World Asset Management Inc lifted its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 4.4% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 17,935 shares of the programmable devices maker’s stock after buying an additional 760 shares during the period. World Asset Management Inc’s holdings in Xilinx were worth $2,274,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Legacy Bridge LLC acquired a new position in shares of Xilinx in the first quarter worth about $743,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of Xilinx by 12.4% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 118,063 shares of the programmable devices maker’s stock worth $14,969,000 after purchasing an additional 12,997 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Xilinx by 492.0% during the first quarter. Assenagon Asset Management S.A. now owns 306,532 shares of the programmable devices maker’s stock worth $38,865,000 after purchasing an additional 254,751 shares during the period. Budros Ruhlin & Roe Inc. acquired a new stake in shares of Xilinx during the first quarter worth approximately $549,000. Finally, Private Capital Group LLC boosted its holdings in shares of Xilinx by 87.3% during the first quarter. Private Capital Group LLC now owns 2,118 shares of the programmable devices maker’s stock worth $269,000 after purchasing an additional 987 shares during the period. 88.23% of the stock is currently owned by institutional investors and hedge funds.

In other news, SVP Mark Wadlington sold 2,241 shares of Xilinx stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $133.10, for a total value of $298,277.10. Following the transaction, the senior vice president now owns 1,834 shares of the company’s stock, valued at $244,105.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.16% of the company’s stock.

Several analysts recently commented on XLNX shares. Zacks Investment Research cut shares of Xilinx from a “buy” rating to a “hold” rating in a report on Monday, December 31st. Argus raised their price target on shares of Xilinx from $85.00 to $110.00 and gave the stock a “buy” rating in a report on Tuesday, January 8th. Evercore ISI raised their price target on shares of Xilinx from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, January 14th. Mizuho upgraded shares of Xilinx from a “neutral” rating to a “buy” rating and set a $100.00 price target for the company in a report on Thursday, January 17th. Finally, Barclays restated a “hold” rating and set a $90.00 price target on shares of Xilinx in a report on Friday, January 18th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. Xilinx currently has an average rating of “Buy” and an average target price of $115.96.

NASDAQ XLNX opened at $118.93 on Monday. The company has a quick ratio of 4.08, a current ratio of 8.19 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $30.11 billion, a price-to-earnings ratio of 34.18, a price-to-earnings-growth ratio of 2.52 and a beta of 1.18. Xilinx, Inc. has a 12-month low of $63.74 and a 12-month high of $141.60.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings results on Wednesday, April 24th. The programmable devices maker reported $0.94 EPS for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.02). Xilinx had a net margin of 29.09% and a return on equity of 34.72%. The firm had revenue of $828.36 million during the quarter, compared to the consensus estimate of $826.51 million. During the same period in the prior year, the business earned $0.75 EPS. The company’s revenue for the quarter was up 29.8% compared to the same quarter last year. As a group, analysts anticipate that Xilinx, Inc. will post 3.88 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Thursday, May 16th will be given a $0.37 dividend. This is a positive change from Xilinx’s previous quarterly dividend of $0.36. The ex-dividend date is Wednesday, May 15th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.24%. Xilinx’s dividend payout ratio (DPR) is currently 41.38%.

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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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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