in Xilinx were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Squar Milner Financial Services LLC purchased a new stake in shares of Xilinx during the second quarter worth approximately $105,000. Massey Quick Simon & CO. LLC raised its stake in shares of Xilinx by 100.0% during the first quarter. Massey Quick Simon & CO. LLC now owns 1,944 shares of the programmable devices maker’s stock worth $140,000 after purchasing an additional 972 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new stake in shares of Xilinx during the second quarter worth approximately $187,000. E&G Advisors LP purchased a new stake in shares of Xilinx during the second quarter worth approximately $202,000. Finally, Pictet North America Advisors SA purchased a new stake in shares of Xilinx during the first quarter worth approximately $211,000. Institutional investors own 87.43% of the company’s stock.
Xilinx stock opened at $78.04 on Friday. The company has a current ratio of 4.38, a quick ratio of 4.11 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $19.93 billion, a price-to-earnings ratio of 26.99, a PEG ratio of 2.78 and a beta of 1.03. Xilinx, Inc. has a fifty-two week low of $62.27 and a fifty-two week high of $79.50.
The company also recently announced a quarterly dividend, which was paid on Tuesday, August 28th. Shareholders of record on Wednesday, August 8th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend was Tuesday, August 7th. Xilinx’s dividend payout ratio (DPR) is 50.88%.
Several equities research analysts have recently commented on XLNX shares. ValuEngine upgraded Xilinx from a “hold” rating to a “buy” rating in a research note on Thursday, July 26th. Rosenblatt Securities upgraded Xilinx from a “neutral” rating to a “buy” rating and set a $86.00 price target for the company in a research note on Thursday, July 26th. Bank of America upgraded Xilinx from an “underperform” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Thursday, July 26th. Zacks Investment Research upgraded Xilinx from a “hold” rating to a “buy” rating and set a $83.00 price target for the company in a research note on Friday, July 27th. Finally, SunTrust Banks upped their price target on Xilinx to $76.00 and gave the stock a “hold” rating in a research note on Thursday, July 26th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company’s stock. Xilinx has an average rating of “Buy” and an average price target of $78.47.
In related news, VP Catia Hagopian sold 1,000 shares of the stock in a transaction on Wednesday, August 29th. The stock was sold at an average price of $78.01, for a total transaction of $78,010.00. Following the sale, the vice president now owns 9,271 shares of the company’s stock, valued at $723,230.71. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Lorenzo Flores sold 7,500 shares of the stock in a transaction on Tuesday, August 14th. The shares were sold at an average price of $71.33, for a total value of $534,975.00. Following the sale, the chief financial officer now directly owns 34,381 shares in the company, valued at approximately $2,452,396.73. The disclosure for this sale can be found here. Insiders sold 22,209 shares of company stock worth $1,560,102 in the last three months. 0.16% of the stock is owned by corporate insiders.
Xilinx, Inc designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; adaptive compute acceleration platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP) core licenses covering Ethernet, memory controllers, Interlaken, and peripheral component interconnect express interfaces, as well as domain-specific IP in the areas of embedded, digital signal processing and connectivity, and market-specific IP cores.
Featured Article: Index Funds
Want to see what other hedge funds are holding XLNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xilinx, Inc. (NASDAQ:XLNX).
Receive News & Ratings for Xilinx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xilinx and related companies with MarketBeat.com's FREE daily email newsletter.