Brokerages Set QUALCOMM Incorporated (QCOM) PT at $64.63

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30 June, 2017

Westell Technologies had 2 analyst reports since September 2, 2015 according to SRatingsIntel. Zacks upgraded the stock to "Sell" rating in Friday, August 28 report. The company was maintained on Thursday, November 19 by Stifel Nicolaus. Vetr cut shares of QUALCOMM from a "buy" rating to a "hold" rating and set a $60.62 target price for the company.in a research report on Monday, May 22nd. Northland Capital upgraded the stock to "Outperform" rating in Friday, January 22 report. As per Wednesday, April 6, the company rating was maintained by JP Morgan. Avondale has "Market Outperform" rating and $90 target. Virtu Financial LLC acquired a new position in shares of QUALCOMM during the first quarter valued at about $546,000. The institutional investor held 362,350 shares of the radio and television broadcasting and communications equipment company at the end of 2016Q4, valued at $23.63M, up from 349,680 at the end of the previous reported quarter. Leading up to this report, we have seen a -5.26% fall in the stock price over the last 30 days and a 11.99% increase over the past 3 months. Artisan Partners Limited Partnership now owns 8,660,638 shares of the wireless technology company's stock worth $564,674,000 after buying an additional 221,156 shares during the last quarter. (NDAQ:QCOM) has risen 9.31% since June 30, 2016 and is uptrending. It has underperformed by 47.42% the S&P500.The move comes after 7 months positive chart setup for the $48.31 million company. Following the transaction, the executive vice president now directly owns 76,246 shares in the company, valued at approximately $4,005,202.38. The insider Rosenberg Donald J sold 10,701 shares worth $588,767. About 276 shares traded. It has underperformed by 7.39% the S&P500.

Investors sentiment increased to 1.07 in 2016 Q4. QCOM's profit would be $1.02 billion giving it 20.25 P/E if the $0.68 EPS is correct. The stock was sold at an average price of $52.53, for a total transaction of $1,313,250.00. WealthTrust Axiom LLC raised its stake in QUALCOMM by 0.3% in the first quarter. Nomura Asset Management Co. Manufacturers Life Insurance Co The has invested 0.02% of its portfolio in Conagra Brands Inc (NYSE:CAG). Another trade for 470 shares valued at $26,922 was made by ROGERS ALEXANDER H on Tuesday, May 30. First Republic holds 0.32% or 567,713 shares in its portfolio. First Western holds 1.94% or 54,770 shares in its portfolio. Princeton Capital holds 2.14% or 49,256 shares. Guinness Asset Ltd reported 51,440 shares. 1,600 were accumulated by Cardinal Management Incorporated. 154,088 are owned by Raymond James And. Miles reported 19,203 shares or 0.76% of all its holdings. Magnetar Ltd Liability Company invested 0.02% in QUALCOMM, Inc. The company has market cap of $996.56 million. The Firm operates through two divisions: Consumer Foods and Commercial Foods. It has a 30.68 P/E ratio. The Firm sells branded and customized food products, as well as commercially branded foods. Equities research analysts expect that QUALCOMM Incorporated will post $4.25 earnings per share for the current fiscal year. Therefore 41% are positive. (NASDAQ:QCOM) on Thursday, June 1.

In other QUALCOMM news, President Derek K. Aberle sold 22,251 shares of the firm's stock in a transaction that occurred on Thursday, June 1st. BMO Capital Markets downgraded QUALCOMM, Inc. (NASDAQ:QCOM) has "Neutral" rating given on Friday, February 12 by Mizuho. The company was maintained on Thursday, July 21 by Canaccord Genuity. The rating has been disclosed to clients in an analyst note on 29 June.

Since January 3, 2017, it had 3 insider buys, and 6 sales for $1.57 million activity. LIVERMORE ANN M had bought 9,000 shares worth $491,286 on Thursday, May 11. (NASDAQ:QCOM). Stonebridge Cap Mngmt Inc accumulated 89,158 shares. The Company's divisions include QCT (Qualcomm CDMA Technologies), QTL (Qualcomm Technology Licensing) and QSI (Qualcomm Strategic Initiatives). (NASDAQ:QCOM) was bought by VINCIQUERRA ANTHONY J. (NASDAQ:QCOM) on Monday, January 30. (NASDAQ:QCOM). 397,206 are owned by Golub Gp. $53,985 worth of QUALCOMM, Inc. (NASDAQ:QCOM) shares. Another trade for 2,000 shares valued at $131,720 was sold by GROB MATTHEW S.

Investors sentiment decreased to 1.01 in 2016 Q4. Its down 0.07, from 1.08 in 2016Q3.

A number of institutional investors have recently added to or reduced their stakes in the stock. 139 funds opened positions while 483 raised stakes. Convergence Invest Prtnrs has 76,568 shares. The New Jersey-based New Jersey Better Educational Savings Trust has invested 0.14% in the stock.

Connor Clark & Lunn Inv Mgmt Limited holds 62,200 shares or 0.03% of its portfolio. This is an increase from QUALCOMM's previous quarterly dividend of $0.53. (NASDAQ:QCOM). Exxonmobil Mngmt Inc Tx owns 341,850 shares. Parkside Bank And stated it has 0.02% in QUALCOMM, Inc. (NASDAQ:QCOM). Noesis Cap Mangement holds 2.66% in QUALCOMM, Inc. (NASDAQ:QCOM) or 1,000 shares. Woodstock has 1.35% invested in QUALCOMM, Inc. (NASDAQ:QCOM) news were published by: Fool.com which released: "Qualcomm, Inc.: The Bear Case from a Bull" on June 21, 2017, also Fool.com with their article: "3 Terrible Reasons to Sell Qualcomm Inc". (NASDAQ:QCOM) for 1.84M shares. Polar Llp owns 100,024 shares for 0.1% of their portfolio. The company was maintained on Friday, March 31 by Macquarie Research. Zions Bancorporation (NASDAQ:ZION) was reduced too.

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