As Xilinx INC (XLNX) Stock Price Declined, Blue Harbour Group LP Boosted Position by $49.97 Million

August 9, 2018 - By Victoria Pittman

Xilinx, Inc. (NASDAQ:XLNX) LogoInvestors sentiment decreased to 1.12 in Q1 2018. Its down 0.09, from 1.21 in 2017Q4. It fall, as 45 investors sold XLNX shares while 178 reduced holdings. 67 funds opened positions while 182 raised stakes. 216.96 million shares or 2.23% less from 221.90 million shares in 2017Q4 were reported. Credit Suisse Ag owns 603,483 shares. Oregon Pub Employees Retirement Fund reported 88,579 shares. Illinois-based Citadel Advsr Ltd Limited Liability Company has invested 0.01% in Xilinx, Inc. (NASDAQ:XLNX). Hanseatic Mgmt holds 0.07% or 976 shares. Deutsche Bancshares Ag accumulated 522,931 shares. Bessemer Grp Inc holds 131 shares. Convergence Inv Limited Liability Co holds 0% or 386 shares. Tower Bridge Advisors invested in 0% or 6,500 shares. Rhumbline Advisers reported 523,684 shares. Virtu Llc has 21,472 shares. Texas-based Teacher Retirement Sys Of Texas has invested 0.03% in Xilinx, Inc. (NASDAQ:XLNX). Prudential holds 0.03% or 278,053 shares. Fenimore Asset Mngmt stated it has 616,098 shares. Tahithromos Lc holds 6.45% or 64,195 shares in its portfolio. 2,922 were accumulated by Banque Pictet Cie Sa.

Since July 3, 2018, it had 0 insider buys, and 3 sales for $629,104 activity. Shares for $237,615 were sold by Raje Salil.

Blue Harbour Group Lp increased its stake in Xilinx Inc (XLNX) by 16.18% based on its latest 2018Q1 regulatory filing with the SEC. Blue Harbour Group Lp bought 694,000 shares as the company’s stock declined 2.64% with the market. The hedge fund held 4.98 million shares of the technology company at the end of 2018Q1, valued at $359.90 million, up from 4.29 million at the end of the previous reported quarter. Blue Harbour Group Lp who had been investing in Xilinx Inc for a number of months, seems to be bullish on the $18.57B market cap company. The stock decreased 0.01% or $0.01 during the last trading session, reaching $73.43. About 1.31 million shares traded. Xilinx, Inc. (NASDAQ:XLNX) has risen 6.37% since August 9, 2017 and is uptrending. It has underperformed by 6.20% the S&P500.

More notable recent Xilinx, Inc. (NASDAQ:XLNX) news were published by: Seekingalpha.com which released: “Xilinx, Inc. 2019 Q1 – Results – Earnings Call Slides” on July 26, 2018, also Investorplace.com with their article: “5 Silicon Valley Stocks to Buy as Tech Juggernauts Roll On” published on August 07, 2018, Marketwatch.com published: “Charting a bullish technical tilt: S&P 500, Nasdaq rise within view of record territory” on August 07, 2018. More interesting news about Xilinx, Inc. (NASDAQ:XLNX) were released by: Fool.com and their article: “Why Xilinx, Inc. Stock Gained 10.4% in July” published on August 08, 2018 as well as Seekingalpha.com‘s news article titled: “Xilinx +9.8% on Q1 beat, upside guides” with publication date: July 25, 2018.

Xilinx, Inc. (NASDAQ:XLNX) Ratings Coverage

Among 8 analysts covering Xilinx (NASDAQ:XLNX), 4 have Buy rating, 2 Sell and 2 Hold. Therefore 50% are positive. Xilinx has $87 highest and $68 lowest target. $74.17’s average target is 1.01% above currents $73.43 stock price. Xilinx had 11 analyst reports since April 6, 2018 according to SRatingsIntel. JP Morgan maintained it with “Underweight” rating and $68 target in Wednesday, May 23 report. J.P. Morgan downgraded the stock to “Sell” rating in Friday, April 6 report. Nomura upgraded the stock to “Neutral” rating in Wednesday, May 9 report. The firm has “Overweight” rating by Morgan Stanley given on Thursday, July 26. On Thursday, July 26 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The rating was maintained by Macquarie Research on Thursday, April 26 with “Neutral”. The stock of Xilinx, Inc. (NASDAQ:XLNX) has “Buy” rating given on Thursday, July 26 by Rosenblatt. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Thursday, April 26. The stock of Xilinx, Inc. (NASDAQ:XLNX) earned “Buy” rating by Bank of America on Thursday, July 26. JP Morgan maintained the shares of XLNX in report on Thursday, April 26 with “Underweight” rating.

Xilinx, Inc. (NASDAQ:XLNX) Institutional Positions Chart

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