Northstar Asset Management Raised Qualcomm (QCOM) Position By $419,200; Safe Bulkers ($0.001 Par Value) (SB) SI Decreased By 7.91%

May 22, 2018 - By Louis Casey

Safe Bulkers, Inc. (NYSE:SB) Logo

Safe Bulkers Inc ($0.001 Par Value) (NYSE:SB) had a decrease of 7.91% in short interest. SB’s SI was 2.26M shares in May as released by FINRA. Its down 7.91% from 2.46M shares previously. With 658,300 avg volume, 3 days are for Safe Bulkers Inc ($0.001 Par Value) (NYSE:SB)’s short sellers to cover SB’s short positions. The SI to Safe Bulkers Inc ($0.001 Par Value)’s float is 4.48%. The stock increased 0.97% or $0.03 during the last trading session, reaching $3.12. About 170,621 shares traded. Safe Bulkers, Inc. (NYSE:SB) has risen 69.31% since May 22, 2017 and is uptrending. It has outperformed by 57.76% the S&P500.

Northstar Asset Management Llc increased Qualcomm Inc (QCOM) stake by 23.6% reported in 2017Q4 SEC filing. Northstar Asset Management Llc acquired 6,550 shares as Qualcomm Inc (QCOM)’s stock declined 15.28%. The Northstar Asset Management Llc holds 34,307 shares with $2.20M value, up from 27,757 last quarter. Qualcomm Inc now has $85.56 billion valuation. The stock increased 0.35% or $0.2 during the last trading session, reaching $57.71. About 12.96M shares traded or 6.63% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 22, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Among 8 analysts covering Safe Bulkers (NYSE:SB), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Safe Bulkers had 28 analyst reports since October 23, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $3.2500 target in Monday, April 23 report. The firm has “Hold” rating by Jefferies given on Monday, July 3. Maxim Group maintained the shares of SB in report on Thursday, February 8 with “Buy” rating. Jefferies maintained the shares of SB in report on Tuesday, May 30 with “Hold” rating. The rating was upgraded by Morgan Stanley on Tuesday, March 28 to “Overweight”. The rating was maintained by Jefferies with “Hold” on Monday, October 16. On Friday, January 20 the stock rating was initiated by Stifel Nicolaus with “Hold”. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, February 15. Credit Suisse downgraded the shares of SB in report on Friday, July 29 to “Underperform” rating. The company was downgraded on Tuesday, December 15 by Morgan Stanley.

Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. The company has market cap of $316.79 million. It is involved in the acquisition, ownership, and operation of drybulk vessels for transporting bulk cargoes, primarily coal, grain, and iron ore. It currently has negative earnings. As of February 17, 2017, the firm had a fleet of 38 drybulk vessels with an aggregate carrying capacity of 3,421,800 deadweight tons.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. had 156 analyst reports since July 23, 2015 according to SRatingsIntel. Stifel Nicolaus maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Friday, May 26 with “Buy” rating. The rating was maintained by Bernstein on Monday, November 13 with “Hold”. Morgan Stanley maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, March 19 with “Underweight” rating. Citigroup maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, April 26 with “Hold” rating. Stifel Nicolaus maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, January 26. Stifel Nicolaus has “Buy” rating and $65 target. The stock has “Neutral” rating by Nomura on Monday, January 23. The firm earned “Buy” rating on Monday, November 6 by UBS. CLSA initiated the stock with “Outperform” rating in Tuesday, May 17 report. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Thursday, July 23 by Brean Capital. The firm has “Buy” rating given on Wednesday, June 28 by Stifel Nicolaus.

Since January 9, 2018, it had 0 insider buys, and 8 insider sales for $7.62 million activity. Another trade for 43,000 shares valued at $2.81M was sold by GROB MATTHEW S. AMON CRISTIANO R sold $852,989 worth of stock. $48,627 worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by ROGERS ALEXANDER H on Monday, January 29. Rosenberg Donald J had sold 11,670 shares worth $618,603. $3.14 million worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by THOMPSON JAMES H.

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. Cadence Capital Management Ltd Liability Com holds 0.8% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 196,910 shares. 275 were reported by 1832 Asset Mgmt L P. Amer National Insur Company Tx holds 0.31% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 94,882 shares. Horizon Kinetics Ltd Liability Company stated it has 4,401 shares or 0.01% of all its holdings. Mathes Co Incorporated holds 0.14% in QUALCOMM Incorporated (NASDAQ:QCOM) or 4,650 shares. Aviva Pcl holds 0.3% or 822,239 shares in its portfolio. Victory Cap Mngmt holds 209,706 shares. Qs Investors Lc reported 93,297 shares. 4,234 were reported by Hollencrest Capital Mngmt. Ally Finance Incorporated reported 88,000 shares stake. Moreover, Legacy Cap Inc has 1.24% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 39,265 shares. Midas Corp has invested 0.51% in QUALCOMM Incorporated (NASDAQ:QCOM). General Amer Inc holds 1.87% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 301,200 shares. Gabelli Funds accumulated 0.01% or 22,475 shares. 393,377 are owned by Arizona State Retirement.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Fool.com which released: “Samsung Is Making Its Move Against Qualcomm” on May 21, 2018, also Nasdaq.com with their article: “Facebook, Qualcomm Teaming Up on High-Speed Internet” 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: “NXP Semiconductors, Micron among movers on trade war hold” with publication date: May 21, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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