Webster Bank Cut Its Qualcomm (QCOM) Stake; 2 Analysts Covering Chesapeake Lodging Trust (CHSP)

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Among 9 analysts covering Chesapeake Lodging Trust (NYSE:CHSP), 2 have Buy rating, 3 Sell and 4 Hold. Therefore 22% are positive. Chesapeake Lodging Trust had 32 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Chesapeake Lodging Trust (NYSE:CHSP) has “Hold” rating given on Tuesday, October 17 by SunTrust. The stock has “Buy” rating by Janney Capital on Wednesday, September 27. The firm has “Sell” rating by Ladenburg Thalmann given on Tuesday, January 19. The rating was maintained by Robert W. Baird on Monday, November 6 with “Buy”. The stock of Chesapeake Lodging Trust (NYSE:CHSP) has “Neutral” rating given on Wednesday, March 23 by Janney Capital. As per Thursday, February 15, the company rating was maintained by SunTrust. JP Morgan downgraded the shares of CHSP in report on Thursday, November 16 to “Underweight” rating. The stock of Chesapeake Lodging Trust (NYSE:CHSP) has “Buy” rating given on Friday, February 16 by Robert W. Baird. The stock of Chesapeake Lodging Trust (NYSE:CHSP) earned “Outperform” rating by RBC Capital Markets on Tuesday, November 3. RBC Capital Markets maintained it with “Hold” rating and $2500 target in Friday, June 23 report. See Chesapeake Lodging Trust (NYSE:CHSP) latest ratings:

15/02/2018 Broker: SunTrust Rating: Hold New Target: $26.0 Maintain
16/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $29.0 Maintain
09/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $23 New Target: $26 Maintain
01/12/2017 Broker: Robert W. Baird Rating: Buy New Target: $30.0 Maintain
16/11/2017 Broker: J.P. Morgan Rating: Sell Downgrade
16/11/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
06/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $27.0 Maintain
03/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $27.0 Maintain
02/11/2017 Broker: SunTrust Rating: Hold New Target: $24.0 Maintain

Webster Bank decreased Qualcomm Inc (QCOM) stake by 96.15% reported in 2017Q4 SEC filing. Webster Bank sold 42,692 shares as Qualcomm Inc (QCOM)’s stock declined 15.28%. The Webster Bank holds 1,710 shares with $110,000 value, down from 44,402 last quarter. Qualcomm Inc now has $75.66 billion valuation. The stock increased 1.27% or $0.64 during the last trading session, reaching $51.11. About 7.67M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since April 29, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Webster Bank increased Blackrock Fund Advisors (AGG) stake by 4,095 shares to 105,679 valued at $11.55M in 2017Q4. It also upped Vanguard Group (BSV) stake by 8,624 shares and now owns 93,257 shares. Vanguard Etf/Usa (VTIP) was raised too.

Investors sentiment decreased to 0.83 in Q4 2017. Its down 0.02, from 0.85 in 2017Q3. It worsened, 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. First Merchants Corp stated it has 38,302 shares or 0.42% of all its holdings. Check Management Inc Ca stated it has 1.01M shares. Legal And General Gp Public Limited Company holds 0.36% in QUALCOMM Incorporated (NASDAQ:QCOM) or 7.83M shares. Evanson Asset Management Limited Liability Company invested 0.06% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Kanawha holds 0.58% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 61,895 shares. Pennsylvania-based Smithbridge Asset Mgmt De has invested 1.1% in QUALCOMM Incorporated (NASDAQ:QCOM). Garland Cap Mgmt reported 84,445 shares. Nuveen Asset Lc reported 0.26% in QUALCOMM Incorporated (NASDAQ:QCOM). Numeric Investors Ltd Company reported 5,005 shares or 0% of all its holdings. Sageworth Trust Communications owns 37 shares for 0% of their portfolio. Japan-based Sumitomo Mitsui Trust Hldgs has invested 0.35% in QUALCOMM Incorporated (NASDAQ:QCOM). Princeton Portfolio Strategies Gp Ltd Liability Corp holds 0.52% or 29,696 shares in its portfolio. Torray Lc reported 26,056 shares. The Australia-based Commonwealth National Bank Of Aus has invested 0.14% in QUALCOMM Incorporated (NASDAQ:QCOM). Nordea Investment Mngmt Ab accumulated 2.41 million shares.

Since January 9, 2018, it had 0 insider purchases, and 5 selling transactions for $6.12 million activity. On Friday, March 9 the insider THOMPSON JAMES H sold $3.14 million. Shares for $2.81 million were sold by GROB MATTHEW S on Tuesday, January 9. The insider ROGERS ALEXANDER H sold $37,519.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 2 Sell and 19 Hold. Therefore 43% are positive. Qualcomm Inc. had 153 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, October 12. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Hold” rating given on Thursday, June 9 by Brean Capital. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Overweight” rating given on Monday, July 27 by Morgan Stanley. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Hold” rating given on Wednesday, July 19 by Oppenheimer. Susquehanna maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Monday, March 26. Susquehanna has “Buy” rating and $6800 target. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, August 24. The firm has “Hold” rating given on Monday, November 20 by BMO Capital Markets. As per Friday, April 13, the company rating was maintained by RBC Capital Markets. The stock has “Hold” rating by Deutsche Bank on Thursday, March 15. Stifel Nicolaus maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, April 19. Stifel Nicolaus has “Hold” rating and $5600 target.

Investors sentiment decreased to 1.14 in Q4 2017. Its down 0.02, from 1.16 in 2017Q3. It turned negative, as 21 investors sold Chesapeake Lodging Trust shares while 53 reduced holdings. 36 funds opened positions while 48 raised stakes. 56.19 million shares or 4.83% less from 59.05 million shares in 2017Q3 were reported. Legal General Public Limited Com, a United Kingdom-based fund reported 822,963 shares. Art Advsr Ltd Llc holds 9,353 shares or 0.01% of its portfolio. Westpac reported 203,211 shares. Menta Cap Limited Company holds 0.07% or 12,900 shares in its portfolio. Vanguard Gp reported 9.85 million shares stake. Millennium reported 0% of its portfolio in Chesapeake Lodging Trust (NYSE:CHSP). State Of Tennessee Treasury Department accumulated 48,084 shares. Louisiana State Employees Retirement accumulated 25,900 shares. Citigroup accumulated 266,651 shares. Profund Advsrs reported 9,376 shares. Texas Permanent School Fund, Texas-based fund reported 40,623 shares. Barnett And Inc accumulated 0.87% or 65,750 shares. Virginia Retirement Et Al, a Virginia-based fund reported 27,700 shares. 5,769 are owned by Riverhead Cap Mngmt Limited Liability Corporation. California State Teachers Retirement Systems stated it has 0.01% of its portfolio in Chesapeake Lodging Trust (NYSE:CHSP).

Chesapeake Lodging Trust is an equity real estate investment trust. The company has market cap of $1.74 billion. The firm invests in the real estate markets of the United States. It has a 26.56 P/E ratio. It primarily invests in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations.

The stock increased 1.24% or $0.36 during the last trading session, reaching $29.48. About 371,328 shares traded or 22.10% up from the average. Chesapeake Lodging Trust (NYSE:CHSP) has risen 14.89% since April 29, 2017 and is uptrending. It has outperformed by 3.34% the S&P500.

Chesapeake Lodging Trust (NYSE:CHSP) Institutional Positions Chart