As Qualcomm (QCOM) Stock Value Declined, Clinton Group Has Decreased Its Holding by $1.24 …

Clinton Group Inc decreased its stake in Qualcomm Inc (QCOM) by 33.34% based on its latest 2018Q3 regulatory filing with the SEC. Clinton Group …

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Clinton Group Inc decreased its stake in Qualcomm Inc (QCOM) by 33.34% based on its latest 2018Q3 regulatory filing with the SEC. Clinton Group Inc sold 17,253 shares as the company’s stock declined 20.85% with the market. The hedge fund held 34,500 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q3, valued at $2.49 million, down from 51,753 at the end of the previous reported quarter. Clinton Group Inc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $67.00B market cap company. The stock increased 0.91% or $0.5 during the last trading session, reaching $55.27. About 1,679 shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 12.25% since January 22, 2018 and is downtrending. It has underperformed by 12.25% the S&P500. Some Historical QCOM News: 12/04/2018 – NXP SEMICONDUCTORS NV NXPI.O : CITIGROUP SAYS THERE IS SOME POTENTIAL FOR QCOM DEAL TO BREAK DUE TO APPROVAL FROM CHINA GIVEN THE TRADE WAR; 12/03/2018 – President Trump Says Broadcom Must Cease Attempt to Take Over Qualcomm, Citing National Security Concerns; 29/03/2018 – Qualcomm Board Members Draw Tepid Support From Shareholders; 15/05/2018 – Raging Capital Adds Qualcomm, Exits Twilio: 13F; 18/04/2018 – Márcio Magalhães Silva: Qualcomm to refile China antitrust application for $44 billion NXP takeover; 06/03/2018 – Broadcom’s deal for Qualcomm is in serious jeopardy, might have to abandon bid and come back later; 06/03/2018 – U.S. Calls Broadcom’s Bid for Qualcomm a National Security Risk; 15/03/2018 – Balancing act: Chip giant Qualcomm caught between Washington and Beíjing; 04/05/2018 – New Qualcomm Venture Will Compete With China’s Spreadtrum, Owned By Tsinghua Unigroup; 22/05/2018 – HEARING DATE SET IN PARKERVISION’S PATENT INFRINGEMENT CASE AGAINST QUALCOMM AND APPLE

First Allied Advisory Services Inc increased its stake in Target Corp (TGT) by 8383% based on its latest 2018Q3 regulatory filing with the SEC. First Allied Advisory Services Inc bought 41,915 shares as the company’s stock declined 23.46% with the market. The institutional investor held 42,415 shares of the department and specialty retail stores company at the end of 2018Q3, valued at $3.73 million, up from 500 at the end of the previous reported quarter. First Allied Advisory Services Inc who had been investing in Target Corp for a number of months, seems to be bullish on the $36.88 billion market cap company. The stock increased 1.89% or $1.31 during the last trading session, reaching $70.68. About 4.48 million shares traded. Target Corporation (NYSE:TGT) has risen 11.83% since January 22, 2018 and is uptrending. It has outperformed by 11.83% the S&P500. Some Historical TGT News: 23/05/2018 – TARGET SEES 2Q ADJ EPS $1.30 TO $1.50, EST. $1.35; 05/04/2018 – Companies including Ulta, Warby Parker and Target are opening stores, but not enough to fill every gap; 15/03/2018 – Fitch: Target’s Outlook Has Been Revised to Stable From Negative; 06/03/2018 – Target: January Comparable Sales Rose More Than 4%; 23/03/2018 – There is ‘no truth’ to Target-Kroger merger report, source tells CNBC; 23/04/2018 – DJ Target Corporation, Inst Holders, 1Q 2018 (TGT); 31/05/2018 – Target And Shipt Launch Same-day Delivery In Illinois, Ohio, Wisconsin And Michigan — MarketWatch; 06/03/2018 – TARGET SEES OPERATING MARGINS DECLINING 60BPS-80BPS IN 1Q; 19/04/2018 – Target to Launch Same-Day Delivery in Colorado; 06/03/2018 – TARGET CORP SEES FOR FULL-YEAR 2018, A LOW-SINGLE DIGIT INCREASE IN COMPARABLE SALES

First Allied Advisory Services Inc, which manages about $4.57 billion and $1.45B US Long portfolio, decreased its stake in Southern Co (NYSE:SO) by 29,550 shares to 22,257 shares, valued at $967,000 in 2018Q3, according to the filing. It also reduced its holding in Salesforce Com Inc (NYSE:CRM) by 3,682 shares in the quarter, leaving it with 6,121 shares, and cut its stake in Blackrock Corpor Hi Yld Fd I (HYT).

