Qualcomm (QCOM) Share Price Rose While Bbva Compass Bancshares Has Lowered Its Position by $680,185; Sand Hill Global Advisors Lifted Holding in Costco Whsl New (COST) by $300,192

December 20, 2017 - By Richard Conner

Bbva Compass Bancshares Inc decreased its stake in Qualcomm Inc (QCOM) by 8.35% based on its latest 2017Q2 regulatory filing with the SEC. Bbva Compass Bancshares Inc sold 12,367 shares as the company’s stock rose 2.14% with the market. The institutional investor held 135,660 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q2, valued at $7.49M, down from 148,027 at the end of the previous reported quarter. Bbva Compass Bancshares Inc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $95.23 billion market cap company. The stock increased 0.16% or $0.1 during the last trading session, reaching $64.6. About 6.03M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since December 20, 2016 and is uptrending. It has underperformed by 7.39% the S&P500.

Sand Hill Global Advisors Llc increased its stake in Costco Whsl Corp New (COST) by 74.68% based on its latest 2017Q2 regulatory filing with the SEC. Sand Hill Global Advisors Llc bought 1,888 shares as the company’s stock rose 1.54% with the market. The institutional investor held 4,416 shares of the department and specialty retail stores company at the end of 2017Q2, valued at $706,000, up from 2,528 at the end of the previous reported quarter. Sand Hill Global Advisors Llc who had been investing in Costco Whsl Corp New for a number of months, seems to be bullish on the $82.35B market cap company. The stock decreased 0.44% or $0.82 during the last trading session, reaching $187.51. About 3.62 million shares traded or 9.85% up from the average. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since December 20, 2016 and is uptrending. It has outperformed by 8.44% the S&P500.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on January, 24. They expect $0.77 earnings per share, down 27.36% or $0.29 from last year’s $1.06 per share. QCOM’s profit will be $1.14B for 20.97 P/E if the $0.77 EPS becomes a reality. After $0.82 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -6.10% negative EPS growth.

Bbva Compass Bancshares Inc, which manages about $1.52 billion US Long portfolio, upped its stake in Berkshire Hathaway Inc (BRKB) by 5,221 shares to 46,329 shares, valued at $7.85 million in 2017Q2, according to the filing. It also increased its holding in Vanguard Intermediate (BIV) by 8,595 shares in the quarter, for a total of 48,183 shares, and has risen its stake in Verizon Communications (NYSE:VZ).

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.05, from 1.03 in 2017Q1. It dived, as 89 investors sold QCOM shares while 481 reduced holdings. 107 funds opened positions while 451 raised stakes. 1.11 billion shares or 0.00% more from 1.11 billion shares in 2017Q1 were reported. Cohen Klingenstein Ltd stated it has 0.34% in QUALCOMM Incorporated (NASDAQ:QCOM). Guardian Life Insur Com Of America reported 3,342 shares. Primecap Company Ca stated it has 0.74% in QUALCOMM Incorporated (NASDAQ:QCOM). Van Strum And Towne owns 11,952 shares. First Business Financial Serv reported 9,544 shares. Weatherly Asset Management LP has invested 0.98% in QUALCOMM Incorporated (NASDAQ:QCOM). Liberty Mutual Asset invested 0.21% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). State Of Wisconsin Board reported 1.45M shares. Fdx Advsr stated it has 74,306 shares. Usca Ria Lc owns 182,286 shares. Invesco Limited, Georgia-based fund reported 22.13M shares. Intl Group invested 0.14% in QUALCOMM Incorporated (NASDAQ:QCOM). Peddock Cap Ltd Com holds 1,382 shares. Stock Yards Bankshares And has 38,831 shares. Goldman Sachs Gp accumulated 9.72 million shares or 0.14% of the stock.

Since August 20, 2017, it had 0 buys, and 4 sales for $303,257 activity. STERLING MICHELLE M sold $245,919 worth of stock or 4,740 shares.

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 1 Sell and 20 Hold. Therefore 42% are positive. Qualcomm Inc. had 122 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Overweight” rating by JP Morgan on Thursday, December 17. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Neutral” rating given on Monday, January 23 by Nomura. As per Thursday, July 23, the company rating was maintained by Stifel Nicolaus. The firm has “Hold” rating by BMO Capital Markets given on Monday, November 20. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, November 1. The company was maintained on Thursday, August 24 by Stifel Nicolaus. The firm has “Hold” rating given on Monday, July 10 by BMO Capital Markets. The rating was maintained by Northland Capital on Friday, June 23 with “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, November 14 report. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, November 5.

Sand Hill Global Advisors Llc, which manages about $1.31B and $877.90 million US Long portfolio, decreased its stake in Amazon Com Inc (NASDAQ:AMZN) by 357 shares to 9,548 shares, valued at $9.24M in 2017Q2, according to the filing. It also reduced its holding in Ishares Tr (IWF) by 2,609 shares in the quarter, leaving it with 7,958 shares, and cut its stake in Ishares Tr (IJH).

Investors sentiment increased to 1.28 in Q2 2017. Its up 0.40, from 0.88 in 2017Q1. It increased, as 64 investors sold COST shares while 376 reduced holdings. 123 funds opened positions while 438 raised stakes. 311.53 million shares or 2.27% less from 318.75 million shares in 2017Q1 were reported. 15,000 were reported by Nj State Employees Deferred Compensation Plan. 141,300 are held by Evercore Wealth Management Limited. Bbva Compass Bankshares invested 0.22% in Costco Wholesale Corporation (NASDAQ:COST). Homrich And Berg invested in 1,599 shares. 13,478 are owned by Johnson Counsel Inc. Swedbank has invested 0.77% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Advisor Ltd Com holds 0.4% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 10,546 shares. Saturna Capital Corporation holds 0.03% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 6,286 shares. 2,750 were reported by Birmingham Capital Mngmt Al. Brighton Jones Ltd Llc has invested 0.1% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Boston Private Wealth Limited Liability Corporation holds 0.22% in Costco Wholesale Corporation (NASDAQ:COST) or 35,595 shares. Mark Sheptoff Fincl Planning Lc reported 3,000 shares stake. Guardian Life Ins Of America reported 0.02% stake. Calamos Wealth Mgmt Limited Liability Corp invested 0.1% in Costco Wholesale Corporation (NASDAQ:COST). Mason Street Advsr Ltd holds 60,872 shares.

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