S&T Bank Cut Position in Skyworks Solutions (SWKS) by $919,885; Beaconlight Capital Has Boosted Its Wpx Energy (WPX) Stake by $4.68 Million

December 8, 2017 - By Clifton Ray

S&T Bank decreased its stake in Skyworks Solutions Inc (SWKS) by 7.14% based on its latest 2017Q2 regulatory filing with the SEC. S&T Bank sold 9,683 shares as the company’s stock rose 7.80% with the market. The institutional investor held 125,941 shares of the technology company at the end of 2017Q2, valued at $12.08 million, down from 135,624 at the end of the previous reported quarter. S&T Bank who had been investing in Skyworks Solutions Inc for a number of months, seems to be less bullish one the $17.76 billion market cap company. The stock increased 0.22% or $0.21 during the last trading session, reaching $96.68. About 3.58M shares traded or 75.76% up from the average. Skyworks Solutions, Inc. (NASDAQ:SWKS) has risen 65.40% since December 8, 2016 and is uptrending. It has outperformed by 48.70% the S&P500.

Ed Bosek increased its stake in Wpx Energy Inc (WPX) by 67.59% based on its latest 2017Q2 regulatory filing with the SEC. Beaconlight Capital Llc bought 520,359 shares as the company’s stock declined 6.43% while stock markets rallied. The hedge fund run by Ed Bosek held 1.29 million shares of the energy company at the end of 2017Q2, valued at $12.46M, up from 769,876 at the end of the previous reported quarter. Beaconlight Capital Llc who had been investing in Wpx Energy Inc for a number of months, seems to be bullish on the $5.03B market cap company. The stock increased 2.02% or $0.25 during the last trading session, reaching $12.64. About 5.01M shares traded. WPX Energy, Inc. (NYSE:WPX) has risen 29.74% since December 8, 2016 and is uptrending. It has outperformed by 13.04% the S&P500.

S&T Bank, which manages about $550.27M US Long portfolio, upped its stake in Ishares Tr (IJR) by 25,566 shares to 65,292 shares, valued at $4.58 million in 2017Q2, according to the filing. It also increased its holding in Pra Group Inc (NASDAQ:PRAA) by 24,446 shares in the quarter, for a total of 481,525 shares, and has risen its stake in Vanguard Index Fds (VO).

Investors sentiment decreased to 0.97 in Q2 2017. Its down 0.03, from 1 in 2017Q1. It turned negative, as 42 investors sold SWKS shares while 240 reduced holdings. 80 funds opened positions while 193 raised stakes. 146.46 million shares or 0.78% less from 147.62 million shares in 2017Q1 were reported. Exxonmobil Investment Mngmt Inc Tx invested 0.08% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Airain has invested 0.39% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Cetera Advsrs Ltd owns 5,447 shares or 0.03% of their US portfolio. Nj State Employees Deferred Compensation Plan invested in 0.11% or 6,318 shares. Cetera Advisor Limited Liability Co holds 9,757 shares or 0.04% of its portfolio. Perritt Capital Management has invested 0.23% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Fulton Bank Na invested in 0.14% or 19,082 shares. New Mexico Educational Retirement Board holds 17,200 shares. Lodestar Inv Counsel Llc Il owns 6,300 shares. Btc has 0.04% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 2,192 shares. Apg Asset Management Nv accumulated 0.18% or 1.04 million shares. Meiji Yasuda Asset Mgmt Limited owns 5,590 shares or 0.05% of their US portfolio. Moreover, First Business Serv has 0.08% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS). Barclays Public Ltd has invested 0.02% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Invesco Ltd holds 0.06% in Skyworks Solutions, Inc. (NASDAQ:SWKS) or 2.02M shares.

Among 34 analysts covering Skyworks Solutions Inc. (NASDAQ:SWKS), 28 have Buy rating, 1 Sell and 5 Hold. Therefore 82% are positive. Skyworks Solutions Inc. has $132 highest and $61 lowest target. $109.38’s average target is 13.14% above currents $96.68 stock price. Skyworks Solutions Inc. had 93 analyst reports since July 27, 2015 according to SRatingsIntel. Needham upgraded it to “Buy” rating and $73.0 target in Tuesday, January 19 report. The firm has “Overweight” rating by Pacific Crest given on Tuesday, April 4. CLSA upgraded the shares of SWKS in report on Tuesday, August 9 to “Outperform” rating. On Friday, July 24 the stock rating was maintained by Topeka Capital Markets with “Buy”. Mizuho maintained the shares of SWKS in report on Friday, July 24 with “Buy” rating. The rating was downgraded by Mizuho to “Neutral” on Friday, July 1. Drexel Hamilton initiated Skyworks Solutions, Inc. (NASDAQ:SWKS) rating on Tuesday, October 20. Drexel Hamilton has “Buy” rating and $110 target. The firm earned “Buy” rating on Wednesday, February 3 by Goldman Sachs. As per Wednesday, September 23, the company rating was upgraded by Charter Equity. Topeka Capital Markets maintained Skyworks Solutions, Inc. (NASDAQ:SWKS) rating on Friday, January 29. Topeka Capital Markets has “Buy” rating and $90 target.

