Universal Beteiligungs und Servicegesellschaft mbH Lowers Stock Holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS)

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 4.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 213,490 shares of the semiconductor manufacturer's stock after selling 10,797 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.14% of Skyworks Solutions worth $13,798,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of SWKS. Legacy Financial Advisors Inc. raised its stake in Skyworks Solutions by 2.5% in the fourth quarter. Legacy Financial Advisors Inc. now owns 6,383 shares of the semiconductor manufacturer's stock valued at $566,000 after buying an additional 156 shares during the period. Motley Fool Asset Management LLC grew its position in shares of Skyworks Solutions by 7.5% in the fourth quarter. Motley Fool Asset Management LLC now owns 2,355 shares of the semiconductor manufacturer's stock valued at $209,000 after purchasing an additional 165 shares during the last quarter. PAX Financial Group LLC grew its position in shares of Skyworks Solutions by 0.8% in the fourth quarter. PAX Financial Group LLC now owns 21,979 shares of the semiconductor manufacturer's stock valued at $1,949,000 after purchasing an additional 168 shares during the last quarter. Albert D Mason Inc. grew its position in shares of Skyworks Solutions by 1.8% in the first quarter. Albert D Mason Inc. now owns 12,245 shares of the semiconductor manufacturer's stock valued at $791,000 after purchasing an additional 215 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its position in shares of Skyworks Solutions by 53.2% in the fourth quarter. Quadrant Capital Group LLC now owns 628 shares of the semiconductor manufacturer's stock valued at $56,000 after purchasing an additional 218 shares during the last quarter. Institutional investors own 85.43% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on SWKS. JPMorgan Chase & Co. reduced their price target on Skyworks Solutions from $70.00 to $66.00 and set a "neutral" rating on the stock in a research report on Thursday, May 8th. Barclays increased their price target on Skyworks Solutions from $45.00 to $52.00 and gave the stock an "underweight" rating in a research report on Thursday, May 8th. The Goldman Sachs Group started coverage on Skyworks Solutions in a research report on Thursday, July 10th. They set a "sell" rating and a $70.00 price target on the stock. Mizuho upped their target price on Skyworks Solutions from $72.00 to $75.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 1st. Finally, Needham & Company LLC restated a "hold" rating on shares of Skyworks Solutions in a research note on Thursday, May 8th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $78.18.

Skyworks Solutions Stock Up 0.1%

Shares of SWKS stock traded up $0.04 during trading hours on Monday, hitting $71.57. 336,326 shares of the company's stock traded hands, compared to its average volume of 3,521,564. The stock's fifty day simple moving average is $72.96 and its two-hundred day simple moving average is $70.91. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $120.07. The stock has a market cap of $10.74 billion, a price-to-earnings ratio of 28.09, a PEG ratio of 1.79 and a beta of 1.17. The company has a quick ratio of 3.84, a current ratio of 4.95 and a debt-to-equity ratio of 0.17.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The semiconductor manufacturer reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.04. The company had revenue of $953.20 million during the quarter, compared to the consensus estimate of $951.50 million. Skyworks Solutions had a net margin of 10.43% and a return on equity of 11.53%. The firm's quarterly revenue was down 8.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.55 earnings per share. On average, analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 17th. Shareholders of record on Tuesday, May 27th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date was Tuesday, May 27th. Skyworks Solutions's dividend payout ratio (DPR) is presently 109.80%.

Skyworks Solutions 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.