Signaturefd LLC Increases Position in Xilinx, Inc. (NASDAQ:XLNX)

Signaturefd LLC raised its position in Xilinx, Inc. (NASDAQ:XLNX) by 16.5% during the second quarter, HoldingsChannel reports. The firm owned 1,304 shares of the programmable devices maker’s stock after buying an additional 185 shares during the quarter. Signaturefd LLC’s holdings in Xilinx were worth $154,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Jackson Grant Investment Advisers Inc. purchased a new stake in shares of Xilinx in the 1st quarter valued at approximately $25,000. Shamrock Asset Management LLC acquired a new position in shares of Xilinx in the 1st quarter valued at $25,000. CWM LLC boosted its holdings in shares of Xilinx by 225.0% in the 1st quarter. CWM LLC now owns 221 shares of the programmable devices maker’s stock valued at $28,000 after buying an additional 153 shares in the last quarter. Lenox Wealth Advisors LLC acquired a new position in shares of Xilinx in the 2nd quarter valued at $33,000. Finally, Strategy Asset Managers LLC acquired a new position in shares of Xilinx in the 1st quarter valued at $38,000. 85.81% of the stock is currently owned by institutional investors.

In related news, VP Catia Hagopian sold 1,000 shares of the stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $120.00, for a total transaction of $120,000.00. Following the completion of the sale, the vice president now owns 16,674 shares in the company, valued at approximately $2,000,880. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Emre Onder sold 344 shares of the stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $104.92, for a total transaction of $36,092.48. Following the sale, the senior vice president now owns 1,419 shares of the company’s stock, valued at approximately $148,881.48. The disclosure for this sale can be found here. In the last quarter, insiders have sold 20,386 shares of company stock valued at $2,331,612. 0.19% of the stock is owned by company insiders.

Several research analysts have recently issued reports on XLNX shares. Needham & Company LLC cut shares of Xilinx from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Zacks Investment Research upgraded shares of Xilinx from a “sell” rating to a “hold” rating and set a $130.00 target price for the company in a report on Saturday, July 27th. Morgan Stanley upped their target price on shares of Xilinx from $126.00 to $134.00 and gave the company an “overweight” rating in a report on Thursday, July 25th. Deutsche Bank lowered their target price on shares of Xilinx from $125.00 to $120.00 and set a “hold” rating for the company in a report on Thursday, April 25th. Finally, Goldman Sachs Group cut shares of Xilinx from a “buy” rating to a “neutral” rating and set a $122.00 target price for the company. in a report on Thursday, April 25th. Fourteen equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $119.52.

Shares of NASDAQ:XLNX opened at $105.89 on Friday. The stock has a market cap of $26.88 billion, a P/E ratio of 30.43, a P/E/G ratio of 2.35 and a beta of 1.23. The firm has a fifty day moving average price of $116.14 and a 200 day moving average price of $117.72. The company has a debt-to-equity ratio of 0.48, a current ratio of 7.22 and a quick ratio of 6.54. Xilinx, Inc. has a 1-year low of $68.76 and a 1-year high of $141.60.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings results on Wednesday, July 24th. The programmable devices maker reported $0.97 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.03. The firm had revenue of $849.60 million during the quarter, compared to analysts’ expectations of $849.76 million. Xilinx had a net margin of 29.19% and a return on equity of 35.99%. Xilinx’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.74 EPS. Sell-side analysts expect that Xilinx, Inc. will post 3.77 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 27th. Investors of record on Wednesday, August 7th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend is Tuesday, August 6th. Xilinx’s dividend payout ratio is currently 42.53%.

Xilinx Profile

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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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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