Skyworks Solutions Inc (SWKS) : Taylor Wealth Management Partners scooped up 3,420 additional shares in Skyworks Solutions Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 73,545 shares of Skyworks Solutions Inc which is valued at $5,520,288.Skyworks Solutions Inc makes up approximately 2.62% of Taylor Wealth Management Partners’s portfolio.
Skyworks Solutions Inc closed down -0.32 points or -0.43% at $74.74 with 23,40,154 shares getting traded on Monday. Post opening the session at $74.4, the shares hit an intraday low of $73.9 and an intraday high of $75.21 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Other Hedge Funds, Including , Benjamin F. Edwards Company reduced its stake in SWKS by selling 450 shares or 76.14% in the most recent quarter. The Hedge Fund company now holds 141 shares of SWKS which is valued at $10,583. Bkd Wealth Advisors added SWKS to its portfolio by purchasing 2,565 company shares during the most recent quarter which is valued at $192,529. Skyworks Solutions Inc makes up approx 0.03% of Bkd Wealth Advisors’s portfolio.Juncture Wealth Strategies boosted its stake in SWKS in the latest quarter, The investment management firm added 3,255 additional shares and now holds a total of 11,923 shares of Skyworks Solutions Inc which is valued at $894,940. Skyworks Solutions Inc makes up approx 0.67% of Juncture Wealth Strategies’s portfolio.Chelsea Counsel Co reduced its stake in SWKS by selling 500 shares or 11.11% in the most recent quarter. The Hedge Fund company now holds 4,000 shares of SWKS which is valued at $304,280. Skyworks Solutions Inc makes up approx 0.09% of Chelsea Counsel Co’s portfolio.Chevy Chase Trust Holdings boosted its stake in SWKS in the latest quarter, The investment management firm added 3,911 additional shares and now holds a total of 162,518 shares of Skyworks Solutions Inc which is valued at $12,362,744. Skyworks Solutions Inc makes up approx 0.07% of Chevy Chase Trust Holdings’s portfolio.
On the company’s financial health, Skyworks Solutions Inc reported $1.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $1.58. The company had revenue of $926.80 million for the quarter, compared to analysts expectations of $920.03 million. The company’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 EPS.
Many Wall Street Analysts have commented on Skyworks Solutions Inc. Skyworks Solutions Inc was Downgraded by Raymond James to ” Outperform” on Apr 19, 2016. Cowen Initiated Skyworks Solutions Inc on Apr 18, 2016 to “Market Perform”, Price Target of the shares are set at $78.Skyworks Solutions Inc was Downgraded by Citigroup to ” Neutral” on Mar 29, 2016.
Skyworks Solutions Inc. is engaged in the production of analog semiconductors. The Company supports automotive broadband wireless infrastructure energy management Global Positioning System (GPS) industrial medical military wireless networking smartphone and tablet applications. The Company’s portfolio includes amplifiers attenuators circulators demodulators detectors diodes directional couplers front-end modules hybrids infrastructure radio frequency (RF) subsystems isolators lighting and display solutions mixers modulators optocouplers optoisolators phase shifters phase locked loops (PLLs) synthesizers voltage controlled oscillator power dividers (VCOs) power dividers/combiners power management devices receivers switches and technical ceramics. The Company’s products include Front-end Modules and Amplifiers Wireless Infrastructure Power Management Precision Analog Components WiFi Connectivity and Smart Energy.