Skyworks Solutions (SWKS) Stock Rose While Sigma Planning Cut Its Position by $2.40 Million; Franklin Resources (BEN) Holder Gallagher Fiduciary Advisors Cut Position by $1.97 Million

April 25, 2018 - By Linda Rogers

Skyworks Solutions, Inc. (NASDAQ:SWKS) Logo

Sigma Planning Corp decreased its stake in Skyworks Solutions Inc (SWKS) by 88.35% based on its latest 2017Q4 regulatory filing with the SEC. Sigma Planning Corp sold 25,574 shares as the company’s stock rose 4.58% while stock markets declined. The institutional investor held 3,372 shares of the technology company at the end of 2017Q4, valued at $320,000, down from 28,946 at the end of the previous reported quarter. Sigma Planning Corp who had been investing in Skyworks Solutions Inc for a number of months, seems to be less bullish one the $16.00 billion market cap company. The stock increased 0.05% or $0.04 during the last trading session, reaching $87.81. About 1.90M shares traded. Skyworks Solutions, Inc. (NASDAQ:SWKS) has risen 4.46% since April 25, 2017 and is uptrending. It has underperformed by 7.09% the S&P500.

Gallagher Fiduciary Advisors Llc decreased its stake in Franklin Resources Inc. (BEN) by 2.44% based on its latest 2017Q4 regulatory filing with the SEC. Gallagher Fiduciary Advisors Llc sold 45,737 shares as the company’s stock declined 14.35% with the market. The institutional investor held 1.83M shares of the finance company at the end of 2017Q4, valued at $79.08 million, down from 1.87M at the end of the previous reported quarter. Gallagher Fiduciary Advisors Llc who had been investing in Franklin Resources Inc. for a number of months, seems to be less bullish one the $18.19B market cap company. The stock increased 0.81% or $0.27 during the last trading session, reaching $33.58. About 3.70M shares traded. Franklin Resources, Inc. (NYSE:BEN) has declined 8.47% since April 25, 2017 and is downtrending. It has underperformed by 20.02% the S&P500.

Since October 30, 2017, it had 0 insider buys, and 2 insider sales for $4.61 million activity.

Analysts await Franklin Resources, Inc. (NYSE:BEN) to report earnings on April, 26 before the open. They expect $0.75 earnings per share, up 1.35% or $0.01 from last year’s $0.74 per share. BEN’s profit will be $406.27 million for 11.19 P/E if the $0.75 EPS becomes a reality. After $0.88 actual earnings per share reported by Franklin Resources, Inc. for the previous quarter, Wall Street now forecasts -14.77% negative EPS growth.

Investors sentiment increased to 0.85 in 2017 Q4. Its up 0.01, from 0.84 in 2017Q3. It is positive, as 34 investors sold BEN shares while 195 reduced holdings. 61 funds opened positions while 133 raised stakes. 247.49 million shares or 3.08% more from 240.11 million shares in 2017Q3 were reported. Folger Nolan Fleming Douglas Capital Management reported 23,219 shares stake. Ingalls Snyder Ltd Liability Corp invested 0.06% of its portfolio in Franklin Resources, Inc. (NYSE:BEN). Peak6 Invs Ltd Partnership invested 0% of its portfolio in Franklin Resources, Inc. (NYSE:BEN). Sentry Invs Corporation, Ontario – Canada-based fund reported 34,800 shares. Polaris Greystone Finance Gp Limited Com invested in 6,204 shares or 0.02% of the stock. First Interstate Bancshares holds 57 shares or 0% of its portfolio. First Manhattan stated it has 0.11% of its portfolio in Franklin Resources, Inc. (NYSE:BEN). 8,148 are held by Advisor Prtnrs Lc. Moreover, Arrowmark Colorado Hldgs Ltd Llc has 0.01% invested in Franklin Resources, Inc. (NYSE:BEN). Nordea Inv owns 1.72M shares. Associated Banc invested in 39,200 shares. Mason Street Advsr Limited Liability Company holds 0.05% or 45,522 shares in its portfolio. Rk Asset Mngmt Ltd Liability Corporation reported 6.29% stake. 6.52M are held by Kiltearn Prtn Ltd Liability Partnership. Tiaa Cref Mgmt Lc accumulated 0.02% or 572,363 shares.

Among 16 analysts covering Franklin Resources Inc. (NYSE:BEN), 0 have Buy rating, 4 Sell and 12 Hold. Therefore 0 are positive. Franklin Resources Inc. had 96 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Franklin Resources, Inc. (NYSE:BEN) earned “Neutral” rating by Citigroup on Friday, October 27. Jefferies maintained Franklin Resources, Inc. (NYSE:BEN) on Monday, July 11 with “Hold” rating. The firm has “Neutral” rating by UBS given on Thursday, November 10. As per Wednesday, November 9, the company rating was upgraded by Bank of America. Jefferies maintained Franklin Resources, Inc. (NYSE:BEN) rating on Thursday, August 17. Jefferies has “Hold” rating and $44.0 target. The rating was maintained by Standpoint Research on Sunday, August 9 with “Hold”. As per Friday, July 29, the company rating was maintained by Citigroup. Keefe Bruyette & Woods maintained Franklin Resources, Inc. (NYSE:BEN) rating on Thursday, June 1. Keefe Bruyette & Woods has “Hold” rating and $4700 target. The company was maintained on Thursday, June 9 by Citigroup. The rating was maintained by Deutsche Bank on Thursday, March 17 with “Hold”.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.10, from 1.09 in 2017Q3. It fall, as 55 investors sold SWKS shares while 222 reduced holdings. 65 funds opened positions while 208 raised stakes. 142.96 million shares or 2.36% less from 146.42 million shares in 2017Q3 were reported. Gateway Advisers Lc owns 170,791 shares. First Allied Advisory Svcs Inc invested 0.07% in Skyworks Solutions, Inc. (NASDAQ:SWKS). 5,025 are owned by Boston Family Office Lc. State Treasurer State Of Michigan reported 0.04% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Twin Tree Mgmt LP reported 10,034 shares. Toronto Dominion Commercial Bank has 79,148 shares for 0.02% of their portfolio. Hollencrest Cap Management invested 0.03% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Moreover, Chesley Taft & has 0.13% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 15,990 shares. Farmers & Merchants Invs Inc reported 0% stake. Lord Abbett & Limited Liability Company holds 0.02% in Skyworks Solutions, Inc. (NASDAQ:SWKS) or 75,706 shares. Mitsubishi Ufj Tru And owns 377,785 shares or 0.06% of their US portfolio. Norinchukin National Bank & Trust The has invested 0.03% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Hightower Advsr Ltd Liability Corp holds 0.06% or 76,616 shares in its portfolio. Texas Permanent School Fund reported 50,160 shares or 0.06% of all its holdings. Renaissance Ltd Liability Co invested in 1.15% or 358,025 shares.

Analysts await Skyworks Solutions, Inc. (NASDAQ:SWKS) to report earnings on April, 26. They expect $1.46 earnings per share, up 9.77% or $0.13 from last year’s $1.33 per share. SWKS’s profit will be $265.96M for 15.04 P/E if the $1.46 EPS becomes a reality. After $1.86 actual earnings per share reported by Skyworks Solutions, Inc. for the previous quarter, Wall Street now forecasts -21.51% negative EPS growth.

Since December 13, 2017, it had 0 insider purchases, and 8 insider sales for $13.45 million activity. 15,059 shares were sold by GRIFFIN LIAM, worth $1.43M. 30,000 shares were sold by ALDRICH DAVID J, worth $3.18M on Tuesday, February 20.

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

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