Petersen Flynn & Dinsmore Lowered By $7.48 Million Its Qualcomm (QCOM) Stake; Comcast (CMCSA) Had 24 Analysts Last Week

May 24, 2018 - By Darrin Black

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Among 32 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 7 Hold. Therefore 75% are positive. Comcast Corporation had 84 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, June 27 by Nomura. Telsey Advisory Group maintained the shares of CMCSA in report on Friday, August 19 with “Outperform” rating. The firm has “Buy” rating by SunTrust given on Wednesday, January 24. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Outperform” rating given on Monday, July 27 by RBC Capital Markets. Robert W. Baird maintained it with “Buy” rating and $43.0 target in Friday, November 17 report. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 7. Jefferies maintained Comcast Corporation (NASDAQ:CMCSA) on Thursday, January 25 with “Buy” rating. The rating was maintained by RBC Capital Markets on Thursday, April 28 with “Outperform”. The firm earned “Buy” rating on Monday, October 23 by Wells Fargo. The company was maintained on Thursday, July 6 by Jefferies. See Comcast Corporation (NASDAQ:CMCSA) latest ratings:

16/05/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $38.0000 Initiate
20/04/2018 Broker: Scotia Capital Rating: Buy New Target: $46.0000 Maintain
27/03/2018 Broker: Cowen & Co Rating: Market Perform New Target: $39 Initiates Coverage On
22/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $49 New Target: $47 Maintain
28/02/2018 Broker: Macquarie Research Old Rating: Outperform New Rating: Neutral Downgrade
30/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $48.0 Maintain
26/01/2018 Broker: Guggenheim Rating: Buy New Target: $46.0 Maintain
25/01/2018 Broker: Robert W. Baird Rating: Buy New Target: $44.0 Maintain
25/01/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $50 New Target: $54 Maintain
25/01/2018 Broker: Wells Fargo Rating: Outperform Old Target: $49 New Target: $50 Maintain

Petersen Flynn & Dinsmore Inc decreased Qualcomm Inc (QCOM) stake by 95.46% reported in 2017Q4 SEC filing. Petersen Flynn & Dinsmore Inc sold 116,937 shares as Qualcomm Inc (QCOM)’s stock declined 15.28%. The Petersen Flynn & Dinsmore Inc holds 5,560 shares with $356,000 value, down from 122,497 last quarter. Qualcomm Inc now has $87.59 billion valuation. The stock increased 0.44% or $0.26 during the last trading session, reaching $59.08. About 11.65M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 24, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Investors sentiment decreased to 0.83 in 2017 Q4. Its down 0.02, from 0.85 in 2017Q3. It dived, as 89 investors sold QCOM shares while 518 reduced holdings. 160 funds opened positions while 346 raised stakes. 1.11 billion shares or 0.73% more from 1.10 billion shares in 2017Q3 were reported. Manchester Capital Ltd Llc reported 26,908 shares. Legacy Private invested in 0.03% or 4,300 shares. Washington Trust Bank reported 112,347 shares. Factory Mutual Co accumulated 0.78% or 1.17 million shares. Institute For Wealth Management Lc has 0.41% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 27,528 shares. Schwartz Invest Counsel reported 0.04% stake. Bennicas And Associates Incorporated reported 12,525 shares. Tci Wealth reported 0.22% stake. Lmr Prtnrs Llp invested 0.24% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Marathon Trading Invest Mgmt Llc invested 0.04% in QUALCOMM Incorporated (NASDAQ:QCOM). Apriem Advsrs holds 0.1% or 6,574 shares in its portfolio. Moreover, Caprock Grp Inc Inc has 0.3% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 23,724 shares. Loudon Invest Mngmt Limited Liability Corp holds 1.25% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 25,752 shares. Dowling And Yahnke Llc holds 163,525 shares or 0.95% of its portfolio. Stonebridge Cap Mgmt reported 1.99% stake.

Petersen Flynn & Dinsmore Inc increased Monmouth Real Estate Invt Co (NYSE:MNR) stake by 31,150 shares to 274,955 valued at $4.89M in 2017Q4. It also upped Ligand Pharmaceuticals Inc (NASDAQ:LGND) stake by 4,681 shares and now owns 76,094 shares. Disney Walt Co (NYSE:DIS) was raised too.