Analysts await Skyworks Solutions, Inc. (NASDAQ:SWKS) to report earnings on January, 18. They expect $1.80 earnings per share, up 16.88% or $0.26 from last year’s $1.54 per share. SWKS’s profit will be $330.73M for 13.43 P/E if the $1.80 EPS becomes a reality. After $1.69 actual earnings per share reported by Skyworks Solutions, Inc. for the previous quarter, Wall Street now forecasts 6.51% EPS growth.

More recent Skyworks Solutions, Inc. (NASDAQ:SWKS) news were published by: Nasdaq.com which released: “Skyworks Solutions, Inc. (SWKS) Ex-Dividend Date Scheduled for November 20, 2017” on November 17, 2017. Also Nasdaq.com published the news titled: “Relative Strength Alert For Skyworks Solutions” on December 06, 2017. Fool.com‘s news article titled: “2 Key Takeaways From Skyworks Solutions’ Q4 Earnings Report” with publication date: November 19, 2017 was also an interesting one.

Another recent and important WPX Energy, Inc. (NYSE:WPX) news was published by Reuters.com which published an article titled: “BRIEF-WPX Energy Named Clay Gaspar As President” on December 01, 2017.

Beaconlight Capital Llc, which manages about $170.27 million and $124.43M US Long portfolio, decreased its stake in Anthem Inc (NYSE:ANTM) by 13,900 shares to 23,800 shares, valued at $4.48 million in 2017Q2, according to the filing. It also reduced its holding in L3 Technologies Inc by 3,700 shares in the quarter, leaving it with 37,782 shares, and cut its stake in Devon Energy Corp New (NYSE:DVN).

Among 30 analysts covering WPX Energy (NYSE:WPX), 25 have Buy rating, 1 Sell and 4 Hold. Therefore 83% are positive. WPX Energy has $21.0 highest and $4 lowest target. $14.25’s average target is 12.74% above currents $12.64 stock price. WPX Energy had 95 analyst reports since July 21, 2015 according to SRatingsIntel. Bank of America maintained it with “Buy” rating and $17 target in Tuesday, November 14 report. The stock of WPX Energy, Inc. (NYSE:WPX) has “Underweight” rating given on Thursday, July 14 by Barclays Capital. Northland Capital maintained the shares of WPX in report on Monday, July 17 with “Buy” rating. The stock of WPX Energy, Inc. (NYSE:WPX) has “Buy” rating given on Thursday, November 16 by Citigroup. The firm earned “Outperform” rating on Thursday, July 21 by Robert W. Baird. Seaport Global upgraded the stock to “Buy” rating in Monday, April 3 report. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, July 13 report. The rating was maintained by JP Morgan with “Overweight” on Tuesday, March 15. As per Wednesday, July 6, the company rating was upgraded by Goldman Sachs. The stock has “Hold” rating by Piper Jaffray on Thursday, October 19.

Investors sentiment decreased to 1.44 in Q2 2017. Its down 0.42, from 1.86 in 2017Q1. It turned negative, as 41 investors sold WPX shares while 74 reduced holdings. 38 funds opened positions while 128 raised stakes. 379.18 million shares or 3.04% more from 367.99 million shares in 2017Q1 were reported. Syntal Cap Prtnrs Llc stated it has 0.04% in WPX Energy, Inc. (NYSE:WPX). Cap Ok owns 10,337 shares or 0.01% of their US portfolio. Northwest Inv Counselors Lc invested in 0% or 66 shares. Deutsche Bancorp Ag reported 0.02% in WPX Energy, Inc. (NYSE:WPX). Susquehanna Int Group Llp invested in 1.11M shares or 0% of the stock. Neuberger Berman Gru Ltd Liability Company has 0.03% invested in WPX Energy, Inc. (NYSE:WPX). Canal Company invested 0.44% in WPX Energy, Inc. (NYSE:WPX). Perella Weinberg Partners Capital LP holds 0.15% of its portfolio in WPX Energy, Inc. (NYSE:WPX) for 123,450 shares. California State Teachers Retirement Sys stated it has 0.02% in WPX Energy, Inc. (NYSE:WPX). 32.39M were accumulated by Blackrock. Pathstone Family Office Ltd has invested 0% of its portfolio in WPX Energy, Inc. (NYSE:WPX). Legal General Grp Public Ltd Company reported 0% of its portfolio in WPX Energy, Inc. (NYSE:WPX). Da Davidson Communications reported 6,277 shares stake. Patten Gru Inc reported 4,333 shares or 0.02% of all its holdings. The New York-based Evercore Wealth Mgmt Ltd Limited Liability Company has invested 0% in WPX Energy, Inc. (NYSE:WPX).

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