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Kornitzer Capital Management Has Raised Its Qualcomm (QCOM) Position; Masco (MAS) SI Increased By 9.78%

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Masco Corporation (NYSE:MAS) had an increase of 9.78% in short interest. MAS’s SI was 9.43M shares in June as released by FINRA. Its up 9.78% from 8.59 million shares previously. With 3.15 million avg volume, 3 days are for Masco Corporation (NYSE:MAS)’s short sellers to cover MAS’s short positions. The SI to Masco Corporation’s float is 3.04%. The stock decreased 1.35% or $0.52 during the last trading session, reaching $37.92. About 1.91 million shares traded. Masco Corporation (NYSE:MAS) has risen 2.07% since June 21, 2017 and is uptrending. It has underperformed by 10.50% the S&P500. Some Historical MAS News: 23/03/2018 – MASCO CORP – BOARD DECLARED QTRLY DIVIDEND OF $.105 PER COMMON SHARE, PAYABLE MAY 14; 09/04/2018 – MOODY’S ASSIGNS BA3 CFR AND B1 RATING TO NOTES OF TOPBUILD; STABLE OUTLOOK; 18/05/2018 – Masco Corporation Announces Live Webcast of Presentation at Investor Conference — June 6, 2018; 27/03/2018 – Moody’s Upgrades Masco Corporation To Investment Grade; Rating Outlook Stable; 16/04/2018 – Fitch Affirms Masco’s IDR at ‘BBB-‘; Outlook Stable; 27/03/2018 – MOODY’S UPGRADES MASCO TO INVESTMENT GRADE; RATING OUTLOOK; 18/05/2018 – Masco Corporation Announces Live Webcast of Presentation at Investor Conference – June 6, 2018; 09/03/2018 – Masco Buys Kichler Lighting for About $550; 24/04/2018 – MASCO 1Q ADJ EPS 45C, EST. 49C; 26/04/2018 – Hilco Corporate Finance Advises Go! Retail Group’s New Financing

Kornitzer Capital Management Inc increased Qualcomm Inc (QCOM) stake by 2.2% reported in 2018Q1 SEC filing. Kornitzer Capital Management Inc acquired 10,252 shares as Qualcomm Inc (QCOM)’s stock declined 10.48%. The Kornitzer Capital Management Inc holds 476,392 shares with $26.40M value, up from 466,140 last quarter. Qualcomm Inc now has $86.96B valuation. The stock decreased 0.24% or $0.14 during the last trading session, reaching $58.65. About 4.16 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since June 21, 2017 and is uptrending. It has underperformed by 9.99% the S&P500. Some Historical QCOM News: 19/04/2018 – QUALCOMM SAYS CO’S UNIT, NXP TO AMEND SOME RESTRICTIONS RELATED TO CONDUCT, OPERATIONS OF NXP PRIOR TO THE EARLIER OF TERMINATION OF PURCHASE AGREEMENT; 16/03/2018 – The Globe and Mail: Former Qualcomm chairman explores long-shot bid for U.S. chip maker; 14/03/2018 – Broadcom Formally Abandons Bid for Qualcomm on Trump Opposition; 11/04/2018 – MEDIA-Reliance Jio in talks with Qualcomm for laptops running Windows 10 with in-built cellular connections- ET; 27/04/2018 – RPT-EXCLUSIVE-U.S. considers tightening grip on China ties to Corporate America; 18/04/2018 – Qualcomm May Be Collateral Damage in a U.S.-China Trade War; 06/04/2018 – Qualcomm River Holdings Extends Offering Period of Its Previously Announced Cash Tender Offer; 21/05/2018 – QUALCOMM INC – QUALCOMM TECHNOLOGIES WILL INTEGRATE ITS QCA6438 AND QCA6428 FAMILY OF PRE-802.11AY CHIPSETS WITH FACEBOOK’S TERRAGRAPH TECHNOLOGY; 21/05/2018 – QUALCOMM – OUTSTANDING NOTES CONTAIN PROVISIONS THAT WILL REQUIRE QUALCOMM TO REDEEM NOTES IF DEAL HAS NOT BEEN CONSUMMATED ON/ BEFORE JUNE 1; 07/03/2018 – New York Post: Broadcom insists it won’t slash Qualcomm’s spending on 5G