Among 33 analysts covering Target Corporation (NYSE:TGT), 14 have Buy rating, 3 Sell and 16 Hold. Therefore 42% are positive. Target Corporation had 111 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, April 2 the stock rating was maintained by Tigress Financial with “Buy”. Cowen & Co maintained Target Corporation (NYSE:TGT) on Thursday, July 13 with “Hold” rating. The rating was initiated by Guggenheim with “Neutral” on Friday, September 30. The rating was maintained by Barclays Capital with “Underweight” on Thursday, May 19. The stock of Target Corporation (NYSE:TGT) earned “Buy” rating by M Partners on Thursday, August 17. BMO Capital Markets maintained the shares of TGT in report on Friday, August 18 with “Market Perform” rating. The firm earned “Hold” rating on Tuesday, January 9 by BMO Capital Markets. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, August 9. The stock of Target Corporation (NYSE:TGT) earned “Outperform” rating by Telsey Advisory Group on Thursday, August 18. The company was maintained on Thursday, August 18 by Goldman Sachs.

More notable recent Target Corporation (NYSE:TGT) news were published by: Seekingalpha.com which released: “Wells Fargo digs into Target – Seeking Alpha” on January 10, 2019, also Fool.com with their article: “3 Top Retail Stocks to Buy in January – The Motley Fool” published on January 17, 2019, Investorplace.com published: “How to Profit Even If Target Stock Continues to Get No Respect – Investorplace.com” on January 04, 2019. More interesting news about Target Corporation (NYSE:TGT) were released by: Investorplace.com and their article: “Buy The Post-Holiday Sales Dip In Target Stock, Retail’s Hottest Story – Investorplace.com” published on January 11, 2019 as well as Investorplace.com‘s news article titled: “TGT is Rising, But There is Resistance at $67.50 – Investorplace.com” with publication date: January 02, 2019.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on January, 30. They expect $0.91 earnings per share, up 7.06% or $0.06 from last year’s $0.85 per share. QCOM’s profit will be $1.10 billion for 15.18 P/E if the $0.91 EPS becomes a reality. After $0.76 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts 19.74% EPS growth.

Investors sentiment decreased to 0.77 in 2018 Q3. Its down 0.17, from 0.94 in 2018Q2. It is negative, as 48 investors sold QCOM shares while 521 reduced holdings. 153 funds opened positions while 285 raised stakes. 1.05 billion shares or 4.81% less from 1.10 billion shares in 2018Q2 were reported. Tiedemann Ltd owns 3,037 shares. Ellington Grp Incorporated Ltd Com invested in 3,000 shares. Lpl Fin Limited Com owns 391,538 shares. Fort LP has 0% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 14 shares. Synovus Financial Corp reported 0.02% in QUALCOMM Incorporated (NASDAQ:QCOM). Utah Retirement stated it has 275,858 shares. Hanson Doremus Investment Mgmt holds 250 shares. Cypress Cap Group Incorporated reported 2,809 shares. Shelton Cap Mngmt invested in 0.7% or 171,401 shares. River Road Asset Mgmt Limited Liability Com invested in 913,371 shares. Hikari Tsushin Inc holds 0.22% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 13,303 shares. Boston Research And Mgmt has invested 0.1% in QUALCOMM Incorporated (NASDAQ:QCOM). Evergreen Mgmt Ltd has 0.09% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Pathstone Family Office Limited Liability Company has invested 0% in QUALCOMM Incorporated (NASDAQ:QCOM). Putnam Investments Ltd Com holds 0.49% or 3.18 million shares.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Qualcomm (QCOM) Gains But Lags Market: What You Should Know – Nasdaq” on January 04, 2019, also Streetinsider.com with their article: “Qualcomm (QCOM) Posts Security Bonds to Enforce Permanent Injunction Against Apple (AAPL) iPhones in Germany – StreetInsider.com” published on January 03, 2019, Nasdaq.com published: “Daily Dividend Report: ALLY, QCOM, NNN, UNM, GT – Nasdaq” on January 15, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: “Qualcomm talks self-driving cars, 5G at CES – Seeking Alpha” published on January 07, 2019 as well as Investorplace.com‘s news article titled: “5G Will Soon End the Winter of Discontent for Qualcomm Stock – Investorplace.com” with publication date: December 26, 2018.

