Stock News

Security National Bank Of Sioux City Iowa Cut Qualcomm (QCOM) Position by $638,064; Market Valuation Declined; Intel (INTC) Holder Professional Advisory Services Has Raised Its Stake by $11.60 Million

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Professional Advisory Services Inc increased its stake in Intel (INTC) by 4347.47% based on its latest 2017Q4 regulatory filing with the SEC. Professional Advisory Services Inc bought 252,153 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 257,953 shares of the semiconductors company at the end of 2017Q4, valued at $11.91M, up from 5,800 at the end of the previous reported quarter. Professional Advisory Services Inc who had been investing in Intel for a number of months, seems to be bullish on the $255.42 billion market cap company. The stock increased 0.31% or $0.17 during the last trading session, reaching $54.81. About 13.98 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since May 18, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

Security National Bank Of Sioux City Iowa decreased its stake in Qualcomm Inc (QCOM) by 50.62% based on its latest 2017Q4 regulatory filing with the SEC. Security National Bank Of Sioux City Iowa sold 10,128 shares as the company’s stock declined 15.28% with the market. The institutional investor held 9,878 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $632,000, down from 20,006 at the end of the previous reported quarter. Security National Bank Of Sioux City Iowa who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $84.44 billion market cap company. The stock increased 0.44% or $0.25 during the last trading session, reaching $56.95. About 9.46M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 18, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.01, from 1.03 in 2017Q3. It dropped, as 60 investors sold INTC shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. Aviva Public Limited Liability Corporation accumulated 2.62M shares. Winfield Associate Inc has 0.11% invested in Intel Corporation (NASDAQ:INTC). American Natl Registered Invest Advisor accumulated 45,611 shares or 1% of the stock. Menora Mivtachim Hldg Limited holds 1.78% or 1.00M shares in its portfolio. Acadian Asset Mngmt Ltd Liability Co stated it has 167,564 shares or 0.03% of all its holdings. Granite Inv Ltd Liability Corp reported 71,056 shares. Auxier Asset Mgmt invested in 30,707 shares or 0.27% of the stock. Northpointe Capital Ltd Liability Com accumulated 90,773 shares or 0.47% of the stock. Barclays Public Limited reported 8.67 million shares. Invesco Ltd has 59.20 million shares. Lockheed Martin Mgmt Communications stated it has 0.09% of its portfolio in Intel Corporation (NASDAQ:INTC). Kentucky Retirement Sys invested in 288,602 shares. Rockland Trust has 17,012 shares. Buckhead Ltd Limited Liability Company reported 1.89% in Intel Corporation (NASDAQ:INTC). Portland holds 0.59% or 34,416 shares.

Professional Advisory Services Inc, which manages about $474.18 million US Long portfolio, decreased its stake in Accenture Plc (NYSE:ACN) by 5,816 shares to 100,334 shares, valued at $15.36M in 2017Q4, according to the filing. It also reduced its holding in Diageo Plc (NYSE:DEO) by 40,021 shares in the quarter, leaving it with 65,501 shares, and cut its stake in United Technologies Corp (NYSE:UTX).

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 3 Sell and 16 Hold. Therefore 65% are positive. Intel Corporation has $70 highest and $25 lowest target. $49.81’s average target is -9.12% below currents $54.81 stock price. Intel Corporation had 264 analyst reports since August 7, 2015 according to SRatingsIntel. As per Friday, April 27, the company rating was maintained by Wells Fargo. Citigroup maintained Intel Corporation (NASDAQ:INTC) rating on Tuesday, January 30. Citigroup has “Buy” rating and $58 target. Charter Equity upgraded Intel Corporation (NASDAQ:INTC) on Wednesday, October 19 to “Buy” rating. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by Mizuho on Monday, January 8. Susquehanna maintained it with “Buy” rating and $6400 target in Friday, April 27 report. Nomura maintained Intel Corporation (NASDAQ:INTC) on Monday, February 26 with “Buy” rating. Morgan Stanley maintained the stock with “Underweight” rating in Wednesday, October 19 report. The firm has “Sell” rating by Jefferies given on Friday, April 27. The rating was downgraded by Credit Suisse to “Neutral” on Wednesday, March 15. The stock has “Buy” rating by UBS on Friday, January 15.

