Insider Selling: QUALCOMM, Inc. (QCOM) Director Sells $179160.00 in Stock

QUALCOMM, Inc. (NASDAQ:QCOM) Director Clark T. Jr. Randt sold 2,000 shares of the company’s stock in a transaction dated Friday, May 3rd.

QUALCOMM logoQUALCOMM, Inc. (NASDAQ:QCOM) Director Clark T. Jr. Randt sold 2,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $89.58, for a total transaction of $179,160.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

QUALCOMM stock opened at $83.78 on Friday. The firm has a market capitalization of $105.55 billion, a P/E ratio of 26.26, a price-to-earnings-growth ratio of 2.08 and a beta of 1.45. The company has a quick ratio of 1.39, a current ratio of 1.55 and a debt-to-equity ratio of 3.98. QUALCOMM, Inc. has a 1-year low of $49.10 and a 1-year high of $90.34.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, May 1st. The wireless technology company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.07. The company had revenue of $4.88 billion during the quarter, compared to analysts’ expectations of $4.83 billion. QUALCOMM had a net margin of 11.57% and a return on equity of 56.69%. QUALCOMM’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.80 EPS. On average, research analysts anticipate that QUALCOMM, Inc. will post 3.14 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 6th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.96%. The ex-dividend date of this dividend is Wednesday, June 5th. QUALCOMM’s dividend payout ratio is currently 77.74%.

Several institutional investors have recently made changes to their positions in QCOM. Oregon Public Employees Retirement Fund grew its holdings in QUALCOMM by 9,505.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 33,612,696 shares of the wireless technology company’s stock worth $591,000 after acquiring an additional 33,262,770 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in QUALCOMM by 24.1% during the 4th quarter. Bank of New York Mellon Corp now owns 25,852,938 shares of the wireless technology company’s stock worth $1,471,289,000 after acquiring an additional 5,022,323 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in QUALCOMM by 0.5% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 20,156,306 shares of the wireless technology company’s stock worth $1,147,095,000 after acquiring an additional 96,527 shares during the last quarter. Norges Bank bought a new stake in QUALCOMM during the 4th quarter worth approximately $736,806,000. Finally, Eaton Vance Management grew its holdings in QUALCOMM by 10.3% during the 4th quarter. Eaton Vance Management now owns 7,306,885 shares of the wireless technology company’s stock worth $415,835,000 after acquiring an additional 680,397 shares during the last quarter. 83.44% of the stock is currently owned by institutional investors.

A number of brokerages have recently issued reports on QCOM. Canaccord Genuity upped their target price on shares of QUALCOMM from $89.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Zacks Investment Research upgraded shares of QUALCOMM from a “sell” rating to a “hold” rating in a research report on Monday. Deutsche Bank reiterated a “hold” rating on shares of QUALCOMM in a research report on Monday, April 29th. Bank of America reiterated a “neutral” rating and set a $90.00 target price (up from $71.00) on shares of QUALCOMM in a research report on Tuesday, April 30th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $84.00 target price on shares of QUALCOMM in a research report on Thursday, May 2nd. Seven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. QUALCOMM currently has an average rating of “Buy” and a consensus price target of $83.09.

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QUALCOMM Company 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.

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Insider Buying and Selling by Quarter for QUALCOMM (NASDAQ:QCOM)

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QUALCOMM, Inc. (QCOM) EVP Sells $1543963.20 in Stock

QUALCOMM, Inc. (NASDAQ:QCOM) EVP Brian Modoff sold 17,440 shares of the business’s stock in a transaction that occurred on Friday, May 3rd.

QUALCOMM logoQUALCOMM, Inc. (NASDAQ:QCOM) EVP Brian Modoff sold 17,440 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $88.53, for a total value of $1,543,963.20. The transaction was disclosed in a filing with the SEC, which is available through this link.