Since August 27, 2018, it had 0 buys, and 7 selling transactions for $8.28 million activity. AMON CRISTIANO R also sold $1.10M worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, December 3. 6,297 shares were sold by Rosenberg Donald J, worth $347,746.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 20 Hold. Therefore 43% are positive. Qualcomm Inc. had 171 analyst reports since July 23, 2015 according to SRatingsIntel. Mizuho maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, January 14. Mizuho has “Neutral” rating and $51 target. Susquehanna upgraded the shares of QCOM in report on Wednesday, January 13 to “Positive” rating. As per Wednesday, November 29, the company rating was downgraded by Stifel Nicolaus. On Thursday, July 23 the stock rating was maintained by Topeka Capital Markets with “Hold”. The firm earned “Outperform” rating on Wednesday, November 8 by RBC Capital Markets. The firm has “Hold” rating given on Monday, June 5 by RBC Capital Markets. Rosenblatt upgraded QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, January 12 to “Buy” rating. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Outperform” rating given on Friday, January 22 by Northland Capital. Argus Research maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, January 14 with “Buy” rating. Susquehanna maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, January 16 with “Buy” rating.

Clinton Group Inc, which manages about $2.04 billion and $279.29M US Long portfolio, upped its stake in Sun Cmntys Inc (NYSE:SUI) by 5,776 shares to 14,641 shares, valued at $1.49 million in 2018Q3, according to the filing. It also increased its holding in Cboe Global Markets Inc (NASDAQ:CBOE) by 16,970 shares in the quarter, for a total of 43,235 shares, and has risen its stake in Conocophillips (NYSE:COP).

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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Present Movement: QUALCOMM (NASDAQ: QCOM)

Qualcomm Inc develops and licenses wireless technology. It also engages in designing chips for mobile phones. The company is also the world’s …

QUALCOMM trades as part of the technology sector and trades as part of the semiconductors industry. The company CEO is Steven M. Mollenkopf. Qualcomm Inc develops and licenses wireless technology. It also engages in designing chips for mobile phones. The company is also the world’s largest wireless chip vendor, supplying many premier handset makers with leading-edge processors.

Previous Intraday Trading Performance:

The QCOM stock showed a previous change of 0.91% with an open at 55.39 and a close of 55.27. It reached an intraday high of 55.90 and a low of 54.99.

SeekingAlpha: VC Deals: Niantic Gets $245M Before ‘Harry Potter’

Liquidity:

The stock has a market cap of $67.0b with 1.2b shares outstanding, of which the float is 1.2b shares. Trading volume reached 26,141,580 shares compared to its average volume of 15,556,876 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, QUALCOMM shares returned -3.54% and in the past 30 trading days it returned -3.22%. Over three months, it changed -15.48%. In one year it has changed -15.53% and within that year its 52-week high was 76.50 and its 52-week low was 48.56. QCOM stock is 13.82% above its 52 Week Low.

Our calculations show a 200 day moving average of 59.60 and a 50 day moving average of 56.73. Currently QCOM stock is trading -7.27% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire: QUALCOMM INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of QUALCOMM Incorporated – QCOM

Earnings:

The last annual fiscal EPS for the company was reported at 3.19 that ended on 30th of September 2018. Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.70. The TTM EPS is 3.19, which comes to a TTM PE of 17.33.

The following are the last four quarter reported earnings per share:

09-30-2018: 0.76

06-30-2018: 0.91

03-31-2018: 0.67

12-31-2017: 0.85

The dividend per share is currently 2.48, which is a dividend yield of 4.49%. QCOM stock may not have enough earnings to cover future dividends and still be able to invest in the business, therefore the dividend may be cut in the future.

