Guggenheim Capital LLC raised its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 7.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 916,610 shares of the programmable devices maker’s stock after buying an additional 67,249 shares during the quarter. Guggenheim Capital LLC’s holdings in Xilinx were worth $61,799,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the company. Raging Capital Management LLC bought a new stake in shares of Xilinx in the 4th quarter worth approximately $10,046,000. Nomura Asset Management Co. Ltd. grew its position in shares of Xilinx by 4.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 39,730 shares of the programmable devices maker’s stock worth $2,679,000 after buying an additional 1,609 shares during the last quarter. Thrivent Financial For Lutherans grew its position in shares of Xilinx by 12.5% in the 4th quarter. Thrivent Financial For Lutherans now owns 393,807 shares of the programmable devices maker’s stock worth $26,551,000 after buying an additional 43,649 shares during the last quarter. Profund Advisors LLC grew its position in shares of Xilinx by 20.5% in the 4th quarter. Profund Advisors LLC now owns 75,418 shares of the programmable devices maker’s stock worth $5,085,000 after buying an additional 12,855 shares during the last quarter. Finally, MANA Advisors LLC bought a new stake in shares of Xilinx in the 4th quarter worth approximately $1,508,000. Hedge funds and other institutional investors own 91.67% of the company’s stock.
A number of equities research analysts have recently weighed in on XLNX shares. Mizuho reiterated a “buy” rating and issued a $74.00 price objective (up from $69.00) on shares of Xilinx in a research report on Thursday, January 25th. Goldman Sachs Group upgraded Xilinx from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Argus lifted their price target on Xilinx to $85.00 and gave the company a “buy” rating in a research report on Tuesday, January 9th. BidaskClub upgraded Xilinx from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. Finally, Barclays restated a “hold” rating and set a $70.00 price target on shares of Xilinx in a research report on Friday, January 19th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $73.45.
Xilinx, Inc. (NASDAQ:XLNX) opened at $76.14 on Wednesday. The stock has a market capitalization of $19,400.00, a price-to-earnings ratio of 30.33, a price-to-earnings-growth ratio of 4.12 and a beta of 1.11. Xilinx, Inc. has a one year low of $54.99 and a one year high of $78.02. The company has a debt-to-equity ratio of 0.73, a quick ratio of 8.59 and a current ratio of 9.08.
Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, January 24th. The programmable devices maker reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.58). The company had revenue of $631.00 million for the quarter, compared to analysts’ expectations of $630.00 million. Xilinx had a net margin of 20.20% and a return on equity of 27.61%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 EPS. equities research analysts forecast that Xilinx, Inc. will post 1.98 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Wednesday, February 7th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend was Tuesday, February 6th. Xilinx’s payout ratio is 55.78%.
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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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