Skyworks Solutions, Inc. (SWKS) is Winslow Asset Management Inc.’s 9th Largest Position

Winslow Asset Management Inc. cut its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 136,387 shares of the semiconductor manufacturer’s stock after selling 2,101 shares during the period. Skyworks Solutions makes up 2.4% of Winslow Asset Management Inc.’s holdings, making the stock its 9th largest position. Winslow Asset Management Inc. owned approximately 0.07% of Skyworks Solutions worth $12,950,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Krilogy Financial LLC boosted its stake in Skyworks Solutions by 1.9% in the 2nd quarter. Krilogy Financial LLC now owns 2,726 shares of the semiconductor manufacturer’s stock worth $262,000 after purchasing an additional 50 shares during the period. Stephens Inc. AR boosted its stake in shares of Skyworks Solutions by 2.9% during the 2nd quarter. Stephens Inc. AR now owns 3,456 shares of the semiconductor manufacturer’s stock worth $332,000 after buying an additional 98 shares during the last quarter. Zacks Investment Management boosted its stake in shares of Skyworks Solutions by 1.3% during the 2nd quarter. Zacks Investment Management now owns 9,377 shares of the semiconductor manufacturer’s stock worth $900,000 after buying an additional 121 shares during the last quarter. Thrivent Financial For Lutherans boosted its stake in shares of Skyworks Solutions by 2.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 6,960 shares of the semiconductor manufacturer’s stock worth $668,000 after buying an additional 170 shares during the last quarter. Finally, WFG Advisors LP boosted its stake in shares of Skyworks Solutions by 14.8% during the 2nd quarter. WFG Advisors LP now owns 1,326 shares of the semiconductor manufacturer’s stock worth $127,000 after buying an additional 171 shares during the last quarter. 81.55% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have recently commented on SWKS shares. Bank of America increased their price objective on shares of Skyworks Solutions from $120.00 to $125.00 in a research note on Tuesday, November 7th. Needham & Company LLC restated a “buy” rating and set a $110.00 price objective on shares of Skyworks Solutions in a research note on Sunday, September 17th. Craig Hallum restated a “buy” rating on shares of Skyworks Solutions in a research note on Wednesday, September 13th. Mizuho restated a “buy” rating and set a $120.00 price objective on shares of Skyworks Solutions in a research note on Monday, October 9th. Finally, Instinet restated a “buy” rating and set a $115.00 price objective on shares of Skyworks Solutions in a research note on Tuesday, September 26th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Skyworks Solutions presently has an average rating of “Buy” and an average price target of $116.09.

Shares of Skyworks Solutions, Inc. (NASDAQ SWKS) traded up $1.32 during trading hours on Thursday, reaching $99.92. 1,580,000 shares of the company traded hands, compared to its average volume of 2,460,000. Skyworks Solutions, Inc. has a twelve month low of $74.67 and a twelve month high of $117.65. The firm has a market cap of $18,360.00, a P/E ratio of 18.47, a P/E/G ratio of 1.01 and a beta of 0.83.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Tuesday, November 21st were paid a $0.32 dividend. The ex-dividend date was Monday, November 20th. This represents a $1.28 annualized dividend and a yield of 1.28%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 23.66%.

In other Skyworks Solutions news, SVP Robert John Terry sold 7,986 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $110.32, for a total value of $881,015.52. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Liam Griffin sold 12,141 shares of the stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $110.95, for a total transaction of $1,347,043.95. Following the completion of the transaction, the chief executive officer now directly owns 49,514 shares in the company, valued at $5,493,578.30. The disclosure for this sale can be found here. Insiders sold a total of 161,864 shares of company stock valued at $17,246,539 over the last quarter. 0.49% of the stock is currently owned by company insiders.

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Skyworks Solutions Company Profile

Skyworks Solutions Inc designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.

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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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