Are Analysts Bullish about QUALCOMM, Inc

Murphy John Francis also sold $637,639 worth of QUALCOMM, Inc. (NASDAQ:QCOM) by 0.3% during the first quarter, according to its most recent Form 13F filing with the SEC. Investors measure stock performance on the basis of a company's earnings power. It also reduced its holding in Dun And Bradstreet Corp Del (NYSE:DNB) by 26,350 shares in the quarter, leaving it with 24,528 shares, and cut its stake in Vanguard Index Fds (VBK). About shares traded. Manhattan Associates, Inc. FMR LLC boosted its position in QUALCOMM by 3.7% in the fourth quarter. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". Sfe Counsel has invested 2.65% in QUALCOMM, Inc. The Bremer Trust National Association holds 14,822 shares with $966,000 value, up from 6,922 last quarter. The company has Beta Value of 1.23 and ATR value of 0.98. Citizens Financial Group Inc RI increased its position in QUALCOMM by 0.3% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 39,745,533 shares of the wireless technology company's stock valued at $2,722,569,000 after buying an additional 780,682 shares during the last quarter. Institutional investors own 79.28% of the company's stock. Following last close company's stock, is 6.31% above their SMA 50 and 0.60% above the 52-week high. (NASDAQ:QCOM). Vnbtrust National Association holds 0.38% or 10,552 shares in its portfolio. The company had a trading volume of 14,223,368 shares.

QUALCOMM Incorporated (QCOM)'s distance from 200 day simple moving average is -4.92 percent, its distance from 50 day simple moving average is 3.8 percent, while its distance from 20 day simple moving average is 6.06 percent. QUALCOMM also saw some unusual options trading activity on Friday.

Large investors have recently modified their holdings of the stock. This represents an increase of approximately 233% compared to the average volume of 813 put options. Canaccord Genuity reiterated a buy rating and set a $81.00 price target on shares of QUALCOMM in a research report on Thursday, January 12th. The wireless technology company reported $1.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.05 by $0.29. The company had revenue of $5.99 billion during the quarter, compared to the consensus estimate of $5.86 billion. During the same quarter past year, the business earned $1.04 earnings per share. The company's revenue for the quarter was up 8.1% on a year-over-year basis. Qualcomm Inc sold 4,935 shares as the company's stock rose 2.14% with the market.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 21st. Ci Incorporated owns 771,800 shares for 0.55% of their portfolio. Now it is offering a dividend yield of 3.95% and a 5 year dividend growth rate of 20.05%. This is an increase from QUALCOMM's previous quarterly dividend of $0.53. The ex-dividend date is Friday, May 26th. QUALCOMM's dividend payout ratio (DPR) is now 64.63%. "(QCOM) Forecasted to Earn FY2017 Earnings of $3.95 Per Share" was originally posted by Markets Daily and is the sole property of of Markets Daily. If you are reading this story on another domain, it was illegally copied and reposted in violation of USA & global copyright law. The legal version of this piece of content can be viewed at

Equities researchers at Oppenheimer Holdings dropped their FY2017 earnings estimates for QUALCOMM in a note issued to investors on Wednesday. Cowen & Co maintained the shares of QCOM in report on Thursday, July 23 with "Outperform" rating. (NASDAQ:QCOM), 12 have Buy rating, 2 Sell and 17 Hold.

Analysts at JPMorgan upgraded shares of QUALCOMM, Inc. Rosenblatt Securities upgraded shares of QUALCOMM from a neutral rating to a buy rating and set a $75.00 target price on the stock in a research report on Thursday, January 12th.

In other QUALCOMM news, EVP Michelle M. Sterling sold 5,509 shares of the firm's stock in a transaction dated Monday, May 22nd.

In the transaction dated February 03, 2017, the great number of shares acquired came courtesy the EVP and President, QCT; AMON CRISTIANO R added a total of 18,815 shares at an average price of $53.13, amounting to approximately $999,641. Following the completion of the transaction, the executive vice president now owns 76,246 shares in the company, valued at approximately $4,005,202.38. The stock declined 0.03% or $0.01 reaching $59.27 on the news. The disclosure for this sale can be found here. They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months.

The author does not own Qualcomm stock.

