Madison Investment Holdings Inc. Sells 22,177 Shares of Xilinx, Inc. (XLNX)
Madison Investment Holdings Inc. lowered its holdings in Xilinx, Inc. (NASDAQ:XLNX) by 6.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 313,077 shares of the programmable devices maker’s stock after selling 22,177 shares during the period. Madison Investment Holdings Inc. owned approximately 0.12% of Xilinx worth $22,175,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in XLNX. Janus Henderson Group PLC increased its position in shares of Xilinx by 743.4% in the second quarter. Janus Henderson Group PLC now owns 7,287,938 shares of the programmable devices maker’s stock worth $468,770,000 after acquiring an additional 6,423,813 shares in the last quarter. American Century Companies Inc. increased its position in shares of Xilinx by 104.8% in the second quarter. American Century Companies Inc. now owns 3,134,197 shares of the programmable devices maker’s stock worth $201,592,000 after acquiring an additional 1,603,850 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Xilinx by 427.3% in the second quarter. Renaissance Technologies LLC now owns 1,520,605 shares of the programmable devices maker’s stock worth $97,805,000 after acquiring an additional 1,232,206 shares in the last quarter. Pictet Asset Management Ltd. increased its position in shares of Xilinx by 67.6% in the third quarter. Pictet Asset Management Ltd. now owns 2,301,908 shares of the programmable devices maker’s stock worth $163,044,000 after acquiring an additional 928,405 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Xilinx by 2.4% in the second quarter. Vanguard Group Inc. now owns 27,668,265 shares of the programmable devices maker’s stock worth $1,779,622,000 after acquiring an additional 638,165 shares in the last quarter. 95.23% of the stock is owned by institutional investors.
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Xilinx from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. KeyCorp set a $78.00 target price on shares of Xilinx and gave the company a “buy” rating in a research note on Wednesday, October 11th. BMO Capital Markets restated a “buy” rating and issued a $80.00 target price on shares of Xilinx in a research note on Wednesday, October 18th. MKM Partners upped their target price on shares of Xilinx from $63.00 to $78.00 and gave the company a “neutral” rating in a research note on Sunday, October 8th. Finally, SunTrust Banks restated a “hold” rating on shares of Xilinx in a research note on Wednesday, October 4th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $69.73.
Xilinx, Inc. (XLNX) opened at $68.54 on Monday. 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 cap of $17,200.32, a price-to-earnings ratio of 28.92, a price-to-earnings-growth ratio of 2.83 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, beating the Zacks’ consensus estimate of $0.63 by $0.02. Xilinx had a net margin of 25.93% and a return on equity of 25.17%. The firm had revenue of $620.00 million for the quarter, compared to the consensus estimate of $620.99 million. During the same period in the prior year, the firm posted $0.61 EPS. The firm’s revenue was up 7.1% compared to the same quarter last year. equities research analysts predict that Xilinx, Inc. will post 2.59 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 6th. Shareholders of record on Wednesday, November 15th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.04%. Xilinx’s dividend payout ratio (DPR) is 59.07%.
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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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