Brandywine Trust Company Decreased Campbell Soup Co (CPB) Stake by $7.23 Million; Valuation Declined; Skyworks Solutions (SWKS) Stock Price Rose While Principal Financial Group Has Lowered Its Position

January 14, 2018 - By Peter Erickson

Principal Financial Group Inc decreased its stake in Skyworks Solutions Inc (SWKS) by 4.86% based on its latest 2017Q3 regulatory filing with the SEC. Principal Financial Group Inc sold 14,470 shares as the company’s stock rose 7.80% with the market. The institutional investor held 283,041 shares of the technology company at the end of 2017Q3, valued at $28.84M, down from 297,511 at the end of the previous reported quarter. Principal Financial Group Inc who had been investing in Skyworks Solutions Inc for a number of months, seems to be less bullish one the $18.60 billion market cap company. The stock increased 1.29% or $1.29 during the last trading session, reaching $101.21. About 1.75M shares traded. Skyworks Solutions, Inc. (NASDAQ:SWKS) has risen 65.40% since January 14, 2017 and is uptrending. It has outperformed by 48.70% the S&P500.

Brandywine Trust Company decreased its stake in Campbell Soup Co (CPB) by 42.99% based on its latest 2017Q3 regulatory filing with the SEC. Brandywine Trust Company sold 157,227 shares as the company’s stock declined 4.62% while stock markets rallied. The institutional investor held 208,494 shares of the packaged foods company at the end of 2017Q3, valued at $9.76 million, down from 365,721 at the end of the previous reported quarter. Brandywine Trust Company who had been investing in Campbell Soup Co for a number of months, seems to be less bullish one the $13.68B market cap company. The stock decreased 0.52% or $0.24 during the last trading session, reaching $45.51. About 2.16M shares traded. Campbell Soup Company (NYSE:CPB) has declined 12.82% since January 14, 2017 and is downtrending. It has underperformed by 29.52% the S&P500.

Among 16 analysts covering Campbell Soup (NYSE:CPB), 1 have Buy rating, 6 Sell and 9 Hold. Therefore 6% are positive. Campbell Soup had 52 analyst reports since July 23, 2015 according to SRatingsIntel. JP Morgan upgraded Campbell Soup Company (NYSE:CPB) rating on Tuesday, January 19. JP Morgan has “Overweight” rating and $55 target. RBC Capital Markets maintained Campbell Soup Company (NYSE:CPB) rating on Thursday, July 23. RBC Capital Markets has “Sector Perform” rating and $50 target. The rating was maintained by Piper Jaffray with “Hold” on Thursday, August 31. The stock of Campbell Soup Company (NYSE:CPB) has “Sell” rating given on Thursday, November 23 by UBS. As per Monday, January 23, the company rating was maintained by Stifel Nicolaus. The stock has “Hold” rating by Piper Jaffray on Wednesday, October 11. As per Tuesday, July 18, the company rating was maintained by Piper Jaffray. The rating was maintained by Piper Jaffray on Monday, November 27 with “Hold”. Deutsche Bank maintained Campbell Soup Company (NYSE:CPB) on Friday, August 26 with “Hold” rating. Citigroup maintained the stock with “Hold” rating in Wednesday, December 20 report.

Analysts await Campbell Soup Company (NYSE:CPB) to report earnings on February, 16. They expect $0.82 earnings per share, down 9.89% or $0.09 from last year’s $0.91 per share. CPB’s profit will be $246.43 million for 13.88 P/E if the $0.82 EPS becomes a reality. After $0.92 actual earnings per share reported by Campbell Soup Company for the previous quarter, Wall Street now forecasts -10.87% negative EPS growth.

Since October 6, 2017, it had 0 buys, and 2 selling transactions for $420,021 activity. 6,500 shares valued at $312,975 were sold by Carolan Edward on Wednesday, December 20.

