Seaward Management Limited Partnership increased its position in Xilinx, Inc. (NASDAQ:XLNX) by 2.1% during the second quarter, Holdings Channel reports. The institutional investor owned 4,053 shares of the programmable devices maker’s stock after buying an additional 83 shares during the period. Seaward Management Limited Partnership’s holdings in Xilinx were worth $260,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. TrimTabs Asset Management LLC boosted its stake in shares of Xilinx by 88.9% in the first quarter. TrimTabs Asset Management LLC now owns 1,989 shares of the programmable devices maker’s stock worth $115,000 after buying an additional 936 shares during the period. Whittier Trust Co. boosted its stake in shares of Xilinx by 16.8% in the first quarter. Whittier Trust Co. now owns 2,683 shares of the programmable devices maker’s stock worth $155,000 after buying an additional 386 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in shares of Xilinx by 9,866.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 2,691 shares of the programmable devices maker’s stock worth $156,000 after buying an additional 2,664 shares during the period. First Mercantile Trust Co. boosted its stake in shares of Xilinx by 12.0% in the first quarter. First Mercantile Trust Co. now owns 3,013 shares of the programmable devices maker’s stock worth $174,000 after buying an additional 324 shares during the period. Finally, Huntington National Bank boosted its stake in shares of Xilinx by 217.1% in the second quarter. Huntington National Bank now owns 2,794 shares of the programmable devices maker’s stock worth $180,000 after buying an additional 1,913 shares during the period. Institutional investors own 94.61% of the company’s stock.

Xilinx, Inc. (XLNX) opened at 62.74 on Thursday. The stock has a market cap of $15.60 billion, a price-to-earnings ratio of 26.81 and a beta of 1.09. Xilinx, Inc. has a 1-year low of $48.75 and a 1-year high of $68.68. The stock has a 50 day moving average of $65.04 and a 200 day moving average of $61.94.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.03. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. The firm had revenue of $615.40 million during the quarter, compared to the consensus estimate of $615.69 million. During the same quarter in the previous year, the company posted $0.61 EPS. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. Equities analysts expect that Xilinx, Inc. will post $2.54 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Thursday, August 10th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.23%. Xilinx’s payout ratio is currently 60.09%.

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A number of equities research analysts have recently commented on XLNX shares. Wells Fargo & Company cut shares of Xilinx from an “outperform” rating to a “market perform” rating and set a $66.00 target price for the company. in a research report on Tuesday, May 23rd. Vetr upgraded shares of Xilinx from a “hold” rating to a “buy” rating and set a $65.52 target price for the company in a research report on Tuesday, May 2nd. Pacific Crest reiterated an “overweight” rating and issued a $70.00 target price on shares of Xilinx in a research report on Wednesday, June 21st. Credit Suisse Group upgraded shares of Xilinx from a “neutral” rating to an “outperform” rating and increased their target price for the company from $65.00 to $70.00 in a research report on Monday, April 24th. Finally, BidaskClub upgraded shares of Xilinx from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 24th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $64.57.

In other news, insider Steven L. Glaser sold 15,788 shares of the business’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $63.38, for a total transaction of $1,000,643.44. Following the completion of the sale, the insider now owns 12,387 shares in the company, valued at $785,088.06. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Scott Hover-Smoot sold 12,143 shares of the business’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $62.17, for a total value of $754,930.31. Following the sale, the senior vice president now owns 41,869 shares of the company’s stock, valued at approximately $2,602,995.73. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,531 shares of company stock valued at $2,461,740. 0.40% of the stock is currently owned by corporate insiders.

Xilinx Company Profile

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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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