QUALCOMM Incorporated (QCOM) Shares Reduced by Orbis Investment Management US LLC

ARM Holdings CEO Simon Segars speaks at Mobile World Congress 2015

Arm CEO Simon Segars and his chip design company won't be investing in Qualcomm. Stephen Shankland CNET

Krilogy Financial LLC now owns 2,331 shares of the wireless technology company's stock worth $129,000 after acquiring an additional 745 shares during the period. Another trade for 43,000 shares valued at $2.81M was made by GROB MATTHEW S on Tuesday, January 9. The stock decreased 1.55% or $1.12 during the last trading session, reaching $71.01. Everence Capital Inc accumulated 47,696 shares. Citigroup Inc. (NYSE:C) has risen 17.06% since April 14, 2017 and is uptrending. It has underperformed by 5.59% the S&P500.

Tci Wealth Advisors Inc increased its stake in Qualcomm Inc (QCOM) by 212.2% based on its latest 2017Q4 regulatory filing with the SEC. Pitcairn Company sold 4,214 shares as Lincoln Natl Corp Ind (LNC)'s stock declined 7.45%. The radio and television broadcasting and communications equipment company reported $44.76 million value for the 2017Q4. Petersen Flynn & Dinsmore Inc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $82.50B market cap company. About 8.97M shares traded. Moreover, Saturna Capital Corporation has 1.62% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 824,472 shs. The stock underperformed the S&P 500 by 14.76%.

In total 20 analysts cover Qualcomm Inc (NASDAQ:QCOM). Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and thirteen have assigned a buy rating to the company. Therefore 55% are positive. Qualcomm Inc. had 141 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Monday, February 19 by RBC Capital Markets. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has "Buy" rating given on Tuesday, October 31 by Mizuho. The rating was maintained by BMO Capital Markets on Wednesday, July 19 with "Hold". The company was downgraded on Wednesday, March 7 by Stifel Nicolaus. QUALCOMM presently has a consensus rating of Hold and a consensus target price of $67.82. Susquehanna maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Monday, March 26. Nomura raised shares of QUALCOMM from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $58.00 to $75.00 in a research note on Tuesday, January 16th. They expect $1.40 earnings per share, up 34.62% or $0.36 from last year's $1.04 per share. QCOM's profit will be $814.19M for 25.33 P/E if the $0.55 EPS becomes a reality.

QCOM has been the topic of several analyst reports.

During Q4 2017 the big money sentiment decreased to 0.83. Its up 0.06, from 1.15 in 2017Q3. It worsened, as 89 investors sold QUALCOMM Incorporated shares while 518 reduced holdings. 160 funds amassed stakes and 346 increased stakes. Schwartz Investment Counsel has 11,400 shares for 0.04% of their portfolio. Cranbrook Wealth Management Ltd Company holds 0% in QUALCOMM Incorporated (NASDAQ:QCOM) or 74 shares. Benedict Finance Advsr has invested 1.66% in QUALCOMM Incorporated (NASDAQ:QCOM). Bluefin Trading Llc has 110,927 shares for 0.43% of their portfolio. Cetera Llc holds 42,590 shares or 0.17% of its portfolio. Eulav Asset Mngmt holds 1.37% or 164,000 shares in its portfolio. West Oak Capital Limited Company reported 20,725 shares stake. Pinebridge Invs LP has invested 0% in QUALCOMM Incorporated (NASDAQ:QCOM). Winfield Associate holds 310 shares or 0.01% of its portfolio. Amica Pension Fund Board Of Trustees accumulated 57,541 shares. First Midwest Bank & Trust Trust Division reported 0.04% stake. Levin Cap Strategies Ltd Partnership owns 65,247 shares. 51,601 were reported by Pinnacle Assoc Limited.

Lombard Odier Asset Management Usa Corp, which manages about $3.79B and $1.30B US Long portfolio, decreased its stake in Paypal Hldgs Inc by 100,000 shares to 150,000 shares, valued at $11.04M in 2017Q4, according to the filing.

Since October 27, 2017, it had 0 insider purchases, and 6 insider sales for $6.14 million activity. (NASDAQ:QCOM) will post earnings of $0.70 per share for the current fiscal quarter, Zacks reports. Plante Moran Advsrs Limited Liability Com invested in 484 shares. Therefore 39% are positive. Finally, Caisse DE Depot ET Placement DU Quebec increased its stake in QUALCOMM by 4.8% during the fourth quarter. The company was upgraded on Monday, January 22 by SunTrust. The firm has "Buy" rating given on Monday, November 6 by UBS. The firm had revenue of $6.10 billion during the quarter, compared to analysts' expectations of $5.93 billion. Cowen and Company dropped their price objective on QUALCOMM to $73.00 in a research note on Thursday, January 26th. Oppenheimer maintained it with "Outperform" rating and $70 target in Thursday, July 23 report. The firm has "Buy" rating given on Friday, October 14 by Mizuho. (NASDAQ:FB) has "Outperform" rating given on Thursday, January 28 by FBR Capital. As per Tuesday, September 19, the company rating was maintained by Mizuho.

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.02, from 0.85 in 2017Q3. Kelman Lazarov Inc. raised its position in QUALCOMM by 6.1% in the third quarter. Brown Brothers Harriman & Commerce invested in 2.7% or 7.66 million shares. Colorado-based Denver Invest Advsr Ltd Limited Liability Company has invested 0.48% in QUALCOMM Incorporated (NASDAQ:QCOM).

Since December 14, 2017, it had 0 buys, and 5 insider sales for $10.28 million activity. (NYSE:SRC) or 9,551 shares. Virginia-based Vnbtrust Natl Association has invested 0.27% in QUALCOMM Incorporated (NASDAQ:QCOM). Geode Capital Management LLC now owns 16,243,388 shares of the wireless technology company's stock valued at $1,037,808,000 after acquiring an additional 498,411 shares during the period. After $2.20 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -36.36% negative EPS growth. Blume Capital Mngmt invested in 2.53% or 77,335 shs. Humana Inc (NYSE:HUM) was reduced too.

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