Mn Services Vermogensbeheer B.V. Acquires 33,680 Shares of Xilinx, Inc. (NASDAQ:XLNX)
Mn Services Vermogensbeheer B.V. boosted its position in Xilinx, Inc. (NASDAQ:XLNX) by 500.1% during the second quarter, Holdings Channel reports. The fund owned 40,414 shares of the programmable devices maker’s stock after buying an additional 33,680 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Xilinx were worth $2,599,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the company. Rosenbaum Jay D. increased its position in Xilinx by 0.6% in the first quarter. Rosenbaum Jay D. now owns 23,270 shares of the programmable devices maker’s stock worth $1,348,000 after buying an additional 150 shares during the last quarter. Nationwide Fund Advisors increased its position in Xilinx by 86.1% in the first quarter. Nationwide Fund Advisors now owns 222,164 shares of the programmable devices maker’s stock worth $12,861,000 after buying an additional 102,779 shares during the last quarter. Perigon Wealth Management LLC increased its position in Xilinx by 1.1% in the fourth quarter. Perigon Wealth Management LLC now owns 101,132 shares of the programmable devices maker’s stock worth $5,940,000 after buying an additional 1,132 shares during the last quarter. Vanguard Group Inc. increased its position in Xilinx by 3.1% in the first quarter. Vanguard Group Inc. now owns 27,030,100 shares of the programmable devices maker’s stock worth $1,564,772,000 after buying an additional 812,627 shares during the last quarter. Finally, Searle & CO. purchased a new position in Xilinx during the fourth quarter worth about $543,000. 94.25% of the stock is currently owned by institutional investors and hedge funds.
Shares of Xilinx, Inc. (NASDAQ:XLNX) opened at 65.86 on Tuesday. Xilinx, Inc. has a 12-month low of $47.53 and a 12-month high of $68.68. The firm has a market capitalization of $16.34 billion, a price-to-earnings ratio of 28.39 and a beta of 1.10. The company’s 50-day moving average price is $65.80 and its 200 day moving average price is $60.77.
Xilinx (NASDAQ:XLNX) last posted its quarterly earnings data on Wednesday, April 26th. The programmable devices maker reported $0.57 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.03. The firm had revenue of $609.50 million during the quarter, compared to the consensus estimate of $605.25 million. Xilinx had a return on equity of 24.41% and a net margin of 26.50%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.54 EPS. On average, equities research analysts forecast that Xilinx, Inc. will post $2.49 EPS for the current fiscal year.
A number of equities analysts have recently issued reports on XLNX shares. Vetr raised Xilinx from a “hold” rating to a “buy” rating and set a $65.52 price target on the stock in a research report on Tuesday, May 2nd. Morgan Stanley increased their price target on Xilinx from $67.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, April 28th. Macquarie initiated coverage on Xilinx in a research report on Thursday, March 30th. They set a “neutral” rating and a $60.00 price target on the stock. Zacks Investment Research cut Xilinx from a “buy” rating to a “hold” rating in a research note on Tuesday, April 18th. Finally, Pacific Crest restated an “overweight” rating and set a $70.00 price objective on shares of Xilinx in a research note on Friday, May 19th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $62.92.
In other Xilinx news, insider Krishna Rangasayee sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $64.89, for a total transaction of $973,350.00. Following the completion of the sale, the insider now directly owns 15,555 shares of the company’s stock, valued at approximately $1,009,363.95. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Moshe Gavrielov sold 25,400 shares of the company’s stock in a transaction that occurred on Thursday, April 27th. The shares were sold at an average price of $64.08, for a total value of $1,627,632.00. Following the sale, the chief executive officer now directly owns 282,466 shares of the company’s stock, valued at $18,100,421.28. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 75,000 shares of company stock valued at $4,862,471. 0.40% of the stock is owned by company insiders.
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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