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Jpmorgan Chase & Company Has Trimmed Its Columbia Sportswear Co (COLM) Holding by $3.86 Million; Qualcomm (QCOM) Shares Declined While Petrus Trust Company Lta Trimmed Holding by $1.73 Million

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Jpmorgan Chase & Company decreased its stake in Columbia Sportswear Co (COLM) by 3.04% based on its latest 2017Q4 regulatory filing with the SEC. Jpmorgan Chase & Company sold 54,405 shares as the company’s stock rose 7.11% while stock markets declined. The institutional investor held 1.73 million shares of the apparel company at the end of 2017Q4, valued at $124.70 million, down from 1.79 million at the end of the previous reported quarter. Jpmorgan Chase & Company who had been investing in Columbia Sportswear Co for a number of months, seems to be less bullish one the $6.00 billion market cap company. The stock increased 0.14% or $0.12 during the last trading session, reaching $85.72. About 237,283 shares traded. Columbia Sportswear Company (NASDAQ:COLM) has risen 31.21% since May 20, 2017 and is uptrending. It has outperformed by 19.66% the S&P500.

Petrus Trust Company Lta decreased its stake in Qualcomm Inc (QCOM) by 32.99% based on its latest 2017Q4 regulatory filing with the SEC. Petrus Trust Company Lta sold 27,000 shares as the company’s stock declined 15.28% with the market. The institutional investor held 54,835 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $3.51M, down from 81,835 at the end of the previous reported quarter. Petrus Trust Company Lta who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $85.27 billion market cap company. The stock increased 0.98% or $0.56 during the last trading session, reaching $57.51. About 10.20M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 20, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Since January 9, 2018, it had 0 insider purchases, and 8 selling transactions for $7.62 million activity. THOMPSON JAMES H sold $3.14 million worth of stock. On Tuesday, May 8 Rosenberg Donald J sold $618,603 worth of QUALCOMM Incorporated (NASDAQ:QCOM) or 11,670 shares. $2.81M worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by GROB MATTHEW S. AMON CRISTIANO R sold $852,989 worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, May 8.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Investorplace.com which released: “3 Stocks to Watch on Thursday: Booking Holdings Inc (BKNG), Microsoft Corporation (MSFT) and Qualcomm, Inc …” on May 10, 2018, also Investorplace.com with their article: “Speculators Are Piling into Qualcomm, Inc. Stock for Two Big Reasons” published on May 14, 2018, Fool.com published: “Here’s Qualcomm’s Plan to Boost Profits and Win Back Investor Confidence” on May 13, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: “Beijing Approves Microchip Deal, Boding Well For Qualcomm-NXP” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Apple Stymies Qualcomm’s Quarterly Results” with publication date: April 30, 2018.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. had 155 analyst reports since July 23, 2015 according to SRatingsIntel. On Thursday, July 23 the stock rating was maintained by Oppenheimer with “Outperform”. Deutsche Bank maintained the shares of QCOM in report on Thursday, July 20 with “Hold” rating. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Market Perform” rating by Northland Capital on Thursday, November 5. The rating was maintained by Citigroup on Friday, November 3 with “Neutral”. Stifel Nicolaus downgraded the stock to “Hold” rating in Wednesday, March 7 report. As per Thursday, July 23, the company rating was maintained by Cowen & Co. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Neutral” rating by Rosenblatt on Wednesday, April 19. Canaccord Genuity maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Wednesday, November 1. Canaccord Genuity has “Buy” rating and $70.0 target. Nomura upgraded QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, October 31 to “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $80.0 target in Monday, January 29 report.

Petrus Trust Company Lta, which manages about $403.64M US Long portfolio, upped its stake in Flowserve Corp (NYSE:FLS) by 24,800 shares to 192,400 shares, valued at $8.11 million in 2017Q4, according to the filing. It also increased its holding in Cvs Health Corp (NYSE:CVS) by 18,033 shares in the quarter, for a total of 218,406 shares, and has risen its stake in Pepsico Inc (NYSE:PEP).

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on July, 18. They expect $0.58 EPS, down 17.14% or $0.12 from last year’s $0.7 per share. QCOM’s profit will be $859.91 million for 24.79 P/E if the $0.58 EPS becomes a reality. After $0.67 actual EPS reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -13.43% negative EPS growth.

Investors sentiment decreased to 0.83 in 2017 Q4. Its down 0.02, from 0.85 in 2017Q3. It turned negative, 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. Adirondack Tru invested in 9,958 shares. Argi Invest Svcs Llc holds 21,125 shares or 0.09% of its portfolio. First Interstate National Bank & Trust invested in 196,043 shares. Cwm Limited Liability Co holds 1.48% or 521,174 shares. Vermont-based Manchester Mgmt Ltd Llc has invested 0.26% in QUALCOMM Incorporated (NASDAQ:QCOM). Magellan Asset Management Limited holds 0% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 352 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.18% in QUALCOMM Incorporated (NASDAQ:QCOM). Sumitomo Mitsui Holdings owns 0.35% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 4.25M shares. Eastern Fincl Bank has 3,534 shares for 0.02% of their portfolio. Profit Investment Management Llc, Maryland-based fund reported 3,892 shares. Denver Advsrs Limited Liability Company has 0.48% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Alexandria Cap Limited Company invested 0.09% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Sterneck Capital Management Llc accumulated 2.01% or 52,361 shares. Drw Securities Limited Liability owns 20,664 shares or 0.14% of their US portfolio. Rampart Inv Mgmt Lc has invested 0.49% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM).

Jpmorgan Chase & Company, which manages about $474.64B US Long portfolio, upped its stake in Shake Shack Inc by 210,769 shares to 224,192 shares, valued at $9.69 million in 2017Q4, according to the filing. It also increased its holding in Teleflex Inc (NYSE:TFX) by 27,707 shares in the quarter, for a total of 99,117 shares, and has risen its stake in Vanda Pharmaceuticals Inc (NASDAQ:VNDA).

Analysts await Columbia Sportswear Company (NASDAQ:COLM) to report earnings on July, 26. They expect $-0.11 earnings per share, up 35.29% or $0.06 from last year’s $-0.17 per share. After $0.77 actual earnings per share reported by Columbia Sportswear Company for the previous quarter, Wall Street now forecasts -114.29% negative EPS growth.

Another recent and important Columbia Sportswear Company (NASDAQ:COLM) news was published by Globenewswire.com which published an article titled: “Consolidated Research: 2018 Summary Expectations for Kinsale Capital Group, K2M Group, PriceSmart, Arlington …” on April 27, 2018.

Since February 12, 2018, it had 0 insider buys, and 9 selling transactions for $10.17 million activity. 11,694 shares were sold by KLENZ WALTER, worth $887,224 on Monday, February 26. Cusick Thomas B. also sold $688,298 worth of Columbia Sportswear Company (NASDAQ:COLM) shares. $510,356 worth of stock was sold by ALBERS MURREY R on Tuesday, February 27. GEORGE EDWARD S had sold 11,608 shares worth $888,244 on Wednesday, February 14. Bragdon Peter J also sold $2.57M worth of Columbia Sportswear Company (NASDAQ:COLM) shares. On Tuesday, February 20 the insider BANY SARAH sold $879,482.

Columbia Sportswear Company (NASDAQ:COLM) Institutional Positions Chart

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