Published: Tue, January 30, 2018
Business | By Kate Woods

Sheets Smith Wealth Management Lowers Stake in Skyworks Solutions, Inc. (SWKS)


Westover Capital Advisors Llc decreased its stake in Amerisourcebergen Corp (ABC) by 36.17% based on its latest 2017Q3 regulatory filing with the SEC. Warren Averett Asset Mngmt Ltd Liability Co owns 7,150 shares or 0.16% of their USA portfolio. Krilogy Financial LLC now owns 2,726 shares of the semiconductor manufacturer's stock valued at $262,000 after acquiring an additional 50 shares in the last quarter. Brink's Co. now has $4.35B valuation. The overall volume in the last trading session was 2.69 million shares. About 206,732 shares traded. It has outperformed by 6.63% the S&P500. The institutional investor owned 2,225 shares of the semiconductor manufacturer's stock after selling 120 shares during the period. Polianta Ltd now owns 12,300 shares of the semiconductor manufacturer's stock valued at $1,167,000 after purchasing an additional 1,000 shares during the last quarter.

The stock decreased 1.87% or GBX 5.6 during the last trading session, reaching GBX 294.2. (NASDAQ:SWKS). Roanoke Asset Ny holds 0.67% of its portfolio in Skyworks Solutions, Inc. It has outperformed by 48.70% the S&P500.

Majedie Asset Management Ltd increased Booz Allen Hamilton Hldg Cor (NYSE:BAH) stake by 15,801 shares to 332,258 valued at $12.42 million in 2017Q3. Greenwich Investment Management Inc. owns 108,689 shares or 5.56% of their USA portfolio. E Trade Financial Corp (NASDAQ:ETFC) was reduced too.

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Investors sentiment increased to 1.09 in 2017 Q3.

Other hedge funds have also recently bought and sold shares of the company. 63 funds opened positions while 214 raised stakes. 130,918 shares or 1.96% more from 128,404 shares in 2017Q2 were reported. Research Global Invsts has 23.05M shares for 0.71% of their portfolio. Princeton Capital Management Inc, a New Jersey-based fund reported 34,952 shares. (NASDAQ:SWKS). Alphaone Invest Ltd Co holds 0.14% or 5,320 shares in its portfolio. The Kansas-based Creative Planning has invested 0.02% in Skyworks Solutions, Inc. Finally, Craig Hallum reaffirmed a "buy" rating on shares of Skyworks Solutions in a research report on Thursday, September 21st. Skyworks Solutions, Inc. (NASDAQ:SWKS), at its latest closing price of $97.35, it has a price-to-book ratio of 4.38, compared to an industry average at 2.83. State Street Corp increased its stake in Skyworks Solutions by 0.5% in the first quarter. State Treasurer State Of Michigan has invested 0.05% of its portfolio in Skyworks Solutions, Inc. Skyworks Solutions earned a news sentiment score of 0.08 on Accern's scale. (NASDAQ:SWKS). 542,917 were reported by Parametric Portfolio Associates Ltd. Bank of America boosted their target price on Skyworks Solutions from $120.00 to $125.00 in a report on Tuesday, November 7th.

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Since August 29, 2017, it had 0 insider purchases, and 6 sales for $4.99 million activity. Shares for $784,680 were sold by GAMMEL PETER L. Another trade for 3,705 shares valued at $395,768 was sold by KING CHRISTINE. 112,083 shares were sold by REDD WILLIAM D, worth $1.86M. After a recent check, the 14-day RSIfor Skyworks Solutions (SWKS) is now at 44.14, the 7-day stands at 41.92, and the 3-day is sitting at 43.54. Eos Management Lp sold 160,000 shares as the company's stock rose 10.32% with the market.

Among 36 analysts covering Skyworks Solutions Inc. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and twenty-one have given a buy rating to the company's stock. Therefore 67% are positive. Skyworks Solutions Inc. had 98 analyst reports since July 27, 2015 according to SRatingsIntel.

A number of analysts have recently issued reports on SWKS shares. The firm has "Underperform" rating given on Wednesday, May 25 by CLSA. (NYSE:TWO) on Tuesday, September 6 to "Mkt Perform" rating. The rating was initiated by Citigroup with "Buy" on Thursday, October 1. The rating was maintained by Drexel Hamilton with "Buy" on Friday, January 29. The company was maintained on Sunday, November 5 by Robert W. Baird. The firm has "Buy" rating given on Friday, July 21 by Needham. Moreover, Menta Capital Limited Liability has 0.08% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) on Sunday, October 8 with "Buy" rating. Its up 0.12, from 0.97 in 2017Q2. It improved, as 15 investors sold BDN shares while 71 reduced holdings. 14 funds opened positions while 32 raised stakes. 146.42 million shares or 0.03% less from 146.46 million shares in 2017Q2 were reported. Fuller Thaler Asset Mngmt reported 1.07% in The Brink's Company (NYSE:BCO). Alphamark Advsrs Lc has 17,375 shares for 0.52% of their portfolio. Metropolitan Life Ins accumulated 12,240 shares. Pensionfund Dsm Netherlands owns 41,500 shares for 0.63% of their portfolio. Anchor Cap Advsr Limited Liability Corporation invested 0.01% of its portfolio in Brandywine Realty Trust (NYSE:BDN). Ls Invest Llc holds 3,999 shares. Vision Cap Mngmt reported 17,751 shares stake. Bnp Paribas Arbitrage Sa has invested 0.03% in The Brink's Company (NYSE:BCO). Shares for $1.04 million were sold by Marshall McAlister C II. Zacks Investment Research downgraded shares of Skyworks Solutions from a "hold" rating to a "sell" rating in a report on Wednesday, January 10th. Therefore 50% are positive. 4,725 were reported by Cleararc Cap. The company was maintained on Thursday, December 1 by N+1 Singer. The firm has "Buy" rating by Imperial Capital given on Wednesday, August 9. Canaccord Genuity reiterated a buy rating and issued a $115.00 target price on shares of Skyworks Solutions in a research note on Wednesday, January 24th. The rating was maintained by Oppenheimer with "Outperform" on Tuesday, August 4. (NYSE:TWO) to report earnings on February, 5. They expect $1.05 earnings per share, down 4.55% or $0.05 from last year's $1.1 per share. ABC's profit will be $292.80M for 19.71 P/E if the $1.34 EPS becomes a reality. After $1.08 actual earnings per share reported by Welltower Inc. for the previous quarter, Wall Street now forecasts -2.78% negative EPS growth. It also reduced Astrazeneca Plc (NYSE:AZN) stake by 18,815 shares and now owns 102,885 shares.

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