Marshall Wace LLP acquired a new stake in Xilinx, Inc. (NASDAQ:XLNX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 337,511 shares of the programmable devices maker’s stock, valued at approximately $22,026,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Squar Milner Financial Services LLC purchased a new stake in shares of Xilinx during the 2nd quarter valued at about $105,000. Itau Unibanco Holding S.A. acquired a new position in Xilinx during the second quarter valued at $123,000. ClariVest Asset Management LLC acquired a new position in Xilinx during the second quarter valued at $149,000. Piedmont Investment Advisors LLC acquired a new position in Xilinx during the second quarter valued at $187,000. Finally, Stephens Inc. AR raised its position in Xilinx by 105.6% during the second quarter. Stephens Inc. AR now owns 2,992 shares of the programmable devices maker’s stock valued at $195,000 after buying an additional 1,537 shares during the period. 87.43% of the stock is currently owned by institutional investors and hedge funds.

In related news, VP Catia Hagopian sold 1,000 shares of the stock in a transaction that occurred on Thursday, August 23rd. The stock was sold at an average price of $73.37, for a total transaction of $73,370.00. Following the completion of the sale, the vice president now owns 10,271 shares in the company, valued at approximately $753,583.27. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP William Christopher Madden sold 4,273 shares of the stock in a transaction that occurred on Monday, July 9th. The shares were sold at an average price of $67.31, for a total value of $287,615.63. Following the sale, the senior vice president now owns 7,101 shares of the company’s stock, valued at approximately $477,968.31. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,209 shares of company stock valued at $1,560,102. 0.16% of the stock is currently owned by corporate insiders.

Several research analysts recently weighed in on XLNX shares. JPMorgan Chase & Co. dropped their price target on Xilinx from $70.00 to $68.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 23rd. BidaskClub raised Xilinx from a “sell” rating to a “hold” rating in a research report on Wednesday, August 29th. Cowen initiated coverage on Xilinx in a research report on Friday, September 7th. They set a “market perform” rating and a $81.00 price target on the stock. KeyCorp boosted their target price on Xilinx from $80.00 to $87.00 and gave the company an “overweight” rating in a research note on Thursday, July 26th. Finally, ValuEngine upgraded Xilinx from a “hold” rating to a “buy” rating in a research note on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company. Xilinx has a consensus rating of “Buy” and a consensus target price of $78.47.

XLNX opened at $76.11 on Thursday. The stock has a market cap of $19.34 billion, a PE ratio of 26.89, a P/E/G ratio of 2.67 and a beta of 1.03. Xilinx, Inc. has a 52-week low of $62.27 and a 52-week high of $79.50. The company has a quick ratio of 4.11, a current ratio of 4.38 and a debt-to-equity ratio of 0.52.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings results on Wednesday, July 25th. The programmable devices maker reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. The company had revenue of $684.00 million during the quarter, compared to the consensus estimate of $674.46 million. Xilinx had a return on equity of 31.63% and a net margin of 20.52%. The firm’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.63 EPS. equities research analysts forecast that Xilinx, Inc. will post 3.01 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 28th. Stockholders of record on Wednesday, August 8th were paid a dividend of $0.36 per share. The ex-dividend date was Tuesday, August 7th. This represents a $1.44 annualized dividend and a dividend yield of 1.89%. Xilinx’s dividend payout ratio (DPR) is presently 50.88%.

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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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