Since February 21, 2018, it had 0 insider purchases, and 6 insider sales for $6.69 million activity. 47,041 Masco Corporation (NYSE:MAS) shares with value of $2.00M were sold by MANOOGIAN RICHARD A. LOSH J MICHAEL sold $234,989 worth of Masco Corporation (NYSE:MAS) on Tuesday, February 27. Shares for $241,844 were sold by VAN LOKEREN MARY ANN. PAYNE LISA A also sold $233,405 worth of Masco Corporation (NYSE:MAS) shares. Shares for $438,219 were sold by Gross Joseph B. on Friday, February 23.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.11, from 1 in 2017Q4. It is negative, as 39 investors sold Masco Corporation shares while 209 reduced holdings. 61 funds opened positions while 159 raised stakes. 267.59 million shares or 1.78% less from 272.45 million shares in 2017Q4 were reported. 38,560 are owned by Fragasso Grp Inc. Kings Point Cap Mngmt stated it has 5,424 shares. Tiverton Asset Mgmt Ltd Limited Liability Company invested in 23,273 shares. 6,926 are held by First Republic Mngmt. Employees Retirement Association Of Colorado holds 0.02% of its portfolio in Masco Corporation (NYSE:MAS) for 59,052 shares. Captrust Fincl Advisors holds 0% or 285 shares. Godshalk Welsh Cap Management holds 0.55% or 12,600 shares. City Hldgs Communication has invested 0.01% of its portfolio in Masco Corporation (NYSE:MAS). Calamos Advsrs invested in 605,448 shares. Pub Sector Pension Investment Board holds 0% or 17,114 shares. Greenwood Cap Assocs Lc accumulated 9,310 shares or 0.09% of the stock. Mackay Shields Ltd accumulated 52,949 shares. Dubuque Bank & Trust And Tru Co holds 102 shares. 1832 Asset Lp reported 27,200 shares stake. Moneta Grp Investment Advsrs Lc holds 0.08% of its portfolio in Masco Corporation (NYSE:MAS) for 14,545 shares.

Masco Corporation designs, manufactures, markets, and distributes home improvement and building products worldwide. The company has market cap of $11.77 billion. The Company’s Plumbing Products segment provides faucets, showerheads, handheld showers, valves, bathing units, shower enclosures, toilets, acrylic tubs, shower trays, spas products, exercise pools and systems, brass and copper plumbing system components, and other non-decorative plumbing products. It has a 22.32 P/E ratio. The companyÂ’s Decorative Architectural Products segment offers architectural coatings, including paints, primers, specialty paints, stains, and waterproofing products; cabinet, door, window, and hardware products; and functional hardware, wall plates, hook and rail products, and picture hanging accessories, as well as decorative bath hardware, shower accessories, and shower doors.

Among 25 analysts covering Masco (NYSE:MAS), 16 have Buy rating, 0 Sell and 9 Hold. Therefore 64% are positive. Masco had 74 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Masco Corporation (NYSE:MAS) has “Buy” rating given on Wednesday, May 31 by RBC Capital Markets. Macquarie Research upgraded the stock to “Outperform” rating in Wednesday, January 6 report. The firm earned “Overweight” rating on Wednesday, October 28 by Barclays Capital. The firm has “Buy” rating by RBC Capital Markets given on Friday, February 9. The stock of Masco Corporation (NYSE:MAS) earned “Buy” rating by Jefferies on Wednesday, May 31. The stock has “Outperform” rating by Macquarie Research on Friday, December 16. The firm earned “Hold” rating on Monday, January 22 by Credit Suisse. Jefferies maintained it with “Buy” rating and $45.0 target in Tuesday, August 22 report. Citigroup maintained the shares of MAS in report on Wednesday, October 25 with “Neutral” rating. The firm has “Neutral” rating given on Tuesday, July 28 by M Partners.

Another recent and important Masco Corporation (NYSE:MAS) news was published by Seekingalpha.com which published an article titled: “Buy Lockheed Martin On Weakness – Cramer’s Lightning Round (6/14/18)” on June 15, 2018.