QCOM opened at $83.78 on Friday. QUALCOMM, Inc. has a 52-week low of $49.10 and a 52-week high of $90.34. The company has a debt-to-equity ratio of 3.98, a current ratio of 1.55 and a quick ratio of 1.39. The firm has a market cap of $105.55 billion, a P/E ratio of 26.26, a price-to-earnings-growth ratio of 2.08 and a beta of 1.45.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, May 1st. The wireless technology company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.07. QUALCOMM had a return on equity of 56.69% and a net margin of 11.57%. The company had revenue of $4.88 billion during the quarter, compared to analysts’ expectations of $4.83 billion. During the same quarter in the previous year, the business earned $0.80 EPS. QUALCOMM’s revenue was down 5.9% compared to the same quarter last year. As a group, research analysts forecast that QUALCOMM, Inc. will post 3.14 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, June 6th will be issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Wednesday, June 5th. QUALCOMM’s payout ratio is currently 77.74%.

A number of institutional investors and hedge funds have recently bought and sold shares of QCOM. ACG Wealth lifted its holdings in shares of QUALCOMM by 2.6% in the 1st quarter. ACG Wealth now owns 7,749 shares of the wireless technology company’s stock worth $442,000 after buying an additional 197 shares during the period. Mathes Company Inc. lifted its holdings in shares of QUALCOMM by 190.0% in the 4th quarter. Mathes Company Inc. now owns 8,700 shares of the wireless technology company’s stock worth $495,000 after buying an additional 5,700 shares during the period. Conning Inc. lifted its holdings in shares of QUALCOMM by 5.7% in the 1st quarter. Conning Inc. now owns 826,550 shares of the wireless technology company’s stock worth $47,138,000 after buying an additional 44,907 shares during the period. World Asset Management Inc lifted its holdings in shares of QUALCOMM by 18.5% in the 1st quarter. World Asset Management Inc now owns 91,562 shares of the wireless technology company’s stock worth $5,222,000 after buying an additional 14,322 shares during the period. Finally, Epstein & White Financial LLC lifted its holdings in shares of QUALCOMM by 34.4% in the 4th quarter. Epstein & White Financial LLC now owns 9,752 shares of the wireless technology company’s stock worth $555,000 after buying an additional 2,495 shares during the period. Institutional investors own 83.44% of the company’s stock.

QCOM has been the topic of several analyst reports. Raymond James set a $65.00 target price on QUALCOMM and gave the company a “buy” rating in a research report on Saturday, February 2nd. Mizuho cut 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. Barclays reissued a “buy” rating and set a $70.00 target price on shares of QUALCOMM in a research report on Friday, January 18th. Zacks Investment Research raised QUALCOMM from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Wednesday, February 13th. Finally, BidaskClub raised QUALCOMM from a “hold” rating to a “buy” rating in a research report on Friday, March 22nd. Seven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $83.09.

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About QUALCOMM

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.

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Insider Buying and Selling by Quarter for QUALCOMM (NASDAQ:QCOM)

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As Qualcomm (QCOM) Stock Price Declined, Cornerstone Investment Partners Upped Holding by …

Boston Advisors Llc decreased its stake in Stag Indl Inc Com (STAG) by 77.09% based on its latest 2018Q4 regulatory filing with the SEC. Boston …

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Boston Advisors Llc decreased its stake in Stag Indl Inc Com (STAG) by 77.09% based on its latest 2018Q4 regulatory filing with the SEC. Boston Advisors Llc sold 196,493 shares as the company’s stock rose 2.71% with the market. The institutional investor held 58,387 shares of the consumer services company at the end of 2018Q4, valued at $1.45M, down from 254,880 at the end of the previous reported quarter. Boston Advisors Llc who had been investing in Stag Indl Inc Com for a number of months, seems to be less bullish one the $3.70 billion market cap company. The stock decreased 0.14% or $0.04 during the last trading session, reaching $28.91. About 658,889 shares traded. STAG Industrial, Inc. (NYSE:STAG) has risen 20.67% since May 9, 2018 and is uptrending. It has outperformed by 16.30% the S&P500. Some Historical STAG News: 01/05/2018 – STAG Industrial 1Q Rev $83.3M; 11/04/2018 – STAG Industrial to Issue $175 M of Senior Unsecured Notes; 11/04/2018 – STAG Industrial Issuing $75M of 4.1% Notes Due 2025 and $100M of 4.27% Notes Due 2028; 11/04/2018 – STAG INDUSTRIAL INC – TRANSACTION CONSISTS OF $75 MLN OF 4.10% NOTES WITH A SEVEN-YEAR TERM MATURING ON JUNE 13, 2025, OTHERS; 09/03/2018 – Fitch Affirms STAG Industrial’s IDR at ‘BBB’; Outlook Stable; 11/04/2018 – STAG Industrial To Issue $175 Million Of Senior Unsecured Notes; 01/05/2018 – STAG Industrial 1Q EPS 22c

