Raymond James Trust N.A. increased its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 6.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,259 shares of the programmable devices maker’s stock after purchasing an additional 146 shares during the period. Raymond James Trust N.A.’s holdings in Xilinx were worth $280,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in XLNX. Catalyst Capital Advisors LLC bought a new stake in shares of Xilinx during the 4th quarter valued at $25,000. Childress Capital Advisors LLC bought a new stake in Xilinx in the 4th quarter valued at $26,000. First Horizon Advisors Inc. increased its holdings in Xilinx by 368.2% in the 4th quarter. First Horizon Advisors Inc. now owns 206 shares of the programmable devices maker’s stock valued at $28,000 after acquiring an additional 162 shares during the last quarter. Veritas Investment Partners UK Ltd. bought a new stake in Xilinx in the 4th quarter valued at $29,000. Finally, Twin Tree Management LP increased its holdings in Xilinx by 101.8% in the 4th quarter. Twin Tree Management LP now owns 212 shares of the programmable devices maker’s stock valued at $30,000 after acquiring an additional 11,860 shares during the last quarter. Hedge funds and other institutional investors own 84.50% of the company’s stock.
In related news, SVP Vamsi Boppana sold 3,000 shares of Xilinx stock in a transaction dated Friday, May 7th. The shares were sold at an average price of $123.72, for a total transaction of $371,160.00. Following the completion of the sale, the senior vice president now owns 7,575 shares in the company, valued at approximately $937,179. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.20% of the company’s stock.
Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Tuesday, May 4th. The programmable devices maker reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.07. Xilinx had a net margin of 21.22% and a return on equity of 30.66%. The company had revenue of $851.00 million during the quarter, compared to analyst estimates of $813.90 million. During the same quarter last year, the business posted $0.75 EPS. The firm’s revenue for the quarter was up 12.6% on a year-over-year basis. On average, equities analysts anticipate that Xilinx, Inc. will post 2.91 earnings per share for the current fiscal year.
A number of analysts have issued reports on XLNX shares. Argus downgraded shares of Xilinx from a “buy” rating to a “hold” rating in a report on Friday, January 29th. Cowen lifted their price target on shares of Xilinx from $120.00 to $153.00 and gave the company a “market perform” rating in a report on Thursday, January 28th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $126.47.
Xilinx, Inc designs and develops programmable devices and associated technologies worldwide. The company offers 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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