In the most recent quarter, institutional ownership decreased by a net of 3.29 million shares, or 0.29%.This is a bearish sign and indicates that institutions are feeling more pessimistic about the outlook for QCOM overall.606 holders increased their positions, 735 decreased their positions, and 150 holders held their positions. QUALCOMM Incorporated (NASDAQ:QCOM), at its latest closing price of $68.14, it has a price-to-book ratio of 3.30, compared to an industry average at 2.87. Insiders sold 29,427 shares of company stock worth $1,827,995 over the last quarter. Qualcomm Inc now has $99.52 billion valuation. The stock ended last trade at $157.00 a share and the price is up more than 31.42% so far this year.
QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, November 1st. It has underperformed by 7.39% the S&P500.
Investors sentiment decreased to 0.98 in 2017 Q2.
In an overview of the current analyst recommendations, Buy count is 8 and Overweight is 1 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively. It is negative, as 89 investors sold QCOM shares while 481 reduced holdings. Qcm Cayman accumulated 5,040 shares. 1832 Asset Mgmt Ltd Partnership owns 121,541 shares for 0.01% of their portfolio. Cowen and Company decreased their price objective on shares of QUALCOMM to $73.00 in a report on Thursday, January 26th. Trading was heavy with 11,866,671 shares changing hands by the end of trading on Monday. Sequoia Advisors Ltd Liability Com has invested 0.07% in QUALCOMM, Inc. Institute For Wealth Ltd Liability Corp invested 0.29% in QUALCOMM, Inc. (NASDAQ:QCOM). Inv House Ltd Llc holds 108,006 shares or 0.8% of its portfolio. New York State Teachers Retirement System bought 123,318 shares as the company's stock declined 25.56% while stock markets rallied. Tci Wealth Advisors Incorporated holds 0.22% or 7,805 shares. Livforsakringsbolaget Skandia Omsesidigt stated it has 0.33% of its portfolio in QUALCOMM, Inc. Brave Asset Mngmt holds 7,100 shares or 0.21% of its portfolio. Goelzer invested 1.31% of its portfolio in QUALCOMM, Inc. Cibc Asset Management has 0.07% invested in QUALCOMM, Inc.
Several brokerages have commented on QCOM. The company was maintained on Monday, June 26 by Canaccord Genuity. (NASDAQ:QCOM) or 13,625 shares.
California-based Primecap Com Ca has invested 0.74% in QUALCOMM, Inc. (NASDAQ:QCOM) for 62,090 shares. The shares were sold at an average price of $60.44, for a total transaction of $1,208,800.00. The low EPS estimate is $0.61, while the high EPS estimate is $0.7. During the same period in the prior year, the business earned $1.28 earnings per share. sell-side analysts predict that QUALCOMM Incorporated will post 3.07 EPS for the current fiscal year. RBC Capital Markets maintained QUALCOMM, Inc. (NASDAQ:QCOM) on Monday, November 9 to "Neutral" rating. Therefore 44% are positive.
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AT&T, Inc.'s Average Earnings Estimate for the current quarter is $0.65, according to consensus of 23 analysts.
QUALCOMM Incorporated (NASDAQ:QCOM) operates in the Communication Equipment segment of the Technology sector. The firm has "Hold" rating by Wells Fargo given on Monday, November 6. Oppenheimer maintained the stock with "Hold" rating in Wednesday, July 19 report. As per Monday, May 22, the company rating was upgraded by JP Morgan.
Coherent, Inc. (COHR) opened the session with a $316 price tag, later ranging from $315.25 to $319.06, the range at which the stock has traded at throughout the day. Topeka Capital Markets maintained the stock with "Hold" rating in Thursday, November 5 report. Susquehanna maintained the shares of QCOM in report on Thursday, June 15 with "Buy" rating. As per Friday, January 22, the company rating was upgraded by Northland Capital.
Ratings analysis reveals 0 of Omnicom's analysts are positive. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and twelve have given a buy rating to the stock. The lowest target is $86.0 while the high is $87.0. Royal Bank Of Canada upped their target price on shares of QUALCOMM from $70.00 to $77.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 14th. The firm has "Outperform" rating given on Wednesday, March 29 by Macquarie Research. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $55.00 target price on shares of QUALCOMM in a research note on Thursday, August 24th. Gam Holding Ag stated it has 0.2% of its portfolio in QUALCOMM, Inc. Brown Brothers Harriman & owns 8.99 million shares. Aqr Cap Management Ltd Liability Company owns 525,602 shares.
Many value investors look for stocks with a high percent of insider ownership, under the theory that when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term. Ruane Cunniff & Goldfarb Inc, a New York-based fund reported 3.87 million shares.
Among 8 analysts covering CAE Inc. (NYSE:OMC) to report earnings on February, 6.
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