Cornerstone Investment Partners Llc increased its stake in Qualcomm Inc. (QCOM) by 16.05% based on its latest 2018Q4 regulatory filing with the SEC. Cornerstone Investment Partners Llc bought 5,585 shares as the company’s stock declined 5.07% while stock markets rallied. The institutional investor held 40,389 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q4, valued at $2.30M, up from 34,804 at the end of the previous reported quarter. Cornerstone Investment Partners Llc who had been investing in Qualcomm Inc. for a number of months, seems to be bullish on the $102.78B market cap company. The stock decreased 0.77% or $0.66 during the last trading session, reaching $84.54. About 15.50M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 17.21% since May 9, 2018 and is downtrending. It has underperformed by 21.58% the S&P500. Some Historical QCOM News: 20/05/2018 – QUALCOMM, MEDIATEK MAY GET NEW OPPO ORDERS: COMMERCIAL TIMES; 24/05/2018 – Last month, the U.S. banned ZTE from purchasing parts from U.S. companies, including Qualcomm, Corning, and Aphabet’s Google; 25/04/2018 – CORRECTED: Qualcomm earnings: 80 cents per share, vs 70 cents expected; 28/05/2018 – USI Announces SOM IoT Module Products with NXP And Qualcomm Solutions; 29/03/2018 – TAIPEI — Beijing tech conglomerate Tsinghua Unigroup looks to delay the initial public offering for its mobile chip unit to the end of 2019, according to people familiar with the matter; 13/04/2018 – QCOM: China’s delay could imperil Qualcomm deal for NXP Semicond; 26/04/2018 – 5GAA, Audi, Ford and Qualcomm Showcase C-V2X Direct Communications Interoperability to Improve Road Safety; 26/05/2018 – China Set to Approve Qualcomm Purchase of NXP Semiconductors; 05/03/2018 – BROADCOM IS ON COURSE TO WIN MAJORITY OF QUALCOMM BOARD SEATS – BLOOMBERG; 04/05/2018 – Qualcomm to depose Apple services chief Eddy Cue

More notable recent STAG Industrial, Inc. (NYSE:STAG) news were published by: Seekingalpha.com which released: “Homebuilders, REITs weigh on broader markets – Seeking Alpha” on April 22, 2019, also Finance.Yahoo.com with their article: “Is J&J Snack Foods Corp. (JJSF) A Good Stock To Buy? – Yahoo Finance” published on April 26, 2019, Finance.Yahoo.com published: “Is Immunomedics, Inc. (IMMU) A Good Stock To Buy? – Yahoo Finance” on April 26, 2019. More interesting news about STAG Industrial, Inc. (NYSE:STAG) were released by: Seekingalpha.com and their article: “STAG Industrial: The Agnostic Strategy – Seeking Alpha” published on January 29, 2019 as well as Seekingalpha.com‘s news article titled: “STAG Industrial, Inc. (STAG) CEO Benjamin Butcher on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” with publication date: May 01, 2019.

Boston Advisors Llc, which manages about $2.55B and $1.73 billion US Long portfolio, upped its stake in Nike Inc Cl B (NYSE:NKE) by 155,055 shares to 160,344 shares, valued at $11.89M in 2018Q4, according to the filing. It also increased its holding in Best Buy Inc Com (NYSE:BBY) by 6,557 shares in the quarter, for a total of 71,111 shares, and has risen its stake in Netflix Inc Com (NASDAQ:NFLX).

