As Facebook Common (FB) Share Price Declined, Country Trust Bank Raised by $19.73 Million Its Position; As Qualcomm (Put) (QCOM) Market Value Declined, Nomura Holdings Lifted Stake

June 24, 2018 - By Vivian Currie

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Nomura Holdings Inc increased its stake in Qualcomm Inc (Put) (QCOM) by 131.29% based on its latest 2018Q1 regulatory filing with the SEC. Nomura Holdings Inc bought 1.02 million shares as the company’s stock declined 10.48% with the market. The institutional investor held 1.79M shares of the radio and television broadcasting and communications equipment company at the end of 2018Q1, valued at $110.46 million, up from 775,400 at the end of the previous reported quarter. Nomura Holdings Inc who had been investing in Qualcomm Inc (Put) for a number of months, seems to be bullish on the $86.73B market cap company. The stock decreased 0.43% or $0.25 during the last trading session, reaching $58.5. About 4.70 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since June 24, 2017 and is uptrending. It has underperformed by 9.99% the S&P500. Some Historical QCOM News: 12/04/2018 – CNBC Now: Former Qualcomm chairman Paul Jacobs is assembling a group of buyers to take it private; 27/05/2018 – QUALCOMM TO MEET CHINA REGULATORS THIS WEEK ON NXP DEAL: RTRS; 23/03/2018 – QUALCOMM CONFIDENT IT CAN CLOSE NXP DEAL; 12/03/2018 – Patently Apple: The U.S. Committee on Foreign Investment Shuts the Door on Broadcom’s Bid for Qualcomm based on Security Risks; 25/04/2018 – Hartford Value Opportunities Exits L Brands, Cuts Qualcomm; 26/04/2018 – 5GAA, Audi, Ford and Qualcomm Showcase C-V2X Direct Communications Interoperability to Improve Road Safety; 06/03/2018 – U.S. sees national security risk from Broadcom’s Qualcomm deal; 23/03/2018 – QUALCOMM INC – CO AND NXP ARE PREPARING TO SEEK ADDITIONAL TIME TO COMPLETE TRANSACTION FROM FTC, SHOULD IT BECOME NECESSARY; 08/05/2018 – U.S. to reveal winners of drone program that has attracted top companies; 14/03/2018 – QUALCOMM MAY BE ABLE TO GET NXPI MOFCOM OK NEXT MONTH: DEALREP

Country Trust Bank increased its stake in Facebook Inc Common (FB) by 21923.14% based on its latest 2018Q1 regulatory filing with the SEC. Country Trust Bank bought 124,085 shares as the company’s stock declined 0.01% with the market. The institutional investor held 124,651 shares of the technology company at the end of 2018Q1, valued at $19.92M, up from 566 at the end of the previous reported quarter. Country Trust Bank who had been investing in Facebook Inc Common for a number of months, seems to be bullish on the $583.96 billion market cap company. The stock increased 0.12% or $0.24 during the last trading session, reaching $201.74. About 17.42M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since June 24, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 01/05/2018 – Facebook Plans a New Dating Feature, Sending Match, IAC Plunging; 03/04/2018 – Facebook takes down accounts used by Russian troll farm; 26/03/2018 – CMO Today: Madison Avenue and Silicon Valley Tension; Vestager’s ‘Grave Suspicions’ About Google; Facebook’s Apology Ads; 21/03/2018 – FACEBOOK DIRECTOR DESMOND-HELLMAN SAYS ZUCKERBERG, SANDBERG ‘ARE INSTRUMENTAL’ TO COMPANY’S FUTURE; 17/04/2018 – PROPOSED EU LAW WOULD APPLY TO DATA HELD WITHIN AND OUTSIDE THE BLOC; 03/05/2018 – Despite all the Cambridge Analytica drama, Facebook’s F8 still felt like F8 Facebook’s developer conference showed that Facebook is still Facebook; 19/03/2018 – EU to investigate Facebook and Cambridge Analytica data usage; 26/04/2018 – Facebook is investigating whether secretive firm Palantir had ‘improper’ access to user data; 22/03/2018 – Facebook data leak scandal won’t deter advertisers unless two things happen, industry insiders say; 17/04/2018 – Splunk Congratulates FCW Federal 100 Award Winner from U.S. Department of Health and Human Services

