Clearbridge LLC Trims Stake in QUALCOMM, Inc. (QCOM)


Clearbridge LLC Trims Stake in QUALCOMM, Inc. (QCOM)

The institutional investor owned 26,766 shares of the wireless technology company's stock after selling 6,767 shares during the quarter. Baystate Wealth Management Llc who had been investing in Navios Maritime Holdings Inc Com for a number of months, seems to be less bullish one the $88.36 million market cap company. The stock decreased 1.81% or $1.96 during the last trading session, reaching $106.26.

Shares of QUALCOMM stock opened at $55.73 on Monday. It has underperformed by 14.76% the S&P500.

Rmb Capital Management Llc increased Morgan Stanley (Put) (MS) stake by 2.21% reported in 2017Q4 SEC filing. Capital International Investors lifted its stake in shares of QUALCOMM by 41.8% during the third quarter. Cubic Asset Management Llc who had been investing in Associated Banc for a number of months, seems to be bullish on the $4.17 billion market cap company. The stock increased 3.92% or $1 during the last trading session, reaching $26.54. About 4.05M shares traded. Canadian National Railway Company (NYSE:CNI) has declined 1.34% since April 15, 2017 and is downtrending. It has underperformed by 35.75% the S&P500.

Investors sentiment decreased to 0.83 in 2017 Q4. Its down 0.69, from 1.82 in 2017Q3. The ratio worsened due to QCOM positioning: 89 sold and 518 reduced. Fort Washington Inv Oh, Ohio-based fund reported 200,566 shares. Moreover, Kbc Gru Nv has 0.31% invested in Morgan Stanley (NYSE:MS) for 693,428 shares. Wall Street Access Asset Mngmt Lc holds 27,695 shares. The institutional investor held 39,650 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $2.54 million, up from 31,500 at the end of the previous reported quarter. The Illinois-based Guggenheim Capital Ltd Co has invested 0.27% in QUALCOMM Incorporated (NASDAQ:QCOM). After $-0.13 actual earnings per share reported by Navios Maritime Holdings Inc. for the previous quarter, Wall Street now forecasts 53.85% negative EPS growth. Gradient Investments LLC acquired a new position in shares of QUALCOMM in the 4th quarter valued at $120,000. Martingale Asset Mgmt LP accumulated 0.04% or 114,205 shares. The Netherlands-based Apg Asset Management Nv has invested 0.09% in QUALCOMM Incorporated (NASDAQ:QCOM). Signature Mgmt owns 25,088 shares. California-based Alpha Cubed Invests Limited Liability Co has invested 0.5% in QUALCOMM Incorporated (NASDAQ:QCOM). Leisure Management has 30,287 shares. Avalon Advsrs Ltd Limited Liability Company reported 946,652 shares stake.

QCOM registered $6.14 million net activity with 0 insider purchases and 6 insider sales since October 27, 2017. $2.81M worth of stock was sold by GROB MATTHEW S on Tuesday, January 9. Also, EVP Alexander H. Rogers sold 713 shares of the stock in a transaction dated Monday, January 29th.

When we look at the Analyst Recommendations of the stock, the company has 2.3 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. The positive are 50%. Qualcomm Inc. had 142 analyst reports since July 23, 2015 according to SRatingsIntel. Northland Capital has "Buy" rating and $62.5 target. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned "Hold" rating by Stifel Nicolaus on Wednesday, November 29. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned "Hold" rating by Charter Equity on Tuesday, February 13. Finally, Nomura raised QUALCOMM from a "neutral" rating to a "buy" rating and lifted their target price for the company from $58.00 to $75.00 in a research note on Tuesday, January 16th. The stock has an average rating of Hold and a consensus price target of $67.82. The stock has "Buy" rating by Stifel Nicolaus on Thursday, November 19. The firm has "Hold" rating given on Monday, November 13 by Bernstein. The firm has "Buy" rating given on Thursday, July 23 by Brean Capital. Stewart & Patten Co Llc has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares. The wireless technology company reported $0.98 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.91 by $0.07. GE's profit will be $1.04 billion for 28.15 P/E if the $0.12 EPS becomes a reality. The firm's revenue was up 1.7% compared to the same quarter last year. research analysts anticipate that QUALCOMM, Inc. will post 2.8 EPS for the current fiscal year.

Investors sentiment decreased to 0.98 in Q4 2017. Stockholders of record on Wednesday, March 1st will be paid a dividend of $0.53 per share. It is negative, as 20 investors sold BANR shares while 51 reduced holdings. 36 funds opened positions while 75 raised stakes. Schaper Benz & Wise Invest Counsel Wi reported 0.16% in Associated Banc-Corp (NYSE:ASB). First Midwest Retail Bank Tru Division holds 0.04% or 5,352 shares in its portfolio. Moreover, Waverton Limited has 0.06% invested in General Electric Company (NYSE:GE). 662,879 were accumulated by Halcyon Mngmt Prtn Ltd Partnership. Riverhead Management Limited Liability Corporation invested in 0.01% or 3,686 shares. (NYSE:CRI). Shanda Asset Mngmt Hldg holds 21,977 shares. Hudson Valley Advsr Adv stated it has 0.41% in Morgan Stanley (NYSE:MS).

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