BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lowered its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 2.7% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 76,240 shares of the programmable devices maker’s stock after selling 2,139 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Xilinx were worth $5,400,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of XLNX. Bronfman E.L. Rothschild L.P. lifted its holdings in shares of Xilinx by 2.1% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,154 shares of the programmable devices maker’s stock valued at $267,000 after buying an additional 87 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Xilinx by 1.2% in the 2nd quarter. Nordea Investment Management AB now owns 11,622 shares of the programmable devices maker’s stock valued at $748,000 after buying an additional 135 shares during the period. Sentry Investment Management LLC lifted its holdings in shares of Xilinx by 0.8% in the 2nd quarter. Sentry Investment Management LLC now owns 18,963 shares of the programmable devices maker’s stock valued at $1,220,000 after buying an additional 151 shares during the period. Advisor Group Inc. lifted its holdings in shares of Xilinx by 2.4% in the 2nd quarter. Advisor Group Inc. now owns 10,389 shares of the programmable devices maker’s stock valued at $669,000 after buying an additional 239 shares during the period. Finally, Advisory Services Network LLC lifted its holdings in shares of Xilinx by 5.9% in the 2nd quarter. Advisory Services Network LLC now owns 4,459 shares of the programmable devices maker’s stock valued at $287,000 after buying an additional 248 shares during the period. 95.23% of the stock is owned by institutional investors.

In other Xilinx news, CEO Moshe Gavrielov sold 121,400 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $70.73, for a total transaction of $8,586,622.00. Following the completion of the sale, the chief executive officer now directly owns 164,304 shares in the company, valued at approximately $11,621,221.92. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Victor Peng sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $72.00, for a total value of $1,800,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 213,127 shares of company stock valued at $15,135,685. 0.40% of the stock is owned by company insiders.

Shares of Xilinx, Inc. (XLNX) opened at $68.03 on Thursday. Xilinx, Inc. has a 52 week low of $54.99 and a 52 week high of $75.14. The company has a current ratio of 9.86, a quick ratio of 9.35 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $17,160.16, a P/E ratio of 28.85, a price-to-earnings-growth ratio of 2.82 and a beta of 1.07.

Xilinx (NASDAQ:XLNX) last posted its quarterly earnings data on Wednesday, October 25th. The programmable devices maker reported $0.65 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.02. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The company had revenue of $620.00 million during the quarter, compared to analyst estimates of $620.99 million. During the same period in the previous year, the business earned $0.61 EPS. Xilinx’s quarterly revenue was up 7.1% on a year-over-year basis. equities analysts anticipate that Xilinx, Inc. will post 2.59 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Shareholders of record on Wednesday, November 15th were paid a dividend of $0.35 per share. The ex-dividend date was Tuesday, November 14th. This represents a $1.40 annualized dividend and a yield of 2.06%. Xilinx’s dividend payout ratio (DPR) is currently 59.07%.

Several equities analysts have recently issued reports on XLNX shares. Credit Suisse Group reissued an “outperform” rating on shares of Xilinx in a report on Thursday, August 31st. Deutsche Bank boosted their price objective on Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a report on Thursday, October 26th. Barclays boosted their price objective on Xilinx from $65.00 to $67.00 and gave the company an “equal weight” rating in a report on Thursday, October 26th. Zacks Investment Research cut Xilinx from a “buy” rating to a “hold” rating in a report on Monday, October 30th. Finally, KeyCorp set a $78.00 price target on Xilinx and gave the stock a “buy” rating in a report on Wednesday, October 11th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company’s stock. Xilinx presently has an average rating of “Hold” and an average price target of $70.05.

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Xilinx Company Profile

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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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