Kayne Anderson Capital Advisors LP Has Boosted Stake in Ares Cap (ARCC); As Xilinx (XLNX) Stock Value Declined, Shareholder Perigon Wealth Management Trimmed by $7.20 Million Its Position

June 17, 2018 - By Matt Maslow

Xilinx, Inc. (NASDAQ:XLNX) Logo

Perigon Wealth Management Llc decreased its stake in Xilinx Inc (XLNX) by 94.52% based on its latest 2018Q1 regulatory filing with the SEC. Perigon Wealth Management Llc sold 100,000 shares as the company’s stock declined 2.64% with the market. The institutional investor held 5,800 shares of the technology company at the end of 2018Q1, valued at $419,000, down from 105,800 at the end of the previous reported quarter. Perigon Wealth Management Llc who had been investing in Xilinx Inc for a number of months, seems to be less bullish one the $17.79 billion market cap company. The stock decreased 0.30% or $0.21 during the last trading session, reaching $70.22. About 2.27 million shares traded. Xilinx, Inc. (NASDAQ:XLNX) has risen 6.37% since June 17, 2017 and is uptrending. It has underperformed by 6.20% the S&P500. Some Historical XLNX News: 17/04/2018 – Xilinx Closes Above 200-Day Moving Average: Technicals; 06/03/2018 Abaco Announces High Performance 3U VPX FMC+ FPGA Carrier Featuring Xilinx Ultrascale+, Zynq Ultrascale+ Technology; 03/04/2018 – Abaco Announces Industry’s First 3U VPX Solution to Feature new Xilinx RF System-on-Chip Technology; 24/04/2018 – ANALOG DEVICES, XILINX GAIN AFTER TEXAS INSTRUMENTS’ REV. BEAT; 25/04/2018 – Xilinx: June Quarter Tax Rate Is Expected to Be Approximately 10% -14%; 02/04/2018 – Xilinx Closes Below 200-Day Moving Average: Technicals; 16/05/2018 – DEEP ECO: Xilinx May Benefit, Industry Posts 28th Straight Gain; 25/04/2018 – XILINX INC – SALES ARE EXPECTED TO BE APPROXIMATELY $660 – $690 MLN FOR JUNE QUARTER; 25/04/2018 – Xilinx: 1Q Operating Expenses Are Expected to Be Approximately $260 Million; 25/04/2018 – Xilinx 4Q Rev $673M

Kayne Anderson Capital Advisors Lp increased its stake in Ares Cap Corp (ARCC) by 72.46% based on its latest 2018Q1 regulatory filing with the SEC. Kayne Anderson Capital Advisors Lp bought 42,968 shares as the company’s stock rose 4.82% while stock markets declined. The hedge fund held 102,268 shares of the company at the end of 2018Q1, valued at $1.62 million, up from 59,300 at the end of the previous reported quarter. Kayne Anderson Capital Advisors Lp who had been investing in Ares Cap Corp for a number of months, seems to be bullish on the $7.14B market cap company. It closed at $16.74 lastly. It is down 0.18% since June 17, 2017 and is downtrending. It has underperformed by 12.75% the S&P500. Some Historical ARCC News: 28/05/2018 – HK Bourse: Announcement From Ares Asia Ltd; 08/05/2018 – S&PGR Assigns Ares XXXIR CLO Ltd. Notes Prelim Ratings; 28/03/2018 – Infra investor taps Ares EIF vet for U.S. push; 21/03/2018 – Apollo to Ares Among Surprise Winners in Congress’ Spending Bill; 22/03/2018 – Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc; 11/05/2018 – S&PGR Assigns Ares XLVIII CLO Ltd. Notes Preliminary Ratings; 02/04/2018 – ARCC TO DISCUSS PLAN FOR IMPLEMENTATION OF BDC LAW WITH BOARD; 23/03/2018 – BDCs win leverage cap increase after US$1.3trn budget signed; 02/05/2018 – Ares Capital 2Q Net $242M; 04/04/2018 – ARES CAPITAL CORP – ON MARCH 30, 2018, CO AMENDED AND RESTATED ITS SENIOR SECURED CREDIT FACILITY – SEC FILING

More news for Xilinx, Inc. (NASDAQ:XLNX) were recently published by: Investorplace.com, which released: “20 Nasdaq-100 Stocks That Will Heat Up 2H18” on June 15, 2018. Globenewswire.com‘s article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within PPL, The Travelers Companies, Xilinx, United …” and published on June 12, 2018 is yet another important article.

