Creative Planning Has $795,000 Stake in Xilinx, Inc. (XLNX)

Creative Planning lifted its holdings in shares of Xilinx, Inc. (NASDAQ:XLNX) by 5.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 9,339 shares of the programmable devices maker’s stock after acquiring an additional 476 shares during the period. Creative Planning’s holdings in Xilinx were worth $795,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Ipswich Investment Management Co. Inc. bought a new position in Xilinx during the 4th quarter valued at about $85,000. Private Capital Group LLC lifted its holdings in Xilinx by 70.8% during the 4th quarter. Private Capital Group LLC now owns 1,131 shares of the programmable devices maker’s stock valued at $96,000 after purchasing an additional 469 shares during the last quarter. San Francisco Sentry Investment Group CA lifted its holdings in Xilinx by 5.7% during the 4th quarter. San Francisco Sentry Investment Group CA now owns 1,729 shares of the programmable devices maker’s stock valued at $148,000 after purchasing an additional 94 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in Xilinx by 26.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,907 shares of the programmable devices maker’s stock valued at $162,000 after purchasing an additional 404 shares during the last quarter. Finally, Lucia Wealth Services LLC bought a new position in Xilinx during the 3rd quarter valued at about $160,000. 91.27% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ:XLNX opened at $117.39 on Thursday. Xilinx, Inc. has a one year low of $62.54 and a one year high of $118.95. The company has a quick ratio of 4.08, a current ratio of 4.38 and a debt-to-equity ratio of 0.46. The company has a market cap of $29.92 billion, a PE ratio of 41.48, a price-to-earnings-growth ratio of 2.73 and a beta of 1.19.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings results on Wednesday, January 23rd. The programmable devices maker reported $0.92 EPS for the quarter, topping the consensus estimate of $0.85 by $0.07. Xilinx had a net margin of 27.92% and a return on equity of 34.82%. The company had revenue of $800.00 million during the quarter, compared to analysts’ expectations of $770.65 million. During the same quarter in the previous year, the company earned $0.68 EPS. Xilinx’s revenue was up 33.6% on a year-over-year basis. As a group, equities research analysts forecast that Xilinx, Inc. will post 3.47 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 21st. Stockholders of record on Wednesday, February 6th will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.23%. The ex-dividend date is Tuesday, February 5th. Xilinx’s dividend payout ratio is 50.88%.

A number of equities analysts have weighed in on XLNX shares. Zacks Investment Research downgraded shares of Xilinx from a “buy” rating to a “hold” rating in a research note on Tuesday, October 23rd. Barclays boosted their target price on shares of Xilinx from $60.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 25th. Citigroup boosted their target price on shares of Xilinx from $74.00 to $80.00 and gave the stock a “neutral” rating in a research note on Thursday, October 25th. William Blair started coverage on shares of Xilinx in a research note on Friday, October 26th. They issued a “market perform” rating for the company. Finally, MKM Partners boosted their target price on shares of Xilinx to $85.00 and gave the stock a “neutral” rating in a research note on Friday, October 26th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have given a buy rating and three have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $96.17.

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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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