Since January 22, 2018, it had 0 buys, and 21 sales for $11.14 million activity. 25,000 shares valued at $1.33M were sold by YOFFIE DAVID B on Tuesday, May 8. 8,967 shares were sold by Shenoy Navin, worth $436,410. On Tuesday, May 8 BRYANT ANDY D sold $1.89 million worth of Intel Corporation (NASDAQ:INTC) or 35,693 shares. Shares for $880,540 were sold by RENDUCHINTALA VENKATA S M on Wednesday, January 31. McBride Kevin Thomas sold $31,943 worth of stock. 20,000 shares were sold by HUNDT REED E, worth $1.07 million.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Israel Finance Ministry says Intel will invest $5B” on May 15, 2018, also Bizjournals.com with their article: “ReachNow expands service to include Oregon Intel campuses” published on May 10, 2018, Seekingalpha.com published: “Intel: The 15-Plus Year Breakout – Part 2” on April 28, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Nasdaq.com and their article: “Cisco Systems, Inc. Stock Is On Sale — Go Long Now” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Qualcomm’s Exit Is Intel’s Gain” with publication date: May 09, 2018.

Since January 9, 2018, it had 0 insider purchases, and 8 selling transactions for $7.62 million activity. ROGERS ALEXANDER H also sold $33,597 worth of QUALCOMM Incorporated (NASDAQ:QCOM) shares. $852,989 worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by AMON CRISTIANO R. GROB MATTHEW S sold $2.81 million worth of stock. THOMPSON JAMES H sold 50,126 shares worth $3.14 million.

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 24.55 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.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. has $315.0 highest and $47 lowest target. $63.82’s average target is 12.06% above currents $56.95 stock price. Qualcomm Inc. had 155 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, November 3 by Citigroup. On Thursday, May 10 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by Canaccord Genuity on Tuesday, March 13 with “Buy”. Wells Fargo downgraded the stock to “Hold” rating in Monday, November 6 report. The firm earned “Hold” rating on Thursday, April 26 by Citigroup. Topeka Capital Markets maintained it with “Hold” rating and $61 target in Thursday, November 5 report. Mizuho maintained the shares of QCOM in report on Wednesday, January 17 with “Buy” rating. On Monday, July 27 the stock rating was upgraded by Morgan Stanley to “Overweight”. The company was maintained on Friday, May 26 by Stifel Nicolaus. RBC Capital Markets maintained it with “Sector Perform” rating and $70 target in Monday, October 3 report.

Investors sentiment decreased to 0.83 in 2017 Q4. Its down 0.02, from 0.85 in 2017Q3. It dropped, 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. Keybank Association Oh reported 0.26% stake. Arrow Fincl Corp has invested 0% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). New York State Teachers Retirement holds 0.37% or 2.41 million shares in its portfolio. Angelo Gordon LP has 275,000 shares. Redwood Capital Mgmt Ltd Company accumulated 200,000 shares or 1.06% of the stock. Advisor Prtn Lc holds 0.28% or 23,003 shares. Moreover, Thompson Mgmt has 1.73% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 153,535 shares. Moreover, Atria Invests Ltd Liability has 0.19% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 58,555 shares. Tiaa Cref Ltd Liability invested 0.24% in QUALCOMM Incorporated (NASDAQ:QCOM). Employees Retirement Sys Of Texas accumulated 424,600 shares or 0.34% of the stock. Kelly Lawrence W Associate Inc Ca holds 0.13% or 11,200 shares in its portfolio. Horrell Cap Mgmt Inc invested in 0.03% or 750 shares. Dodge & Cox invested 0% in QUALCOMM Incorporated (NASDAQ:QCOM). Sentinel Trust Lba stated it has 0.64% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Cibc World Markets holds 0.39% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 858,750 shares.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Seekingalpha.com which released: “Beijing Approves Microchip Deal, Boding Well For Qualcomm-NXP” on May 17, 2018, also Nasdaq.com with their article: “Qualcomm Is Reportedly Giving Up on Server Chips” published on May 10, 2018, 247Wallst.com published: “Qualcomm, NXP Merger Hits Chinese Wall” on April 19, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: “Apple Stymies Qualcomm’s Quarterly Results” published on April 30, 2018 as well as 247Wallst.com‘s news article titled: “US Promises Help for ZTE; China Reopens Qualcomm-NXP Merger Deliberations” with publication date: May 15, 2018.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *