Teza Capital Management LLC Grows Stock Holdings in Xilinx, Inc. (NASDAQ:XLNX)

Teza Capital Management LLC lifted its holdings in shares of Xilinx, Inc. (NASDAQ:XLNX) by 7.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,107 shares of the programmable devices maker’s stock after purchasing an additional 857 shares during the quarter. Xilinx accounts for about 0.9% of Teza Capital Management LLC’s portfolio, making the stock its 17th biggest position. Teza Capital Management LLC’s holdings in Xilinx were worth $1,662,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Private Advisor Group LLC increased its stake in shares of Xilinx by 166.7% in the 1st quarter. Private Advisor Group LLC now owns 20,368 shares of the programmable devices maker’s stock valued at $2,581,000 after purchasing an additional 12,730 shares during the last quarter. ProVise Management Group LLC bought a new stake in Xilinx during the 1st quarter worth $449,000. Dynamic Technology Lab Private Ltd grew its position in Xilinx by 70.1% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 12,453 shares of the programmable devices maker’s stock worth $1,579,000 after acquiring an additional 5,134 shares during the last quarter. British Airways Pensions Investment Management Ltd grew its position in Xilinx by 13.1% during the 1st quarter. British Airways Pensions Investment Management Ltd now owns 108,745 shares of the programmable devices maker’s stock worth $13,788,000 after acquiring an additional 12,617 shares during the last quarter. Finally, Capital Advantage Inc. grew its position in Xilinx by 4.9% during the 1st quarter. Capital Advantage Inc. now owns 8,212 shares of the programmable devices maker’s stock worth $1,041,000 after acquiring an additional 385 shares during the last quarter. Institutional investors and hedge funds own 84.48% of the company’s stock.

Shares of XLNX stock traded down $0.26 during trading on Friday, hitting $117.92. The company’s stock had a trading volume of 3,503,086 shares, compared to its average volume of 4,115,205. The business’s fifty day moving average is $107.97. Xilinx, Inc. has a 52 week low of $64.30 and a 52 week high of $141.60. The company has a market cap of $29.16 billion, a P/E ratio of 33.89, a PEG ratio of 2.44 and a beta of 1.22. The company has a current ratio of 8.19, a quick ratio of 7.53 and a debt-to-equity ratio of 0.43.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, April 24th. The programmable devices maker reported $0.94 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.02). The firm had revenue of $828.36 million for the quarter, compared to the consensus estimate of $826.51 million. Xilinx had a net margin of 29.09% and a return on equity of 34.72%. Xilinx’s revenue for the quarter was up 29.8% on a year-over-year basis. During the same period last year, the company posted $0.75 earnings per share. On average, sell-side analysts expect that Xilinx, Inc. will post 3.91 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Thursday, May 16th were given a dividend of $0.37 per share. The ex-dividend date was Wednesday, May 15th. This represents a $1.48 annualized dividend and a dividend yield of 1.26%. This is an increase from Xilinx’s previous quarterly dividend of $0.36. Xilinx’s dividend payout ratio is currently 42.53%.

In related news, 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 value of $36,092.48. Following the sale, the senior vice president now owns 1,419 shares in the company, valued at $148,881.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Elizabeth W. Vanderslice sold 2,000 shares of the stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $101.50, for a total value of $203,000.00. Following the completion of the sale, the director now owns 29,483 shares in the company, valued at approximately $2,992,524.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,020 shares of company stock worth $896,745. Company insiders own 0.16% of the company’s stock.

A number of equities research analysts recently weighed in on XLNX shares. BMO Capital Markets lowered Xilinx from an “outperform” rating to a “market perform” rating and boosted their price objective for the stock from $100.00 to $125.00 in a research report on Monday, March 4th. Bank of America reiterated a “buy” rating and issued a $143.00 price target on shares of Xilinx in a research report on Monday, March 4th. Zacks Investment Research lowered Xilinx from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 26th. Mizuho boosted their price objective on Xilinx from $107.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, March 29th. Finally, KeyCorp reaffirmed a “positive” rating and set a $145.00 price target (up from $140.00) on shares of Xilinx in a research note on Tuesday, April 2nd. Thirteen investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $117.18.

Xilinx Company 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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