OnComponentBeginOverlap and EndOverlap are called multiple times when moving in a Skeletal Mesh component's collision

OnComponentBeginOverlap and EndOverlap are called multiple times when moving in a Skeletal Mesh component's collision. This does not occur with a Static Mesh's collision.

Test project available here:
[Link Removed]

Reproduced in 4.7.3, 4.7.6, 4.8.1, and Main (//depot/UE4/Promotable-CL-2610743)

1. Download the test project from
2. PIE
3. Run the character into the large blue man (PortalSkelMesh)

Result:
BeginOverlap and EndOverlap are called multiple times while moving inside the BP Actor's collision