Analysts await STAG Industrial, Inc. (NYSE:STAG) to report earnings on July, 30. They expect $0.46 earnings per share, up 2.22% or $0.01 from last year’s $0.45 per share. STAG’s profit will be $58.82 million for 15.71 P/E if the $0.46 EPS becomes a reality. After $0.45 actual earnings per share reported by STAG Industrial, Inc. for the previous quarter, Wall Street now forecasts 2.22% EPS growth.

Since January 4, 2019, it had 0 insider purchases, and 6 sales for $6.08 million activity. $161,339 worth of STAG Industrial, Inc. (NYSE:STAG) was sold by Fearey Peter S on Friday, January 4. Shares for $760,070 were sold by Crooker William R. 39,600 shares were sold by King David G, worth $961,654. On Friday, January 4 the insider Mecke Stephen C sold $1.22 million. Sullivan Jeffrey M sold 32,396 shares worth $786,339.

Investors sentiment decreased to 1.06 in 2018 Q4. Its down 0.88, from 1.94 in 2018Q3. It worsened, as 23 investors sold STAG shares while 71 reduced holdings. 32 funds opened positions while 68 raised stakes. 90.95 million shares or 4.80% more from 86.78 million shares in 2018Q3 were reported. Daiwa Securities Grp Incorporated Inc invested 0% of its portfolio in STAG Industrial, Inc. (NYSE:STAG). 58,387 are held by Boston Advsr Ltd Llc. Blackrock invested in 11.02M shares or 0.01% of the stock. Rhumbline Advisers invested in 0.01% or 159,691 shares. Westwood Hldg Gp Incorporated reported 1.98M shares. Bahl & Gaynor Inc holds 0.02% of its portfolio in STAG Industrial, Inc. (NYSE:STAG) for 93,826 shares. Comerica State Bank has invested 0.09% of its portfolio in STAG Industrial, Inc. (NYSE:STAG). Baldwin Brothers Ma invested 0.01% of its portfolio in STAG Industrial, Inc. (NYSE:STAG). Eii Cap Mngmt Inc holds 0.55% in STAG Industrial, Inc. (NYSE:STAG) or 39,016 shares. Guggenheim Cap Ltd Llc invested in 44,247 shares. Massachusetts Fincl Ma owns 3.97 million shares. 76,192 are owned by Price T Rowe Assocs Inc Md. Moreover, Amundi Pioneer Asset has 0% invested in STAG Industrial, Inc. (NYSE:STAG) for 48,145 shares. Delphi Incorporated Ma reported 1.68% in STAG Industrial, Inc. (NYSE:STAG). Switzerland-based Prtn Group Ag has invested 0.24% in STAG Industrial, Inc. (NYSE:STAG).

Since November 23, 2018, it had 0 insider buys, and 5 insider sales for $6.04 million activity. THOMPSON JAMES H also sold $2.03 million worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, February 11. 6,297 shares were sold by Rosenberg Donald J, worth $347,746.

