Machina Capital S.A.S. Invests $534,000 in Xilinx, Inc. (XLNX)

Machina Capital S.A.S. purchased a new stake in Xilinx, Inc. (NASDAQ:XLNX) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,265 shares of the programmable devices maker’s stock, valued at approximately $534,000.

Other hedge funds have also added to or reduced their stakes in the company. Occidental Asset Management LLC bought a new position in Xilinx during the 4th quarter worth approximately $224,000. MUFG Securities EMEA plc raised its holdings in Xilinx by 2,591.1% during the 4th quarter. MUFG Securities EMEA plc now owns 184,500 shares of the programmable devices maker’s stock worth $15,714,000 after purchasing an additional 177,644 shares during the last quarter. Norges Bank bought a new position in Xilinx during the 4th quarter worth approximately $210,563,000. Teacher Retirement System of Texas raised its holdings in Xilinx by 270.2% during the 4th quarter. Teacher Retirement System of Texas now owns 110,407 shares of the programmable devices maker’s stock worth $9,403,000 after purchasing an additional 80,585 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its holdings in Xilinx by 4.3% during the 4th quarter. Coldstream Capital Management Inc. now owns 14,083 shares of the programmable devices maker’s stock worth $1,199,000 after purchasing an additional 585 shares during the last quarter. Institutional investors and hedge funds own 88.55% of the company’s stock.

In related news, SVP Mark Wadlington sold 2,241 shares of Xilinx stock in a transaction 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 completion of the sale, the senior vice president now owns 1,834 shares of the company’s stock, valued at approximately $244,105.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.16% of the company’s stock.

NASDAQ XLNX traded up $2.57 during mid-day trading on Wednesday, hitting $139.72. The company’s stock had a trading volume of 6,304,911 shares, compared to its average volume of 3,665,289. Xilinx, Inc. has a twelve month low of $62.54 and a twelve month high of $141.60. The company has a current ratio of 4.38, a quick ratio of 4.08 and a debt-to-equity ratio of 0.46. The company has a market cap of $34.97 billion, a P/E ratio of 49.37, a PEG ratio of 2.89 and a beta of 1.18.

Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, January 23rd. The programmable devices maker reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.07. Xilinx had a net margin of 27.92% and a return on equity of 34.82%. The business had revenue of $800.00 million during the quarter, compared to the consensus estimate of $770.65 million. During the same quarter last year, the firm posted $0.68 EPS. Xilinx’s revenue was up 33.6% compared to the same quarter last year. Sell-side analysts predict that Xilinx, Inc. will post 3.49 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, May 16th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.06%. This is an increase from Xilinx’s previous quarterly dividend of $0.36. Xilinx’s dividend payout ratio (DPR) is presently 50.88%.

Several research analysts have issued reports on XLNX shares. 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. Argus upgraded shares of Xilinx to a “buy” rating in a report on Wednesday, January 9th. Jefferies Financial Group raised their price target on shares of Xilinx to $105.00 and gave the stock a “buy” rating in a report on Thursday, January 24th. Needham & Company LLC restated a “buy” rating and set a $110.00 price target (up previously from $100.00) on shares of Xilinx in a report on Thursday, January 24th. Finally, Goldman Sachs Group lowered shares of Xilinx from a “conviction-buy” rating to a “buy” rating in a report on Monday, February 4th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $110.13.

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Xilinx 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.

Read More: Price to Earnings Ratio (PE)

Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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