Liberty Wealth Management LLC increased its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 7.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,784 shares of the programmable devices maker’s stock after purchasing an additional 339 shares during the quarter. Liberty Wealth Management LLC’s holdings in Xilinx were worth $606,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its position in 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 increased its position in 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. Norges Bank acquired a new stake in Xilinx during the 4th quarter valued at approximately $210,563,000. Bank of New York Mellon Corp increased its position in Xilinx by 115.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,309,431 shares of the programmable devices maker’s stock valued at $345,488,000 after purchasing an additional 2,312,358 shares during the period. Finally, 1832 Asset Management L.P. grew its position in shares of Xilinx by 1,478.9% during the 4th quarter. 1832 Asset Management L.P. now owns 1,127,300 shares of the programmable devices maker’s stock worth $94,468,000 after buying an additional 1,055,900 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.
NASDAQ:XLNX traded up $0.22 during mid-day trading on Friday, reaching $116.92. The stock had a trading volume of 3,762,460 shares, compared to its average volume of 5,242,645. 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, Inc. has a one year low of $64.15 and a one year high of $141.60. The company has a market capitalization of $29.54 billion, a price-to-earnings ratio of 33.60, a PEG ratio of 2.51 and a beta of 1.12.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, May 16th will be given a $0.37 dividend. The ex-dividend date is Wednesday, May 15th. This represents a $1.48 annualized dividend and a yield of 1.27%. This is an increase from Xilinx’s previous quarterly dividend of $0.36. Xilinx’s payout ratio is presently 41.38%.
XLNX has been the subject of several recent analyst reports. SunTrust Banks raised their price objective on shares of Xilinx to $102.00 and gave the stock a “hold” rating in a research report on Thursday, January 24th. BMO Capital Markets downgraded shares of Xilinx from an “outperform” rating to a “market perform” rating and lifted their price target for the company from $100.00 to $125.00 in a research report on Monday, March 4th. Deutsche Bank lifted their price target on shares of Xilinx from $90.00 to $125.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. Bank of America reissued a “buy” rating and issued a $143.00 price target on shares of Xilinx in a research report on Friday, May 3rd. Finally, Cowen reissued a “market perform” rating and issued a $105.00 price target (up previously from $81.00) on shares of Xilinx in a research report on Thursday, January 24th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $115.96.
In other Xilinx news, SVP Mark Wadlington sold 2,241 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The stock was 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 in the company, valued at $244,105.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.16% of the company’s stock.
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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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