Tibra Equities Europe Ltd purchased a new stake in shares of Xilinx, Inc. (NASDAQ:XLNX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 95,500 shares of the programmable devices maker’s stock, valued at approximately $12,108,000. Xilinx accounts for 1.2% of Tibra Equities Europe Ltd’s holdings, making the stock its 18th biggest position.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Dorsey Wright & Associates bought a new position in shares of Xilinx in the first quarter valued at approximately $4,637,000. First Hawaiian Bank boosted its position in shares of Xilinx by 47.7% in the first quarter. First Hawaiian Bank now owns 16,276 shares of the programmable devices maker’s stock valued at $2,064,000 after acquiring an additional 5,260 shares during the period. Liberty Wealth Management LLC bought a new position in shares of Xilinx in the fourth quarter valued at approximately $378,000. Machina Capital S.A.S. purchased a new stake in Xilinx in the fourth quarter valued at approximately $534,000. Finally, Occidental Asset Management LLC purchased a new stake in Xilinx in the fourth quarter valued at approximately $224,000. Institutional investors own 88.23% of the company’s stock.
A number of brokerages recently weighed in on XLNX. Zacks Investment Research downgraded shares of Xilinx from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 26th. Goldman Sachs Group downgraded shares of Xilinx from a “buy” rating to a “neutral” rating and set a $122.00 target price on the stock. in a research note on Thursday. MKM Partners raised their target price on shares of Xilinx to $120.00 and gave the company a “neutral” rating in a research note on Thursday. Credit Suisse Group raised their target price on shares of Xilinx from $110.00 to $135.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Deutsche Bank lowered their target price on shares of Xilinx from $125.00 to $120.00 and set a “hold” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. Xilinx has a consensus rating of “Buy” and a consensus target price of $115.96.
Shares of Xilinx stock opened at $118.93 on Friday. The company has a current ratio of 4.38, a quick ratio of 4.08 and a debt-to-equity ratio of 0.46. Xilinx, Inc. has a 52-week low of $63.74 and a 52-week high of $141.60. The company has a market capitalization of $30.11 billion, a PE ratio of 42.02, a PEG ratio of 2.94 and a beta of 1.18.
Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, April 24th. The programmable devices maker reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.02). Xilinx had a return on equity of 34.82% and a net margin of 27.92%. The firm had revenue of $828.36 million during the quarter, compared to the consensus estimate of $826.51 million. During the same quarter in the prior year, the business posted $0.75 EPS. The firm’s revenue for the quarter was up 29.8% on a year-over-year basis. As a group, analysts predict that Xilinx, Inc. will post 3.49 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, May 16th will be issued a $0.37 dividend. The ex-dividend date is Wednesday, May 15th. This represents a $1.48 annualized dividend and a yield of 1.24%. This is a boost from Xilinx’s previous quarterly dividend of $0.36. Xilinx’s payout ratio is 50.88%.
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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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