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Base on our calculations, the intrinsic value per share is 34.90, which means it may be overvalued by -58.36%

Indicators to Watch:

Based on the latest filings, there is 0.10% of insider ownership and 137.40% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.34

Business Wire: QUALCOMM INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of QUALCOMM Incorporated – QCOM

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -30.71%, return on assets is -9.91%, profit margin is 6.54%, price-to-sales is 3.98 and price-to-book is 72.19.

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Company Scores:

All scores are out of six:

0 :Valuation Score

0 :Past Performance Score

2 :Financial Strength Score

3 :Future Growth Score

5 :Dividend Score

2 :Overall Score

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Apple ordered to pull part of press statement in iPhone case

Qualcomm Inc, which won an iPhone ban in December, on Thursday obtained a preliminary injunction stopping its rival from using a statement that …

Apple Inc was ordered to stop using part of a press release that claims all iPhones would still be available in Germany through phone companies and resellers after it was banned from distributing several versions of the device in the country.

Qualcomm Inc, which won an iPhone ban in December, on Thursday obtained a preliminary injunction stopping its rival from using a statement that Apple distributed to the press in response to the initial ruling. The court said Apple’s release was misleading because the December judgment also ordered Apple to recall the products from resellers, according to a copy of the decision obtained by Bloomberg News.

“The press release is misleading because it contains statements that are at least potentially deceptive about the availability of the goods,” the judges wrote. “The statement conveys the impression of unlimited availability.”

The same court in December granted Qualcomm an injunction banning sales of the iPhone 7, 7 Plus, 8, 8 Plus and X in Germany, giving the chipmaker another weapon in its long and bitter licensing battle with Apple. In its subsequent press statement, Apple said while the devices would no longer be sold in its own stores, they would be still be available at mobile phone companies and resellers in 4,300 outlets in Germany.

Apple, based in Cupertino, California, didn’t immediately reply to emails and calls seeking comment. A spokesman for Qualcomm in Germany declined to immediately comment.

The Munich court press department didn’t pick up calls for comment. Apple can appeal the ruling or ask for a full hearing on the issue.

Apple’s original press release had two paragraphs. The first paragraph, which wasn’t challenged by Qualcomm, said the chipmaker’s tactics were harming innovation and consumers.

The paragraph that the court ordered the company to remove contained information about the availability of the devices and that Apple was disappointed by this verdict and planned to appeal. – Bloomberg

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Apple (AAPL) Shares Declined While Kentucky Retirement Systems Trimmed by $2.99 Million Its …

Duncker Streett & Company Inc increased its stake in Qualcomm Inc (QCOM) by 45.29% based on its latest 2018Q3 regulatory filing with the SEC.

Apple Inc. (NASDAQ:AAPL) Logo

Duncker Streett & Company Inc increased its stake in Qualcomm Inc (QCOM) by 45.29% based on its latest 2018Q3 regulatory filing with the SEC. Duncker Streett & Company Inc bought 13,866 shares as the company’s stock declined 20.85% with the market. The institutional investor held 44,479 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q3, valued at $3.20M, up from 30,613 at the end of the previous reported quarter. Duncker Streett & Company Inc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $67.00B market cap company. The stock increased 0.91% or $0.5 during the last trading session, reaching $55.27. About 28.02M shares traded or 70.04% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 12.25% since January 21, 2018 and is downtrending. It has underperformed by 12.25% the S&P500. Some Historical QCOM News: 27/05/2018 – QUALCOMM TO MEET CHINA REGULATORS THIS WEEK ON NXP DEAL: RTRS; 10/03/2018 – Patently Apple: Intel Considers Bid for Qualcomm as Fears grow that Apple may have Sway over the Broadcom Bid; 12/03/2018 – Qualcomm Also Ordered to Reconvene 2018 Shareholders Annual Meeting on Earliest Possible Date; 09/03/2018 – BROADCOM LTD FILES DEFINITIVE PROXY STATEMENT WITH U.S. SEC RELATED TO ITS SHAREHOLDER MEETING – SEC FILING; 14/03/2018 – TIMELINE-Broadcom-Qualcomm saga comes to an abrupt end; 05/03/2018 – Broadcom Reiterates Qualcomm Did Not Inform Its Own Stockholders or Broadcom of Its Secret, Voluntary Unilateral Request Filed on Jan 29, 2018; 13/03/2018 – Yahoo! Finance: Broadcom to end bid for Qualcomm, keeps plan to move to US; 09/03/2018 – QUALCOMM: EXECUTIVE CHAIRMAN ROLE DISCONTINUED; 07/03/2018 – Broadcom is pledging $1.5 billion toward U.S. 5G cellular if the company’s proposed acquisition of Qualcomm is allowed to go through; 29/05/2018 – Qualcomm Announces Expiration of its Private Exchange Offers for Four Series of Notes Open to Certain Investors

