The Cedar Capital LLC Takes Position in QUALCOMM, Inc. (QCOM)

Lloyd Doyle
March 14, 2018

Jacobi Capital Management LLC now owns 2,767 shares of the wireless technology company's stock worth $154,000 after acquiring an additional 200 shares during the period. Ionic Capital Management Llc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $88.38B market cap company. The stock decreased 0.30% or $0.19 during the last trading session, reaching $62.84. About 38.46 million shares traded or 239.65% up from the average. It has underperformed by 7.39% the S&P500.

Kevin Kotler decreased its stake in Alnylam Pharmaceuticals Inc (ALNY) by 59.05% based on its latest 2017Q3 regulatory filing with the SEC. Bar Harbor Trust Services sold 4,864 shares as the company's stock rose 4.75% with the market. The institutional investor held 101,779 shares of the semiconductors company at the end of 2017Q3, valued at $18.20M, down from 134,939 at the end of the previous reported quarter. We observed -2.03% rate of return for a stock for the last 5-trading days, which was maintained for the month at 17.68%. About 9.23 million shares traded. Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) has risen 33.54% since March 13, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q3. Its up 0.20, from 0.85 in 2017Q2. At present, 5 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data.

A number of other hedge funds have also made changes to their positions in QCOM. State Of Alaska Department Of Revenue holds 3,357 shares or 0.01% of its portfolio. Midas reported 20,000 shares or 0.55% of all its holdings. First City Capital stated it has 0.65% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). FMR LLC now owns 80,528,523 shares of the wireless technology company's stock worth $4,446,786,000 after acquiring an additional 11,387,347 shares during the period.

For the current quarter, 17 analysts are projecting a mean EPS of $0.7/share. Dodge Cox accumulated 0.86% or 9.14M shares. Mcf Advsrs Ltd Liability Corp reported 500 shares. Commonwealth Of Pennsylvania School Empls Retrmt stated it has 120,155 shares or 0.09% of all its holdings. Moreover, Weaver C Barksdale Associate Inc has 0.03% invested in KB Home (NYSE:KBH) for 952 shares. 22,072 were reported by Evercore Wealth Limited Com. 1607 Capital Partners Llc owns 323,126 shares or 0.45% of their USA portfolio. Hillman invested in 10.23% or 228,905 shares.

QUALCOMM Incorporated (NASDAQ:QCOM) gross margin percentage stands at 57.3% while its operating margin for the past trailing twelve month is 8.3 percent and its overall profit margin (ttm) is -18.6 Percent. Rothschild Investment Il holds 1.25% or 212,767 shares.

Broadfin Capital Llc, which manages about $1.26 billion and $676.01 million US Long portfolio, upped its stake in Heron Therapeutics Inc (NASDAQ:HRTX) by 3.15M shares to 3.46M shares, valued at $55.81M in 2017Q3, according to the filing. The forecast of 4 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and fourteen have issued a buy rating to the company. Therefore 44% are positive. Qualcomm Inc. had 135 analyst reports since July 23, 2015 according to SRatingsIntel. 12,577 are held by Excalibur. The firm has "Neutral" rating by JP Morgan given on Wednesday, December 14. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned "Buy" rating by Stifel Nicolaus on Thursday, July 23. The company was maintained on Thursday, July 21 by Mizuho.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 21st. The rating was maintained by RBC Capital Markets with "Buy" on Monday, January 29. Standpoint Research downgraded the shares of QCOM in report on Monday, November 6 to "Hold" rating. The firm has "Hold" rating by RBC Capital Markets given on Friday, September 8.

Since September 27, 2017, it had 0 insider purchases, and 5 selling transactions for $2.98 million activity. Moreover, Cincinnati Fincl has 2.15% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 912,500 shares. (NASDAQ:VIAB) to report earnings on May, 3. Therefore 78% are positive. Suntrust Banks Inc. had 108 analyst reports since July 20, 2015 according to SRatingsIntel. Future earnings predictions are perhaps the most essential input when trying to value a company. The stock of NVIDIA Corporation (NASDAQ:NVDA) has "Outperform" rating given on Friday, June 16 by Raymond James. Cowen & Co maintained the shares of QCOM in report on Thursday, July 21 with "Outperform" rating. Wedbush has "Buy" rating and $26.0 target. The rating was maintained by Susquehanna on Tuesday, January 16 with "Buy". The firm earned "Hold" rating on Thursday, August 27 by Evercore.

Since February 16, 2018, it had 0 buys, and 3 insider sales for $930,912 activity. Schroepfer Michael Todd sold $4.82M worth of stock. About 15,576 shares traded.

Penn Davis Mcfarland Inc. lessened its holdings in shares of QUALCOMM, Inc.

Investors sentiment decreased to 1.06 in Q3 2017. It improved, as 9 investors sold UFI shares while 28 reduced holdings. 387.15 million shares or 0.29% less from 388.29 million shares in 2017Q2 were reported. Bennicas And Assocs, a California-based fund reported 13,625 shares. Pacific Heights Asset Mngmt Ltd Liability Corp holds 0.53% or 108,000 shares in its portfolio. Comerica Securities reported 27,850 shares. The Maryland-based Montgomery Investment Management Inc has invested 0.2% in the stock. Proshare Advsr Llc holds 94,626 shares. Cadence National Bank Na holds 6,745 shares. QUALCOMM's revenue for the quarter was up 1.7% compared to the same quarter past year. The total dollar value of all 1.45 billion outstanding shares is 91.2 billion. Deutsche Bancorp Ag invested 0% of its portfolio in Apartment Investment and Management Company (NYSE:AIV). Moreover, Natixis Asset has 0.28% invested in NVIDIA Corporation (NASDAQ:NVDA). Nomura Holding Inc reported 0% stake. Thrivent For Lutherans has 24,548 shares for 0.01% of their portfolio. L S holds 1.03% or 34,272 shares. Cambridge Advisors Inc holds 0.23% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 11,312 shares.

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