Clearbridge Investments LLC trimmed its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 0.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 746,744 shares of the programmable devices maker’s stock after selling 1,751 shares during the quarter. Clearbridge Investments LLC owned approximately 0.29% of Xilinx worth $50,345,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of XLNX. NuWave Investment Management LLC purchased a new position in shares of Xilinx during the 4th quarter valued at approximately $102,000. Tower Research Capital LLC TRC acquired a new stake in Xilinx in the 4th quarter valued at $106,000. Old Mutual Global Investors UK Ltd. acquired a new stake in Xilinx in the 4th quarter valued at $116,000. San Francisco Sentry Investment Group CA acquired a new stake in Xilinx in the 3rd quarter valued at $117,000. Finally, Cerebellum GP LLC acquired a new stake in Xilinx in the 4th quarter valued at $126,000. 91.67% of the stock is owned by hedge funds and other institutional investors.
Shares of Xilinx, Inc. (NASDAQ XLNX) opened at $76.14 on Wednesday. Xilinx, Inc. has a one year low of $54.99 and a one year high of $78.02. The company has a current ratio of 9.08, a quick ratio of 8.59 and a debt-to-equity ratio of 0.73. The stock has a market cap of $19,400.00, a price-to-earnings ratio of 30.33, a price-to-earnings-growth ratio of 4.12 and a beta of 1.11.
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 22nd. Shareholders of record on Wednesday, February 7th were paid a dividend of $0.35 per share. The ex-dividend date was Tuesday, February 6th. This represents a $1.40 annualized dividend and a yield of 1.84%. Xilinx’s dividend payout ratio (DPR) is presently 55.78%.
XLNX has been the topic of a number of research analyst reports. Goldman Sachs Group raised shares of Xilinx from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Morgan Stanley lifted their price target on shares of Xilinx from $72.00 to $78.00 and gave the company an “overweight” rating in a research note on Wednesday, December 13th. BidaskClub cut shares of Xilinx from a “hold” rating to a “sell” rating in a research note on Saturday, December 2nd. SunTrust Banks lifted their price target on shares of Xilinx to $79.00 and gave the company an “outperform” rating in a research note on Thursday, January 25th. Finally, Barclays reissued a “hold” rating and issued a $70.00 price target on shares of Xilinx in a research note on Friday, January 19th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the company’s stock. Xilinx currently has a consensus rating of “Hold” and a consensus target price of $73.45.
In other news, SVP Scott Hover-Smoot sold 4,300 shares of the business’s stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $71.72, for a total transaction of $308,396.00. Following the transaction, the senior vice president now owns 37,569 shares of the company’s stock, valued at approximately $2,694,448.68. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Moshe Gavrielov sold 20,000 shares of the business’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $75.81, for a total transaction of $1,516,200.00. Following the transaction, the chief executive officer now directly owns 62,813 shares in the company, valued at approximately $4,761,853.53. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 43,987 shares of company stock worth $3,271,984. 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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