Kentucky Retirement Systems decreased its stake in Apple Inc (AAPL) by 6.37% based on its latest 2018Q3 regulatory filing with the SEC. Kentucky Retirement Systems sold 13,286 shares as the company’s stock declined 22.32% with the market. The institutional investor held 195,397 shares of the computer manufacturing company at the end of 2018Q3, valued at $44.11M, down from 208,683 at the end of the previous reported quarter. Kentucky Retirement Systems who had been investing in Apple Inc for a number of months, seems to be less bullish one the $741.73 billion market cap company. The stock increased 0.62% or $0.96 during the last trading session, reaching $156.82. About 33.75M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 0.17% since January 21, 2018 and is uptrending. It has outperformed by 0.17% the S&P500. Some Historical AAPL News: 12/03/2018 – Patently Apple: The U.S. Committee on Foreign Investment Shuts the Door on Broadcom’s Bid for Qualcomm based on Security Risks; 12/04/2018 – VIRNETX GETS $502.6M JURY VERDICT VS APPLE; 25/04/2018 – Hometown Source: Maple Apple Bread; 17/04/2018 – Apple To Launch News Subscription Service: Bloomberg — MarketWatch; 27/03/2018 – Apple is potentially broadening its reach in the classroom:; 01/05/2018 – Apple: New $100B Shr Repurchase Authorization Announced; 26/04/2018 – KUDLOW: APPLE’S COOK TOLD TRUMP YDAY ABOUT HIS EXPANSIONS PLANS; 11/04/2018 – HP First-quarter PC Shipments, Market Share Rises While Apple’s Declines — MarketWatch; 14/03/2018 – Hometown Source: Big Apple Bagel to honor local heroes; 11/04/2018 – APPLE CUTS ORDERS FOR HOMEPOD AMID POOR SALES: COMMERCIAL TIMES

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Qualcomm (QCOM) Stock Soars as Earnings Smash Expectations – Nasdaq” on July 25, 2018, also Benzinga.com with their article: “Morgan Stanley Breaks Down Qualcomm’s Best Legal Strategy With Apple (NASDAQ:QCOM)(NASDAQ:AAPL) – Benzinga” published on January 17, 2019, Seekingalpha.com published: “Qualcomm -2.7% on Q4 beats, downside revenue guide – Seeking Alpha” on November 07, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “QUALCOMM Incorporated (QCOM) Ex-Dividend Date Scheduled for September 04, 2018 – Nasdaq” published on August 31, 2018 as well as Livetradingnews.com‘s news article titled: “QUALCOMM Incorporated (NASDAQ:QCOM) 2019 Outlook – Live Trading News” with publication date: December 30, 2018.

Since August 27, 2018, it had 0 buys, and 7 insider sales for $8.28 million activity. 9,048 shares were sold by Rosenberg Donald J, worth $524,895. $54,166 worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by ROGERS ALEXANDER H.

