Trillium Asset Management LLC Sells 678 Shares of Xilinx, Inc. (XLNX)
Trillium Asset Management LLC lowered its position in Xilinx, Inc. (NASDAQ:XLNX) by 0.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 128,042 shares of the programmable devices maker’s stock after selling 678 shares during the quarter. Trillium Asset Management LLC owned about 0.05% of Xilinx worth $10,265,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. grew its holdings in Xilinx by 5.5% during the 2nd quarter. BlackRock Inc. now owns 18,959,931 shares of the programmable devices maker’s stock valued at $1,237,325,000 after buying an additional 990,937 shares in the last quarter. Alliancebernstein L.P. grew its holdings in Xilinx by 8.8% during the 3rd quarter. Alliancebernstein L.P. now owns 8,916,616 shares of the programmable devices maker’s stock valued at $714,845,000 after buying an additional 720,829 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in Xilinx by 1.7% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,927,502 shares of the programmable devices maker’s stock valued at $321,569,000 after buying an additional 82,236 shares in the last quarter. American Century Companies Inc. grew its holdings in Xilinx by 19.2% during the 2nd quarter. American Century Companies Inc. now owns 2,579,054 shares of the programmable devices maker’s stock valued at $168,309,000 after buying an additional 416,092 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Xilinx by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,997,073 shares of the programmable devices maker’s stock valued at $130,329,000 after buying an additional 27,646 shares in the last quarter. 88.38% of the stock is owned by institutional investors.
A number of research firms have weighed in on XLNX. ValuEngine raised Xilinx from a “hold” rating to a “buy” rating in a report on Thursday, July 26th. BidaskClub raised Xilinx from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Rosenblatt Securities raised Xilinx from a “neutral” rating to a “buy” rating and set a $86.00 target price for the company in a report on Thursday, July 26th. KeyCorp lifted their target price on Xilinx from $80.00 to $87.00 and gave the company an “overweight” rating in a report on Thursday, July 26th. Finally, SunTrust Banks lifted their target price on Xilinx to $76.00 and gave the company a “hold” rating in a report on Thursday, July 26th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $82.50.
XLNX opened at $87.92 on Tuesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 4.00 and a current ratio of 4.26. Xilinx, Inc. has a 52-week low of $62.27 and a 52-week high of $91.17. The company has a market cap of $22.91 billion, a PE ratio of 31.07, a price-to-earnings-growth ratio of 2.90 and a beta of 0.86.
Xilinx (NASDAQ:XLNX) last posted its earnings results on Wednesday, October 24th. The programmable devices maker reported $0.87 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.76 by $0.11. Xilinx had a return on equity of 34.05% and a net margin of 21.33%. The firm had revenue of $746.25 million for the quarter, compared to analysts’ expectations of $710.33 million. As a group, equities analysts anticipate that Xilinx, Inc. will post 3.29 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 4th. Stockholders of record on Tuesday, November 13th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, November 9th. This represents a $1.44 annualized dividend and a dividend yield of 1.64%. Xilinx’s dividend payout ratio (DPR) is presently 50.88%.
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Xilinx Company Profile
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.
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