Kinder Morgan, Inc. (NYSE:KMI)
Bank of Montreal Can raised its stake in shares of QUALCOMM, Inc. The hedge fund held 156,453 shares of the radio and television broadcasting and communications equipment company at the end of 2016Q4, valued at $10.20M, up from 98,568 at the end of the previous reported quarter. Edmond DE Rothschild Monaco bought a new stake in QUALCOMM during the third quarter worth $112,000.
Uranium Resources, Inc. (URRE) declined -0.65% and its total traded volume was 0.17 million shares contrast to the average volume of 0.92 million shares. The business’s quarterly revenue was up 8.1% on a year-over-year basis. Finally, Tufton Capital Management boosted its position in shares of QUALCOMM by 1.3% in the third quarter. The stock was sold at an average price of $52.53, for a total value of $1,313,250.00. The stock increased 1.37% or $0.76 during the last trading session, reaching $56.12.
Retirement Systems Of Alabama increased its stake in Qualcomm Inc (QCOM) by 20.07% based on its latest 2016Q4 regulatory filing with the SEC. The overall volume in the last trading session was 2.11 million shares, versus the average volume of 4.11 million shares. Capital World Investors now owns 11,400,000 shares of the wireless technology company’s stock worth $780,900,000 after buying an additional 4,150,000 shares during the period. QUALCOMM, Inc. QUALCOMM also was the target of some unusual options trading activity on Friday. Traders purchased 51,480 call options on the company.
While trading at volume below than average, New Residential Investment Corp. Analysts have a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). The firm had revenue of $5.99 billion for the quarter, compared to the consensus estimate of $5.86 billion. (NASDAQ:QCOM). State Of Wisconsin Inv Board holds 0.39% or 1.38 million shares in its portfolio. Looking further, Kinder Morgan, Inc. has a Gross Margin score of 12.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 21st. This is an increase from QUALCOMM’s previous quarterly dividend of $0.53. First Tru Advisors Ltd Partnership has invested 0.45% in QUALCOMM, Inc. In the liquidity ratio analysis; current ratio was 1.70 while debt to equity ratio was 0.38.
WARNING: This piece was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States & worldwide copyright & trademark legislation. The correct version of this piece can be read at https://www.chaffeybreeze.com/2017/05/20/bank-of-montreal-can-raises-stake-in-qualcomm-inc-qcom-updated-updated.html. Finally, Canaccord Genuity reissued a “buy” rating and issued a $76.00 target price on shares of QUALCOMM in a research report on Wednesday, March 8th. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. Cowen and Company cut their target price on shares of QUALCOMM to $73.00 in a research report on Thursday, January 26th. 10,701 shares were sold by Rosenberg Donald J, worth $588,767 on Thursday, May 11.
The target price for QUALCOMM Incorporated (QCOM) is $60.72/share according to the consensus of analysts working on the stock, with an expected EPS of $0.81/share for the current quarter. The average analysts gave this company a mean recommendation of 2.00. Evercore downgraded the stock to “Hold” rating in Friday, July 1 report. Also, Director Ann M. Livermore acquired 9,000 shares of the stock in a transaction dated Thursday, May 11th. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
The Stock now has a consensus recommendation of 2.20. The ROIC 5 year average is 0.079256 and the ROIC Quality ratio is 4.248626. Vanguard Group Inc. now owns 101,946,927 shares of the wireless technology company’s stock worth $5,845,637,000 after buying an additional 2,237,292 shares during the period.
Crednology Holding Corporation is a holding company.
QUALCOMM Incorporated (QCOM) belongs to the “Technology” sector with an industry focus on “Communication Equipment”, with Dr. Paul E. Jacobs Ph.D.as Exec. Chairman.