IT&Software

Were Analysts Bearish QUALCOMM Incorporated (NASDAQ:QCOM) This Week?

Were Analysts Bearish QUALCOMM Incorporated (NASDAQ:QCOM) This Week?

The Brave Asset Management Inc holds 136,200 shares with $9.11 million value, up from 120,300 last quarter.

Among 36 analysts covering Qualcomm Inc. Over the last three months, insiders have sold 29,427 shares of company stock worth $1,827,995. On average, equities analysts predict that QUALCOMM will post $4.23 earnings per share for the current year.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, November 1st. It has underperformed by 7.39% the S&P500. Legal & General Group Plc acquired 15,324 shares as Helmerich & Payne Inc (HP)'s stock declined 12.04%. After $0.82 actual EPS reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -6.10% negative EPS growth. Centurylink Inc now has $15.29B valuation. The stock increased 1.67% or $0.98 during the last trading session, reaching $59.56. About 2.26M shares traded or 32.14% up from the average. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since December 3, 2016 and is uptrending. The company had revenue of $5.99 billion during the quarter, compared to analyst estimates of $5.86 billion. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. Therefore 100% are positive. North Star Mgmt Corporation reported 0.07% in QUALCOMM Incorporated (NASDAQ:QCOM). QUALCOMM now has an average rating of "Hold" and an average price target of $66.02. The firm has "Buy" rating by Northland Capital given on Thursday, November 2. Bokf Na invested 0.14% in QUALCOMM Incorporated (NASDAQ:QCOM). The firm earned "Neutral" rating on Monday, January 23 by Instinet. The firm has "Outperform" rating given on Friday, September 15 by Northland Capital. As per Monday, July 27, the company rating was upgraded by Morgan Stanley. As per Thursday, August 24, the company rating was maintained by Piper Jaffray. The stock has "Hold" rating by Deutsche Bank on Thursday, July 20. Skba Cap Management has invested 2.46% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM).

Investors of record on Wednesday, November 29th will be paid a dividend of $0.57 per share. The wireless technology company reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.29. It fall, as 89 investors sold QCOM shares while 481 reduced holdings.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Reilly Advsrs Ltd Llc reported 0.1% stake. Hengehold Capital Mngmt Limited Company invested in 38,527 shares or 0.6% of the stock. Valley National Advisers reported 5,730 shares. Birch Hill Advsr Limited Liability Corp stated it has 3,651 shares or 0.02% of all its holdings.

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Vaughan David Investments Il stated it has 0.91% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Commerzbank Aktiengesellschaft Fi accumulated 196,361 shares. Smithbridge Asset Management Inc De holds 1.11% or 24,366 shares in its portfolio.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results on Wednesday, November 1st. Following the transaction, the executive vice president now owns 76,246 shares of the company's stock, valued at $4,005,202.38. Brown Advisory Inc invested in 0% or 9,860 shares. Barrington Strategic Wealth Gp Ltd Liability Com reported 18,035 shares. Tokio Marine Asset Mngmt Limited invested in 14,820 shares. Magnetar Ltd has 0.01% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Page Arthur B reported 8,520 shares. Therefore 50% are positive. Helmerich & Payne had 112 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Scorpio Bulkers Inc. (NYSE:HP) earned "Underperform" rating by Macquarie Research on Friday, January 8. As per Friday, September 30, the company rating was upgraded by Mizuho. The firm has "Overweight" rating by JP Morgan given on Thursday, December 17. (NYSE:HP) has "Neutral" rating given on Wednesday, October 5 by Citigroup. The stock of Banco Bradesco S.A. (NYSE:BBD) has "Buy" rating given on Monday, September 11 by Goldman Sachs. The company was upgraded on Thursday, January 12 by Rosenblatt. Vetr raised QUALCOMM from a "hold" rating to a "buy" rating and set a $69.52 target price for the company in a research report on Monday, November 13th.

Investors sentiment decreased to 0.93 in Q2 2017. Its down 0.14, from 1.02 in 2017Q1. 81 funds opened positions while 191 raised stakes. 116.34 million shares or 4.63% more from 111.19 million shares in 2017Q1 were reported. 72,130 are owned by Tradition Ltd Com. Conning has 0.01% invested in CenturyLink, Inc. Johnson & Johnson (NYSE:JNJ) was reduced too. Great West Life Assurance Can stated it has 0.02% of its portfolio in EQT Corporation (NYSE:EQT). (NYSE:HP) for 79,906 shares. Barrow Hanley Mewhinney Strauss Ltd Llc reported 25.18M shares stake. Ontario Teachers Pension Plan Board has invested 0.03% in Helmerich & Payne, Inc. The New York-based Jana Partners Llc has invested 6.78% in the stock. Tennessee-based Argent Trust Com has invested 0.34% in QUALCOMM Incorporated (NASDAQ:QCOM). Boston Partners holds 0% or 16,835 shares in its portfolio. Minnesota-based Gradient has invested 0.42% in Helmerich & Payne, Inc.

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