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LLC Trims Position in QUALCOMM, Inc. (NASDAQ:QCOM)

At the session level, shares of QUALCOMM Incorporated (NASDAQ:QCOM) moved 0.34% from the open. About 3.74 million shares traded. It has underperformed by 7.39% the S&P500.

Hemenway Trust Company Llc decreased its stake in Qualcomm (QCOM) by 61.85% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 11,112 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $576,000, down from 29,129 at the end of the previous reported quarter. The stock increased 0.05% or $0.08 during the last trading session, reaching $154.12. About 22,646 shares traded. Exelon Corporation (NYSE:EXC) has risen 2.57% since December 29, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

Among 36 analysts covering Qualcomm Inc. During the same quarter in the prior year, the business earned $1.28 EPS. QCOM's profit will be $1.14 billion for 20.90 P/E if the $0.77 EPS becomes a reality. After having $0.82 EPS previously, QUALCOMM Incorporated's analysts see -6.10 % EPS growth. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 0.80 as current ratio and on the opponent side the debt to equity ratio was 2.38 and long-term debt to equity ratio also remained 2.10. Its down 0.13, from 0.98 in 2017Q2.

A number of other hedge funds also recently bought and sold shares of QCOM. Krilogy Financial LLC raised its position in shares of QUALCOMM by 47.0% in the 2nd quarter. Seaward Management Partnership holds 0.41% or 46,689 shares in its portfolio. Bartlett & Com Ltd Llc accumulated 514,723 shares. Umb Natl Bank N A Mo stated it has 57,469 shares. Dt Inv Ltd invested 0.05% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Van Eck Associate Corp holds 0% or 65,816 shares. Franklin Street Advisors Nc stated it has 0.1% in QUALCOMM Incorporated (NASDAQ:QCOM). The investor is now holding $68.66 million shares due in part to a decrease of 543914 new shares in their portfolio. The Guinness Asset Management Ltd holds 37,290 shares with $1.93M value, down from 86,500 last quarter. Bradley Foster Sargent Ct, a Connecticut-based fund reported 30,952 shares. Nomura Asset Management accumulated 717,053 shares. QUALCOMM Incorporated was covered by a number of analysts recently, 3 rated the stock as Buy, 6 rated Outperform, 14 rated Hold, 0 gave an Underperform and 0 rated sell. Therefore 60% are positive. Qualcomm Inc. had 122 analyst reports since July 23, 2015 according to SRatingsIntel. As per Thursday, August 24, the company rating was maintained by RBC Capital Markets. Topeka Capital Markets maintained it with "Hold" rating and $61 target in Thursday, November 5 report. Brean Capital maintained the shares of QCOM in report on Thursday, July 23 with "Buy" rating. The company was maintained on Friday, August 14 by Barclays Capital. (NASDAQ:SIRI) earned "Buy" rating by Gabelli on Friday, September 18. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has "Mkt Perform" rating given on Tuesday, January 24 by Charter Equity. Stifel Nicolaus maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, January 26. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, November 19. Stifel Financial Corp now owns 2,932,964 shares of the wireless technology company's stock worth $168,002,000 after acquiring an additional 943,026 shares during the period.

Crestpoint Capital Management Llc, which manages about $225.04M and $224.27 million US Long portfolio, upped its stake in Phillips 66 (NYSE:PSX) by 3,900 shares to 17,500 shares, valued at $1.60 million in 2017Q3, according to the filing. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT.

Investors sentiment is 0.83 in 2017 Q3. Its up 0.18, from 0.8 in 2017Q2. It improved, as 33 investors sold HRS shares while 196 reduced holdings. 117 funds opened positions while 547 raised stakes. Tower Research Capital Ltd Co (Trc) has 115 shares for 0% of their portfolio. Keybank Natl Association Oh holds 0.25% or 828,759 shares. The firm owned 53,129 shares of the wireless technology company's stock after acquiring an additional 40,416 shares during the period. Huber Capital Management Limited Com has invested 1.88% in Exelon Corporation (NYSE:EXC). The Alabama-based Associated Banc has invested 0.02% in Exelon Corporation (NYSE:EXC). Moreover, Srb has 0.02% invested in QUALCOMM Incorporated (NASDAQ:QCOM). The Switzerland-based Credit Suisse Ag has invested 0.02% in Harris Corporation (NYSE:HRS). Canandaigua Financial Bank And Tru invested 0.06% of its portfolio in Exelon Corporation (NYSE:EXC). Veritable LP stated it has 0.06% in QUALCOMM Incorporated (NASDAQ:QCOM). Stearns Finance Gp reported 8,843 shares or 0.12% of all its holdings. Prudential reported 115,825 shares. Markston Int Ltd holds 63,985 shares.

Analysts await Universal Display Corporation (NASDAQ:OLED) to report earnings on February, 22. They expect $1.72 EPS, up 8.86% or $0.14 from last year's $1.58 per share. EXC's profit will be $576.52 million for 16.38 P/E if the $0.60 EPS becomes a reality. After $0.82 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -6.10% negative EPS growth.

Among 9 analysts covering Harris (NYSE:HRS), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 32% are positive. The firm earned "Buy" rating on Tuesday, November 14 by RBC Capital Markets. The company was maintained on Friday, April 7 by Piper Jaffray. Also, EVP Michelle M. Sterling sold 5,509 shares of the firm's stock in a transaction dated Monday, May 22nd. Cowen & Co maintained it with "Outperform" rating and $69 target in Thursday, November 5 report. Barclays Capital downgraded it to "Equal Weight" rating and $110 target in Monday, May 1 report. Canaccord Genuity maintained it with "Buy" rating and $70 target in Thursday, July 21 report. Jefferies maintained Harris Corporation (NYSE:HRS) rating on Tuesday, June 6. NiSource Inc. (NYSE:NI) earnings have declined with a quarterly rate of -4.8% over the last 5 years.

Since October 20, 2017, it had 0 buys, and 2 sales for $109,569 activity. The company was upgraded on Friday, September 25 by Guggenheim. The insider FOX SHELDON J sold $5.95 million.

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