Gardiner Nancy B buys $513,382 stake in Xilinx (XLNX)

Xilinx (XLNX) : Gardiner Nancy B scooped up 825 additional shares in Xilinx during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 27, 2016. The investment management firm now holds a total of 10,840 shares of Xilinx which is valued at $513,382.Xilinx makes up approximately 2.21% of Gardiner Nancy B’s portfolio.

Other Hedge Funds, Including , Lpl Financial reduced its stake in XLNX by selling 358 shares or 3.94% in the most recent quarter. The Hedge Fund company now holds 8,729 shares of XLNX which is valued at $390,623.Fairfield Bush reduced its stake in XLNX by selling 350 shares or 2.7% in the most recent quarter. The Hedge Fund company now holds 12,595 shares of XLNX which is valued at $544,608. Xilinx makes up approx 0.20% of Fairfield Bush’s portfolio. Nicholas Investment Partners Lp sold out all of its stake in XLNX during the most recent quarter. The investment firm sold 71,146 shares of XLNX which is valued $3.1 Million.Baker Avenue Asset Management Lp reduced its stake in XLNX by selling 6,655 shares or 11.28% in the most recent quarter. The Hedge Fund company now holds 52,365 shares of XLNX which is valued at $2.3 Million. Xilinx makes up approx 0.34% of Baker Avenue Asset Management Lp’s portfolio.

Xilinx opened for trading at $47.07 and hit $47.26 on the upside on Tuesday, eventually ending the session at $47.17, with a gain of 0.64% or 0.3 points. The heightened volatility saw the trading volume jump to 16,33,160 shares. Company has a market cap of $11,968 M.

On the company’s financial health, Xilinx reported $0.54 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.52. The company had revenue of $571.00 million for the quarter, compared to analysts expectations of $566.26 million. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS.

Many Wall Street Analysts have commented on Xilinx. Xilinx was Downgraded by Goldman to ” Neutral” on Jun 2, 2016. Shares were Reiterated by MKM Partners on Apr 28, 2016 to “Neutral” and Lowered the Price Target to $ 45 from a previous price target of $46 .

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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