Investors bought shares of Xilinx, Inc. (NASDAQ:XLNX) on weakness during trading on Tuesday. $98.69 million flowed into the stock on the tick-up and $70.31 million flowed out of the stock on the tick-down, for a money net flow of $28.38 million into the stock. Of all stocks tracked, Xilinx had the 25th highest net in-flow for the day. Xilinx traded down ($0.97) for the day and closed at $128.93

Several equities research analysts have weighed in on the company. Zacks Investment Research raised Xilinx from a “hold” rating to a “buy” rating and set a $145.00 target price on the stock in a research report on Thursday, April 4th. Nomura assumed coverage on Xilinx in a research report on Tuesday, April 2nd. They issued a “neutral” rating and a $115.00 target price on the stock. KeyCorp reaffirmed a “positive” rating and issued a $145.00 target price (up from $140.00) on shares of Xilinx in a research report on Tuesday, April 2nd. Mizuho increased their target price on Xilinx from $107.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, March 29th. Finally, Bank of America reaffirmed a “buy” rating and issued a $143.00 target price on shares of Xilinx in a research report on Monday, March 4th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $106.09.

The firm has a market cap of $33.31 billion, a PE ratio of 46.30, a P/E/G ratio of 2.77 and a beta of 1.18. The company has a quick ratio of 4.08, a current ratio of 4.38 and a debt-to-equity ratio of 0.46.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. DNB Asset Management AS increased its position in shares of Xilinx by 30.8% during the first quarter. DNB Asset Management AS now owns 38,675 shares of the programmable devices maker’s stock valued at $4,904,000 after purchasing an additional 9,109 shares during the period. Pacer Advisors Inc. grew its position in Xilinx by 35,757.6% in the first quarter. Pacer Advisors Inc. now owns 35,499 shares of the programmable devices maker’s stock valued at $4,500,000 after acquiring an additional 35,400 shares during the period. Dfpg Investments Inc. bought a new stake in Xilinx in the first quarter valued at $203,000. KAMES CAPITAL plc bought a new stake in Xilinx in the first quarter valued at $1,959,000. Finally, Hudson Valley Investment Advisors Inc. ADV boosted its stake in Xilinx by 3.9% in the first quarter. Hudson Valley Investment Advisors Inc. ADV now owns 35,289 shares of the programmable devices maker’s stock worth $4,474,000 after purchasing an additional 1,320 shares in the last quarter. 88.50% of the stock is currently owned by hedge funds and other institutional investors.

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About Xilinx (NASDAQ:XLNX)

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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