Since January 9, 2018, it had 0 buys, and 8 sales for $7.62 million activity. GROB MATTHEW S sold $2.81 million worth of stock. ROGERS ALEXANDER H had sold 713 shares worth $48,627 on Monday, January 29. $852,989 worth of stock was sold by AMON CRISTIANO R on Tuesday, May 8. THOMPSON JAMES H sold 50,126 shares worth $3.14M. $618,603 worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by Rosenberg Donald J.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Seekingalpha.com which released: “Bloomberg: Qualcomm will unveil AR/VR chipset next week” on May 23, 2018, also Fool.com with their article: “Samsung Is Making Its Move Against Qualcomm” published on May 21, 2018, Nasdaq.com published: “China Eases the Pressure on Qualcomm’s NXP Deal” on May 15, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: “Beijing Approves Microchip Deal, Boding Well For Qualcomm-NXP” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Qualcomm: Path To Higher Profits” with publication date: May 02, 2018.

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 firm earned “Hold” rating on Tuesday, February 13 by Charter Equity. The company was maintained on Monday, June 26 by Canaccord Genuity. The firm has “Neutral” rating given on Thursday, July 21 by Mizuho. As per Monday, January 29, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Friday, September 29. RBC Capital Markets has “Hold” rating and $55.0 target. The firm has “Hold” rating by Raymond James given on Thursday, July 20. The firm earned “Hold” rating on Monday, November 20 by BMO Capital Markets. The company was maintained on Wednesday, July 19 by Oppenheimer. The firm has “Outperform” rating by Cowen & Co given on Thursday, November 5. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by RBC Capital Markets on Friday, April 13.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on July, 18. They expect $0.58 earnings per share, down 17.14% or $0.12 from last year’s $0.7 per share. QCOM’s profit will be $859.92M for 25.47 P/E if the $0.58 EPS becomes a reality. After $0.67 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -13.43% negative EPS growth.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Seekingalpha.com which released: “Netflix worth more than Comcast, eyes Disney” on May 24, 2018, also Bizjournals.com with their article: “By Jim Carchidi – Photojournalist, Orlando Business Journal” published on May 23, 2018, Nasdaq.com published: “Consumer Satisfaction With Cable, Internet Service Providers Drops Again” on May 24, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Investorplace.com and their article: “Comcast Xfinity Website Bug Leaked Customer Data” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Comcast: Near all-cash offer for parts of Fox” with publication date: May 23, 2018.

Since December 14, 2017, it had 0 insider buys, and 11 sales for $62.58 million activity. The insider BLOCK ARTHUR R sold 2,471 shares worth $87,968. The insider ROBERTS BRIAN L sold $22.57M. $67,320 worth of Comcast Corporation (NASDAQ:CMCSA) shares were sold by Murdock Daniel C.. 190,756 Comcast Corporation (NASDAQ:CMCSA) shares with value of $8.11 million were sold by BURKE STEPHEN B. 131,447 shares were sold by WATSON DAVID N, worth $4.84 million on Tuesday, March 6.

Comcast Corporation operates as a media and technology firm worldwide. The company has market cap of $145.55 billion. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks divisions. It has a 6.66 P/E ratio. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business clients under the XFINITY brand.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.10, from 1.03 in 2017Q3. It worsened, as 75 investors sold Comcast Corporation shares while 544 reduced holdings. 122 funds opened positions while 455 raised stakes. 3.66 billion shares or 0.28% more from 3.65 billion shares in 2017Q3 were reported. Sandy Spring Commercial Bank owns 0.09% invested in Comcast Corporation (NASDAQ:CMCSA) for 24,756 shares. Quantitative Systematic Strategies Ltd stated it has 0.16% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Stephens Ar stated it has 0.28% in Comcast Corporation (NASDAQ:CMCSA). Bluemountain Cap Ltd Company holds 21,585 shares or 0.02% of its portfolio. 715,037 were reported by Clarivest Asset Ltd. 57.63M were reported by Jpmorgan Chase And. Virginia Retirement Systems Et Al owns 1.58M shares. Criterion Cap Limited Liability holds 2.37% in Comcast Corporation (NASDAQ:CMCSA) or 984,997 shares. Sumitomo Mitsui Trust Incorporated reported 0.76% in Comcast Corporation (NASDAQ:CMCSA). Klingenstein Fields Ltd Co owns 2.2% invested in Comcast Corporation (NASDAQ:CMCSA) for 1.49 million shares. Kames Cap Plc holds 1.19% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 1.17 million shares. Mirae Asset Glob Investments Limited reported 979,002 shares. 9,317 were reported by Alpha Windward Ltd Limited Liability Company. Capital Planning Ltd Liability Company holds 0.54% in Comcast Corporation (NASDAQ:CMCSA) or 38,610 shares. Origin Asset Mgmt Llp has 294,971 shares.

The stock decreased 0.78% or $0.25 during the last trading session, reaching $31.63. About 22.16 million shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since May 24, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Comcast Corporation (NASDAQ:CMCSA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: