QUALCOMM, Inc. (NASDAQ:QCOM) Shares Bought by First Long Island Investors LLC

First Long Island Investors LLC grew its position in QUALCOMM, Inc. (NASDAQ:QCOM) by 0.1% in the fourth quarter, according to its most recent …

QUALCOMM logoFirst Long Island Investors LLC grew its position in QUALCOMM, Inc. (NASDAQ:QCOM) by 0.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 280,117 shares of the wireless technology company’s stock after buying an additional 390 shares during the quarter. QUALCOMM accounts for 2.4% of First Long Island Investors LLC’s holdings, making the stock its 13th largest holding. First Long Island Investors LLC’s holdings in QUALCOMM were worth $15,941,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Boenning & Scattergood Inc. raised its stake in QUALCOMM by 3.1% during the 4th quarter. Boenning & Scattergood Inc. now owns 6,537 shares of the wireless technology company’s stock valued at $372,000 after acquiring an additional 197 shares during the last quarter. Evanson Asset Management LLC increased its position in QUALCOMM by 4.9% during the 4th quarter. Evanson Asset Management LLC now owns 4,231 shares of the wireless technology company’s stock worth $241,000 after purchasing an additional 199 shares during the period. Highland Capital Management LLC increased its position in QUALCOMM by 0.4% during the 4th quarter. Highland Capital Management LLC now owns 53,274 shares of the wireless technology company’s stock worth $3,032,000 after purchasing an additional 200 shares during the period. Baystate Wealth Management LLC increased its position in QUALCOMM by 13.8% during the 4th quarter. Baystate Wealth Management LLC now owns 1,811 shares of the wireless technology company’s stock worth $100,000 after purchasing an additional 219 shares during the period. Finally, Diligent Investors LLC increased its position in QUALCOMM by 0.8% during the 4th quarter. Diligent Investors LLC now owns 29,583 shares of the wireless technology company’s stock worth $1,684,000 after purchasing an additional 222 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have issued reports on QCOM shares. BidaskClub cut QUALCOMM from a “sell” rating to a “strong sell” rating in a research report on Tuesday, January 29th. Barclays reiterated a “buy” rating and set a $70.00 target price on shares of QUALCOMM in a research report on Friday, January 18th. Mizuho dropped their target price on QUALCOMM from $66.00 to $62.00 and set a “buy” rating on the stock in a research report on Thursday, January 31st. UBS Group restated a “neutral” rating and issued a $55.00 price target (down previously from $64.00) on shares of QUALCOMM in a report on Thursday, January 31st. Finally, ValuEngine cut QUALCOMM from a “hold” rating to a “sell” rating in a report on Thursday, January 31st. Thirteen analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $66.00.

In related news, EVP James H. Thompson sold 40,000 shares of the stock in a transaction on Monday, February 11th. The stock was sold at an average price of $50.75, for a total value of $2,030,000.00. Following the transaction, the executive vice president now directly owns 62,301 shares of the company’s stock, valued at approximately $3,161,775.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.11% of the company’s stock.

Shares of QUALCOMM stock traded up $0.12 during trading hours on Friday, reaching $55.52. 303,254 shares of the company’s stock were exchanged, compared to its average volume of 14,833,913. QUALCOMM, Inc. has a 52-week low of $48.56 and a 52-week high of $76.50. The firm has a market cap of $67.05 billion, a PE ratio of 17.39, a P/E/G ratio of 1.73 and a beta of 1.21. The company has a quick ratio of 1.38, a current ratio of 1.54 and a debt-to-equity ratio of 4.25.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, January 30th. The wireless technology company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.11. The company had revenue of $4.80 billion for the quarter, compared to analyst estimates of $4.89 billion. QUALCOMM had a return on equity of 36.66% and a net margin of 10.03%. The business’s revenue for the quarter was down 21.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.98 EPS. Equities research analysts anticipate that QUALCOMM, Inc. will post 3.21 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Investors of record on Thursday, March 7th will be given a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 4.47%. The ex-dividend date is Wednesday, March 6th. QUALCOMM’s dividend payout ratio (DPR) is currently 77.74%.

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QUALCOMM Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

See Also: Momentum Investing

Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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How Much Can You Make in Dividend Income from: Infosys Limited (INFY)

How Much Can You Make in Dividend Income from: Infosys Limited (INFY) … Infosys Limited (INFY) has shown a upward trend during time of recent …

Shares of Infosys Limited (INFY) moved 0.47% in the recent trading day. Last trading transaction put the stock price at $10.60. After going under observation of traders 5.96 million shares traded at hands. Volume gives an investor an inspiration of the price action of a security and whether he should buy or sell the security. The relative volume of the stock is 0.63 while its market cap is $45.64 billion. Analysts have given a rating of 2.80 on company shares on a consensus basis. EPS growth is noticed at 13.10% for this year and anticipated 10.74% growth for next year.

If we look at the past company’s performance moves, then it recent movement are telling different stories about price movement in different time period. The stock has actually grown in the past week, as the company has gathered a 1.05% return in the past 5 trading days. The stock is weak among movers in the past month, as it showed -1.58% return. Checking it quarterly performance we found that it was uptick and mounted 9.99% performance. Going forward to year-to-date check then we concluded that it resulted performance is positive with move of 11.95%. The stock showed rise in half yearly performance of 1.65% and maintained strong performance for the year at 15.91%.

Technical Outlook:

Technical analysis is as a method that applies to take a guess of future price trends through analyzing market action. The core idea of technical analysis is that history tends to repeat itself. That is why we can find certain situations in the market that occur regularly. These situations can be discovered by chart analysis and technical indicators, which we can use for our advantage – and that is precisely what technical analysis is trying to do. After keeping Technical check on movement of stock price comparison to its moving averages like 20, 50 and 200 SMA, we detected following trends of INFY. These trends are grabbed from latest trading activity. These up or down trends are telling the direction of stock price on basis of moving averages. This analysis is focused on overall picture of trading activity. This presents short term, intermediate and long term technical levels of Infosys Limited (INFY) stock.

Short Term: bearish Trend

Intermediate Term: upward Trend

Long Term: strong Trend

Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Analysts use common formulas and ratios to accomplish this. The stock appeared -3.11% downward to its 52-week high and 29.26% above its 52-week low. The stock price dropped with downswing change of -0.62% when it was compared to 20-day moving average. Infosys Limited (INFY) has shown a upward trend during time of recent session. This trend is based on movement of 50 SMA and stock price is rising off the 50 SMA. If we checked progress of the long term moving average 200 SMA, then we noticed uptrend created which can be described as recent trading price is above the 200 SMA level. Latest trading price was 1.09% upbeat to its 50-day moving average and above 7.04% to its 200-day moving average. Infosys Limited (INFY) RSI (Relative Strength Index) is 49.31. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions. The stock has weekly volatility of 1.10% and monthly volatility of 1.28%.

The High Dividend Yield Company on the list is Infosys Limited (INFY) stock.

Dividend Yield: 3.11% – Volume: 5.96 million, Floating Shares: 4.03 billion – Average Volume: 9.48 million – Outstanding Shares: 4.31 billion

Some investors are searching for a very profitable stock with high dividend yield. Here is Infosys Limited (INFY) stock which is highly profitable for Investors that pay high dividends with Dividend Yield rate of 3.11%. Investors use the dividend yield formula to compute the cash flow they are getting from their investment in stocks. In other words, investors want to know how much dividends they are getting for every dollar that the stock is worth. Tracing annual dividend record of this company we revealed that its High Dividend Yield is giving attention to Dividend Seeking Investors. Some investors are looking for high current income rather than income growth.

According to record of annual dividend yield, this stock can reward an investor a capital gain along with the very rich dividend. A company with a high dividend yield pays its investors a large dividend compared to the fair market value of the stock. This means the investors are getting highly compensated for their investments compared with lower dividend yielding stocks. I recommend readers use this stock as a basis for further research. On its own the dividend yield tells you very little. It’s a raw figure that needs interpretation. Experienced investors use dividend yield in many ways when constructing their portfolio.

← Stock to Buy on Yielding More Than 2%: Hewlett Packard Enterprise Company (HPE)Dividend Stock to Note: Oceaneering International, Inc. (OII)’s Yield stick at 3.85% →

Braden Nelson

Braden Nelson covers “Hot Stocks” Section of Website.He covers recent activity and events, from economic reports and indicators to any important news relating to individual stocks, sectors, or countries. In particular, he attempt to identify emerging trends in markets that have the potential to reward early investors with outsized gains, while keeping a keen eye on risk. He holds a Masters degree in education and social policy and a bachelor’s degree in economics from Northwestern University.

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