As Qualcomm INC (QCOM) Stock Price Rose, D-E Shaw & Company INC Raised Holding

March 14, 2018 - By Louis Casey

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.13, from 0.98 in 2017Q2. It turned negative, as 83 investors sold QCOM shares while 490 reduced holdings. 89 funds opened positions while 397 raised stakes. 1.10 billion shares or 0.88% less from 1.11 billion shares in 2017Q2 were reported. Fayerweather Charles invested in 0.94% or 13,795 shares. Comerica Secs has 22,174 shares for 0.16% of their portfolio. Dreman Value L L C has invested 0.81% in QUALCOMM Incorporated (NASDAQ:QCOM). American Investment Advsrs Ltd Liability, New Hampshire-based fund reported 66,760 shares. Howe Rusling has 0% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Point72 Asset Mgmt Lp reported 30,730 shares. Cap Wealth Planning Ltd holds 0.27% or 6,600 shares. Stock Yards National Bank & Trust And Tru has invested 0.25% in QUALCOMM Incorporated (NASDAQ:QCOM). Rand Wealth Ltd Limited Liability Company has 0.05% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 8,857 shares. Parus (Uk) Ltd holds 1.29% or 141,632 shares. Quantum Capital owns 0.18% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 14,474 shares. Security Fincl Bank Of Sioux City Iowa Ia reported 20,006 shares stake. 54,487 are owned by Laurion Capital Limited Partnership. 200,991 are held by Berkshire Asset Management Limited Liability Pa. 49,072 are held by Private Advisor Limited Co.

Since September 27, 2017, it had 0 insider buys, and 5 insider sales for $2.98 million activity. $2.81M worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by GROB MATTHEW S.

David Shaw increased its stake in Qualcomm Inc (QCOM) by 2081.53% based on its latest 2017Q3 regulatory filing with the SEC. D-E Shaw & Company Inc bought 6.92M shares as the company’s stock rose 2.14% with the market. The hedge fund run by David Shaw held 7.25 million shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $376.03M, up from 332,500 at the end of the previous reported quarter. D-E Shaw & Company Inc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $89.00 billion market cap company. The stock increased 0.70% or $0.42 during the last trading session, reaching $60.12. About 24.47 million shares traded or 106.23% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since March 14, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

D-E Shaw & Company Inc, which manages about $81.36 billion and $65.09 billion US Long portfolio, decreased its stake in 3M Co (Put) (NYSE:MMM) by 23,800 shares to 34,200 shares, valued at $7.18 million in 2017Q3, according to the filing. It also reduced its holding in Wal (NYSE:WMT) by 133,700 shares in the quarter, leaving it with 274,800 shares, and cut its stake in Twitter Inc (NYSE:TWTR).

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: which released: “Form DEFA14A QUALCOMM INC/DE” on March 13, 2018, also with their article: “Qualcomm, Inc. Stock Fell Off a Cliff Last Night — Go Long the Headline” published on March 13, 2018, published: “5 Notable Dividend Stocks Boost Payouts, Including Qualcomm, Inc.” on March 12, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: and their article: “Broadcom promises on security, Qualcomm revamps board” published on March 09, 2018 as well as‘s news article titled: “Trump Orders Broadcom to Cease Attempt to Buy Qualcomm” with publication date: March 12, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Ratings Coverage

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 19 Hold. Therefore 44% are positive. Qualcomm Inc. had 135 analyst reports since July 23, 2015 according to SRatingsIntel. Bernstein maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Wednesday, July 19 with “Hold” rating. Deutsche Bank maintained the stock with “Hold” rating in Thursday, July 20 report. On Friday, July 1 the stock rating was downgraded by Evercore to “Hold”. The firm earned “Buy” rating on Monday, February 19 by RBC Capital Markets. On Thursday, June 15 the stock rating was maintained by Susquehanna with “Buy”. Topeka Capital Markets maintained it with “Hold” rating and $61 target in Thursday, November 5 report. The company was maintained on Friday, November 3 by Citigroup. The stock has “Buy” rating by UBS on Monday, November 6. The company was downgraded on Wednesday, December 14 by JP Morgan. The firm has “Underperform” rating by BMO Capital Markets given on Friday, July 15.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: