Economy

Here is What Institutional Investors Think About Xilinx Inc (NASDAQ:XLNX)

In the past three-month period, there have been 1 open market buys by insiders for Xilinx, Inc. Institutional investors own 97.28% of the company's stock.

Trinity Industries, Inc. (NYSE:TRN) ended its day at $32.36 with the rising stream of -0.49% and its total traded volume was 1.61 million shares more than the average volume.

Several other large investors have also added to or reduced their stakes in XLNX. Creative Planning raised its stake in Xilinx by 2.4% in the second quarter. Canada Pension Plan Investment Board now owns 1,827,386 shares of the programmable devices maker's stock valued at $117,537,000 after purchasing an additional 1,619,600 shares in the last quarter. Capstone Asset Management Co. raised its stake in Xilinx by 0.7% in the second quarter.

About 1.00 million shares traded. Cullinan Associates Inc. raised its stake in Xilinx by 3.5% in the second quarter. We also believe that Xilinx is well positioned to tap the opportunities arising from an increase in adoption of AI technologies, 5G connectivity, autonomous vehicles and IoTs, which will drive growth over the long-run. The Wisconsin-based Sadoff Investment Management Llc has invested 4.08% in the stock. Finally, Pictet Asset Management Ltd. raised its stake in Xilinx by 67.6% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 19,314 shares of the programmable devices maker's stock worth $890,000 after buying an additional 278 shares during the last quarter.

Xilinx, Inc. (XLNX) have shown a high EPS growth of 3.60% in the last 5 years and has earnings rose of 13.20% yoy. (NASDAQ:XLNX). Intact Investment Mngmt Inc invested 0.07% of its portfolio in Xilinx, Inc. The company has market cap of $18.12 billion. The programmable devices maker reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.02. For the current quarter, the average analyst estimate for net revenue is $629.71 million - compared to 585.69 million in the year-ago quarter.

Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. Its sales stood at 1.00% a year on average in the period of last five years.

Among 23 analysts covering Xilinx Inc.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Tuesday, November 8th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, November 4th. This represents a $1.40 dividend on an annualized basis and a yield of 1.90%. Xilinx's dividend payout ratio is now 62.26%. BidaskClub lowered shares of Xilinx from a strong-buy rating to a buy rating in a research report on Wednesday, July 19th.

New York: In a research note made public on Thursday morning, Barclays reiterated their "Equal-Weight" rating on Xilinx (NASDAQ:XLNX) shares. BMO Capital Markets reissued a "buy" rating and issued a $80.00 target price on shares of Xilinx in a report on Wednesday, October 18th. MKM Partners lifted their price objective on Xilinx from $63.00 to $78.00 and gave the stock a "neutral" rating in a report on Sunday, October 8th. KeyCorp set a $78.00 target price on Xilinx and gave the stock a "buy" rating in a report on Wednesday, October 11th. The stock now has a consensus rating of Hold and an average price target of $69.73.

In related news, CEO Moshe Gavrielov sold 121,400 shares of the business's stock in a transaction on Monday, October 2nd. The transaction was disclosed in a legal filing with the SEC, which is available at this link. It is highly important for investors to understand exactly what risks they are taking when buying and selling stocks. The shares were sold at an average price of $50.00, for a total value of $800,000.00. Following the completion of the transaction, the chief executive officer now directly owns 164,304 shares in the company, valued at $11,621,221.92. The disclosure for this sale can be found here. The stock ended last trade at $73.04 a share and the price is up more than 20.99% so far this year.

Xilinx, Inc.is engaged in designing and developing programmable devices and associated technologies.



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