Xilinx, Inc. (NASDAQ:XLNX)‘s stock had its “hold” rating reissued by equities researchers at Nomura in a research note issued on Tuesday, Market Beat Ratings reports.

Several other research analysts have also issued reports on the company. MKM Partners reissued a “neutral” rating and issued a $46.00 target price on shares of Xilinx in a research report on Wednesday. JMP Securities restated an “outperform” rating and issued a $55.00 price target on shares of Xilinx in a research note on Wednesday. Pacific Crest restated an “overweight” rating and issued a $60.00 price target on shares of Xilinx in a research note on Tuesday. Barclays restated a “hold” rating on shares of Xilinx in a research note on Friday, January 22nd. Finally, SunTrust upped their price target on Xilinx from $45.00 to $46.00 and gave the stock a “neutral” rating in a research note on Thursday, January 21st. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $48.83.

In other news, Director Marshall C. Turner sold 10,000 shares of Xilinx stock in a transaction dated Tuesday, December 1st. The stock was sold at an average price of $50.00, for a total value of $500,000.00. Following the sale, the director now directly owns 33,384 shares of the company’s stock, valued at $1,669,200. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Victor Peng sold 40,000 shares of Xilinx stock in a transaction dated Tuesday, December 1st. The stock was sold at an average price of $50.00, for a total value of $2,000,000.00. Following the completion of the sale, the vice president now directly owns 40,225 shares in the company, valued at $2,011,250. The disclosure for this sale can be found here.

Other large investors have recently modified their holdings of the company. First American Bank boosted its stake in shares of Xilinx by 0.6% in the fourth quarter. First American Bank now owns 22,802 shares of the programmable devices maker’s stock valued at $1,071,000 after buying an additional 130 shares during the period. Jay D. Rosenbaum boosted its stake in shares of Xilinx by 1.2% in the fourth quarter. Jay D. Rosenbaum now owns 21,275 shares of the programmable devices maker’s stock valued at $999,000 after buying an additional 250 shares during the period. Capstone Asset Management Company boosted its stake in shares of Xilinx by 3.3% in the fourth quarter. Capstone Asset Management Company now owns 22,051 shares of the programmable devices maker’s stock valued at $1,036,000 after buying an additional 705 shares during the period. Fourth Swedish National Pension Fund boosted its stake in shares of Xilinx by 2.2% in the fourth quarter. Fourth Swedish National Pension Fund now owns 51,742 shares of the programmable devices maker’s stock valued at $2,431,000 after buying an additional 1,114 shares during the period. Finally, River & Mercantile Asset Management purchased a new stake in shares of Xilinx during the fourth quarter valued at about $75,000.

Shares of Xilinx (NASDAQ:XLNX) opened at 48.14 on Tuesday. The company has a market capitalization of $12.35 billion and a price-to-earnings ratio of 23.97. The firm has a 50 day moving average price of $46.18 and a 200 day moving average price of $44.77. Xilinx has a 52 week low of $38.07 and a 52 week high of $50.72.

Xilinx (NASDAQ:XLNX) last announced its earnings results on Wednesday, January 20th. The programmable devices maker reported $0.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.49. The firm earned $566 million during the quarter, compared to the consensus estimate of $554.50 million. During the same period in the prior year, the company posted $0.62 EPS. The firm’s revenue was down 4.6% on a year-over-year basis. Equities analysts forecast that Xilinx will post $2.03 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 16th. Shareholders of record on Wednesday, March 2nd will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, February 29th. This represents a $1.24 dividend on an annualized basis and a yield of 2.58%.

Xilinx, Inc. (NASDAQ:XLNX) 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.

12 Month Chart for NASDAQ:XLNX

Receive News & Ratings for Xilinx Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xilinx Inc. and related companies with MarketBeat.com's FREE daily email newsletter.