Legacy Private Trust Co.'s holdings in QUALCOMM were worth $235,000 at the end of the most recent reporting period.
On 05/18/2017 close, New Residential Investment Corp. Winslow Evans & Crocker Inc. now owns 4,460 shares of the wireless technology company's stock valued at $305,000 after buying an additional 434 shares in the last quarter.
Retirement Systems Of Alabama, which manages about $17.23 billion US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 430,916 shares to 5.50 million shares, valued at $341.46 million in 2016Q4, according to the filing.
The Stock now has a consensus recommendation of 2.20. Vanguard Group Inc. increased its stake in QUALCOMM by 2.2% in the first quarter. Edmond DE Rothschild Monaco bought a new stake in QUALCOMM during the third quarter worth $112,000.
A number of hedge funds have recently added to or reduced their stakes in the company.
Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Up in the future. (NASDAQ:QCOM) on strength during trading on Thursday after Vetr downgraded the stock from a strong-buy rating to a buy rating.
The company has a market capitalization of $85.20 billion, a PE ratio of 19.22 and a beta of 1.31. The company's 50-day moving average price is $54.67 and its 200 day moving average price is $60.05. QUALCOMM also was the recipient of unusually large options trading activity on Friday. Traders purchased 51,480 call options on the company. This represents an increase of 364% compared to the average daily volume of 11,084 call options.
Mai Wealth Advisors increased its stake in Qualcomm Incorporated (QCOM) by 58.73% based on its latest 2016Q4 regulatory filing with the SEC. Analysts have a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The business had revenue of $5.99 billion during the quarter, compared to analysts' expectations of $5.86 billion. QUALCOMM had a net margin of 20.56% and a return on equity of 20.25%. QUALCOMM's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.04 EPS. Firefly Value Partners Lp acquired 230,000 shares as Morgan Stanley (Put) (MS)'s stock 0.00%.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 21st. After $1.20 actual EPS reported by QUALCOMM, Inc. for the previous quarter, Wall Street now forecasts -43.33% negative EPS growth. The ex-dividend date of this dividend is Friday, May 26th. It seems that the stock might see muted action given an ABR of 2.5 or Hold rating. Capital Lc has invested 0.6% in QUALCOMM, Inc. The $19.16 level represents at least another 1.49% downside for the stock from its current price.
TRADEMARK VIOLATION NOTICE: "Investors Sell Shares of QUALCOMM, Inc". If you are viewing this piece on another site, it was illegally copied and reposted in violation of USA & global copyright and trademark laws. The stock has "Neutral" rating by Mizuho on Thursday, November 5. (NASDAQ:QCOM) has "Outperform" rating given on Thursday, July 21 by Cowen & Co. Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions. RBC Capital Markets maintained the shares of KMI in report on Thursday, October 22 with "Outperform" rating. JPMorgan Chase & Co. dropped their target price on shares of QUALCOMM from $55.00 to $50.00 and set a "neutral" rating for the company in a research report on Tuesday, May 2nd. Jacobi Capital Management LLC now owns 2,467 shares of the wireless technology company's stock worth $164,000 after buying an additional 248 shares during the last quarter. Evercore downgraded the stock to "Hold" rating in Friday, July 1 report.
In other news, Director Ann M. Livermore bought 9,000 shares of the firm's stock in a transaction that occurred on Thursday, May 11th. Cornerstone Advisors Inc holds 0.03% of its portfolio in Kinder Morgan Inc (NYSE:KMI) for 1,529 shares. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The stock was purchased at an average cost of $54.59 per share, with a total value of $491,310.00.