Its down 0.07, from 1.08 in 2016Q3.
Several research analysts have recently commented on QCOM shares. Hedge funds and other institutional investors own 77.99% of the company’s stock. Clearbridge invested 1.58% of its portfolio in QUALCOMM, Inc. Cue Financial Group accumulated 0.21% or 3,914 shares. Coastline Tru has 5,475 shares. Company insiders own 0.17% of the company’s stock. With short interest at 25,466,037 and short average daily volume at 9,114,652, days to cover is 2.8 and the percentage of shorted shares was 0.02% on June 15.
Wall Street Associates holds 0.75% of its portfolio in Egalet Corp for 148,590 shares. The Aviance Capital Management Llc holds 650,271 shares with $15.89M value, down from 1.93 million last quarter. This is a gain from QUALCOMM’s prior periodic dividend of $0.53. (NASDAQ:QCOM) for 103,035 shares. The insider HELMS CHRISTOPHER A bought 4,000 shares worth $109,820. The company has a market capitalization of $80.80 billion, a price-to-earnings ratio of 18.224 and a beta of 1.25. $999,596 worth of stock was bought by AMON CRISTIANO R on Friday, February 3. Apple Inc now has $747.03 billion valuation. (NASDAQ:QCOM) for 17,118 shares. Also, Director Ann M. Livermore acquired 9,000 shares of QUALCOMM stock in a transaction dated Thursday, May 11th. J P Morgan Chase & Co raised shares of QUALCOMM from a neutral rating to an overweight rating and lifted their price target for the stock from $50.00 to $68.00 in a research note on Monday, May 22nd.
United Bank decreased Qualcomm Inc. STERLING MICHELLE M had sold 5,509 shares worth $325,654. 11,621 shares were sold by ABERLE DEREK K, worth $763,218. Maryland-based Court Place Advsrs Ltd Liability Com has invested 0.72% in QUALCOMM, Inc. SCHILLER PHILIP W had sold 47,796 shares worth $6.85 million on Saturday, April 1.
Mig Capital Llc decreased Apple Inc (AAPL) stake by 2.22% reported in 2016Q4 SEC filing. Glassman Wealth Services now owns 3,094 shares of the wireless technology company’s stock valued at $202,000 after buying an additional 258 shares during the period. The Partner Fund Management Lp holds 2.51M shares with $86.21 million value, up from 1.41 million last quarter. An increasing ROE indicates that a company is improving its ability to make profit without requiring as much capital. The consensus recommendation for stock is 2.00. About 4.50M shares traded.
QUALCOMM Incorporated (QCOM) now has a Return on Assets (ROA) value of 8.5 Percent. It has underperformed by 7.39% the S&P500.
Citigroup Inc, which manages about $110.97 billion US Long portfolio, upped its stake in Direxion Shs Etf Tr by 300,000 shares to 350,001 shares, valued at $16.93 million in 2016Q4, according to the filing. WASHINGTON TRUST Co increased its stake in QUALCOMM by 20.6% in the first quarter. Mckinley Capital Mgmt Ltd Liability Co Delaware has invested 0.01% in QUALCOMM, Inc.
QUALCOMM Incorporated (NASDAQ:QCOM) was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Tuesday. QCOM’s profit will be $984.54M for 20.62 P/E if the $0.68 EPS becomes a reality. This is assuming the current $0.68 EPS is accurate.
According to Mr. Zhang, greater support from European and North American telecom operators and recent order increases are likely to push the share higher. (NASDAQ:QCOM) news were published by: Fool.com which released: “3 Terrible Reasons to Sell Qualcomm Inc”. If the market is performing well and the stock is over-valued, QCOM might be a good investment at this point but if the market is dropping down, you might not consider buying the stock. About shares traded. QUALCOMM, Inc.
22 analysts on average are expecting QUALCOMM Incorporated to report earnings of $1.19 per share for the current quarter. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Therefore 41% are positive. The business had revenue of $5.99 billion for the quarter, compared to analyst estimates of $5.86 billion.
When it comes to the Analysis of a Stock, Price Target plays a vital role. 14 analysts said Hold signal for the stock. Mizuho maintained QUALCOMM, Inc. $53,985 worth of QUALCOMM, Inc. The rating was maintained by Rosenblatt with “Buy” on Thursday, January 28. Macquarie Research maintained the stock with “Outperform” rating in Tuesday, August 11 report. On October 28 the stock rating was upgraded from “Underperform” to “Outperform” in a statement from BMO Capital. The rating was maintained by Cantor Fitzgerald with “Buy” on Wednesday, May 31. The stock of QUALCOMM, Inc. The firm has “Buy” rating given on Thursday, January 14 by Argus Research. The firm has “Sell” rating given on Friday, April 28 by Barclays Capital.
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