Investors sentiment decreased to 0.73 in 2018 Q4. Its down 0.04, from 0.77 in 2018Q3. It dropped, as 91 investors sold QCOM shares while 491 reduced holdings. 104 funds opened positions while 322 raised stakes. 1.00 billion shares or 4.55% less from 1.05 billion shares in 2018Q3 were reported. Ancora Advsr Lc holds 32,247 shares or 0.09% of its portfolio. Moreover, Indiana Trust Investment Mngmt has 0.3% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 9,495 shares. Cornerstone Invest Ptnrs Ltd Llc invested in 0.11% or 40,389 shares. Fca Corporation Tx reported 5,160 shares. Guardian Life Insurance Of America invested in 3,434 shares. The Missouri-based Buckingham Asset Limited Liability has invested 0.14% in QUALCOMM Incorporated (NASDAQ:QCOM). 66,427 are held by Meag Munich Ergo Kapitalanlagegesellschaft Mbh. Cincinnati Corp invested in 2.33% or 912,500 shares. Massachusetts-based Wellington Mngmt Ltd Liability Partnership has invested 0.25% in QUALCOMM Incorporated (NASDAQ:QCOM). Peoples holds 0.22% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 6,896 shares. Leisure Management invested in 1.38% or 25,801 shares. New Mexico Educational Retirement Board has invested 0.28% in QUALCOMM Incorporated (NASDAQ:QCOM). State Street has 0.26% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Keystone Financial Planning invested 1.32% in QUALCOMM Incorporated (NASDAQ:QCOM). Personal Advisors reported 5,902 shares.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Notable Friday Option Activity: PPC, QCOM, ETFC – Nasdaq” on April 26, 2019, also Fool.com with their article: “Tech Stocks This Week: 2 Soaring IPOs and Apple’s Settlement With Qualcomm – The Motley Fool” published on April 20, 2019, Nasdaq.com published: “5 Semiconductor Stocks to Buy for a Spring Charge – Nasdaq” on April 18, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Why Spotify Stock Looks Like a Tasty Short After Earnings – Nasdaq” published on April 30, 2019 as well as Seekingalpha.com‘s news article titled: “Building A Bulletproof Portfolio Around Qualcomm – Seeking Alpha” with publication date: May 07, 2019.

Cornerstone Investment Partners Llc, which manages about $8.61 billion and $2.05 billion US Long portfolio, decreased its stake in Marsh & Mclennan Company Inc (NYSE:MMC) by 30,414 shares to 689,652 shares, valued at $55.00 million in 2018Q4, according to the filing. It also reduced its holding in Intel Corporation (NASDAQ:INTC) by 1.55 million shares in the quarter, leaving it with 150,840 shares, and cut its stake in Verizon Communications Inc. (NYSE:VZ).

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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As Qualcomm (QCOM) Stock Price Declined, Peapack Gladstone Financial Decreased Its Stake …

Equitec Proprietary Markets Llc decreased its stake in At&T Inc (Put) (T) by 45.57% based on its latest 2018Q4 regulatory filing with the SEC. Equitec …

AT&T Inc. (NYSE:T) Logo

Equitec Proprietary Markets Llc decreased its stake in At&T Inc (Put) (T) by 45.57% based on its latest 2018Q4 regulatory filing with the SEC. Equitec Proprietary Markets Llc sold 48,300 shares as the company’s stock declined 2.47% while stock markets rallied. The institutional investor held 57,700 shares of the telecommunications equipment company at the end of 2018Q4, valued at $1.65M, down from 106,000 at the end of the previous reported quarter. Equitec Proprietary Markets Llc who had been investing in At&T Inc (Put) for a number of months, seems to be less bullish one the $220.17B market cap company. The stock decreased 0.43% or $0.13 during the last trading session, reaching $30.17. About 7.59 million shares traded. AT&T Inc. (NYSE:T) has declined 16.72% since May 9, 2018 and is downtrending. It has underperformed by 21.09% the S&P500. Some Historical T News: 18/04/2018 – AT&T: HAS DECIDED TO WITHDRAW PLANNED IPO OF SHRS OF VRIO CORP; 30/04/2018 – Recode Managing Editor Ed Lee answers AT&T-Time-Warner merger questions on #TooEmbarrassed: transcript; 30/03/2018 – AT&T INC T.N SETS QUARTERLY DIVIDEND OF $0.50/SHR; 09/04/2018 – CHC Announces EdRev Expo’s 10th Anniversary, April 21 at AT&T Park; 05/03/2018 – FCC: AT&T 700 MHz Memorandum Opinion and Order – Memorandum Opinion and Order – Mar 5, 2018; 02/04/2018 – Tech Mahindra Receives 2018 AT&T Supplier Award; 30/05/2018 – STEPHENSON DECLINES TO ANSWER QUESTION ABOUT POSSIBLE ‘PLAN B’ IF JUDGE BLOCKS MERGER WITH TIME WARNER, CITES REQUEST FROM JUDGE NOT TO COMMENT; 29/03/2018 – AT&T IS SAID TO DEVELOP NETWORKING SWITCH: INFORMATION; 29/03/2018 – The Information: AT&T Develops Networking Switch, in Blow to Cisco; 11/04/2018 – AT&T INC – IN ADDITION TO MACRO SITES, NEW DEAL COVERS SMALL CELL DEPLOYMENTS

