Carret Asset Management LLC Decreased Qualcomm INC (QCOM) Stake by $3.56 Million; Shares Declined

May 16, 2018 - By Darrel Chase

QUALCOMM Incorporated (NASDAQ:QCOM) Corporate LogoBig Money Sentiment decreased to 0.83 in Q4 2017. It has change of 0.02, from 2017Q3’s 0.85. The ratio worsened due to QCOM positioning: 89 sold and 518 reduced. 160 funds amassed positions and 346 increased positions. Investors holded 1.10 billion in 2017Q3 but now own 1.11 billion shares or 0.73% more. Mirador Prtnrs Ltd Partnership holds 0.14% or 3,968 shs in its capital. Epoch Invest Prtnrs reported 0.58% of its capital in QUALCOMM Incorporated (NASDAQ:QCOM). Envestnet Asset Mgmt accumulated 0.08% or 532,389 shs. Psagot Invest House Ltd has 4,026 shs for 0.01% of their capital. Parsons Cap Ri has invested 0.16% in QUALCOMM Incorporated (NASDAQ:QCOM). Dynamic Capital Management Ltd holds 0.24% of its capital in QUALCOMM Incorporated (NASDAQ:QCOM) for 10,810 shs. Sfe Counsel has 3.37% invested in QUALCOMM Incorporated (NASDAQ:QCOM). 109,421 are held by Columbia L L C Invest Management. Sather Gru Inc owns 3.34% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 208,713 shs. Haverford holds 18,410 shs or 0.02% of its capital. 593 are owned by Point72 Asia (Hong Kong) Limited. Nuveen Asset Management Limited Liability Corp reported 643,039 shs. Bp Public Limited Company accumulated 170,000 shs. 25,752 were reported by Loudon Mngmt Ltd. Salem Investment Counselors invested in 0.92% or 133,167 shs.

QCOM had 8 insider sales and 0 buys since January 9, 2018. This’s net activity of $7.62 million. On Friday, March 9 THOMPSON JAMES H also sold $3.14M worth of QUALCOMM Incorporated (NASDAQ:QCOM). ROGERS ALEXANDER H sold $48,627 worth of stock. On Tuesday, May 8 Rosenberg Donald J had sold 11,670 shs worth $618,603. On Tuesday, May 8 Shares for $852,989 were sold by AMON CRISTIANO R.

In 2017Q4 Securities and Exchange filling is reported Carret Asset Management Llc’s stake in Qualcomm Inc (QCOM) which was reduced by 89.78%. The company’s stock sank 15.28% while Carret Asset Management Llc sold 56,562 shares. The institutional investor is holding 6,438 shares, compared to the 63,000 from the previous quarter. And the announced value of the radio and television broadcasting and communications equipment company is $412,000 for the 2017Q4. For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

On July, 18 WallStreet expected QUALCOMM Incorporated (NASDAQ:QCOM)’s earnings report, as reported by Faxor. Analysts have anticipation on stock’s EPS of $0.58. That’s down 17.14 % from last year’s $0.7 EPS. If EPS of $0.58 is announced the profit of QCOM could reach $859.92M giving it 24.47 P/E. Wall Street now predicts -13.43 % negative EPS growth despite QUALCOMM Incorporated previous quarter’s EPS of $0.67.

For more QUALCOMM Incorporated (NASDAQ:QCOM) news published recently go to: Benzinga.com, Seekingalpha.com, Nasdaq.com, Seekingalpha.com or 247Wallst.com. The titles are as follows: “Dan Nathan Sees Unusual Options Activity In Qualcomm” published on May 15, 2018, “Qualcomm: Path To Higher Profits” on May 02, 2018, “Get a Grip on 5G Technology Before You Buy These Stocks” with a publish date: May 15, 2018, “China restarts Qualcomm-NXP deal review” and the last “US Promises Help for ZTE; China Reopens Qualcomm-NXP Merger Deliberations” with publication date: May 15, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Ratings Coverage

In total 17 analysts cover Qualcomm Inc (NASDAQ:QCOM). “Buy” rating has 9, “Sell” are 1, while 7 are “Hold”. (NASDAQ:QCOM) has 53% bullish analysts. 34 are the (NASDAQ:QCOM)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. On Monday, November 20 the firm earned “Hold” rating by BMO Capital Markets. On Monday, February 19 the stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given by RBC Capital Markets. On Wednesday, March 7 the firm has “Hold” rating given by Stifel Nicolaus. On Thursday, April 26 the stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by Susquehanna. On Thursday, April 26 Macquarie Research maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating. Macquarie Research has “Neutral” rating and $55 target. On Tuesday, February 13 the stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Hold” rating by Charter Equity. On Wednesday, January 17 the firm earned “Buy” rating by Mizuho. On Thursday, April 26 the firm earned “Neutral” rating by UBS. On Thursday, April 26 the firm has “Hold” rating given by Stifel Nicolaus. On Monday, February 5 the firm has “Hold” rating by Stifel Nicolaus given.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Investors Chart

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