Xilinx (XLNX) : Omers Administration Corp reduced its stake in Xilinx by 16.74% during the most recent quarter end. The investment management company now holds a total of 1,233,200 shares of Xilinx which is valued at $63,929,088 after selling 247,900 shares in Xilinx , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Xilinx makes up approximately 1.30% of Omers Administration Corp’s portfolio.
Other Hedge Funds, Including , Fmr reduced its stake in XLNX by selling 197,630 shares or 6.6% in the most recent quarter. The Hedge Fund company now holds 2,797,889 shares of XLNX which is valued at $145,042,566. Xilinx makes up approx 0.02% of Fmr’s portfolio.Blackrock Japan Ltd reduced its stake in XLNX by selling 38,632 shares or 7.34% in the most recent quarter. The Hedge Fund company now holds 487,437 shares of XLNX which is valued at $25,268,734. Xilinx makes up approx 0.09% of Blackrock Japan Ltd’s portfolio.Fortaleza Asset Management Inc reduced its stake in XLNX by selling 39,140 shares or 99.83% in the most recent quarter. The Hedge Fund company now holds 65 shares of XLNX which is valued at $3,365. Wespac Advisors sold out all of its stake in XLNX during the most recent quarter. The investment firm sold 25,748 shares of XLNX which is valued $1,283,280. Simplex Trading added XLNX to its portfolio by purchasing 41,655 company shares during the most recent quarter which is valued at $2,002,772. Xilinx makes up approx 0.25% of Simplex Trading’s portfolio.
Xilinx opened for trading at $53.85 and hit $54.13 on the upside on Tuesday, eventually ending the session at $54.03, with a gain of 0.69% or 0.37 points. The heightened volatility saw the trading volume jump to 19,31,504 shares. Company has a market cap of $13,696 M.
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.