Peapack Gladstone Financial Corp decreased its stake in Qualcomm Inc (QCOM) by 17.88% based on its latest 2018Q4 regulatory filing with the SEC. Peapack Gladstone Financial Corp sold 27,527 shares as the company’s stock declined 5.07% while stock markets rallied. The institutional investor held 126,399 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q4, valued at $7.19M, down from 153,926 at the end of the previous reported quarter. Peapack Gladstone Financial Corp who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $100.36B market cap company. The stock decreased 2.35% or $1.99 during the last trading session, reaching $82.55. About 5.69M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 17.21% since May 9, 2018 and is downtrending. It has underperformed by 21.58% the S&P500. Some Historical QCOM News: 30/03/2018 – Christian Bizforum: Qualcomm discussing Jacobs leaving board of directors: sources (Reuters) – Qualcomm Inc’s board of; 27/04/2018 – EXCLUSIVE-U.S. considers tightening grip on China ties to Corporate America; 15/05/2018 – SAMSUNG ELEC TO ANNOUNCE A NEW CLIENT FOR ITS EXYNOS CHIPSETS IN H1 2019 – EXEC; 12/04/2018 – Altek Corporation (3059 TT) becomes the first ODM to deliver reference designs based on the Qualcomm Vision Intelligence Platform; 13/03/2018 – Yahoo! Finance: Broadcom to end bid for Qualcomm, keeps plan to move to US; 19/04/2018 – QUALCOMM SAYS CO’S UNIT, NXP TO AMEND SOME RESTRICTIONS IN AGREEMENT INCLUDING NXP’S ABILITY TO UNDERTAKE ACQUISITIONS, SETTLE LITIGATION – SEC FILING; 14/05/2018 – U.S. China ZTE deal also would involve speeding China review of Qualcomm deal for NXP; 13/03/2018 – Here are the real reasons Trump blocked Broadcom’s Qualcomm takeover; 12/03/2018 – Broadcom: Acquisition of Qualcomm Remains Conditioned on Redomiciliation; 20/03/2018 – BlackRock Science & Tech Adds Microsemi, Exits Qualcomm

Peapack Gladstone Financial Corp, which manages about $1.96B US Long portfolio, upped its stake in Ishares Core S&P 500 Etf (IVV) by 3,485 shares to 11,933 shares, valued at $3.00 million in 2018Q4, according to the filing. It also increased its holding in United Technologies Corp (NYSE:UTX) by 15,699 shares in the quarter, for a total of 193,135 shares, and has risen its stake in Dollar General Corp (NYSE:DG).

Since November 23, 2018, it had 0 insider buys, and 5 sales for $6.04 million activity. $347,746 worth of QUALCOMM Incorporated (NASDAQ:QCOM) shares were sold by Rosenberg Donald J. AMON CRISTIANO R sold $1.10M worth of stock.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Qualcomm (QCOM) Outpaces Stock Market Gains: What You Should Know – Nasdaq” on April 18, 2019, also Nasdaq.com with their article: “Qualcomm (QCOM) Gains As Market Dips: What You Should Know – Nasdaq” published on April 24, 2019, 247Wallst.com published: “What to Watch When Qualcomm Reports Late Wednesday – 24/7 Wall St.” on May 01, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: “Qualcomm: China Keys Run Above $100 – Seeking Alpha” published on May 07, 2019 as well as Seekingalpha.com‘s news article titled: “Qualcomm announces chips for mid-range phones – Seeking Alpha” with publication date: April 09, 2019.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on July, 24. They expect $0.62 EPS, down 31.87% or $0.29 from last year’s $0.91 per share. QCOM’s profit will be $753.73M for 33.29 P/E if the $0.62 EPS becomes a reality. After $0.61 actual EPS reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts 1.64% EPS growth.

