Hartford Investment Management Co Has Cut Qualcomm (QCOM) Position; Rainier Investment Management Has Lowered E Trade Financial (ETFC) Position

January 14, 2018 - By Marguerite Chambers

Hartford Investment Management Co decreased Qualcomm Inc (QCOM) stake by 1.87% reported in 2017Q3 SEC filing. Hartford Investment Management Co sold 7,309 shares as Qualcomm Inc (QCOM)’s stock rose 2.14%. The Hartford Investment Management Co holds 383,107 shares with $19.86 million value, down from 390,416 last quarter. Qualcomm Inc now has $96.81 billion valuation. The stock decreased 0.08% or $0.05 during the last trading session, reaching $65.38. About 5.01M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since January 14, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

Rainier Investment Management Llc decreased E Trade Financial Corp (ETFC) stake by 15.59% reported in 2017Q3 SEC filing. Rainier Investment Management Llc sold 19,210 shares as E Trade Financial Corp (ETFC)’s stock declined 8.39%. The Rainier Investment Management Llc holds 104,010 shares with $4.54M value, down from 123,220 last quarter. E Trade Financial Corp now has $14.37 billion valuation. The stock increased 1.85% or $0.98 during the last trading session, reaching $53.94. About 1.67 million shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has risen 29.03% since January 14, 2017 and is uptrending. It has outperformed by 12.33% the S&P500.

Since August 20, 2017, it had 0 insider purchases, and 5 sales for $3.11 million activity. GROB MATTHEW S also sold $2.81 million worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, January 9. The insider ROGERS ALEXANDER H sold $19,860. Shares for $245,919 were sold by STERLING MICHELLE M on Sunday, August 20.

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 21.23 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.

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.13, from 0.98 in 2017Q2. It is negative, as 83 investors sold QCOM shares while 490 reduced holdings. 89 funds opened positions while 397 raised stakes. 1.10 billion shares or 0.88% less from 1.11 billion shares in 2017Q2 were reported. Andra Ap owns 49,300 shares. Hudock Capital Gp Ltd Liability Co has invested 0.01% in QUALCOMM Incorporated (NASDAQ:QCOM). Qualcomm De reported 734,830 shares. Snow Mgmt Ltd Partnership reported 818,001 shares. Ifc Inc Fl holds 0.05% or 14,214 shares in its portfolio. American Natl Ins Communication Tx invested in 0.26% or 94,882 shares. Balyasny Asset Management Lc has invested 0.01% in QUALCOMM Incorporated (NASDAQ:QCOM). Guinness Asset Mngmt reported 37,290 shares. Webster Bank N A invested 0.33% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Goelzer Invest Management has 198,277 shares. Becker Cap Incorporated holds 1.3% or 729,400 shares in its portfolio. Moreover, Stock Yards Natl Bank Tru has 0.25% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Bnp Paribas Arbitrage invested 0.19% in QUALCOMM Incorporated (NASDAQ:QCOM). Brinker Cap owns 49,274 shares. Macnealy Hoover Mngmt owns 22,956 shares for 0.86% of their portfolio.

Hartford Investment Management Co increased National General Holdings (NASDAQ:NGHC) stake by 64,175 shares to 311,369 valued at $5.95 million in 2017Q3. It also upped Micron Technology Inc (NASDAQ:MU) stake by 14,795 shares and now owns 239,717 shares. Spectrum Brands Holdings (NYSE:SPB) was raised too.

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 of QUALCOMM Incorporated (NASDAQ:QCOM) has “Outperform” rating given on Wednesday, November 8 by RBC Capital Markets. RBC Capital Markets maintained the shares of QCOM in report on Thursday, August 24 with “Hold” rating. On Monday, November 6 the stock rating was downgraded by Standpoint Research to “Hold”. The company was maintained on Thursday, November 5 by Canaccord Genuity. Mizuho maintained the shares of QCOM in report on Thursday, January 14 with “Neutral” rating. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Neutral” rating by JP Morgan on Tuesday, September 8. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Outperform” rating given on Friday, January 22 by Northland Capital. On Thursday, June 15 the stock rating was maintained by Susquehanna with “Buy”. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Overweight” rating by JP Morgan on Monday, May 22. The firm earned “Outperform” rating on Thursday, November 5 by Cowen & Co.

Analysts await E*TRADE Financial Corporation (NASDAQ:ETFC) to report earnings on January, 25. They expect $0.59 EPS, up 37.21% or $0.16 from last year’s $0.43 per share. ETFC’s profit will be $157.21M for 22.86 P/E if the $0.59 EPS becomes a reality. After $0.55 actual EPS reported by E*TRADE Financial Corporation for the previous quarter, Wall Street now forecasts 7.27% EPS growth.

Among 22 analysts covering E*TRADE (NASDAQ:ETFC), 19 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. E*TRADE had 79 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, May 27 by Deutsche Bank. As per Thursday, June 15, the company rating was maintained by Jefferies. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Hold” rating by Sandler O’Neill on Monday, January 8. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Buy” rating by Nomura on Monday, July 11. The stock has “Overweight” rating by Barclays Capital on Tuesday, October 10. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Buy” rating given on Thursday, June 16 by Deutsche Bank. The firm has “Buy” rating given on Wednesday, July 13 by Buckingham Research. The firm has “Buy” rating by Compass Point given on Friday, July 24. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Overweight” rating by Barclays Capital on Thursday, October 13. On Tuesday, August 9 the stock rating was maintained by Barclays Capital with “Overweight”.

Since August 18, 2017, it had 0 buys, and 5 sales for $2.74 million activity. The insider Roessner Karl A sold 14,898 shares worth $587,066. 33,474 shares were sold by Curcio Michael John, worth $1.35M on Tuesday, September 12. 1,462 shares were sold by LAWSON RODGER A, worth $59,157 on Tuesday, September 12. 9,977 shares were sold by Pizzi Michael A., worth $393,178 on Friday, August 18.

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