QUALCOMM Incorporated (NASDAQ:QCOM) held by 103 SEC 13F Filers

QUALCOMM Incorporated (NASDAQ:QCOM) held by 103 SEC 13F Filers

QUALCOMM Incorporated (NASDAQ:QCOM) held by 103 SEC 13F Filers

The company's stock has a normal trading capacity of 10.49M shares while the relative volume is 1.58. Somerset Trust Co's holdings in QUALCOMM were worth $2,811,000 at the end of the most recent quarter.

Citigroup Inc, which manages about $110.97B US Long portfolio, upped its stake in Allstate Corp (NYSE:ALL) by 386,597 shares to 560,797 shares, valued at $41.57 million in 2016Q4, according to the filing. Nelson Roberts Investment Advisors LLC increased its position in shares of QUALCOMM by 6.2% in the third quarter.

Among 5 analysts covering Manhattan Assoc (NASDAQ:MANH), 3 have Buy rating, 0 Sell and 2 Hold. It dived, as 87 investors sold Lowe's Companies, Inc. shares while 444 reduced holdings. American National Bank now owns 2,825 shares of the wireless technology company's stock valued at $162,000 after buying an additional 822 shares during the period. Boston Advisors LLC boosted its stake in shares of QUALCOMM by 1.1% in the third quarter. Tightening the gaze, stock performance for the last 5 trading days is 7.00%.

QUALCOMM Incorporated (QCOM) has a 52-week high of $70.41 and a 52-week low of $49.56. (NASDAQ:QCOM) traded up 0.565% on Tuesday, hitting $59.615. 14,223,218 shares of the company traded hands. The brokerage firm added that Apple has the "potential to achieve a $1.0 trillion dollar market cap and even surpass that" in the upcoming iPhone 8 cycle, compared to its current market cap of $798 billion, based on last week's close at $153.06. Company's distance from 20 day simple moving average is 6.06% and distance from 50-Day simple moving average is 3.80%.

Hall also suggested that Qualcomm's next logical step would be requesting a trade injunction against Apple's contract manufacturers but this will be complex and lengthy. Stock investors acquired 2,710 put options on the company. This is an increase of approximately 233% compared to the typical volume of 813 put options. During the same quarter in the previous year, the company posted $1.04 earnings per share. QUALCOMM had a return on equity of 20.25% and a net margin of 20.56%.

Analysts are also projecting an Average Revenue Estimate for QUALCOMM Incorporated as $18000 in the Current Quarter. During the same quarter in the prior year, the business earned $1.04 EPS. The Blackstone Group L.P. (NYSE:BX) earnings have risen with a quarterly rate of 10.9% over the last 5 years.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 21st. Ci Incorporated owns 771,800 shares for 0.55% of their portfolio. This represents a $2.28 dividend on an annualized basis and a dividend yield of 4.12%.

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Qualcomm Inc decreased its stake in Qualcomm Inc (QCOM) by 0.59% based on its latest 2016Q4 regulatory filing with the SEC. The ex-dividend date is Friday, May 26th. QUALCOMM Incorporated P/E (price to earnings) ratio is 19.18 and Forward P/E ratio of 14.16.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and worldwide trademark & copyright law. QUALCOMM, Inc. (NASDAQ:QCOM) has risen 9.31% since May 22, 2016 and is uptrending.

A number of equities research analysts have recently issued reports on QCOM shares.

QUALCOMM, Inc. has a 12-month low of $50.84 and a 12-month high of $71.62.

QUALCOMM Incorporated (QCOM) has been given an average price target of $60.72 from analysts, according to data collected by Finviz. Wells Fargo & Co reissued an "outperform" rating and set a $75.00 price objective (down from $80.00) on shares of QUALCOMM in a report on Saturday, January 28th. (NASDAQ:QCOM), 12 have Buy rating, 2 Sell and 17 Hold. The stock has "Overweight" rating by JP Morgan on Thursday, December 17. Northland Capital maintained it with "Market Perform" rating and $62.50 target in Thursday, November 5 report.

In other news, Director Anthony J. Vinciquerra bought 1,000 shares of the company's stock in a transaction dated Monday, January 30th. Following the completion of the transaction, the executive vice president now directly owns 76,246 shares in the company, valued at $4,005,202.38. On Thursday, May 11 the insider Rosenberg Donald J sold $588,767. The stock was sold at an average price of $59.11, for a total value of $325,636.99. The disclosure for this purchase can be found here. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures. (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".

QUALCOMM Incorporated is engaged in the development and commercialization of a digital communication technology called code division multiple access.

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