Trilogy Capital Inc. Decreases Holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS)

Trilogy Capital Inc. cut its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 70.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,799 shares of the semiconductor manufacturer's stock after selling 18,695 shares during the quarter. Trilogy Capital Inc.'s holdings in Skyworks Solutions were worth $692,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SWKS. Sanctuary Advisors LLC acquired a new position in Skyworks Solutions in the second quarter valued at approximately $1,122,000. Czech National Bank raised its position in shares of Skyworks Solutions by 6.4% during the third quarter. Czech National Bank now owns 32,535 shares of the semiconductor manufacturer's stock worth $3,213,000 after purchasing an additional 1,961 shares during the period. GAMMA Investing LLC raised its position in shares of Skyworks Solutions by 17.3% during the third quarter. GAMMA Investing LLC now owns 3,664 shares of the semiconductor manufacturer's stock worth $362,000 after purchasing an additional 540 shares during the period. Brookstone Capital Management acquired a new position in shares of Skyworks Solutions during the third quarter worth approximately $231,000. Finally, CWM LLC raised its position in shares of Skyworks Solutions by 20.2% during the third quarter. CWM LLC now owns 8,195 shares of the semiconductor manufacturer's stock worth $809,000 after purchasing an additional 1,375 shares during the period. 85.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SWKS. JPMorgan Chase & Co. lowered their target price on Skyworks Solutions from $120.00 to $100.00 and set a "neutral" rating on the stock in a research report on Wednesday, November 13th. Bank of America lowered their target price on Skyworks Solutions from $88.00 to $60.00 and set an "underperform" rating on the stock in a research report on Thursday. Loop Capital assumed coverage on Skyworks Solutions in a research report on Monday, November 11th. They issued a "hold" rating and a $90.00 price target for the company. Mizuho lowered Skyworks Solutions from an "outperform" rating to a "neutral" rating and lowered their price target for the company from $105.00 to $62.00 in a research report on Thursday. Finally, Argus lowered Skyworks Solutions from a "buy" rating to a "hold" rating in a research report on Monday. Three investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $83.78.

Skyworks Solutions Price Performance

SWKS traded down $0.38 during trading on Monday, reaching $65.31. 2,253,623 shares of the company were exchanged, compared to its average volume of 3,398,410. The company's 50-day moving average is $88.93 and its two-hundred day moving average is $94.86. The company has a market cap of $10.50 billion, a price-to-earnings ratio of 20.01, a P/E/G ratio of 1.45 and a beta of 1.14. 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, Inc. has a 12-month low of $62.01 and a 12-month high of $120.86.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The semiconductor manufacturer reported $1.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.57 by ($0.26). Skyworks Solutions had a return on equity of 12.60% and a net margin of 13.02%. Research analysts forecast that Skyworks Solutions, Inc. will post 4.45 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 4.29%. Skyworks Solutions's dividend payout ratio (DPR) is 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.