As Qualcomm INC (QCOM) Share Value Declined, Capital International LTD Has Lifted Position by $4.72 Million

May 18, 2018 - By Nellie Hooten

QUALCOMM Incorporated (NASDAQ:QCOM) LogoInvestors sentiment decreased to 0.83 in 2017 Q4. Its down 0.02, from 0.85 in 2017Q3. It dived, as 89 investors sold QCOM shares while 518 reduced holdings. 160 funds opened positions while 346 raised stakes. 1.11 billion shares or 0.73% more from 1.10 billion shares in 2017Q3 were reported. New England Private Wealth Advsrs Ltd Limited Liability Company reported 11,433 shares stake. Norinchukin Natl Bank The stated it has 193,381 shares or 0.22% of all its holdings. Teachers Retirement Of The State Of Kentucky has 251,392 shares for 0.19% of their portfolio. Mitchell Management owns 5,474 shares or 0.12% of their US portfolio. Arcadia Investment Management Mi has 0.59% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 32,920 shares. Smith Asset Grp LP stated it has 0% in QUALCOMM Incorporated (NASDAQ:QCOM). North Star Asset Mgmt Inc has 0.62% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 107,384 shares. Tanaka Cap reported 2% stake. 76,211 are owned by Inv Counsel. 4,570 are owned by Schnieders Cap Mgmt Ltd. Covington Mgmt reported 0.29% in QUALCOMM Incorporated (NASDAQ:QCOM). Fiduciary holds 0.09% or 45,903 shares in its portfolio. Northstar Asset Mngmt Limited Com invested in 0.91% or 34,307 shares. 5.73 million are owned by Grantham Mayo Van Otterloo And Communications Ltd Limited Liability Company. Canandaigua National Bank & Trust & owns 0.43% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 37,480 shares.

Since January 9, 2018, it had 0 buys, and 8 insider sales for $7.62 million activity. $2.81M worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by GROB MATTHEW S on Tuesday, January 9. 1,180 shares valued at $78,989 were sold by ROGERS ALEXANDER H on Tuesday, February 27. Rosenberg Donald J sold 11,670 shares worth $618,603. AMON CRISTIANO R sold $852,989 worth of stock or 16,082 shares.

Capital International Ltd increased its stake in Qualcomm Inc (QCOM) by 148.24% based on its latest 2017Q4 regulatory filing with the SEC. Capital International Ltd bought 73,822 shares as the company’s stock declined 15.28% with the market. The institutional investor held 123,622 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $7.91M, up from 49,800 at the end of the previous reported quarter. Capital International Ltd who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $84.44 billion market cap company. The stock increased 0.44% or $0.25 during the last trading session, reaching $56.95. About 9.46M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 18, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Capital International Ltd, which manages about $527.37M US Long portfolio, decreased its stake in State Street Corp (NYSE:STT) by 52,781 shares to 18,917 shares, valued at $1.85M in 2017Q4, according to the filing. It also reduced its holding in Bank Of New York Mellon Corp (NYSE:BK) by 196,354 shares in the quarter, leaving it with 23,980 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Benzinga.com which released: “Dan Nathan Sees Unusual Options Activity In Qualcomm” on May 15, 2018, also Seekingalpha.com with their article: “Apple Stymies Qualcomm’s Quarterly Results” published on April 30, 2018, Seekingalpha.com published: “Qualcomm: Path To Higher Profits” on May 02, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Qualcomm Is Reportedly Giving Up on Server Chips” published on May 10, 2018 as well as Investorplace.com‘s news article titled: “Speculators Are Piling into Qualcomm, Inc. Stock for Two Big Reasons” with publication date: May 14, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Ratings Coverage

Among 17 analysts covering Qualcomm Inc (NASDAQ:QCOM), 8 have Buy rating, 1 Sell and 8 Hold. Therefore 47% are positive. Qualcomm Inc had 35 analyst reports since November 20, 2017 according to SRatingsIntel. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Thursday, February 1 by Northland Capital. The firm earned “Buy” rating on Monday, January 29 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Friday, April 13. The firm has “Buy” rating by Susquehanna given on Tuesday, January 16. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Hold” rating by Stifel Nicolaus on Monday, February 5. The firm earned “Buy” rating on Tuesday, January 16 by Nomura. The stock has “Buy” rating by RBC Capital Markets on Monday, April 23. The firm has “Neutral” rating given on Thursday, April 26 by UBS. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, March 7. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Tuesday, January 16 by Canaccord Genuity.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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