Media stories about Xilinx (NASDAQ:XLNX) have been trending positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Xilinx earned a coverage optimism score of 3.00 on their scale. InfoTrie also assigned news articles about the programmable devices maker an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the immediate future.

Here are some of the media stories that may have effected Xilinx’s score:

XLNX stock traded down $0.31 during trading on Friday, hitting $96.23. 3,537,847 shares of the company traded hands, compared to its average volume of 2,634,484. Xilinx has a 1 year low of $79.22 and a 1 year high of $141.60. The company has a market cap of $23.61 billion, a PE ratio of 27.65, a P/E/G ratio of 2.33 and a beta of 1.23. The stock’s 50-day simple moving average is $92.94 and its 200 day simple moving average is $103.31. The company has a debt-to-equity ratio of 0.46, a current ratio of 6.44 and a quick ratio of 5.78.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, October 23rd. The programmable devices maker reported $0.94 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.02. The business had revenue of $833.00 million for the quarter, compared to analyst estimates of $823.63 million. Xilinx had a return on equity of 35.84% and a net margin of 28.76%. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.84 EPS. Research analysts expect that Xilinx will post 3.35 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Tuesday, November 12th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.54%. The ex-dividend date was Friday, November 8th. Xilinx’s dividend payout ratio is currently 42.53%.

Xilinx declared that its board has initiated a stock repurchase plan on Wednesday, October 23rd that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the programmable devices maker to repurchase up to 4.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

A number of research analysts have recently weighed in on XLNX shares. BMO Capital Markets cut their price objective on Xilinx to $100.00 and set a “market perform” rating on the stock in a report on Wednesday, October 23rd. Citigroup decreased their target price on Xilinx from $124.00 to $95.00 and set a “neutral” rating for the company in a report on Thursday, October 24th. Mizuho reaffirmed a “buy” rating and set a $115.00 target price (down previously from $125.00) on shares of Xilinx in a report on Sunday, November 24th. Bank of America lowered Xilinx from a “buy” rating to a “neutral” rating in a research report on Friday, September 20th. Finally, Robert W. Baird cut their price target on shares of Xilinx from $128.00 to $110.00 and set an “outperform” rating on the stock in a report on Monday, September 23rd. One equities research analyst has rated the stock with a sell rating, thirteen 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 $115.95.

In related news, Director Saar Gillai sold 3,400 shares of Xilinx stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $96.65, for a total value of $328,610.00. Following the completion of the transaction, the director now owns 7,712 shares in the company, valued at approximately $745,364.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Emre Onder sold 1,337 shares of the company’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $96.79, for a total value of $129,408.23. Following the completion of the transaction, the senior vice president now directly owns 4,340 shares of the company’s stock, valued at approximately $420,068.60. The disclosure for this sale can be found here. Corporate insiders own 0.19% of the company’s stock.

About Xilinx

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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