As Qualcomm INC (QCOM) Stock Declined, Holder Advisors Capital Management LLC Raised Its Position

July 13, 2018 - By Jenna Rose

QUALCOMM Incorporated (NASDAQ:QCOM) LogoInvestors sentiment decreased to 0.78 in 2018 Q1. Its down 0.05, from 0.83 in 2017Q4. It fall, as 104 investors sold QCOM shares while 500 reduced holdings. 100 funds opened positions while 370 raised stakes. 1.11 billion shares or 0.11% less from 1.11 billion shares in 2017Q4 were reported. Lincoln Corp has invested 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Meritage Port Mngmt, a Kansas-based fund reported 47,744 shares. Asset holds 0.24% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 92,811 shares. Moreover, Kornitzer Cap Mngmt Ks has 0.45% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 476,392 shares. Pitcairn stated it has 0.06% in QUALCOMM Incorporated (NASDAQ:QCOM). Financial Bank Of The West has 0.19% invested in QUALCOMM Incorporated (NASDAQ:QCOM). 8,057 were accumulated by Hgk Asset Mngmt. Parkside Bancshares And stated it has 1,223 shares. Iberiabank owns 6,119 shares for 0.07% of their portfolio. Rnc Cap Limited Liability Company owns 2.79% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 680,496 shares. The California-based California Public Employees Retirement System has invested 0.28% in QUALCOMM Incorporated (NASDAQ:QCOM). Highland Cap Mngmt Lc owns 49,462 shares for 0.21% of their portfolio. Altavista Wealth Mgmt has invested 0.24% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Advantus Cap Management owns 149,884 shares or 0.21% of their US portfolio. Moreover, Abner Herrman & Brock Limited Com has 0.22% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 25,430 shares.

Since January 29, 2018, it had 0 buys, and 9 insider sales for $4.92 million activity. The insider THOMPSON JAMES H sold 50,126 shares worth $3.14 million. 16,082 shares were sold by AMON CRISTIANO R, worth $852,989 on Tuesday, May 8. Another trade for 11,670 shares valued at $618,603 was sold by Rosenberg Donald J.

Advisors Capital Management Llc increased its stake in Qualcomm Inc (QCOM) by 14.89% based on its latest 2018Q1 regulatory filing with the SEC. Advisors Capital Management Llc bought 74,057 shares as the company’s stock declined 10.48% with the market. The institutional investor held 571,418 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q1, valued at $31.66 million, up from 497,361 at the end of the previous reported quarter. Advisors Capital Management Llc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $86.70 billion market cap company. The stock increased 0.27% or $0.16 during the last trading session, reaching $58.48. About 2.17 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since July 13, 2017 and is uptrending. It has underperformed by 9.99% the S&P500.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Fool.com which released: “Qualcomm Faces a Renewed Threat From MediaTek” on July 06, 2018, also Seekingalpha.com with their article: “CNBC: Qualcomm could walk from NXP deal on July 25” published on July 12, 2018, Benzinga.com published: “Investors ‘Wait With Baited Breath’ Following Conflicting Reports On Qualcomm-NXP Deal” on June 15, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Globenewswire.com and their article: “Hagens Berman Reminds Investors in Qualcomm Incorporated (NASDAQ:QCOM) of the August 7, 2018 Securities …” published on June 16, 2018 as well as Fool.com‘s news article titled: “CA Inc. Will Help Broadcom Forget About the Nixed Qualcomm Merger” with publication date: July 12, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Ratings Coverage

Among 17 analysts covering Qualcomm (NASDAQ:QCOM), 8 have Buy rating, 1 Sell and 8 Hold. Therefore 47% are positive. Qualcomm had 35 analyst reports since January 16, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, February 1 by Northland Capital. RBC Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Wednesday, April 4 with “Buy” rating. Nomura upgraded QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, January 16 to “Buy” rating. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by Cowen & Co on Wednesday, January 31. KeyBanc Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, February 1. KeyBanc Capital Markets has “Overweight” rating and $73 target. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Thursday, May 10 by RBC Capital Markets. The firm earned “Neutral” rating on Thursday, April 26 by UBS. The rating was maintained by RBC Capital Markets with “Buy” on Monday, April 23. The rating was downgraded by Stifel Nicolaus on Wednesday, March 7 to “Hold”. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Hold” rating given on Thursday, April 19 by Stifel Nicolaus.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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