Investors sentiment decreased to 0.77 in Q3 2018. Its down 0.17, from 0.94 in 2018Q2. It worsened, as 48 investors sold QCOM shares while 521 reduced holdings. 153 funds opened positions while 285 raised stakes. 1.05 billion shares or 4.81% less from 1.10 billion shares in 2018Q2 were reported. Cohen Klingenstein Limited holds 39,400 shares or 0.36% of its portfolio. Cutler Invest Counsel Limited Liability Corporation has invested 1.73% in QUALCOMM Incorporated (NASDAQ:QCOM). Aspiriant Limited accumulated 0.19% or 30,705 shares. Highland Capital Ltd Company invested in 0.28% or 53,074 shares. Vantage Advisors Limited Com stated it has 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Cincinnati reported 912,500 shares. Arete Wealth Lc has invested 0.05% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Ibm Retirement Fund owns 26,682 shares for 0.44% of their portfolio. Motco holds 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 835 shares. Montag Caldwell Lc invested in 1.75% or 623,236 shares. Bradley Foster & Sargent Inc Ct has 29,702 shares for 0.07% of their portfolio. Virtu Ltd Company holds 0.02% or 61,989 shares in its portfolio. Park Corp Oh has invested 0.04% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Rowland & Co Counsel Adv invested in 82,934 shares or 0% of the stock. Guinness Asset Mngmt Ltd stated it has 51,540 shares or 0.67% of all its holdings.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 20 Hold. Therefore 43% are positive. Qualcomm Inc. had 171 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Hold” rating by RBC Capital Markets on Monday, October 30. As per Monday, October 31, the company rating was upgraded by Nomura. On Monday, March 19 the stock rating was maintained by Morgan Stanley with “Underweight”. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Wednesday, April 4 by RBC Capital Markets. The stock has “Outperform” rating by Cowen & Co on Friday, September 30. Citigroup maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, April 26. Citigroup has “Hold” rating and $5600 target. Vetr upgraded QUALCOMM Incorporated (NASDAQ:QCOM) rating on Wednesday, August 19. Vetr has “Buy” rating and $69.25 target. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by Stifel Nicolaus on Thursday, August 24. Oppenheimer maintained the shares of QCOM in report on Thursday, July 23 with “Outperform” rating. BMO Capital Markets downgraded QUALCOMM Incorporated (NASDAQ:QCOM) on Friday, July 15 to “Underperform” rating.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on February, 7. They expect $4.21 earnings per share, up 8.23% or $0.32 from last year’s $3.89 per share. AAPL’s profit will be $19.91B for 9.31 P/E if the $4.21 EPS becomes a reality. After $2.91 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 44.67% EPS growth.

Among 58 analysts covering Apple Inc. (NASDAQ:AAPL), 31 have Buy rating, 1 Sell and 26 Hold. Therefore 53% are positive. Apple Inc. had 470 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Friday, January 12 by Piper Jaffray. Bank of America downgraded Apple Inc. (NASDAQ:AAPL) rating on Friday, November 2. Bank of America has “Neutral” rating and $220 target. The stock of Apple Inc. (NASDAQ:AAPL) earned “Outperform” rating by Credit Suisse on Wednesday, October 26. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Friday, January 20 by Macquarie Research. Pacific Crest maintained the stock with “Overweight” rating in Wednesday, April 27 report. Wells Fargo maintained the stock with “Market Perform” rating in Thursday, January 3 report. As per Wednesday, April 27, the company rating was maintained by FBN Securities. Pacific Crest maintained Apple Inc. (NASDAQ:AAPL) on Friday, January 8 with “Overweight” rating. The firm earned “Buy” rating on Thursday, November 2 by Maxim Group. The rating was maintained by Citigroup with “Buy” on Friday, November 2.

Investors sentiment decreased to 0.67 in 2018 Q3. Its down 0.04, from 0.71 in 2018Q2. It fall, as 54 investors sold AAPL shares while 1030 reduced holdings. 151 funds opened positions while 577 raised stakes. 2.68 billion shares or 3.22% less from 2.77 billion shares in 2018Q2 were reported. Royal Bancorporation Of Scotland Gp Public Ltd holds 46,884 shares. Loomis Sayles & Communications Ltd Partnership owns 77,152 shares. Academy Management Incorporated Tx stated it has 63,113 shares. Pennsylvania-based Copeland Capital Lc has invested 0.48% in Apple Inc. (NASDAQ:AAPL). Etrade Cap Mngmt Limited holds 71,008 shares. 77,955 are held by Maple Capital Mngmt. Efg Asset (Americas) accumulated 0.73% or 11,259 shares. Skylands Capital Ltd Liability reported 295,700 shares stake. Soros Fund Management Ltd holds 89,300 shares. Summit Fincl Strategies Inc owns 7,566 shares or 0.78% of their US portfolio. Marshwinds Advisory Com holds 0.19% or 1,852 shares. Horan Advsrs Ltd Llc accumulated 30,232 shares. Moreover, Wells Fargo And Mn has 1.5% invested in Apple Inc. (NASDAQ:AAPL). Ironwood Inv Counsel Limited Liability stated it has 3.22% in Apple Inc. (NASDAQ:AAPL). Next Century Growth Llc reported 21,068 shares.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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Penn Davis Mcfarland Inc. Sells 9658 Shares of QUALCOMM, Inc. (QCOM)

