Qualcomm (QCOM) Earns "Buy" Rating from Mizuho

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04 May, 2018

Bennicas Associate invested in 0.7% or 12,525 shs.

NASDAQ:QCOM traded up $0.05 on Thursday, hitting $50.31. Alcentra Capital Corporation (NASDAQ:ABDC) has declined 49.03% since May 3, 2017 and is downtrending. It has outperformed by 5.51% the S&P500.

Bokf decreased Qualcomm Inc (QCOM) stake by 28.67% reported in 2017Q4 SEC filing. Tradition Capital Management Llc sold 10,774 shares as the company's stock declined 15.28% with the market. The institutional investor held 3,497 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $224,000, down from 135,163 at the end of the previous reported quarter. $75.75 billion is Qualcomm Inc's MC. The stock decreased 0.08% or $0.04 during the last trading session, reaching $50.22. About 4.61M shares traded or 70.58% up from the average. Over the past 7 days, QUALCOMM Incorporated (NASDAQ:QCOM) stock has increased in price by 1.03%. QCOM underperformed the S&P 500 by 14.76%.

During Q4 2017 the big money sentiment decreased to 0.83. Its down 0.47, from 1.63 in 2017Q3. It is negative, as 58 investors sold C shares while 480 reduced holdings. Finally, Dimensional Fund Advisors LP increased its stake in Qualcomm by 21.2% in the 3rd quarter. Net profit margin of QUALCOMM Incorporated (QCOM) was recorded at -20.2 percent, operating profit margin was 6.9 percent, while gross profit margin stands at 57.6 percent. New Jersey Better Educational Savings Tru holds 0.65% in QUALCOMM Incorporated (NASDAQ:QCOM) or 10,000 shares. The hedge fund held 343,008 shares of the health care company at the end of 2017Q4, valued at $11.06 million, down from 386,572 at the end of the previous reported quarter. 310,432 are owned by Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys. Krilogy Financial LLC now owns 2,331 shares of the wireless technology company's stock valued at $129,000 after purchasing an additional 745 shares during the last quarter. Mitchell Mcleod Pugh & Williams holds 0.31% or 6,984 shares in its portfolio. Howland Capital Mngmt Limited, a Massachusetts-based fund reported 217,906 shs. Ubs Asset Americas holds 0.51% or 8.14 million shares in its portfolio. Dnb Asset Mgmt As holds 705,216 shares. Altfest L J & Com Inc owns 9,149 shares or 0.61% of their U.S. portfolio. Acg Wealth invested in 0.14% or 13,042 shares. The wireless technology company reported $0.80 EPS for the quarter, beating the Zacks' consensus estimate of $0.70 by $0.10. Dekabank Deutsche Girozentrale invested 0.16% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM).

HRG Group, Inc. (NYSE:HRG) now has a PEG ratio of 17.25 where as its P/E ratio is 68.99.

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Analysts are also projecting an Average Revenue Estimate for QUALCOMM Incorporated as $5.19 Million in the Current Quarter.

Canaccord Genuity rated the QUALCOMM Incorporated (NASDAQ:QCOM)'s stock as a Buy in a research note published on Friday, April 20th, 2018 and posted a $79 price target on the common stock of QUALCOMM Incorporated (NASDAQ:QCOM). Therefore 48% are positive. Qualcomm had 42 analyst reports since November 3, 2017 according to SRatingsIntel. Macquarie Research maintained it with "Neutral" rating and $55 target in Thursday, April 26 report. The stock of Endo International plc (NASDAQ:ENDP) earned "Hold" rating by Stifel Nicolaus on Tuesday, January 2. The firm has "Buy" rating given on Monday, February 19 by RBC Capital Markets. Canaccord Genuity maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, July 20. BMO Capital Markets maintained it with "Hold" rating and $5500 target in Wednesday, April 25 report. The firm has "Overweight" rating given on Monday, May 22 by JP Morgan. Golub Grp Ltd Liability Co reported 0.03% stake. The public company has 1.48B shares outstanding now, as well as a market cap of $74.49B.

Since January 9, 2018, it had 0 insider purchases, and 6 insider sales for $6.15 million activity. Also, EVP James H. Thompson sold 50,126 shares of the business's stock in a transaction on Friday, March 9th. It also increased its holding in Synnex Corp (NYSE:SNX) by 159,900 shares in the quarter, for a total of 271,600 shares, and has risen its stake in Alphabet Inc. Mitchell Capital Mngmt Com owns 66,515 shares for 4.13% of their portfolio. Prudential Finl Inc (NYSE:PRU) was raised too. Alcentra Capital Corp had 16 analyst reports since August 12, 2015 according to SRatingsIntel. Bernstein maintained the stock with "Hold" rating in Monday, November 13 report. Mizuho downgraded the stock to "Underperform" rating in Friday, May 6 report. Susquehanna upgraded Caleres, Inc. (NYSE:BAM) rating on Monday, May 15. Qualcomm has an average rating of "Hold" and a consensus target price of $63.97. As per Sunday, August 6, the company rating was maintained by Keefe Bruyette & Woods. The stock is a Buy among 5 brokerage firms polled by Factset Research. The company was initiated on Wednesday, June 22 by Janney Capital. The stock of McCormick & Company, Incorporated (NYSE:MKC) has "Hold" rating given on Wednesday, December 16 by Jefferies. Omni Partners Llp who had been investing in Akorn Inc for a number of months, seems to be less bullish one the $1.85 billion market cap company. It has a 16.11 P/E ratio.

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