Statestreetcorp (STT) Stock Value Rose While Fayez Sarofim & Company Has Raised Position by $454,930; As Skyworks Solutions (SWKS) Market Value Rose, Vulcan Value Partners Has Upped Stake by $82.35 Million

April 24, 2018 - By Hazel Jackson

Skyworks Solutions, Inc. (NASDAQ:SWKS) Logo

Fayez Sarofim & Company increased its stake in Statestreetcorp (STT) by 0.17% based on its latest 2017Q4 regulatory filing with the SEC. Fayez Sarofim & Company bought 4,690 shares as the company’s stock rose 1.05% while stock markets declined. The institutional investor held 2.81 million shares of the major banks company at the end of 2017Q4, valued at $273.87 million, up from 2.80M at the end of the previous reported quarter. Fayez Sarofim & Company who had been investing in Statestreetcorp for a number of months, seems to be bullish on the $36.87B market cap company. The stock decreased 1.37% or $1.4 during the last trading session, reaching $100.9. About 1.15 million shares traded. State Street Corporation (NYSE:STT) has risen 26.69% since April 24, 2017 and is uptrending. It has outperformed by 15.14% the S&P500.

Vulcan Value Partners Llc increased its stake in Skyworks Solutions Inc (SWKS) by 26.12% based on its latest 2017Q4 regulatory filing with the SEC. Vulcan Value Partners Llc bought 876,101 shares as the company’s stock rose 4.58% while stock markets declined. The institutional investor held 4.23 million shares of the technology company at the end of 2017Q4, valued at $401.67M, up from 3.35M at the end of the previous reported quarter. Vulcan Value Partners Llc who had been investing in Skyworks Solutions Inc for a number of months, seems to be bullish on the $15.97B market cap company. The stock decreased 1.07% or $0.95 during the last trading session, reaching $87.69. About 1.44M shares traded. Skyworks Solutions, Inc. (NASDAQ:SWKS) has risen 4.46% since April 24, 2017 and is uptrending. It has underperformed by 7.09% the S&P500.

Fayez Sarofim & Company, which manages about $31.66B and $19.30 billion US Long portfolio, decreased its stake in Diageoplcsponsoredadr (NYSE:DEO) by 6,785 shares to 582,811 shares, valued at $85.11 million in 2017Q4, according to the filing. It also reduced its holding in Unitedtechnologiescorp (NYSE:UTX) by 117,146 shares in the quarter, leaving it with 1.30 million shares, and cut its stake in Jpmorganchase&Co. (NYSE:JPM).

Among 19 analysts covering State Street Corporation (NYSE:STT), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. State Street Corporation had 83 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “In-Line” rating by Evercore given on Thursday, July 27. The rating was maintained by Jefferies on Tuesday, January 9 with “Hold”. The stock of State Street Corporation (NYSE:STT) has “Equal-Weight” rating given on Tuesday, October 24 by Morgan Stanley. The stock of State Street Corporation (NYSE:STT) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. The company was maintained on Thursday, January 28 by Argus Research. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, January 3 report. The company was upgraded on Wednesday, January 10 by Citigroup. The firm has “Underperform” rating given on Monday, March 28 by Wood. Bank of America maintained the shares of STT in report on Monday, May 29 with “” rating. Keefe Bruyette & Woods maintained State Street Corporation (NYSE:STT) rating on Monday, May 29. Keefe Bruyette & Woods has “Hold” rating and $8800 target.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.04, from 1 in 2017Q3. It dropped, as 42 investors sold STT shares while 262 reduced holdings. 80 funds opened positions while 211 raised stakes. 312.70 million shares or 2.45% less from 320.54 million shares in 2017Q3 were reported. Manufacturers Life Ins The invested 0.06% of its portfolio in State Street Corporation (NYSE:STT). Amundi Pioneer Asset Mngmt invested 0.17% in State Street Corporation (NYSE:STT). Richard Bernstein Advsr Limited Liability Company stated it has 44,286 shares or 0.19% of all its holdings. Oakbrook Invs Limited Liability Company reported 21,640 shares. Tru Department Mb Bank & Trust N A holds 0.03% or 2,880 shares. Douglass Winthrop Advsrs stated it has 5,165 shares. Tealwood Asset Management reported 0.87% stake. Cornercap Invest Counsel Inc invested in 23,970 shares. Envestnet Asset Mngmt owns 31,379 shares or 0.01% of their US portfolio. Metropolitan Life Insurance Co, a New York-based fund reported 58,433 shares. Motco reported 308 shares. Somerville Kurt F reported 8,410 shares. Johnson Fincl Group has invested 0% of its portfolio in State Street Corporation (NYSE:STT). Jane Street Gru Limited holds 0% in State Street Corporation (NYSE:STT) or 9,829 shares. Alpha Windward Ltd Liability Company holds 0.2% or 3,357 shares in its portfolio.

Since February 15, 2018, it had 0 insider purchases, and 8 selling transactions for $7.03 million activity. Another trade for 1,473 shares valued at $154,665 was made by Schaefer Elizabeth on Monday, February 26. Conway Jeff D also sold $76,993 worth of State Street Corporation (NYSE:STT) on Thursday, February 15. Sullivan George E also sold $360,230 worth of State Street Corporation (NYSE:STT) on Thursday, February 15. Another trade for 1,112 shares valued at $114,614 was made by Erickson Andrew on Friday, February 16. Another trade for 33,568 shares valued at $3.45M was made by HOOLEY JOSEPH L on Thursday, February 15. Keenan Karen C sold $734,786 worth of stock or 7,129 shares.

Among 38 analysts covering Skyworks Solutions Inc. (NASDAQ:SWKS), 32 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Skyworks Solutions Inc. had 107 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, November 7. The firm earned “Buy” rating on Monday, February 5 by Canaccord Genuity. The company was maintained on Friday, July 24 by Ascendiant Capital Markets. Drexel Hamilton maintained it with “Buy” rating and $90 target in Friday, January 29 report. Citigroup downgraded it to “Neutral” rating and $78 target in Tuesday, March 29 report. Drexel Hamilton maintained it with “Buy” rating and $128.0 target in Tuesday, February 6 report. The firm has “Underweight” rating by Morgan Stanley given on Wednesday, December 13. Citigroup upgraded Skyworks Solutions, Inc. (NASDAQ:SWKS) rating on Thursday, June 9. Citigroup has “Buy” rating and $65 target. Craig Hallum maintained it with “Buy” rating and $90 target in Friday, January 29 report. Piper Jaffray initiated the stock with “Buy” rating in Wednesday, December 20 report.

Vulcan Value Partners Llc, which manages about $6.07B and $12.21 billion US Long portfolio, decreased its stake in Moodys Corp (NYSE:MCO) by 339,936 shares to 1.15M shares, valued at $170.41 million in 2017Q4, according to the filing. It also reduced its holding in Visa Inc (NYSE:V) by 342,081 shares in the quarter, leaving it with 4.77 million shares, and cut its stake in State Str Corp (NYSE:STT).

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

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