QUALCOMM, Inc. (QCOM) Position Boosted by Somerset Trust Co

QUALCOMM, Inc. (QCOM) Position Boosted by Somerset Trust Co
QUALCOMM, Inc. (QCOM) Position Boosted by Somerset Trust Co
Author

24 May, 2017

Liberty Capital Management Inc. now owns 6,797 shares of the wireless technology company's stock worth $390,000 after buying an additional 25 shares during the period. Capital Investment Advisors LLC's holdings in QUALCOMM were worth $8,479,000 at the end of the most recent reporting period. Finally, Adalta Capital Management LLC purchased a new position in QUALCOMM during the first quarter valued at approximately $3,349,000. The Kornitzer Capital Management Inc holds 609,466 shares with $39.74M value, up from 584,682 last quarter. American National Bank increased its position in shares of QUALCOMM by 41.0% in the first quarter. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". Northern Trust Corp boosted its position in QUALCOMM by 2.6% in the third quarter. Jacobi Capital Management LLC now owns 2,467 shares of the wireless technology company's stock valued at $164,000 after buying an additional 248 shares during the period. (NASDAQ:QCOM). Moreover, Ramsay Stattman Vela And Price has 0.24% invested in QUALCOMM, Inc. Finally, Ray Gerald L & Associates Ltd. boosted its stake in shares of QUALCOMM by 19.4% in the third quarter. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. L P now owns 16,458,657 shares of the wireless technology company's stock worth $1,073,104,000 after buying an additional 531,407 shares during the last quarter. Qualcomm Inc now has $87.56B valuation.

QUALCOMM, Inc. (NASDAQ:QCOM) yearly performance is 13.21% and net profit margin is 19.20%. The company has market cap of $72.58 billion. QUALCOMM also was the recipient of some unusual options trading activity on Monday. The stock was last seen 2.76% higher, reaching at $57.67 on Friday. This is an increase of 233% compared to the average daily volume of 813 put options. After $1.20 actual earnings per share reported by QUALCOMM, Inc. for the previous quarter, Wall Street now forecasts -43.33% negative EPS growth. The company had revenue of $5.99 billion during the quarter, compared to analyst estimates of $5.86 billion. Its down 23.56% from 95,500 shares previously. The business's quarterly revenue was up 8.1% on a year-over-year basis. Equities analysts anticipate that QUALCOMM, Inc. will post $4.23 earnings per share for the current year. Stockholders of record on Wednesday, May 31st will be given a dividend of $0.57 per share. The ex-dividend date of this dividend is Friday, May 26th.

Qualcomm Inc decreased its stake in Qualcomm Inc (QCOM) by 0.59% based on its latest 2016Q4 regulatory filing with the SEC. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.85%. QUALCOMM's payout ratio is now 64.63%. "(QCOM) Position Boosted by Somerset Trust Co" was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece of content on another site, it was stolen and republished in violation of US and worldwide copyright legislation.

World Sevens Series ends badly for Fiji and Samoa in England
All three teams finished with two wins each, and Argentina and Scotland advance on points difference, while France missed out. Douglas and Hirayama scored tries in the New Zealand loss, which put Canada into a must-win situation against Japan.

EVM challenge in Delhi from June 3
In the demonstration on Saturday, the Election Commission reiterated its claim that voting the machines were tamper-proof. Sanjay requested Election Commission to not impose any restrictions on tampering of EVMs.

Prince's six siblings declared official heirs to his still-uncounted estate
It's been over a year since Prince's untimely death, and many have wondered what will happen to his $200 million dollar estate. Those alleged heirs included a Colorado inmate who claimed to be Prince's son, which a DNA test ruled out .

QCOM has been the topic of a number of other research reports. Ironsides Asset Advsrs Ltd Company reported 40,311 shares. One investment 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 company. Zacks Investment Research cut QUALCOMM from a "hold" rating to a "sell" rating in a research report on Wednesday, April 5th.