Investors sentiment decreased to 0.73 in Q4 2018. Its down 0.04, from 0.77 in 2018Q3. It turned negative, as 91 investors sold QCOM shares while 491 reduced holdings. 104 funds opened positions while 322 raised stakes. 1.00 billion shares or 4.55% less from 1.05 billion shares in 2018Q3 were reported. Moreover, Beck Mack And Oliver Limited Liability Com has 1.71% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 750,889 shares. Carret Asset Limited Liability Corporation invested in 0.05% or 5,355 shares. Jacobs And Company Ca owns 112,919 shares. The New York-based Kings Point Cap Mgmt has invested 0.01% in QUALCOMM Incorporated (NASDAQ:QCOM). Jasper Ridge Prtn LP accumulated 4,400 shares. Cornerstone Inv Partners Llc holds 0.11% in QUALCOMM Incorporated (NASDAQ:QCOM) or 40,389 shares. Tiverton Asset Limited Liability Com holds 0.12% in QUALCOMM Incorporated (NASDAQ:QCOM) or 36,301 shares. Gabelli Funds Ltd holds 6,500 shares or 0% of its portfolio. Canandaigua Bancorp And Trust holds 0.39% in QUALCOMM Incorporated (NASDAQ:QCOM) or 32,076 shares. Colonial Trust Advsr, a South Carolina-based fund reported 4,630 shares. 5,160 were accumulated by Fca Tx. Cap Research Glob holds 36.20 million shares or 0.72% of its portfolio. Evanson Asset Management Ltd Com accumulated 4,231 shares. Oregon Public Employees Retirement Fund has invested 0.43% in QUALCOMM Incorporated (NASDAQ:QCOM). Country Tru Bankshares has 988 shares.

Investors sentiment decreased to 0.74 in Q4 2018. Its down 0.26, from 1 in 2018Q3. It dived, as 94 investors sold T shares while 763 reduced holdings. 137 funds opened positions while 498 raised stakes. 3.65 billion shares or 3.69% more from 3.52 billion shares in 2018Q3 were reported. Smart Portfolios holds 1,615 shares. Rdl Fin accumulated 29,335 shares or 0.62% of the stock. Boltwood Capital reported 0.3% in AT&T Inc. (NYSE:T). Raymond James Tru Na reported 524,615 shares. Moreover, Proshare Advsrs Ltd has 0.66% invested in AT&T Inc. (NYSE:T). Birch Hill Invest Advsr Lc invested in 33,812 shares or 0.08% of the stock. Aldebaran stated it has 1.76% of its portfolio in AT&T Inc. (NYSE:T). Dowling And Yahnke Limited Com holds 0.55% or 171,281 shares in its portfolio. Commerzbank Aktiengesellschaft Fi reported 1.48% in AT&T Inc. (NYSE:T). Private Advisor Gru Limited holds 656,321 shares or 0.45% of its portfolio. Carret Asset Ltd Limited Liability Company reported 181,059 shares stake. Nelson Van Denburg & Campbell Wealth Management Lc stated it has 18,017 shares or 0.12% of all its holdings. Van Cleef Asset Managementinc holds 0.3% or 39,112 shares in its portfolio. 19,542 were reported by Sabal. First Business Svcs invested 0.08% of its portfolio in AT&T Inc. (NYSE:T).

Equitec Proprietary Markets Llc, which manages about $257.36 million US Long portfolio, upped its stake in Cvs Health Corp (NYSE:CVS) by 42,486 shares to 67,486 shares, valued at $4.42 million in 2018Q4, according to the filing. It also increased its holding in Cvs Health Corp (Call) (NYSE:CVS) by 117,700 shares in the quarter, for a total of 142,700 shares, and has risen its stake in Twenty First Centy Fox Inc (Call) (NASDAQ:FOXA).

