Adell Harriman & Carpenter Has Lifted By $123.17 Million Its Invesco LTD (IVZ) Holding; Citizens & Northern Has Lowered Qualcomm (QCOM) Stake

November 15, 2017 - By Adrian Erickson

Adell Harriman & Carpenter Inc increased Invesco Ltd (IVZ) stake by 7.97% reported in 2017Q2 SEC filing. Adell Harriman & Carpenter Inc acquired 3,500 shares as Invesco Ltd (IVZ)’s stock declined 2.83%. The Adell Harriman & Carpenter Inc holds 47,400 shares with $1.67B value, up from 43,900 last quarter. Invesco Ltd now has $13.87 billion valuation. The stock declined 1.13% or $0.39 reaching $34.08 on the news. About 9,950 shares traded. Invesco Ltd. (NYSE:IVZ) has risen 9.83% since November 15, 2016 and is uptrending. It has underperformed by 6.87% the S&P500.

Citizens & Northern Corp decreased Qualcomm Inc (QCOM) stake by 20.06% reported in 2017Q2 SEC filing. Citizens & Northern Corp sold 5,946 shares as Qualcomm Inc (QCOM)’s stock rose 2.14%. The Citizens & Northern Corp holds 23,694 shares with $1.31 million value, down from 29,640 last quarter. Qualcomm Inc now has $96.97B valuation. The stock declined 0.33% or $0.22 reaching $65.78 per share. About 80,528 shares traded. QUALCOMM, Inc. (NASDAQ:QCOM) has risen 9.31% since November 15, 2016 and is uptrending. It has underperformed by 7.39% the S&P500.

Since May 20, 2017, it had 0 insider purchases, and 3 insider sales for $1.63 million activity. 5,509 shares were sold by STERLING MICHELLE M, worth $325,654. ROGERS ALEXANDER H sold $26,922 worth of stock or 470 shares. The insider ABERLE DEREK K sold $1.28 million.

Investors sentiment decreased to 0.98 in 2017 Q2. Its down 0.05, from 1.03 in 2017Q1. It is negative, 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. Duncker Streett Com stated it has 41,868 shares or 0.72% of all its holdings. Kbc Grp Inc Nv stated it has 0.09% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM). Hills Commercial Bank And Tru has 0.45% invested in QUALCOMM, Inc. (NASDAQ:QCOM). Trust Department Mb Financial Bank N A invested 0.01% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM). Moreover, Tdam Usa Inc has 0.69% invested in QUALCOMM, Inc. (NASDAQ:QCOM). North Carolina-based Triangle Secs Wealth Management has invested 0.39% in QUALCOMM, Inc. (NASDAQ:QCOM). Beech Hill Advisors has 2.86% invested in QUALCOMM, Inc. (NASDAQ:QCOM). Shoker Inv Counsel holds 0.69% in QUALCOMM, Inc. (NASDAQ:QCOM) or 15,914 shares. Pinnacle Advisory Grp Inc holds 0.03% or 7,690 shares. Cohen Klingenstein Limited Com has invested 0.34% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM). Interocean Capital Ltd Liability holds 1.08% or 119,098 shares in its portfolio. Legacy Cap Prtnrs Incorporated has 1.18% invested in QUALCOMM, Inc. (NASDAQ:QCOM) for 39,420 shares. 45,300 are held by Btim. Jackson Wealth Mgmt Limited holds 0.71% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM) for 41,880 shares. Orrstown Fincl Serv owns 911 shares.

Analysts await QUALCOMM, Inc. (NASDAQ:QCOM) to report earnings on January, 24. They expect $0.77 EPS, down 27.36% or $0.29 from last year’s $1.06 per share. QCOM’s profit will be $1.14 billion for 21.36 P/E if the $0.77 EPS becomes a reality. After $0.82 actual EPS reported by QUALCOMM, Inc. for the previous quarter, Wall Street now forecasts -6.10% negative EPS growth.

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 19 Hold. Therefore 44% are positive. Qualcomm Inc. had 120 analyst reports since July 23, 2015 according to SRatingsIntel. Canaccord Genuity maintained QUALCOMM, Inc. (NASDAQ:QCOM) rating on Monday, June 26. Canaccord Genuity has “Buy” rating and $7000 target. The stock of QUALCOMM, Inc. (NASDAQ:QCOM) has “Outperform” rating given on Wednesday, November 8 by RBC Capital Markets. The rating was upgraded by Nomura to “Buy” on Monday, October 31. Stifel Nicolaus maintained the shares of QCOM in report on Wednesday, June 28 with “Buy” rating. The stock has “Neutral” rating by Nomura on Monday, January 23. The firm has “Positive” rating given on Wednesday, January 13 by Susquehanna. The firm has “Buy” rating given on Thursday, January 26 by Stifel Nicolaus. The firm has “Mkt Perform” rating by Charter Equity given on Tuesday, January 24. The rating was maintained by Cowen & Co on Friday, February 12 with “Outperform”. On Thursday, July 21 the stock rating was maintained by Cowen & Co with “Outperform”.

Among 14 analysts covering Invesco (NYSE:IVZ), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Invesco had 67 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Buy” rating and $3600 target in Monday, May 29 report. The company was maintained on Friday, July 31 by Deutsche Bank. Jefferies maintained it with “Buy” rating and $42.0 target in Friday, November 3 report. The rating was maintained by Deutsche Bank with “Buy” on Friday, September 18. The stock of Invesco Ltd. (NYSE:IVZ) has “Outperform” rating given on Friday, June 30 by RBC Capital Markets. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, July 27. Jefferies maintained the shares of IVZ in report on Monday, July 11 with “Buy” rating. Barclays Capital initiated the shares of IVZ in report on Friday, September 8 with “Overweight” rating. The firm has “Buy” rating by Citigroup given on Monday, June 5. UBS downgraded the shares of IVZ in report on Thursday, June 2 to “Neutral” rating.

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.

>