Keybank National Association OH Purchases 343 Shares of Xilinx, Inc. (NASDAQ:XLNX)

Keybank National Association OH lifted its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 0.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 44,687 shares of the programmable devices maker’s stock after acquiring an additional 343 shares during the quarter. Keybank National Association OH’s holdings in Xilinx were worth $4,285,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Xilinx by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 30,583,554 shares of the programmable devices maker’s stock worth $3,606,413,000 after purchasing an additional 952,468 shares in the last quarter. BlackRock Inc. lifted its holdings in Xilinx by 9.1% during the 2nd quarter. BlackRock Inc. now owns 23,066,691 shares of the programmable devices maker’s stock worth $2,720,026,000 after purchasing an additional 1,929,227 shares in the last quarter. Invesco Ltd. lifted its holdings in Xilinx by 15.7% during the 2nd quarter. Invesco Ltd. now owns 4,196,121 shares of the programmable devices maker’s stock worth $494,807,000 after purchasing an additional 570,931 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Xilinx by 1.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,991,095 shares of the programmable devices maker’s stock worth $470,630,000 after purchasing an additional 63,427 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in Xilinx by 24.5% during the 2nd quarter. Janus Henderson Group PLC now owns 3,487,605 shares of the programmable devices maker’s stock worth $411,258,000 after purchasing an additional 686,461 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

XLNX has been the topic of a number of recent research reports. Credit Suisse Group reissued an “outperform” rating and set a $110.00 price objective (down previously from $135.00) on shares of Xilinx in a report on Thursday, October 24th. Deutsche Bank dropped their price objective on Xilinx from $102.00 to $95.00 and set a “hold” rating on the stock in a report on Thursday, October 24th. BidaskClub cut Xilinx from a “sell” rating to a “strong sell” rating in a report on Saturday, November 2nd. Barclays dropped their price objective on Xilinx from $100.00 to $91.00 and set an “equal weight” rating on the stock in a report on Thursday, October 24th. Finally, Cascend Securities raised Xilinx from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a report on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have assigned a buy rating to the company. Xilinx presently has a consensus rating of “Hold” and a consensus price target of $113.26.

In other news, SVP Emre Onder sold 1,337 shares of Xilinx stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $96.79, for a total value of $129,408.23. Following the sale, the senior vice president now directly owns 4,340 shares in the company, valued at approximately $420,068.60. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Vincent Tong sold 8,000 shares of Xilinx stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $105.00, for a total value of $840,000.00. Following the completion of the sale, the executive vice president now owns 36,775 shares in the company, valued at $3,861,375. The disclosure for this sale can be found here. Over the last quarter, insiders sold 22,226 shares of company stock worth $2,270,378. Corporate insiders own 0.19% of the company’s stock.

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Shares of NASDAQ:XLNX traded down $0.55 on Friday, hitting $95.50. The company’s stock had a trading volume of 2,469,300 shares, compared to its average volume of 3,768,574. The company has a 50-day simple moving average of $94.61 and a 200 day simple moving average of $107.23. The company has a debt-to-equity ratio of 0.46, a current ratio of 6.44 and a quick ratio of 5.78. Xilinx, Inc. has a 1 year low of $79.22 and a 1 year high of $141.60. The company has a market capitalization of $23.99 billion, a PE ratio of 27.44, a PEG ratio of 2.37 and a beta of 1.24.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, October 23rd. The programmable devices maker reported $0.94 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.02. The firm had revenue of $833.00 million for the quarter, compared to analyst estimates of $823.63 million. Xilinx had a return on equity of 35.84% and a net margin of 28.76%. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period last year, the company earned $0.84 EPS. On average, equities research analysts expect that Xilinx, Inc. will post 3.35 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Stockholders of record on Tuesday, November 12th will be given a $0.37 dividend. The ex-dividend date is Friday, November 8th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.55%. Xilinx’s dividend payout ratio is currently 42.53%.

Xilinx announced that its Board of Directors has authorized a share buyback program on Wednesday, October 23rd that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the programmable devices maker to repurchase up to 4.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

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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