Analysts await Xilinx, Inc. (NASDAQ:XLNX) to report earnings on July, 25. They expect $0.73 earnings per share, up 15.87% or $0.10 from last year’s $0.63 per share. XLNX’s profit will be $184.98M for 24.05 P/E if the $0.73 EPS becomes a reality. After $0.77 actual earnings per share reported by Xilinx, Inc. for the previous quarter, Wall Street now forecasts -5.19% negative EPS growth.

Since January 17, 2018, it had 0 insider purchases, and 3 selling transactions for $3.27 million activity. Shares for $1.45 million were sold by Tong Vincent on Thursday, February 1. 20,000 shares were sold by GAVRIELOV MOSHE, worth $1.52M on Wednesday, January 17.

Among 25 analysts covering Xilinx Inc. (NASDAQ:XLNX), 8 have Buy rating, 3 Sell and 14 Hold. Therefore 32% are positive. Xilinx Inc. had 75 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was upgraded by Morgan Stanley to “Overweight” on Thursday, December 15. As per Thursday, January 25, the company rating was maintained by Rosenblatt. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Thursday, April 26 report. KeyBanc Capital Markets maintained the shares of XLNX in report on Tuesday, January 23 with “Buy” rating. Robert W. Baird downgraded the stock to “Neutral” rating in Wednesday, October 12 report. The stock of Xilinx, Inc. (NASDAQ:XLNX) has “Buy” rating given on Thursday, October 15 by Argus Research. The stock of Xilinx, Inc. (NASDAQ:XLNX) has “Buy” rating given on Monday, September 14 by Goldman Sachs. The rating was maintained by BMO Capital Markets on Monday, October 16 with “Buy”. The stock of Xilinx, Inc. (NASDAQ:XLNX) earned “Buy” rating by Credit Suisse on Thursday, January 25. The company was downgraded on Wednesday, February 3 by Goldman Sachs.

Perigon Wealth Management Llc, which manages about $877.20M and $271.45 million US Long portfolio, upped its stake in Salesforce Com (NYSE:CRM) by 6,675 shares to 23,020 shares, valued at $2.68M in 2018Q1, according to the filing. It also increased its holding in Ishares Barclays Tips Bd.Fd. (TIP) by 5,072 shares in the quarter, for a total of 7,637 shares, and has risen its stake in Apple (NASDAQ:AAPL).

Investors sentiment decreased to 1.12 in 2018 Q1. Its down 0.09, from 1.21 in 2017Q4. It dived, 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. Westpac Corporation invested 0% in Xilinx, Inc. (NASDAQ:XLNX). 69 are held by Cornerstone Advisors Inc. Whittier Com has 2,334 shares. Davis Selected Advisers reported 7,920 shares. Moreover, Cohen Steers has 0% invested in Xilinx, Inc. (NASDAQ:XLNX). Swiss Comml Bank reported 0.07% of its portfolio in Xilinx, Inc. (NASDAQ:XLNX). The Australia-based Commonwealth Bancorporation Of Aus has invested 0.01% in Xilinx, Inc. (NASDAQ:XLNX). Benjamin F Edwards Communications holds 12,549 shares or 0.09% of its portfolio. Peapack Gladstone Financial Corporation accumulated 3,535 shares. Panagora Asset Mgmt Inc has 25,455 shares for 0.01% of their portfolio. Suntrust Banks owns 0.02% invested in Xilinx, Inc. (NASDAQ:XLNX) for 32,664 shares. Cubist Systematic Strategies Ltd Company, a Connecticut-based fund reported 5,850 shares. Utd Fincl Advisers Ltd Liability Com holds 0.1% or 188,702 shares in its portfolio. Retirement Of Alabama reported 671,729 shares. Seaward Mgmt Partnership holds 3,832 shares or 0.01% of its portfolio.