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 stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Hold” rating by Topeka Capital Markets on Thursday, November 5. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, November 5 report. Canaccord Genuity maintained it with “Buy” rating and $7500 target in Wednesday, May 16 report. The stock has “Neutral” rating by Citigroup on Friday, November 3. The rating was maintained by BMO Capital Markets on Wednesday, July 19 with “Hold”. On Monday, February 19 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Underperform” rating by CLSA on Monday, January 23. Stifel Nicolaus maintained it with “Buy” rating and $59 target in Thursday, November 19 report. The firm has “Positive” rating by Susquehanna given on Wednesday, January 13. As per Monday, July 10, the company rating was maintained by BMO Capital Markets.

Nomura Holdings Inc, which manages about $114.27B US Long portfolio, decreased its stake in A by 750,630 shares to 235,670 shares, valued at $10.07 million in 2018Q1, according to the filing. It also reduced its holding in Mondelez International Inc (NASDAQ:MDLZ) by 1.80M shares in the quarter, leaving it with 4.67 million shares, and cut its stake in Walt Disney Co/The (Put) (NYSE:DIS).

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.05, from 0.83 in 2017Q4. It dropped, 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. Qs Invsts Lc reported 59,681 shares. Regal Ltd holds 4,768 shares. Blue Chip Prtnrs invested 0.72% in QUALCOMM Incorporated (NASDAQ:QCOM). First Corporation In has 0.05% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 1,220 shares. Levy Harkins & has 255,190 shares. City, West Virginia-based fund reported 22,559 shares. Maryland-based Profund Advisors Ltd Liability has invested 1% in QUALCOMM Incorporated (NASDAQ:QCOM). The Pennsylvania-based Northstar Asset Ltd Llc has invested 0.79% in QUALCOMM Incorporated (NASDAQ:QCOM). Ancora Advisors Ltd Llc stated it has 52,278 shares or 0.13% of all its holdings. Hedeker Wealth Limited Liability Company owns 26,448 shares or 1.13% of their US portfolio. Dynamic Management Ltd has invested 1.17% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Meeder Asset Inc has 12,243 shares for 0.06% of their portfolio. 203,465 are held by Ls Invest Lc. Proshare Advsrs Limited Liability Corporation holds 0.43% or 1.19M shares in its portfolio. Amica Pension Fund Board Of Trustees owns 44,088 shares for 0.33% of their portfolio.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “A Safe Dividend Makes Verizon Communications Inc. Stock a Safe Bet” on June 19, 2018, also Seekingalpha.com with their article: “Qualcomm: China Boost” published on May 29, 2018, Nasdaq.com published: “9 Augmented Reality Stocks to Enhance Your Portfolio” on June 06, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Friday Apple Rumors: 6.1-inch iPhone Render Leaks” published on June 22, 2018 as well as Fool.com‘s news article titled: “Why Qualcomm’s New Snapdragon 850 Is Destined to Fail” with publication date: June 17, 2018.