Analysts await AT&T Inc. (NYSE:T) to report earnings on July, 23. They expect $0.90 EPS, down 1.10% or $0.01 from last year’s $0.91 per share. T’s profit will be $6.57 billion for 8.38 P/E if the $0.90 EPS becomes a reality. After $0.86 actual EPS reported by AT&T Inc. for the previous quarter, Wall Street now forecasts 4.65% EPS growth.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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MBM Wealth Consultants LLC Purchases 538 Shares of QUALCOMM, Inc. (NASDAQ:QCOM)

MBM Wealth Consultants LLC grew its position in QUALCOMM, Inc. (NASDAQ:QCOM) by 12.1% during the 1st quarter, according to the company in …

QUALCOMM logoMBM Wealth Consultants LLC grew its position in QUALCOMM, Inc. (NASDAQ:QCOM) by 12.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,990 shares of the wireless technology company’s stock after purchasing an additional 538 shares during the period. MBM Wealth Consultants LLC’s holdings in QUALCOMM were worth $285,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lavaca Capital LLC bought a new position in shares of QUALCOMM in the 4th quarter valued at about $25,000. Csenge Advisory Group bought a new position in shares of QUALCOMM in the 3rd quarter valued at about $28,000. Field & Main Bank acquired a new stake in shares of QUALCOMM during the 1st quarter worth about $32,000. Baldwin Brothers Inc. MA acquired a new stake in shares of QUALCOMM during the 1st quarter worth about $34,000. Finally, Transamerica Financial Advisors Inc. lifted its stake in shares of QUALCOMM by 688.5% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 615 shares of the wireless technology company’s stock worth $35,000 after buying an additional 537 shares during the last quarter. Institutional investors own 83.44% of the company’s stock.

In other QUALCOMM news, Director Clark T. Jr. Randt sold 2,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $89.58, for a total transaction of $179,160.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Cristiano R. Amon sold 17,318 shares of the stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $84.87, for a total transaction of $1,469,778.66. Following the completion of the sale, the president now directly owns 79,862 shares in the company, valued at $6,777,887.94. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 966,081 shares of company stock valued at $37,453,375. 0.11% of the stock is owned by company insiders.

Several analysts have weighed in on QCOM shares. BMO Capital Markets reiterated a “market perform” rating on shares of QUALCOMM in a research note on Thursday, January 31st. Zacks Investment Research lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, February 19th. Cowen restated an “outperform” rating and issued a $70.00 price target (down previously from $73.00) on shares of QUALCOMM in a research report on Thursday, January 31st. ValuEngine upgraded shares of QUALCOMM from a “sell” rating to a “hold” rating in a research report on Tuesday, March 5th. Finally, Bank of America upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $90.00 to $105.00 in a research report on Thursday, May 2nd. Seven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. QUALCOMM has an average rating of “Buy” and a consensus target price of $83.09.

Shares of NASDAQ QCOM traded down $0.33 during trading on Thursday, hitting $84.21. The stock had a trading volume of 12,174,951 shares, compared to its average volume of 18,703,133. The firm has a market cap of $105.55 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 2.08 and a beta of 1.45. The company has a debt-to-equity ratio of 3.98, a current ratio of 1.55 and a quick ratio of 1.39. QUALCOMM, Inc. has a 12 month low of $49.10 and a 12 month high of $90.34.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, May 1st. The wireless technology company reported $0.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.07. The company had revenue of $4.88 billion during the quarter, compared to analyst estimates of $4.83 billion. QUALCOMM had a net margin of 11.57% and a return on equity of 56.69%. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.80 earnings per share. On average, research analysts anticipate that QUALCOMM, Inc. will post 3.14 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, June 6th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, June 5th. This represents a $2.48 annualized dividend and a yield of 2.95%. QUALCOMM’s payout ratio is currently 77.74%.

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About QUALCOMM

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.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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