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Deutsche Bank AG Has $56.05 Million Stake in Skyworks Solutions, Inc. (NASDAQ:SWKS)

… /DC converters, demodulators, detectors, diodes, wireless analog system on chip … , filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers …

Post Republished By Alfonso Hilsaca Eljadue (.com)

Turco Hilsaca, del Cristo Hilsaca

Deutsche Bank AG lifted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKSGet Rating) by 9.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 605,041 shares of the semiconductor manufacturer’s stock after buying an additional 50,251 shares during the quarter. Deutsche Bank AG owned about 0.38% of Skyworks Solutions worth $56,052,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Nicollet Investment Management Inc. lifted its stake in Skyworks Solutions by 1.6% during the 2nd quarter. Nicollet Investment Management Inc. now owns 7,048 shares of the semiconductor manufacturer’s stock valued at $653,000 after acquiring an additional 108 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Skyworks Solutions by 28.4% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 15,085 shares of the semiconductor manufacturer’s stock valued at $1,397,000 after acquiring an additional 3,332 shares in the last quarter. Wagner Wealth Management LLC bought a new position in Skyworks Solutions during the 2nd quarter valued at $94,000. AIA Group Ltd lifted its stake in Skyworks Solutions by 20.5% during the 2nd quarter. AIA Group Ltd now owns 4,765 shares of the semiconductor manufacturer’s stock valued at $441,000 after acquiring an additional 810 shares in the last quarter. Finally, Sigma Planning Corp lifted its stake in Skyworks Solutions by 10.9% during the 2nd quarter. Sigma Planning Corp now owns 7,479 shares of the semiconductor manufacturer’s stock valued at $693,000 after acquiring an additional 733 shares in the last quarter. Institutional investors and hedge funds own 74.61% of the company’s stock.

Skyworks Solutions Price Performance

SWKS opened at $94.18 on Wednesday. The stock has a fifty day simple moving average of $89.54 and a two-hundred day simple moving average of $97.82. The company has a current ratio of 2.31, a quick ratio of 1.34 and a debt-to-equity ratio of 0.40. The company has a market cap of $15.11 billion, a price-to-earnings ratio of 12.07, a price-to-earnings-growth ratio of 0.69 and a beta of 1.18. Skyworks Solutions, Inc. has a 12-month low of $76.16 and a 12-month high of $164.47.

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 13th. Shareholders of record on Tuesday, November 22nd will be issued a $0.62 dividend. The ex-dividend date is Monday, November 21st. This represents a $2.48 dividend on an annualized basis and a yield of 2.63%. Skyworks Solutions’s dividend payout ratio (DPR) is 31.79%.

Analyst Ratings Changes

A number of research firms have recently commented on SWKS. Needham & Company LLC lowered their target price on Skyworks Solutions from $125.00 to $110.00 in a research note on Tuesday, October 25th. Exane BNP Paribas began coverage on Skyworks Solutions in a research note on Tuesday, September 13th. They set an “outperform” rating on the stock. StockNews.com initiated coverage on Skyworks Solutions in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. Craig Hallum lowered their price objective on Skyworks Solutions from $160.00 to $120.00 in a research note on Friday, November 4th. Finally, Raymond James reduced their target price on Skyworks Solutions from $150.00 to $110.00 and set an “outperform” rating for the company in a report on Friday, November 4th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $115.45.

Skyworks Solutions Profile

(Get Rating)

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, circulators/isolators, 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, receivers, switches, synthesizers, timing devices, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators.

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

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