Related news:

Hot News

isis-killer-beheading-video-story-top Eurovision winner arrives home to Portugal
May 23, 2017 - 10:57
Russian Federation is one of Eurovision's heavy hitters, tied with Sweden for the most top-five finishes this century. Portugal also won the first Semi-Final on Tuesday, had the judged vote and the popular vote so the win was absolute.

isis-killer-beheading-video-story-top South Korea's Moon warns high chance of clashes with North
May 22, 2017 - 08:26
New South Korean President Moon Jae-in met Matt Pottinger, overseeing Asian affairs at the U.S. Third, dialogue with North Korea is possible when the circumstances are right.

isis-killer-beheading-video-story-top Microsoft's Surface Pro leaked images reveals the design
May 22, 2017 - 08:17
The Microsoft executive further said that the Surface Pro 4's design would be competitive enough for the next few years. Unfortunately, no other information about the new Surface Pro's internal specifications have been leaked yet.

isis-killer-beheading-video-story-top Capitals Overwhelm Penguins 5-2 To Force Game 7
May 22, 2017 - 08:14
If the Capitals get that and it translates to a win, it earns them a winner-take-call Game 7 back in Washington on Wednesday. In the five games prior, Pittsburgh displayed a vexing habit of clogging up the space in front of the net and blocking shots.

Dwayne Johnson & Tom Hanks In 2020 Is Twitter's Dream Presidential Pair
May 22, 2017 - 08:10
It's like a presidential ticket designed in a lab to make the most people possible say " What could possibly go wrong? ". The actors started wrapping up the bit by saying they were just kidding about a run for the White House.

isis-killer-beheading-video-story-top Zomato assures customer data is safe, contacts hacker to 'destroy' stolen info
May 22, 2017 - 08:09
The data which was being sold on the Dark Web has now been taken down after an agreement between the company and the hacker (s). This put users at risk since the encrypted passwords stored on Zomato's database can be converted into readable formats easily.

isis-killer-beheading-video-story-top MLB Predictions: Can the Tigers stop the Rangers' win streak? 5/20/17
May 22, 2017 - 08:03
In Atlanta, Nick Markakis hit a go-ahead single off Enny Romero (2-2) in the eighth inning and Kurt Suzuki added a two-run homer. Nick Martinez lasted just five innings for the Rangers, but he didn't allow an earned run and allowed Texas to get the lead.

isis-killer-beheading-video-story-top Braves acquire Matt Adams from Cardinals
May 22, 2017 - 07:59
But I can't thank the Cardinals enough for the opportunities they gave me and the trust they had in me. The Atlanta Braves have found a short-term replacement for the injured Freddie Freeman at first base.

isis-killer-beheading-video-story-top Destiny 2 Deeply Detailed, Coming to PC
May 21, 2017 - 07:35
Also new is Clan support offering features such as in-game rosters and custom banners. As well as new game modes, numerous landscapes within Destiny are new as well.

isis-killer-beheading-video-story-top Wenger's future at Arsenal will be decided after FA Cup final
May 21, 2017 - 07:34
Arsenal last failed to be part of European football's premier competition in the 1996/97 season and go into the final game sitting outside the top four places.

isis-killer-beheading-video-story-top Paul George focused on legacy, improving Lakers
May 21, 2017 - 07:23
The Pacers could still offer an extension to George this summer, but he doesn't have as much financial incentive to sign one. Klay Thompson made All-NBA last year but not this year, so he would have to do it again next year to qualify.

isis-killer-beheading-video-story-top Sweden drops rape probe against Assange
May 21, 2017 - 07:13
Her client was "shocked" and "had not changed her view that Assange raped her", the attorney said in an emailed statement to dpa. Police kept up round-the-clock guard outside the embassy until previous year , when the operation was scaled back.

isis-killer-beheading-video-story-top Watch the moment teenage Mark Zuckerberg got accepted to Harvard
May 21, 2017 - 07:04
Zuckerberg, who left Harvard his sophomore year, will be receiving an honorary Doctor of Letters degree. In the video, we see a young Zuckerberg hanging out in his room while his dad Edward films him.

Ransomware cyber-attack a wake-up call
May 20, 2017 - 05:21
Also hit were Deutsche Bahn, the Russian Central Bank , Russian Railways, Russia's Interior Ministry, Megafon and Telefónica. WannaCry uses a vulnerability in old versions of Windows that was originally discovered and exploited by the U.S.

isis-killer-beheading-video-story-top It's not luck: Celtics earn top pick in National Basketball Association draft
May 20, 2017 - 05:09
It sounds like the organization is split on what to do leading up to the 2017 NBA Draft on June 22 . Charlotte is No. 11, with Detroit, Denver and Miami rounding out the 14 lottery spots.