Shell Asset Management Co. trimmed its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 4.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,912 shares of the programmable devices maker’s stock after selling 1,518 shares during the period. Shell Asset Management Co.’s holdings in Xilinx were worth $3,919,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund raised its position in shares of Xilinx by 12,987.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 7,595,886 shares of the programmable devices maker’s stock valued at $89,000 after purchasing an additional 7,537,845 shares during the period. FMR LLC raised its position in shares of Xilinx by 629.8% during the 4th quarter. FMR LLC now owns 4,579,088 shares of the programmable devices maker’s stock valued at $390,001,000 after purchasing an additional 3,951,683 shares during the period. Bank of New York Mellon Corp raised its position in shares of Xilinx by 2.7% during the 4th quarter. Bank of New York Mellon Corp now owns 4,425,463 shares of the programmable devices maker’s stock valued at $376,918,000 after purchasing an additional 116,032 shares during the period. Geode Capital Management LLC raised its position in shares of Xilinx by 13.2% during the 4th quarter. Geode Capital Management LLC now owns 3,888,197 shares of the programmable devices maker’s stock valued at $330,672,000 after purchasing an additional 453,619 shares during the period. Finally, Northern Trust Corp raised its position in shares of Xilinx by 5.3% during the 4th quarter. Northern Trust Corp now owns 3,385,100 shares of the programmable devices maker’s stock valued at $288,308,000 after purchasing an additional 170,504 shares during the period. Hedge funds and other institutional investors own 86.02% of the company’s stock.

In other Xilinx news, EVP William Christopher Madden sold 435 shares of Xilinx stock in a transaction on Friday, May 17th. The shares were sold at an average price of $105.69, for a total value of $45,975.15. Following the completion of the transaction, the executive vice president now directly owns 4,809 shares of the company’s stock, valued at approximately $508,263.21. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Elizabeth W. Vanderslice sold 2,000 shares of Xilinx stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $101.50, for a total transaction of $203,000.00. The disclosure for this sale can be found here. Insiders sold a total of 4,676 shares of company stock valued at $547,252 over the last three months. Corporate insiders own 0.16% of the company’s stock.

Several equities analysts recently weighed in on the stock. Argus raised their target price on shares of Xilinx to $130.00 and gave the company a “buy” rating in a research note on Friday, January 25th. Zacks Investment Research raised shares of Xilinx from a “hold” rating to a “strong-buy” rating and set a $103.00 target price for the company in a research note on Saturday, January 26th. Goldman Sachs Group cut shares of Xilinx from a “conviction-buy” rating to a “buy” rating in a research note on Monday, February 4th. ValuEngine raised shares of Xilinx from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 4th. Finally, Robert W. Baird raised their target price on shares of Xilinx from $105.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, February 22nd. Twelve research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $117.68.

Shares of NASDAQ:XLNX opened at $101.21 on Friday. Xilinx, Inc. has a 52 week low of $64.15 and a 52 week high of $141.60. The firm has a market capitalization of $25.70 billion, a price-to-earnings ratio of 29.08, a price-to-earnings-growth ratio of 2.22 and a beta of 1.12. The company has a debt-to-equity ratio of 0.43, a current ratio of 8.19 and a quick ratio of 7.53.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, April 24th. The programmable devices maker reported $0.94 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.02). Xilinx had a return on equity of 34.72% and a net margin of 29.09%. The business had revenue of $828.36 million during the quarter, compared to analysts’ expectations of $826.51 million. During the same period in the previous year, the business earned $0.75 earnings per share. The business’s quarterly revenue was up 29.8% on a year-over-year basis. As a group, research analysts expect that Xilinx, Inc. will post 3.96 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, May 16th will be paid a $0.37 dividend. This is a boost from Xilinx’s previous quarterly dividend of $0.36. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Wednesday, May 15th. Xilinx’s dividend payout ratio (DPR) is presently 42.53%.

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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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