Since January 9, 2018, it had 0 insider buys, and 9 sales for $7.68 million activity. $618,603 worth of QUALCOMM Incorporated (NASDAQ:QCOM) shares were sold by Rosenberg Donald J. ROGERS ALEXANDER H sold 713 shares worth $48,627. $2.81M worth of stock was sold by GROB MATTHEW S on Tuesday, January 9. THOMPSON JAMES H sold $3.14M worth of stock.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Livetradingnews.com which released: “Facebook, Inc. (NASDAQ:FB) stock hits record high” on June 21, 2018, also Livetradingnews.com with their article: “Facebook, Inc. (NASDAQ:FB) Is it Time to Short Facebook?” published on June 22, 2018, Nasdaq.com published: “Facebook Stock Will Continue to Shrug Off Data Privacy Concerns” on June 05, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Thestreet.com and their article: “Facebook Messenger Could Bring in Billions of Dollars — Here’s How” published on June 20, 2018 as well as Nasdaq.com‘s news article titled: “AT&T Faces Uphill Battle of Branded Content vs. Technology” with publication date: June 21, 2018.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.34, from 1.21 in 2017Q4. It dropped, as 145 investors sold FB shares while 712 reduced holdings. 173 funds opened positions while 573 raised stakes. 1.65 billion shares or 2.41% more from 1.61 billion shares in 2017Q4 were reported. Guggenheim Cap Ltd Llc reported 0.56% in Facebook, Inc. (NASDAQ:FB). Atlas Browninc invested in 4,512 shares. Kingdon Limited stated it has 0.21% of its portfolio in Facebook, Inc. (NASDAQ:FB). Atlantic Group Ltd Liability holds 0.57% in Facebook, Inc. (NASDAQ:FB) or 817,971 shares. Dimensional Fund Advsr LP reported 0.32% in Facebook, Inc. (NASDAQ:FB). 45,518 were reported by Arrow Fincl. Royal Savings Bank Of Canada stated it has 0.62% in Facebook, Inc. (NASDAQ:FB). Highstreet Asset Management has 0.34% invested in Facebook, Inc. (NASDAQ:FB) for 32,901 shares. Aperio Gp Ltd Liability Co owns 1.24 million shares. Amp Cap Invsts stated it has 1.46 million shares or 1.27% of all its holdings. Falcon Edge Cap LP has invested 4.41% in Facebook, Inc. (NASDAQ:FB). Rudman Errol M holds 15,000 shares. Condor Mgmt accumulated 25,637 shares or 0.89% of the stock. Thompson Davis And Company has invested 0.63% in Facebook, Inc. (NASDAQ:FB). Eulav Asset Mgmt has 1.25% invested in Facebook, Inc. (NASDAQ:FB) for 164,000 shares.

Country Trust Bank, which manages about $2.10 billion US Long portfolio, decreased its stake in Biogen Inc. Common (NASDAQ:BIIB) by 10,599 shares to 97,989 shares, valued at $26.83 million in 2018Q1, according to the filing. It also reduced its holding in Ishares Russell 2000 Etf (IWM) by 14,457 shares in the quarter, leaving it with 114,705 shares, and cut its stake in Fedex Corporation (NYSE:FDX).

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 274 analyst reports since July 21, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained the stock with “Buy” rating in Friday, July 21 report. On Friday, September 1 the stock rating was maintained by Robert W. Baird with “Buy”. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Piper Jaffray on Wednesday, October 11. SunTrust maintained Facebook, Inc. (NASDAQ:FB) on Thursday, March 29 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, January 28. Pivotal Research downgraded Facebook, Inc. (NASDAQ:FB) on Monday, July 31 to “Sell” rating. JP Morgan maintained the stock with “Overweight” rating in Thursday, April 28 report. The company was maintained on Monday, April 9 by KeyBanc Capital Markets. On Friday, November 6 the stock rating was maintained by Argus Research with “Buy”. The company was initiated on Tuesday, September 8 by Moffett Nathanson.

Since January 9, 2018, it had 0 insider purchases, and 74 selling transactions for $3.37 billion activity. 457,000 Facebook, Inc. (NASDAQ:FB) shares with value of $83.74M were sold by Zuckerberg Mark. $144,413 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin. Another trade for 10,000 shares valued at $2.00M was sold by Wehner David M.. On Friday, January 26 FISCHER DAVID B. sold $1.05M worth of Facebook, Inc. (NASDAQ:FB) or 5,587 shares. 1.26 million shares valued at $231.84M were sold by Koum Jan on Monday, May 14. Schroepfer Michael Todd also sold $6.64M worth of Facebook, Inc. (NASDAQ:FB) shares.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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