Skyworks Solutions, Inc. (NASDAQ:SWKS) Shares Acquired by V Square Quantitative Management LLC

V Square Quantitative Management LLC grew its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 15.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,408 shares of the semiconductor manufacturer’s stock after acquiring an additional 460 shares during the period. V Square Quantitative Management LLC’s holdings in Skyworks Solutions were worth $302,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Erste Asset Management GmbH acquired a new position in shares of Skyworks Solutions in the third quarter worth $27,000. Golden State Wealth Management LLC purchased a new stake in shares of Skyworks Solutions during the 4th quarter worth $28,000. Investors Research Corp lifted its position in shares of Skyworks Solutions by 167.7% during the 3rd quarter. Investors Research Corp now owns 340 shares of the semiconductor manufacturer’s stock worth $34,000 after purchasing an additional 213 shares during the last quarter. Valley Wealth Managers Inc. purchased a new stake in shares of Skyworks Solutions during the 3rd quarter worth $40,000. Finally, Quest Partners LLC purchased a new stake in shares of Skyworks Solutions during the 3rd quarter worth $41,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on SWKS shares. Stifel Nicolaus cut shares of Skyworks Solutions from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $105.00 to $62.00 in a research report on Thursday, February 6th. JPMorgan Chase & Co. decreased their price objective on shares of Skyworks Solutions from $120.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, November 13th. Morgan Stanley decreased their price objective on shares of Skyworks Solutions from $87.00 to $72.00 and set an “equal weight” rating for the company in a research report on Thursday, February 6th. Citigroup lifted their price objective on shares of Skyworks Solutions from $72.00 to $84.00 and gave the stock a “sell” rating in a research report on Friday, January 10th. Finally, Craig Hallum reduced their price target on shares of Skyworks Solutions from $140.00 to $105.00 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Three investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Skyworks Solutions presently has a consensus rating of “Hold” and an average target price of $83.78.

Skyworks Solutions Trading Down 0.4 %

NASDAQ SWKS opened at $65.93 on Monday. The stock has a market capitalization of $10.60 billion, a P/E ratio of 20.22, a P/E/G ratio of 1.45 and a beta of 1.14. Skyworks Solutions, Inc. has a 52-week low of $62.01 and a 52-week high of $120.86. The firm has a 50-day moving average price of $86.73 and a 200 day moving average price of $93.11. The company has a quick ratio of 4.24, a current ratio of 5.94 and a debt-to-equity ratio of 0.16.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings results on Wednesday, February 5th. The semiconductor manufacturer reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.26). Skyworks Solutions had a return on equity of 12.60% and a net margin of 13.02%. Equities research analysts expect that Skyworks Solutions, Inc. will post 4.45 EPS for the current year.

Skyworks Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, February 24th will be issued a dividend of $0.70 per share. The ex-dividend date is Monday, February 24th. This represents a $2.80 annualized dividend and a yield of 4.25%. Skyworks Solutions’s dividend payout ratio is currently 85.89%.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.