Commonwealth Bank of Australia lifted its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 4.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,917 shares of the programmable devices maker’s stock after acquiring an additional 731 shares during the quarter. Commonwealth Bank of Australia’s holdings in Xilinx were worth $1,334,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Seaward Management Limited Partnership raised its position in shares of Xilinx by 2.1% during the 2nd quarter. Seaward Management Limited Partnership now owns 4,053 shares of the programmable devices maker’s stock worth $260,000 after purchasing an additional 83 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its position in shares of Xilinx by 2.1% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,154 shares of the programmable devices maker’s stock worth $267,000 after purchasing an additional 87 shares during the last quarter. Nordea Investment Management AB raised its position in shares of Xilinx by 1.2% during the 2nd quarter. Nordea Investment Management AB now owns 11,622 shares of the programmable devices maker’s stock worth $748,000 after purchasing an additional 135 shares during the last quarter. Sentry Investment Management LLC raised its position in shares of Xilinx by 0.8% during the 2nd quarter. Sentry Investment Management LLC now owns 18,963 shares of the programmable devices maker’s stock worth $1,220,000 after purchasing an additional 151 shares during the last quarter. Finally, Advisor Group Inc. raised its position in shares of Xilinx by 2.4% during the 2nd quarter. Advisor Group Inc. now owns 10,389 shares of the programmable devices maker’s stock worth $669,000 after purchasing an additional 239 shares during the last quarter. 95.23% of the stock is currently owned by institutional investors and hedge funds.

Shares of Xilinx, Inc. (NASDAQ:XLNX) opened at $68.42 on Wednesday. The company has a market capitalization of $17,104.95, a price-to-earnings ratio of 28.76, a PEG ratio of 2.82 and a beta of 1.07. The company has a current ratio of 9.86, a quick ratio of 9.35 and a debt-to-equity ratio of 0.70. Xilinx, Inc. has a twelve month low of $54.01 and a twelve month high of $75.14.

Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, October 25th. The programmable devices maker reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. The business had revenue of $620.00 million during the quarter, compared to the consensus estimate of $620.99 million. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.61 EPS. research analysts predict that Xilinx, Inc. will post 2.59 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.05%. Xilinx’s payout ratio is 59.07%.

In related news, CEO Moshe Gavrielov sold 121,400 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $70.73, for a total transaction of $8,586,622.00. Following the completion of the sale, the chief executive officer now directly owns 164,304 shares of the company’s stock, valued at approximately $11,621,221.92. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Elizabeth W. Vanderslice sold 2,500 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $72.20, for a total transaction of $180,500.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 213,127 shares of company stock valued at $15,135,685. Insiders own 0.40% of the company’s stock.

Several research analysts recently issued reports on XLNX shares. Zacks Investment Research upgraded Xilinx from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research report on Friday, October 27th. MKM Partners lifted their price objective on Xilinx from $63.00 to $78.00 and gave the stock a “neutral” rating in a research report on Sunday, October 8th. KeyCorp set a $78.00 price target on Xilinx and gave the company a “buy” rating in a report on Wednesday, October 11th. Deutsche Bank boosted their price target on Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a report on Thursday, October 26th. Finally, SunTrust Banks reiterated a “hold” rating on shares of Xilinx in a report 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 company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $69.73.

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About Xilinx

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.

Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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