Latest Stocks: Suntrust Banks Inc. Sells 191 Shares of Xilinx, Inc. (XLNX)

Latest Stocks: Suntrust Banks Inc. Sells 191 Shares of Xilinx, Inc. (XLNX)

Suntrust Banks Inc. lowered its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 0.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,126 shares of the programmable devices maker’s stock after selling 191 shares during the period. Suntrust Banks Inc.’s holdings in Xilinx were worth $1,165,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Henderson Group PLC boosted its stake in Xilinx by 315.0% in the first quarter. Henderson Group PLC now owns 864,125 shares of the programmable devices maker’s stock worth $50,011,000 after buying an additional 655,915 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Xilinx by 6.7% in the first quarter. Daiwa Securities Group Inc. now owns 7,200 shares of the programmable devices maker’s stock valued at $417,000 after buying an additional 450 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of Xilinx by 89.1% in the first quarter. DekaBank Deutsche Girozentrale now owns 121,781 shares of the programmable devices maker’s stock valued at $7,059,000 after buying an additional 57,381 shares in the last quarter. Bbva Compass Bancshares Inc. boosted its stake in shares of Xilinx by 4.6% in the first quarter. Bbva Compass Bancshares Inc. now owns 20,522 shares of the programmable devices maker’s stock valued at $1,188,000 after buying an additional 905 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in shares of Xilinx by 19.7% in the first quarter. Advisors Asset Management Inc. now owns 83,293 shares of the programmable devices maker’s stock valued at $4,822,000 after buying an additional 13,707 shares in the last quarter. 92.43% of the stock is owned by institutional investors and hedge funds.

Xilinx, Inc. (NASDAQ XLNX) opened at 67.15 on Tuesday. The stock has a 50 day moving average of $63.39 and a 200 day moving average of $59.34. The firm has a market capitalization of $16.66 billion, a PE ratio of 28.94 and a beta of 1.15. Xilinx, Inc. has a 12 month low of $43.50 and a 12 month high of $67.75.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, April 26th. The programmable devices maker reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. The business had revenue of $609.50 million for the quarter, compared to analysts’ expectations of $605.25 million. Xilinx had a return on equity of 24.65% and a net margin of 25.17%. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.54 EPS. On average, equities analysts predict that Xilinx, Inc. will post $2.49 earnings per share for the current fiscal year. The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 1st. Stockholders of record on Tuesday, May 16th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.08%. This is a boost from Xilinx’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Friday, May 12th. Xilinx’s dividend payout ratio is 57.89%.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, April 26th. The programmable devices maker reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.03. The business had revenue of $609.50 million for the quarter, compared to analysts’ expectations of $605.25 million. Xilinx had a return on equity of 24.65% and a net margin of 25.17%. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.54 EPS. On average, equities analysts predict that Xilinx, Inc. will post $2.49 earnings per share for the current fiscal year. Several analysts have recently commented on the stock. Vetr raised shares of Xilinx from a “hold” rating to a “buy” rating and set a $65.52 price target on the stock in a research note on Tuesday, May 2nd. Wells Fargo & Co lowered shares of Xilinx from an “outperform” rating to a “market perform” rating and set a $66.00 price objective on the stock. in a report on Tuesday, May 23rd. Credit Suisse Group AG upgraded shares of Xilinx from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $65.00 to $70.00 in a report on Monday, April 24th. Zacks Investment Research upgraded shares of Xilinx from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Tuesday, March 28th. Finally, Mizuho assumed coverage on shares of Xilinx in a report on Thursday, March 2nd. They issued a “neutral” rating and a $64.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $62.28.

In other news, CEO Moshe Gavrielov sold 400 shares of the company’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $67.73, for a total transaction of $27,092.00. Following the sale, the chief executive officer now directly owns 235,366 shares of the company’s stock, valued at approximately $15,941,339.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Krishna Rangasayee sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $64.89, for a total value of $973,350.00. Following the sale, the insider now directly owns 15,555 shares in the company, valued at $1,009,363.95. The disclosure for this sale can be found here. Insiders have sold a total of 75,000 shares of company stock worth $4,862,471 over the last ninety days. Insiders own 0.52% of the company’s stock. About Xilinx

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