Investors sentiment increased to 1.14 in 2018 Q1. Its up 0.22, from 0.92 in 2017Q4. It is positive, as 32 investors sold ARCC shares while 107 reduced holdings. 48 funds opened positions while 110 raised stakes. 161.27 million shares or 3.08% more from 156.46 million shares in 2017Q4 were reported. Moreover, Bw Gestao De Investimentos Ltda has 0.1% invested in Ares Capital Corporation (NASDAQ:ARCC). Evanson Asset Mngmt Limited Liability Company, California-based fund reported 18,880 shares. Segment Wealth Mngmt Lc reported 19,333 shares. 7,416 are held by Glenmede Na. Morgan Dempsey Capital Mngmt Ltd Llc reported 366,272 shares. Davenport & Limited Liability Company owns 0% invested in Ares Capital Corporation (NASDAQ:ARCC) for 118,713 shares. Alps Advsr has 0.05% invested in Ares Capital Corporation (NASDAQ:ARCC) for 376,475 shares. Maltese Cap Mngmt Limited Liability holds 830,000 shares or 0.9% of its portfolio. Boyd Watterson Asset Mngmt Limited Company Oh has invested 0.19% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Susquehanna Grp Limited Liability Partnership holds 0% in Ares Capital Corporation (NASDAQ:ARCC) or 408,857 shares. The Maine-based Schroder Inv Mngmt has invested 0.05% in Ares Capital Corporation (NASDAQ:ARCC). Advisory Incorporated owns 443,117 shares. Spectrum Mgmt Group reported 32 shares or 0% of all its holdings. Stelac Advisory Ser Lc holds 0.06% or 11,616 shares in its portfolio. Joel Isaacson Ltd Limited Liability Company stated it has 0.03% in Ares Capital Corporation (NASDAQ:ARCC).

Kayne Anderson Capital Advisors Lp, which manages about $18.02 billion and $7.00 billion US Long portfolio, decreased its stake in Macquarie Infrastructure Cor (NYSE:MIC) by 264,900 shares to 418,990 shares, valued at $15.47 million in 2018Q1, according to the filing. It also reduced its holding in Enbridge Inc (NYSE:ENB) by 119,100 shares in the quarter, leaving it with 1.43 million shares, and cut its stake in Noble Midstream Partners Lp.

Among 18 analysts covering Ares Capital (NASDAQ:ARCC), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. Ares Capital had 28 analyst reports since August 21, 2015 according to SRatingsIntel. Jefferies maintained Ares Capital Corporation (NASDAQ:ARCC) rating on Thursday, November 2. Jefferies has “Buy” rating and $19.5 target. The stock has “Buy” rating by Jefferies on Friday, September 22. UBS maintained the stock with “Buy” rating in Thursday, August 18 report. The rating was maintained by BMO Capital Markets on Friday, October 6 with “Hold”. The rating was maintained by JMP Securities with “Market Outperform” on Monday, June 4. The rating was maintained by BMO Capital Markets on Wednesday, May 31 with “Hold”. Keefe Bruyette & Woods maintained the shares of ARCC in report on Wednesday, June 14 with “Buy” rating. The stock of Ares Capital Corporation (NASDAQ:ARCC) earned “Buy” rating by DA Davidson on Wednesday, September 30. The company was maintained on Friday, November 3 by RBC Capital Markets. The firm has “Hold” rating given on Tuesday, November 14 by BMO Capital Markets.

More news for Ares Capital Corporation (NASDAQ:ARCC) were recently published by: Seekingalpha.com, which released: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” on May 30, 2018. Seekingalpha.com‘s article titled: “TCG BDC Inc.: 9% Dividend Yield With Upside For Rising Interest Rates” and published on June 01, 2018 is yet another important article.

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

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