Since January 9, 2018, it had 0 insider purchases, and 9 insider sales for $7.68 million activity. The insider THOMPSON JAMES H sold 50,126 shares worth $3.14M. 1,052 shares were sold by ROGERS ALEXANDER H, worth $62,647. 11,670 shares valued at $618,603 were sold by Rosenberg Donald J on Tuesday, May 8. Another trade for 16,082 shares valued at $852,989 was sold by AMON CRISTIANO R. Another trade for 43,000 shares valued at $2.81 million was sold by GROB MATTHEW S.

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.05, from 0.83 in 2017Q4. It fall, as 104 investors sold QCOM shares while 500 reduced holdings. 100 funds opened positions while 370 raised stakes. 1.11 billion shares or 0.11% less from 1.11 billion shares in 2017Q4 were reported. Columbia Prns L L C Management stated it has 117,389 shares or 0.83% of all its holdings. Credit Suisse Ag has 3.01M shares. Blackrock Inc stated it has 116.60M shares. Edgestream Ptnrs Limited Partnership, New Jersey-based fund reported 79,022 shares. Natixis has 1.56 million shares for 0.53% of their portfolio. Sawgrass Asset Mngmt Ltd Liability Com holds 0.01% or 5,130 shares. Capital Incorporated Ca has invested 0.14% in QUALCOMM Incorporated (NASDAQ:QCOM). Livingston Asset Mgmt (Operating As Southport Cap Management) holds 0.42% or 16,990 shares in its portfolio. Schulhoff And Company accumulated 14,270 shares or 0.46% of the stock. Commonwealth Bankshares Of has 0.12% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 198,849 shares. Public Employees Retirement Association Of Colorado holds 0.1% in QUALCOMM Incorporated (NASDAQ:QCOM) or 263,555 shares. Hbk Limited Partnership stated it has 4.81 million shares. Edmp has invested 2.9% in QUALCOMM Incorporated (NASDAQ:QCOM). 3.13M are owned by Canada Pension Plan Board. Arizona State Retirement Sys accumulated 403,677 shares.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. had 157 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Canaccord Genuity on Monday, November 13 with “Buy”. Cowen & Co maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Wednesday, January 31. Cowen & Co has “Buy” rating and $315.0 target. The firm earned “Buy” rating on Wednesday, April 4 by RBC Capital Markets. The firm has “Buy” rating by Northland Capital given on Thursday, November 2. The stock has “Hold” rating by BMO Capital Markets on Wednesday, November 1. The firm has “Buy” rating by Canaccord Genuity given on Friday, August 14. JP Morgan initiated QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, September 8 with “Neutral” rating. On Tuesday, October 31 the stock rating was maintained by Mizuho with “Buy”. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Hold” rating by RBC Capital Markets on Thursday, August 24. As per Friday, February 12, the company rating was maintained by Mizuho.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Globenewswire.com which released: “Hagens Berman Alerts Investors in Qualcomm Incorporated (NASDAQ: QCOM) to the August 7, 2018 Securities Class …” on June 13, 2018, also Benzinga.com with their article: “Investors ‘Wait With Baited Breath’ Following Conflicting Reports On Qualcomm-NXP Deal” published on June 15, 2018, Globenewswire.com published: “SHAREHOLDER ALERT – EDGE GSUM MOH QCOM: The Law Offices of Vincent Wong Reminds Investors of …” on June 21, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “A Safe Dividend Makes Verizon Communications Inc. Stock a Safe Bet” published on June 19, 2018 as well as Digitaljournal.com‘s news article titled: “NASDAQ:QCOM Shareholder Notice: Lawsuit Alleges Misleading Statements by QUALCOMM Incorporated” with publication date: June 20, 2018.

Kornitzer Capital Management Inc decreased Braves C stake by 18,300 shares to 54,000 valued at $1.23M in 2018Q1. It also reduced Fedex Corporation (NYSE:FDX) stake by 1,499 shares and now owns 23,950 shares. Mimecast Ltd was reduced too.

Masco Corporation (NYSE:MAS) Institutional Positions Chart

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