QUALCOMM, Inc. has a 12-month low of $50.84 and a 12-month high of $71.62. Of the analysts surveyed by Reuters that track The Blackstone Group L.P. (BX), 3 of them rate its stock a hold. At the time of writing, the First Call consensus price target for the company is $60.72. Breaking that down further, it has performed 4.25% for the week, 9.51% for the month, 2.14% over the last quarter, -13.02% for the past half-year and 9.31% for this a year ago. A price-target hike to $200 from $190 at Barclays is only stoking the bullish flames. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

In the transaction dated February 03, 2017, the great number of shares acquired came courtesy the EVP and President, QCT; AMON CRISTIANO R added a total of 18,815 shares at an average price of $53.13, amounting to approximately $999,641. After this sale, 52,866 common shares of QCOM are directly owned by the insider, with total stake valued at $3,048,782. The disclosure for this purchase can be found here. (NASDAQ: AAPL). However, this doesn't erase the headline risk from the ongoing dispute but the analyst does believe Qualcomm's stock is "discounting a significant amount of this risk now".


More news


  • Microsoft says cyberattack should be wake up call for governments

    Microsoft says cyberattack should be wake up call for governments

    Federal Trade Commission, which has previously sued companies for misrepresenting their data privacy measures. Microsoft rolled out an additional security update for its customers to further protect Windows platforms.

    Log in, look out: Cyber chaos spreads with workweek's start

    Yet in an unusual step, they released a patch for those older systems because of the magnitude of the outbreak. Lastly there are, of course, the attackers, who kidnapped precious data and demanded ransom be paid.
    Greece approves more austerity measures in bailout bid

    Greece approves more austerity measures in bailout bid

    His government was soon faced by default and a run on banks, and later in that year he signed up to a third bailout. Relief measures will only kick in if Greece meets fiscal targets stipulated by its creditors.
  • China's LeEco to cut jobs in US amidst cash crunch

    China's LeEco to cut jobs in US amidst cash crunch

    The activist fund was more concerned with Jia's expansion into electric cars than his handling of the LeShi streaming service. Meanwhile, Yang Lijie, LeEco's CFO, has also announced that he will be resigning, to be replaced by Zhang Wei.
    Nikki Haley Vows to 'Call out' Countries Backing North Korea

    Nikki Haley Vows to 'Call out' Countries Backing North Korea

    Earlier today, newly elected South Korean President Moon Jae-in said there was a "high possibility" of conflict with North Korea . However, Moon is now seeking a two-track policy of sanctions and dialogue.
    Several tornadoes touch down in the Plains, Midwest during severe weather Tuesday

    Several tornadoes touch down in the Plains, Midwest during severe weather Tuesday

    Another tornado struck a rural area in western Oklahoma , leaving damage in its wake but no immediate reports of injuries. The dead man was identified as 45-year-old Eric Gavin, whose body was found in a tree after the storm had passed.
  • Loosen Up: NFL to allow some flair in celebrations

    Loosen Up: NFL to allow some flair in celebrations

    Last season the league adjusted the rule as well, not requiring the teams to identify the player designated to return in advance. According to NFL Research , 22 of the league's 83 overtime periods over the past five years have lasted at least 10 minutes.
    Agassi to coach Djokovic at French Open

    Agassi to coach Djokovic at French Open

    Djokovic - ranked two in the world - reaches the milestone age just one week after world number one Andy Murray also turned 30. But the reality is he has won just one of the last 11 tournaments he's entered.
    Hawks Offered Huge Trade Package For Paul George At Trade

    Hawks Offered Huge Trade Package For Paul George At Trade

    He led the Bucks to the six seed in the Eastern Conference and Milwaukee's first playoff berth since the 2014-2015 season. The exclusions of George and Hayward from the All-NBA teams could cause ripples through the NBA, even in Oklahoma City.
  • CULLMAN COUNTY WEATHER Friday May 19 2017

    CULLMAN COUNTY WEATHER Friday May 19 2017

    Download the FREE First Alert Weather App to receive video forecasts and instant severe weather warnings to your mobile device. As we go into this evening and into tonight , we will start to see the rain come to an end for a few hours.
    Julian Assange welcomes rape claim decision

    Julian Assange welcomes rape claim decision

    Elisabeth Massi Fritz says her client is shocked but adds that "she can't change her view that Assange has exposed her to a rape". Manning, a transgender woman and US soldier, was convicted of espionage in 2013 and sentenced to 35 years in an all-male prison.

    Trump campaign had at least 18 undisclosed contacts with Russians

    Six of the contacts were phone calls with Russian ambassador to the U.S. Medvedchuk denied having any contact with anyone in the Trump campaign.