Qualcomm INC (QCOM) Stake Has Raised by Rafferty Asset Management Llc

Lloyd Doyle
December 7, 2017

About 839,764 shares traded. Kindred Healthcare, Inc. (NYSE:KND) has declined 11.89% since December 7, 2016 and is downtrending. It has underperformed by 25.83% the S&P500.

Rafferty Asset Management Llc increased its stake in Qualcomm Inc (QCOM) by 35.27% based on its latest 2017Q2 regulatory filing with the SEC. Nicholas Hoffman & Company LLC. now owns 10,744 shares of the wireless technology company's stock valued at $593,000 after purchasing an additional 105 shares during the period. The institutional investor held 328,517 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q2, valued at $18.14M, up from 242,856 at the end of the previous reported quarter. Nicholas Hoffman & Company LLC. raised its stake in shares of QUALCOMM by 1.0% during the 2nd quarter. The stock increased 0.45% or $0.29 during the last trading session, reaching $64.98.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, November 1st. It has underperformed by 7.39% the S&P500. During the same period last year, the business posted $1.28 EPS. research analysts predict that QUALCOMM Incorporated will post 3.07 earnings per share for the current year. One research analyst has rated the stock with a sell rating, nineteen have given a hold rating and twelve have assigned a buy rating to the company. Therefore 24% are positive. Qualcomm Inc. had 122 analyst reports since July 23, 2015 according to SRatingsIntel. As per Tuesday, September 8, the company rating was initiated by JP Morgan. The stock has "Hold" rating by Topeka Capital Markets on Thursday, November 5. The rating was maintained by Mizuho with "Neutral" on Tuesday, February 28. The firm has "Neutral" rating by Instinet given on Monday, January 23. Deutsche Bank maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, July 20. The stock of Bemis Company, Inc. Northland Capital has "Hold" rating and $62.5 target. QUALCOMM has an average rating of "Hold" and a consensus price target of $66.02. As per Monday, August 14, the company rating was maintained by RBC Capital Markets. The firm earned "Buy" rating on Friday, September 1 by BMO Capital Markets.

Rafferty Asset Management Llc, which manages about $7.35 billion and $3.48B US Long portfolio, decreased its stake in Goldman Sachs Group Inc (NYSE:GS) by 15,595 shares to 54,533 shares, valued at $12.10 million in 2017Q2, according to the filing. Court Place Advisors Limited Liability reported 20,472 shares or 0.54% of all its holdings.

There are 1,491 institutional holders with active positions, accounting for 1.15 billion shares in total. Arcadia Inv Corporation Mi, Michigan-based fund reported 210 shares. Meiji Yasuda Asset Mngmt Limited invested in 0.18% or 31,168 shares. Riverhead Cap Management Ltd Limited Liability Company has 0.2% invested in Bemis Company, Inc. Franklin Street Nc accumulated 0.11% or 11,151 shares. Dorsey And Whitney Ltd Liability Corporation stated it has 152,855 shares. Afam Cap Inc invested in 0.58% or 82,044 shares. (NYSE:BMS) or 8,207 shares. (NYSE:BMS). Rhumbline Advisers stated it has 176,804 shares or 0.02% of all its holdings. (NYSE:BMS) for 206 shares. Hanson Mcclain invested in 396 shares. The Minnesota-based Marquette Asset has invested 0.12% in Bemis Company, Inc.

More notable recent Kindred Healthcare, Inc. QUALCOMM Incorporated has a 52 week low of $48.92 and a 52 week high of $70.24. (NYSE:KND) were released by: Fool.com and their article: "Why Valeant Pharmaceuticals International, Denbury Resources, and Kindred ..." published on November 07, 2017 as well as Bizjournals.com's news article titled: "U of L, Kindred Healthcare have a new tech innovation partnership" with publication date: November 16, 2017. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Reuters.com and their article: "Broadcom profit beats as Qualcomm takeover fight intensifies" published on December 06, 2017 as well as Reuters.com's news article titled: "Qualcomm files new patent infringement complaints against Apple" with publication date: November 30, 2017.

QUALCOMM Incorporated (NASDAQ:QCOM) has seen its stock price gain 0.22, or -0.34%, so far in 2017. Its down 0.05, from 1.03 in 2017Q1.

BidaskClub cut shares of QUALCOMM (NASDAQ:QCOM) from a buy rating to a hold rating in a report issued on Wednesday.

The most recent non open market insider trade was completed by MODOFF BRIAN on 11/20/2017, and was a disposition of 1,886 shares with a final price of $66.47. Northstar Invest Advsrs Ltd accumulated 118,198 shares. 48,500 were reported by Clark Estates Ny. Mufg Americas Hldg holds 0.21% or 116,849 shares.

Looking at insider trading can give great insight into how QUALCOMM Incorporated (NASDAQ:QCOM) is performing. "Ltd. Raises Holdings in QUALCOMM Incorporated (NASDAQ:QCOM)" was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. Vetr upgraded shares of QUALCOMM from a hold rating to a buy rating and set a $75.00 price target on the stock in a research note on Monday, November 27th. Kelly Lawrence W Assocs Ca invested in 0.23% or 21,058 shares.

QUALCOMM Incorporated (NASDAQ QCOM) opened at $64.98 on Thursday. Stifel Nicolaus downgraded shares of QUALCOMM from a buy rating to a hold rating and raised their price target for the company from $65.00 to $75.00 in a research note on Tuesday, November 28th. New York State Teachers Retirement has invested 0.35% in QUALCOMM Incorporated (NASDAQ:QCOM). Morgan Stanley has invested 0.17% in QUALCOMM Incorporated (NASDAQ:QCOM).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Other reports by Iphone Fresh

Discuss This Article