NuWave Investment Management LLC Buys Shares of 1,511 Xilinx, Inc. (XLNX)
NuWave Investment Management LLC bought a new stake in shares of Xilinx, Inc. (NASDAQ:XLNX) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,511 shares of the programmable devices maker’s stock, valued at approximately $102,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. San Francisco Sentry Investment Group CA bought a new position in shares of Xilinx during the 3rd quarter valued at approximately $117,000. Cerebellum GP LLC bought a new position in shares of Xilinx during the 4th quarter valued at approximately $126,000. SeaCrest Wealth Management LLC bought a new position in shares of Xilinx during the 4th quarter valued at approximately $137,000. Sterling Capital Management LLC bought a new position in shares of Xilinx during the 2nd quarter valued at approximately $203,000. Finally, Parametrica Management Ltd bought a new position in shares of Xilinx during the 4th quarter valued at approximately $204,000. Hedge funds and other institutional investors own 93.07% of the company’s stock.
Shares of Xilinx, Inc. (XLNX) opened at $66.86 on Thursday. The company has a debt-to-equity ratio of 0.73, a current ratio of 9.08 and a quick ratio of 8.59. Xilinx, Inc. has a 52 week low of $54.99 and a 52 week high of $77.26. The firm has a market capitalization of $17,040.00, a price-to-earnings ratio of 35.19, a price-to-earnings-growth ratio of 3.37 and a beta of 1.13.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Shareholders of record on Wednesday, February 7th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, February 6th. This represents a $1.40 dividend on an annualized basis and a yield of 2.09%. Xilinx’s payout ratio is 73.68%.
In other Xilinx news, SVP Scott Hover-Smoot sold 4,300 shares of the stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $71.72, for a total value of $308,396.00. Following the sale, the senior vice president now owns 37,569 shares in the company, valued at $2,694,448.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Vincent Tong sold 19,687 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $73.52, for a total value of $1,447,388.24. Following the completion of the sale, the insider now owns 55,403 shares in the company, valued at approximately $4,073,228.56. The disclosure for this sale can be found here. In the last quarter, insiders sold 43,987 shares of company stock worth $3,271,984. Insiders own 0.40% of the company’s stock.
A number of research analysts have recently commented on XLNX shares. Goldman Sachs Group upgraded Xilinx from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Morgan Stanley increased their target price on Xilinx from $72.00 to $78.00 and gave the company an “overweight” rating in a research report on Wednesday, December 13th. BidaskClub downgraded Xilinx from a “hold” rating to a “sell” rating in a research report on Saturday, December 2nd. Deutsche Bank increased their target price on Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a research report on Thursday, October 26th. Finally, Barclays increased their target price on Xilinx from $65.00 to $67.00 and gave the company an “equal weight” rating in a research report on Thursday, October 26th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $73.45.
ILLEGAL ACTIVITY WARNING: This piece was reported by Watch List News and is owned by of Watch List News. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.watchlistnews.com/nuwave-investment-management-llc-buys-shares-of-1511-xilinx-inc-xlnx/1867547.html.
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.
Want to see what other hedge funds are holding XLNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xilinx, Inc. (NASDAQ:XLNX).
Receive News & Ratings for Xilinx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xilinx and related companies with MarketBeat.com's FREE daily email newsletter.