Qualcomm Com (QCOM) Share Price Declined While Livingston Group Asset Management Southport Capital Management Cut Stake by $1.01 Million; Barometer Capital Management Has Decreased Its Etrade Financial (ETFC) Position by $1.82 Million

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Livingston Group Asset Management Southport Capital Management decreased its stake in Qualcomm Inc Com (QCOM) by 52.06% based on its latest 2018Q1 regulatory filing with the SEC. Livingston Group Asset Management Southport Capital Management sold 18,450 shares as the company’s stock declined 10.48% with the market. The institutional investor held 16,990 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q1, valued at $941,000, down from 35,440 at the end of the previous reported quarter. Livingston Group Asset Management Southport Capital Management who had been investing in Qualcomm Inc Com for a number of months, seems to be less bullish one the $83.93B market cap company. The stock increased 1.27% or $0.71 during the last trading session, reaching $56.61. About 2.30M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since June 29, 2017 and is uptrending. It has underperformed by 9.99% the S&P500. Some Historical QCOM News: 05/03/2018 – QUALCOMM – CFIUS DETERMINED THERE ARE “NATIONAL SECURITY RISKS” TO THE U.S. RELATED TO DEAL PROPOSED BY BROADCOM; 07/05/2018 – FierceWireless: BREAKING: Qualcomm’s Matt Grob has left the company. Grob was Qualcomm’s executive vice president of; 11/04/2018 – Qualcomm Unveils the Vision Intelligence Platform Purpose-built for IoT Devices Powered by Latest Advances in Camera, AI and Co; 25/04/2018 – Qualcomm 2Q Adj EPS 80c; 09/03/2018 – BROADCOM SAYS WILL NOT SELL ANY CRITICAL NATIONAL SECURITY ASSETS TO ANY FOREIGN COMPANIES; 12/04/2018 – QUALCOMM QCOM.O : CITIGROUP SAYS ASSUMING COST SYNERGIES OF $500 MLN, NXP ACQUISITION COULD EVENTUALLY DRIVE EPS ACCRETION OF ROUGHLY 44% OR $1.52; 13/03/2018 – Bloomberg Asia: Broadcom will formally abandon its bid to acquire Qualcomm; 22/05/2018 – HEARING DATE SET IN PARKERVISION’S PATENT INFRINGEMENT CASE AGAINST QUALCOMM AND APPLE; 09/03/2018 – Qualcomm Extends Tender Offer for NXP to March 16; 25/04/2018 – Qualcomm comes under pressure on legal disputes

Barometer Capital Management Inc decreased its stake in Etrade Financial Corp (ETFC) by 26.27% based on its latest 2018Q1 regulatory filing with the SEC. Barometer Capital Management Inc sold 33,100 shares as the company’s stock rose 23.44% while stock markets declined. The hedge fund held 92,900 shares of the savings institutions company at the end of 2018Q1, valued at $5.15 million, down from 126,000 at the end of the previous reported quarter. Barometer Capital Management Inc who had been investing in Etrade Financial Corp for a number of months, seems to be less bullish one the $16.35B market cap company. The stock increased 0.58% or $0.36 during the last trading session, reaching $61.96. About 456,374 shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has risen 82.27% since June 29, 2017 and is uptrending. It has outperformed by 69.70% the S&P500. Some Historical ETFC News: 15/05/2018 – TCA by E*TRADE Adds Four New Money Managers to MMX Program; 20/04/2018 – DJ E*TRADE Financial Corporation, Inst Holders, 1Q 2018 (ETFC); 06/04/2018 – E*TRADE to Host Education Day in Santa Clara; 20/04/2018 – E*TRADE FINANCIAL CORP ETFC.O : NOMURA RAISES TARGET PRICE TO $65 FROM $63; 14/05/2018 – E*Trade April Net New Brokerage Assets $18.2B; 06/03/2018 – E*Trade Financial Feb. Daily Average Revenue Trades Up 5% vs Jan; 19/04/2018 – After-hours buzz: SKX, ETFC, PF & more; 15/03/2018 – That values Robinhood at $5.6 billion, the report said, citing sources. The valuation would more than quadruple Robinhood’s size and make the start-up worth just over a third of online brokerage E*Trade; 05/04/2018 – Moody’s: E*TRADE’s Profitability Continues to Be Strongly Positioned to Benefit From Higher Rates and Client Brokerage Assets; 19/04/2018 – CAFC: DROPLETS, INC. v. ETRADE BANK [OPINION] – Appeal #16-2504 – 2018-04-19

Livingston Group Asset Management Southport Capital Management, which manages about $220.76 million and $223.67M US Long portfolio, upped its stake in Abbvie Inc Com (NYSE:ABBV) by 16,544 shares to 17,044 shares, valued at $1.61M in 2018Q1, according to the filing. It also increased its holding in Powershares Qqq Trust Series 1 (QQQ) by 2,303 shares in the quarter, for a total of 5,874 shares, and has risen its stake in Procter And Gamble Co Com (NYSE:PG).

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on July, 18. They expect $0.58 earnings per share, down 17.14% or $0.12 from last year’s $0.7 per share. QCOM’s profit will be $859.92M for 24.40 P/E if the $0.58 EPS becomes a reality. After $0.67 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -13.43% negative EPS growth.

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.05, from 0.83 in 2017Q4. It dived, as 104 investors sold QCOM shares while 500 reduced holdings. 100 funds opened positions while 370 raised stakes. 1.11 billion shares or 0.11% less from 1.11 billion shares in 2017Q4 were reported. Nelson Van Denburg And Campbell Wealth Gru Limited Liability Corporation invested 0.18% in QUALCOMM Incorporated (NASDAQ:QCOM). Cadence Cap Lc accumulated 157,519 shares or 0.57% of the stock. Dorsey & Whitney Tru Com Ltd Liability reported 0.46% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). California-based Intll Sarl has invested 0.96% in QUALCOMM Incorporated (NASDAQ:QCOM). Edmp Incorporated reported 2.9% in QUALCOMM Incorporated (NASDAQ:QCOM). Benedict Financial Advsrs Inc holds 1.5% or 53,738 shares. Argent Trust Company has invested 0.55% in QUALCOMM Incorporated (NASDAQ:QCOM). Litman Gregory Asset Limited Liability Corp holds 0.01% or 425 shares in its portfolio. Barton Invest Management invested in 89,046 shares. Edgar Lomax Va has invested 0.6% in QUALCOMM Incorporated (NASDAQ:QCOM). Herald Management Limited invested in 0.17% or 10,200 shares. Hanson Mcclain Incorporated has 0% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 542 shares. Japan-based Fukoku Mutual Life Commerce has invested 0.06% in QUALCOMM Incorporated (NASDAQ:QCOM). Kentucky Retirement Sys Ins Tru Fund invested in 33,890 shares. Asset Mngmt, New York-based fund reported 16,122 shares.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. had 157 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Friday, April 13 report. Mizuho maintained it with “Neutral” rating and $64 target in Thursday, November 5 report. Mizuho maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Tuesday, October 31. Mizuho has “Buy” rating and $65.0 target. RBC Capital Markets maintained the shares of QCOM in report on Friday, September 29 with “Hold” rating. RBC Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, July 21 with “Outperform” rating. The firm has “Outperform” rating given on Thursday, July 23 by Oppenheimer. On Thursday, April 26 the stock rating was maintained by Macquarie Research with “Neutral”. The firm earned “Buy” rating on Friday, May 26 by Stifel Nicolaus. The rating was maintained by Northland Capital on Tuesday, August 1 with “Hold”. The stock has “Buy” rating by Northland Capital on Friday, June 23.

Since January 9, 2018, it had 0 insider purchases, and 10 insider sales for $7.73 million activity. Shares for $618,603 were sold by Rosenberg Donald J on Tuesday, May 8. Another trade for 50,126 shares valued at $3.14M was made by THOMPSON JAMES H on Friday, March 9. 43,000 shares were sold by GROB MATTHEW S, worth $2.81M on Tuesday, January 9. $33,597 worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by ROGERS ALEXANDER H.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Streetinsider.com which released: “Qualcomm (QCOM) Extends Cash Tender Offer for All Outstanding Shares of NXP (NXPI)” on June 29, 2018, also Benzinga.com with their article: “Investors ‘Wait With Baited Breath’ Following Conflicting Reports On Qualcomm-NXP Deal” published on June 15, 2018, Fool.com published: “Why Qualcomm’s New Snapdragon 850 Is Destined to Fail” on June 17, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Fool.com and their article: “Qualcomm Isn’t Quitting Data Centers (Yet)” published on June 22, 2018 as well as Globenewswire.com‘s news article titled: “Pomerantz Law Announces the Filing of a Class Action against Qualcomm Incorporated and Certain Officers â€“ QCOM” with publication date: June 28, 2018.

Another recent and important E*TRADE Financial Corporation (NASDAQ:ETFC) news was published by Streetinsider.com which published an article titled: “E*TRADE Financial (ETFC) May DARTs Increase 1% MoM” on June 14, 2018.

Barometer Capital Management Inc, which manages about $2.58 billion and $1.18B US Long portfolio, upped its stake in Kraneshares Csi China Internet Etf (KWEB) by 76,200 shares to 90,200 shares, valued at $5.54M in 2018Q1, according to the filing. It also increased its holding in Comerica Inc (NYSE:CMA) by 55,400 shares in the quarter, for a total of 121,258 shares, and has risen its stake in Northrop Grumman Corp (NYSE:NOC).

Since January 30, 2018, it had 0 insider purchases, and 6 insider sales for $12.52 million activity. LAWSON RODGER A also sold $675,418 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) on Wednesday, February 7. Shares for $3.60 million were sold by Pizzi Michael A. on Wednesday, February 7. Simonich Brent sold 7,680 shares worth $407,040. 2,000 shares valued at $105,500 were sold by SCLAFANI JOSEPH L on Tuesday, January 30. Another trade for 34,158 shares valued at $1.77M was sold by Curcio Michael John.

Analysts await E*TRADE Financial Corporation (NASDAQ:ETFC) to report earnings on July, 19. They expect $0.88 EPS, up 69.23% or $0.36 from last year’s $0.52 per share. ETFC’s profit will be $232.19M for 17.60 P/E if the $0.88 EPS becomes a reality. After $0.88 actual EPS reported by E*TRADE Financial Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.08, from 0.96 in 2017Q4. It dived, as 39 investors sold ETFC shares while 168 reduced holdings. 60 funds opened positions while 122 raised stakes. 236.43 million shares or 0.72% less from 238.15 million shares in 2017Q4 were reported. 14,183 were accumulated by Nelson Van Denburg & Campbell Wealth Mgmt Group Ltd Liability. Sector Pension Board owns 0.01% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 14,765 shares. Suntrust Banks Inc stated it has 0% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). Ibm Retirement Fund reported 5,891 shares stake. Shelton Cap Mngmt invested in 81,081 shares. Canada Pension Plan Investment Board has 354,496 shares. Wells Fargo Mn holds 0.03% or 2.04M shares in its portfolio. Liberty Mutual Grp Incorporated Asset Incorporated accumulated 10,963 shares. Thompson Siegel Walmsley Lc has invested 0.63% in E*TRADE Financial Corporation (NASDAQ:ETFC). United Kingdom-based Aviva Public Ltd Liability Com has invested 0.06% in E*TRADE Financial Corporation (NASDAQ:ETFC). Pinebridge Invests Lp stated it has 0.36% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). The New York-based Ptnrs Ltd Limited Liability Company has invested 0.28% in E*TRADE Financial Corporation (NASDAQ:ETFC). Picton Mahoney Asset has 1.27% invested in E*TRADE Financial Corporation (NASDAQ:ETFC). Moreover, Utd Fin Advisers Limited Liability Corporation has 0% invested in E*TRADE Financial Corporation (NASDAQ:ETFC). Creative Planning reported 11,194 shares.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart