Xilinx (XLNX) had declared a cash dividend of $0.3300 on Jan 25, 2017. The shares will quote ex-dividend on Feb 6, 2017 and the record date has been fixed for Feb 8, 2017. Based on Feb 6, 2017 share price, the yield comes out to be 2.22%. The dividend payable date has been fixed on Feb 23, 2017.
In a different note, On Jan 18, 2017, Barclays said it Downgrades its rating on Xilinx. The shares have been rated ‘Underweight’ by the firm. On Jan 3, 2017, Nomura said it Downgrades its rating on Xilinx. The shares have been rated ‘Reduce’ by the firm. Susquehanna said it Initiates Coverage On Xilinx, according to a research note issued on Dec 21, 2016. The shares have been rated ‘Neutral’ by the firm. On Dec 15, 2016, Morgan Stanley said it Upgrades its rating on Xilinx. The shares have been rated ‘Overweight’ by the firm. Evercore ISI Group said it Initiates Coverage On Xilinx, according to a research note issued on Dec 14, 2016. In the research note, the firm Announces the price-target to $70 per share. The shares have been rated ‘Buy’ by the firm.
Xilinx (XLNX) shares turned negative on Tuesdays trading session with the shares closing down -0.14 points or -0.24% at a volume of 12,16,701. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $58.4698. The peak price level was also seen at $58.4698 while the days lowest was $58. Finally the shares closed at $58.09. The 52-week high of the shares is $62.2399 while the 52-week low is $41.53. According to the latest information available, the market cap of the company is $14,461 M.
Xilinx(XLNX) last announced its earnings results on Jan 25, 2017 for Fiscal Year 2017 and Q3.Company reported revenue of $585.688M. Analysts had an estimated revenue of $579.540M. Earnings per share were $0.52. Analysts had estimated an EPS of $0.49.
Several Insider Transactions has been reported to the SEC. On Dec 16, 2016, Moshe Gavrielov (CEO) sold 50,000 shares at $59.73 per share price.Also, On Nov 16, 2016, Victor Peng (Sr. Vice President) sold 12,235 shares at $54.00 per share price.On Nov 1, 2016, Lorenzo Flores (Chief Financial Officer) sold 25,750 shares at $50.90 per share price, according to the Form-4 filing with the securities and exchange commission.
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.