As Qualcomm (QCOM) Valuation Rose, Exane Derivatives Lifted Its Stake by $692,937; Verizon Communications (VZ) Shareholder Cape Cod Five Cents Savings Bank Lowered Position as Stock Value Declined

February 19, 2018 - By reb123z

Cape Cod Five Cents Savings Bank decreased its stake in Verizon Communications Inc (VZ) by 13.86% based on its latest 2017Q3 regulatory filing with the SEC. Cape Cod Five Cents Savings Bank sold 19,579 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 121,728 shares of the telecommunications equipment company at the end of 2017Q3, valued at $6.02M, down from 141,307 at the end of the previous reported quarter. Cape Cod Five Cents Savings Bank who had been investing in Verizon Communications Inc for a number of months, seems to be less bullish one the $204.56B market cap company. The stock increased 0.82% or $0.41 during the last trading session, reaching $50.15. About 12.26 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since February 19, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Exane Derivatives increased its stake in Qualcomm (QCOM) by 1523.21% based on its latest 2017Q3 regulatory filing with the SEC. Exane Derivatives bought 13,587 shares as the company’s stock rose 2.14% with the market. The institutional investor held 14,479 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $750,000, up from 892 at the end of the previous reported quarter. Exane Derivatives who had been investing in Qualcomm for a number of months, seems to be bullish on the $96.00 billion market cap company. The stock decreased 0.66% or $0.43 during the last trading session, reaching $64.85. About 11.76 million shares traded or 8.50% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since February 19, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

Among 28 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 21 Hold. Therefore 25% are positive. Verizon Communications Inc. had 74 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by Zacks on Monday, September 7 to “Hold”. The firm has “Sector Outperform” rating given on Monday, January 22 by Howard Weil. Raymond James downgraded the shares of VZ in report on Wednesday, January 25 to “Mkt Perform” rating. Cowen & Co maintained Verizon Communications Inc. (NYSE:VZ) rating on Friday, July 28. Cowen & Co has “Hold” rating and $5200 target. As per Thursday, February 4, the company rating was initiated by DA Davidson. The company was maintained on Friday, July 7 by RBC Capital Markets. SunTrust maintained the shares of VZ in report on Wednesday, December 6 with “Hold” rating. As per Tuesday, August 11, the company rating was upgraded by MoffettNathanson. Wells Fargo downgraded the shares of VZ in report on Monday, January 23 to “Market Perform” rating. The firm earned “Hold” rating on Thursday, June 15 by Macquarie Research.

Cape Cod Five Cents Savings Bank, which manages about $647.73M US Long portfolio, upped its stake in Bank Of The Ozarks (NASDAQ:OZRK) by 6,816 shares to 26,173 shares, valued at $1.26M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (FLOT) by 36,197 shares in the quarter, for a total of 67,283 shares, and has risen its stake in Visa Inc (NYSE:V).

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported. South State owns 171,088 shares for 0.95% of their portfolio. Deutsche Financial Bank Ag owns 23.28 million shares for 0.79% of their portfolio. Pennsylvania-based Dt Inv Prtn Limited Liability Corporation has invested 0.55% in Verizon Communications Inc. (NYSE:VZ). De Burlo Inc accumulated 33,718 shares. Birmingham Cap Inc Al has invested 0.44% in Verizon Communications Inc. (NYSE:VZ). C M Bidwell And Associate stated it has 0.27% in Verizon Communications Inc. (NYSE:VZ). United Kingdom-based Ahl Partners Llp has invested 0.01% in Verizon Communications Inc. (NYSE:VZ). Tctc Holdg Ltd Liability Com holds 27,547 shares. Appleton Prtn Inc Ma stated it has 113,897 shares or 0.95% of all its holdings. Moreover, M&T State Bank has 0.35% invested in Verizon Communications Inc. (NYSE:VZ). Palisade Management Lc Nj stated it has 51,100 shares. Wells Fargo And Com Mn owns 29.81M shares. Bryn Mawr Tru stated it has 418,387 shares or 1.18% of all its holdings. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.1% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 47,891 shares. Moors Cabot reported 1.4% of its portfolio in Verizon Communications Inc. (NYSE:VZ).

Since August 28, 2017, it had 0 insider purchases, and 4 insider sales for $436,322 activity. The insider SILLIMAN CRAIG L. sold 610 shares worth $29,677.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.13, from 0.98 in 2017Q2. It turned 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. First Long Island Ltd Liability Com reported 292,238 shares or 2.2% of all its holdings. Summit Securities Lc holds 7,400 shares. Rafferty Asset Management Ltd Liability Company reported 380,232 shares stake. Country Commercial Bank holds 0.84% or 356,224 shares in its portfolio. Canada Pension Plan Investment Board has 2.98M shares for 0.32% of their portfolio. State Bank Of Montreal Can has invested 0.09% in QUALCOMM Incorporated (NASDAQ:QCOM). Johnson Inv Counsel stated it has 0.03% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Piedmont Inv Advsrs Ltd Limited Liability Company owns 319,056 shares. Hyman Charles D holds 4,166 shares. Tru Investment Limited Liability has 66,760 shares. Monroe Comml Bank & Tru Mi holds 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 300 shares. Voya Investment Management Limited Liability Corp has 1.50M shares. Brighton Jones Lc holds 6,102 shares. Douglass Winthrop Advsr Limited Liability Corp has invested 0.01% in QUALCOMM Incorporated (NASDAQ:QCOM). 81,835 were accumulated by Petrus Communications Lta.

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 19 Hold. Therefore 44% are positive. Qualcomm Inc. had 132 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Hold” rating by Bernstein on Thursday, November 2. On Wednesday, August 19 the stock rating was upgraded by Vetr to “Buy”. Cowen & Co maintained the shares of QCOM in report on Friday, February 12 with “Outperform” rating. Raymond James maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, July 20 with “Hold” rating. Nomura upgraded QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, October 31 to “Buy” rating. Pacific Crest initiated it with “Overweight” rating and $64 target in Friday, December 4 report. Northland Capital maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, November 5. Northland Capital has “Market Perform” rating and $62.50 target. RBC Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, November 14 with “Buy” rating. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, October 3. The stock has “Neutral” rating by Nomura on Monday, January 23.

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