Amundi Pioneer Asset Management Inc. grew its stake in Xilinx, Inc. (NASDAQ:XLNX) by 27.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 467,503 shares of the programmable devices maker’s stock after buying an additional 100,202 shares during the quarter. Amundi Pioneer Asset Management Inc.’s holdings in Xilinx were worth $31,520,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the company. AXA boosted its holdings in shares of Xilinx by 680.6% in the fourth quarter. AXA now owns 942,838 shares of the programmable devices maker’s stock valued at $63,566,000 after buying an additional 822,054 shares during the period. Lombard Odier Asset Management USA Corp acquired a new position in shares of Xilinx in the fourth quarter valued at approximately $2,749,000. Polaris Greystone Financial Group LLC boosted its holdings in shares of Xilinx by 4.5% in the fourth quarter. Polaris Greystone Financial Group LLC now owns 285,577 shares of the programmable devices maker’s stock valued at $19,254,000 after buying an additional 12,296 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Xilinx by 3.7% in the fourth quarter. Geode Capital Management LLC now owns 3,026,464 shares of the programmable devices maker’s stock valued at $203,676,000 after buying an additional 106,582 shares during the period. Finally, Investec Asset Management LTD boosted its holdings in shares of Xilinx by 28.2% in the fourth quarter. Investec Asset Management LTD now owns 135,339 shares of the programmable devices maker’s stock valued at $9,125,000 after buying an additional 29,756 shares during the period. Institutional investors own 90.57% of the company’s stock.
Shares of Xilinx, Inc. (NASDAQ XLNX) opened at $76.20 on Friday. The company has a current ratio of 9.08, a quick ratio of 8.59 and a debt-to-equity ratio of 0.73. Xilinx, Inc. has a 1 year low of $54.99 and a 1 year high of $77.26. The stock has a market cap of $19,550.00, a price-to-earnings ratio of 30.36, a price-to-earnings-growth ratio of 4.09 and a beta of 1.11.
The company also recently declared a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Wednesday, February 7th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.84%. The ex-dividend date was Tuesday, February 6th. Xilinx’s dividend payout ratio (DPR) is currently 55.78%.
In other Xilinx news, insider Vincent Tong sold 19,687 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $73.52, for a total transaction of $1,447,388.24. Following the sale, the insider now directly owns 55,403 shares of the company’s stock, valued at $4,073,228.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Moshe Gavrielov sold 20,000 shares of the company’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $75.81, for a total transaction of $1,516,200.00. Following the sale, the chief executive officer now directly owns 62,813 shares in the company, valued at $4,761,853.53. The disclosure for this sale can be found here. Insiders have sold 43,987 shares of company stock worth $3,271,984 over the last ninety days. Insiders own 0.40% of the company’s stock.
Several research analysts have recently weighed in on the stock. Barclays reiterated a “hold” rating and issued a $70.00 price target on shares of Xilinx in a report on Friday, January 19th. KeyCorp reiterated an “overweight” rating and issued a $87.00 price target (up previously from $78.00) on shares of Xilinx in a report on Tuesday, January 23rd. Argus upped their price target on shares of Xilinx to $85.00 and gave the company a “buy” rating in a report on Tuesday, January 9th. BidaskClub upgraded shares of Xilinx from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Finally, SunTrust Banks upped their price target on shares of Xilinx to $79.00 and gave the company an “outperform” rating in a report on Thursday, January 25th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $73.45.
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.
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