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.01, from 0.99 in 2017Q2. It turned negative, as 49 investors sold CPB shares while 153 reduced holdings. 49 funds opened positions while 148 raised stakes. 137.50 million shares or 3.69% more from 132.61 million shares in 2017Q2 were reported. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Corp invested 0.05% of its portfolio in Campbell Soup Company (NYSE:CPB). Lazard Asset Management Ltd holds 0.03% or 306,251 shares in its portfolio. 64,682 were accumulated by British Columbia Inv Mgmt Corp. Kentucky-based Central Retail Bank & Tru has invested 0% in Campbell Soup Company (NYSE:CPB). Epoch Investment Prns holds 506,134 shares. Amalgamated Comml Bank has invested 0.03% in Campbell Soup Company (NYSE:CPB). Town Country Bancshares Trust Dba First Bankers Trust reported 0.16% stake. National Bank Of Nova Scotia holds 0.01% or 33,625 shares in its portfolio. The Oregon-based Jensen Inv Management has invested 0.01% in Campbell Soup Company (NYSE:CPB). Federated Inc Pa invested 0.03% in Campbell Soup Company (NYSE:CPB). Icon Advisers reported 5,800 shares or 0.02% of all its holdings. Enterprise Corp owns 642 shares or 0.01% of their US portfolio. 4,963 were reported by Centers Of America Incorporated. Viking Fund Mgmt Lc, a North Dakota-based fund reported 19,000 shares. Sumitomo Mitsui Asset owns 14,442 shares.

Principal Financial Group Inc, which manages about $103.12 billion US Long portfolio, upped its stake in Becton Dickinson & Co (NYSE:BDX) by 40,416 shares to 949,651 shares, valued at $186.08M in 2017Q3, according to the filing. It also increased its holding in Alexandria Real Estate Eq In (NYSE:ARE) by 440,716 shares in the quarter, for a total of 3.48 million shares, and has risen its stake in Kinder Morgan Inc Del (NYSE:KMI).

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.12, from 0.97 in 2017Q2. It increased, as 34 investors sold SWKS shares while 220 reduced holdings. 63 funds opened positions while 214 raised stakes. 146.42 million shares or 0.03% less from 146.46 million shares in 2017Q2 were reported. Colony Gp Limited Liability Corp owns 3,058 shares or 0.02% of their US portfolio. State Of Alaska Department Of Revenue reported 0.05% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Montrusco Bolton Investments Inc has invested 0.71% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Brick And Kyle Assoc reported 1.05% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Highvista Strategies Lc, a Massachusetts-based fund reported 5,100 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0.06% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Bb&T Securities Limited Liability Company reported 0.04% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Bp Public stated it has 0.08% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Girard Prns has 6,322 shares for 0.13% of their portfolio. Pub Employees Retirement Sys Of Ohio holds 0.07% or 126,580 shares. First Personal Fincl Services owns 71 shares. Intact Mngmt holds 2,000 shares or 0.01% of its portfolio. Vertex One Asset Mngmt Inc owns 73,657 shares or 1.22% of their US portfolio. Fincl Professionals Inc holds 0% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 53 shares. Palladium Ptnrs Lc has invested 0.51% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS).

Among 36 analysts covering Skyworks Solutions Inc. (NASDAQ:SWKS), 30 have Buy rating, 1 Sell and 5 Hold. Therefore 83% are positive. Skyworks Solutions Inc. had 97 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Skyworks Solutions, Inc. (NASDAQ:SWKS) has “Underperform” rating given on Wednesday, May 25 by CLSA. Needham upgraded Skyworks Solutions, Inc. (NASDAQ:SWKS) rating on Tuesday, January 19. Needham has “Buy” rating and $73.0 target. BMO Capital Markets maintained it with “Hold” rating and $100.0 target in Sunday, November 5 report. As per Tuesday, November 7, the company rating was maintained by Drexel Hamilton. The firm has “Buy” rating by Oppenheimer given on Thursday, August 3. Needham maintained Skyworks Solutions, Inc. (NASDAQ:SWKS) rating on Tuesday, November 7. Needham has “Buy” rating and $120.0 target. The rating was maintained by Drexel Hamilton with “Buy” on Friday, January 29. The company was maintained on Friday, July 21 by Needham. The stock has “Buy” rating by Charter Equity on Friday, July 21. On Monday, June 27 the stock rating was initiated by Morgan Stanley with “Underweight”.

Since August 29, 2017, it had 0 buys, and 5 selling transactions for $4.21 million activity. On Wednesday, December 13 GAMMEL PETER L sold $704,929 worth of Skyworks Solutions, Inc. (NASDAQ:SWKS) or 7,305 shares. Another trade for 3,705 shares valued at $395,768 was sold by KING CHRISTINE.

Analysts await Skyworks Solutions, Inc. (NASDAQ:SWKS) to report earnings on January, 18. They expect $1.79 earnings per share, up 16.23% or $0.25 from last year’s $1.54 per share. SWKS’s profit will be $328.89M for 14.14 P/E if the $1.79 EPS becomes a reality. After $1.69 actual earnings per share reported by Skyworks Solutions, Inc. for the previous quarter, Wall Street now forecasts 5.92% EPS growth.

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