Penn Davis Mcfarland Inc. cut its stake in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 2.1% in the fourth quarter, according to the company in its …

QUALCOMM logoPenn Davis Mcfarland Inc. cut its stake in shares of QUALCOMM, Inc. (NASDAQ:QCOM) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 459,988 shares of the wireless technology company’s stock after selling 9,658 shares during the period. QUALCOMM makes up 10.2% of Penn Davis Mcfarland Inc.’s holdings, making the stock its 2nd biggest holding. Penn Davis Mcfarland Inc.’s holdings in QUALCOMM were worth $26,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of New York Mellon Corp grew its holdings in QUALCOMM by 1,897,041.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 20,830,615 shares of the wireless technology company’s stock worth $1,500,428,000 after acquiring an additional 20,829,517 shares in the last quarter. Morgan Stanley grew its holdings in QUALCOMM by 163.2% during the 3rd quarter. Morgan Stanley now owns 18,891,278 shares of the wireless technology company’s stock worth $1,360,740,000 after acquiring an additional 11,713,988 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in QUALCOMM during the 3rd quarter worth approximately $357,926,000. Capital World Investors grew its holdings in QUALCOMM by 33.5% during the 3rd quarter. Capital World Investors now owns 18,580,637 shares of the wireless technology company’s stock worth $1,338,363,000 after acquiring an additional 4,662,437 shares in the last quarter. Finally, Clearbridge Investments LLC grew its holdings in QUALCOMM by 28.8% during the 3rd quarter. Clearbridge Investments LLC now owns 9,192,851 shares of the wireless technology company’s stock worth $662,161,000 after acquiring an additional 2,058,096 shares in the last quarter. Institutional investors and hedge funds own 89.56% of the company’s stock.

Shares of QUALCOMM stock opened at $55.27 on Monday. The firm has a market cap of $67.00 billion, a price-to-earnings ratio of 17.33, a PEG ratio of 1.69 and a beta of 1.40. The company has a quick ratio of 1.40, a current ratio of 1.55 and a debt-to-equity ratio of 16.56. QUALCOMM, Inc. has a one year low of $48.56 and a one year high of $76.50.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, November 7th. The wireless technology company reported $0.90 EPS for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.20. The company had revenue of $5.83 billion during the quarter, compared to the consensus estimate of $5.54 billion. QUALCOMM had a negative net margin of 21.40% and a positive return on equity of 26.21%. QUALCOMM’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 EPS. On average, equities research analysts forecast that QUALCOMM, Inc. will post 3.53 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, March 7th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Wednesday, March 6th. This represents a $2.48 dividend on an annualized basis and a yield of 4.49%. QUALCOMM’s payout ratio is currently 77.74%.

In other news, EVP Donald J. Rosenberg sold 6,297 shares of the company’s stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $55.22, for a total transaction of $347,720.34. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Alexander H. Rogers sold 853 shares of the company’s stock in a transaction on Monday, October 29th. The stock was sold at an average price of $63.50, for a total transaction of $54,165.50. Following the transaction, the executive vice president now directly owns 4,344 shares in the company, valued at $275,844. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,521 shares of company stock valued at $2,030,355. 0.24% of the stock is owned by insiders.

Several research firms have commented on QCOM. KeyCorp assumed coverage on shares of QUALCOMM in a report on Tuesday, September 25th. They set a “sector weight” rating for the company. Canaccord Genuity reduced their price objective on shares of QUALCOMM from $88.00 to $86.00 and set a “buy” rating for the company in a research report on Tuesday, September 25th. BidaskClub downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Wednesday, September 26th. Tigress Financial restated a “buy” rating on shares of QUALCOMM in a research report on Friday, September 28th. Finally, Stifel Nicolaus boosted their price objective on shares of QUALCOMM from $58.00 to $62.00 and gave the stock a “hold” rating in a research report on Thursday, September 27th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the company. QUALCOMM presently has an average rating of “Hold” and an average target price of $68.67.

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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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