Roanoke Asset Management Corp Ny Lowers stake in Xilinx (XLNX)

Xilinx (XLNX) : Roanoke Asset Management Corp Ny reduced its stake in Xilinx by 0.14% during the most recent quarter end. The investment management company now holds a total of 107,764 shares of Xilinx which is valued at $5,478,722 after selling 155 shares in Xilinx , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Xilinx makes up approximately 2.41% of Roanoke Asset Management Corp Ny’s portfolio.

Other Hedge Funds, Including , Meag Munich Ergo Kapitalanlagegesellschaft Mbh sold out all of its stake in XLNX during the most recent quarter. The investment firm sold 65,898 shares of XLNX which is valued $3,366,070. Herndon Capital Management added XLNX to its portfolio by purchasing 23 company shares during the most recent quarter which is valued at $1,175. Tahithromos L.l.c. added XLNX to its portfolio by purchasing 230,764 company shares during the most recent quarter which is valued at $11,787,425. Xilinx makes up approx 15.33% of Tahithromos L.l.c.’s portfolio.Pggm Investments boosted its stake in XLNX in the latest quarter, The investment management firm added 29,517 additional shares and now holds a total of 638,871 shares of Xilinx which is valued at $31,841,331. Xilinx makes up approx 0.16% of Pggm Investments’s portfolio.

Xilinx closed down -0.2 points or -0.39% at $51.57 with 16,90,269 shares getting traded on Monday. Post opening the session at $51.95, the shares hit an intraday low of $51.49 and an intraday high of $51.96 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Xilinx reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.56. The company had revenue of $574.90 million for the quarter, compared to analysts expectations of $571.07 million. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.

Many Wall Street Analysts have commented on Xilinx. Company shares were Reiterated by MKM Partners on Jul 28, 2016 to “Neutral”, Firm has raised the Price Target to $ 52 from a previous price target of $45 .Xilinx was Downgraded by Goldman to ” Neutral” on Jun 2, 2016.

Xilinx Inc. (Xilinx) designs and develops programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (IC) in the form of programmable logic devices (PLD); software design tools to program the PLDs; targeted reference designs; printed circuit boards and intellectual property (IP) which consists of Xilinx and third-party verification and IP cores. The Company provides design services customer training field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs) complex programmable logic devices (CPLDs) programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs). Its product portfolio is designed to provide integration for electronic equipment manufacturers in end markets such as wired and wireless communications industrial scientific and medical aerospace and defense audio video and broadcast consumer automotive and test and measurement.

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