Morgan Stanley Raises Rating of Skyworks Solutions (NASDAQ:SWKS) To a “Hold”

Skyworks Solutions, Inc. (NASDAQ:SWKS) Logo

Investors sentiment decreased to 0.76 in Q2 2018. Its down 0.01, from 0.77 in 2018Q1. It is negative, as 55 investors sold Skyworks Solutions, Inc. shares while 229 reduced holdings. 54 funds opened positions while 162 raised stakes. 139.62 million shares or 0.72% less from 140.64 million shares in 2018Q1 were reported.

United Cap Financial Advisers Limited Co reported 62,956 shares or 0.05% of all its holdings. Orrstown Fincl has invested 1.55% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Mutual Of America Cap Management Limited Liability Company accumulated 30,510 shares. 6,780 were reported by Ameritas Investment Prtn. Assetmark has invested 0.08% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Parallax Volatility Advisers L P reported 2,591 shares or 0% of all its holdings. Oregon Employees Retirement Fund stated it has 43,542 shares. Letko Brosseau Associate has 0.08% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS). Nomura Asset Mngmt holds 0.04% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 36,648 shares. Montag A & Assocs reported 7,877 shares or 0.08% of all its holdings. Qci Asset Mgmt owns 50 shares. Apriem Advsrs has 0.02% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 850 shares. Winslow Capital Mngmt invested 0% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Diversified Trust Com reported 16,547 shares stake. Da Davidson & accumulated 16,658 shares.

Since July 27, 2018, it had 0 insider purchases, and 7 insider sales for $4.09 million activity.

Skyworks Solutions (NASDAQ:SWKS) Stock Upgrade

Skyworks Solutions (NASDAQ:SWKS) shares were raised by Morgan Stanley to a “Hold” rating in a research note revealed to investors on Wednesday, 28 November.

Skyworks Solutions, Inc. (NASDAQ:SWKS) Ratings Coverage

Among 9 analysts covering Skyworks Solutions (NASDAQ:SWKS), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Skyworks Solutions has $130 highest and $75 lowest target. $95.57’s average target is 31.33% above currents $72.77 stock price. Skyworks Solutions had 14 analyst reports since June 15, 2018 according to SRatingsIntel. The stock of Skyworks Solutions, Inc. (NASDAQ:SWKS) has “Neutral” rating given on Friday, November 9 by FBR Capital. As per Monday, August 6, the company rating was maintained by Morgan Stanley. Morgan Stanley upgraded it to “Equal-Weight” rating and $76 target in Wednesday, November 28 report. Citigroup downgraded the stock to “Neutral” rating in Monday, November 12 report. The rating was downgraded by Bank of America on Tuesday, November 20 to “Underperform”. Bank of America downgraded Skyworks Solutions, Inc. (NASDAQ:SWKS) on Friday, November 9 to “Neutral” rating. FBR Capital maintained the stock with “Buy” rating in Friday, July 20 report. Morgan Stanley maintained the shares of SWKS in report on Wednesday, October 3 with “Underweight” rating. Barclays Capital maintained Skyworks Solutions, Inc. (NASDAQ:SWKS) rating on Tuesday, October 23. Barclays Capital has “Overweight” rating and $105 target. On Friday, November 9 the stock rating was downgraded by Charter Equity to “Market Perform”.

The stock increased 2.16% or $1.54 during the last trading session, reaching $72.77. About 2.88 million shares traded or 24.45% up from the average. Skyworks Solutions, Inc. (NASDAQ:SWKS) has declined 21.05% since December 2, 2017 and is downtrending. It has underperformed by 36.67% the S&P500.

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, makes, and markets proprietary semiconductor products, including intellectual property worldwide. The company has market cap of $12.92 billion. The Company’s product portfolio includes amplifiers, attenuators, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase shifters, phase locked loops, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators. It has a 14.52 P/E ratio. The firm provides its products for automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet, and wearable applications.

More notable recent Skyworks Solutions, Inc. (NASDAQ:SWKS) news were published by: Ocbj.com which released: “Midday Stock Roundup – Orange County Business Journal” on November 09, 2018, also Streetinsider.com with their article: “Skyworks Solutions (SWKS) PT Lowered to $80 at Cowen – StreetInsider.com” published on November 29, 2018, Nasdaq.com published: “Earnings Reaction History: Skyworks Solutions, Inc., 60.0% Follow-Through Indicator, 5.8% Sensitive – Nasdaq” on November 08, 2018. More interesting news about Skyworks Solutions, Inc. (NASDAQ:SWKS) were released by: Streetinsider.com and their article: “Skyworks Solutions (SWKS) PT Lowered to $99 at Needham & Company – StreetInsider.com” published on November 09, 2018 as well as Benzinga.com‘s news article titled: “Analyst: Skyworks Could Be Culprit Behind Apple’s iPhone Production Cuts (AAPL)(SWKS) – Benzinga” with publication date: November 07, 2018.

Skyworks Solutions, Inc. (NASDAQ:SWKS) Institutional Positions Chart

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