Qualcomm (QCOM) Shareholder Kwmg Decreased Its Holding; Shareholder Franklin Street Advisors Raised Idexx Laboratories (IDXX) Stake

May 21, 2018 - By Linda Rogers

IDEXX Laboratories, Inc. (NASDAQ:IDXX) Logo

Kwmg Llc decreased its stake in Qualcomm Inc (QCOM) by 84.76% based on its latest 2017Q4 regulatory filing with the SEC. Kwmg Llc sold 25,618 shares as the company’s stock declined 15.28% with the market. The institutional investor held 4,607 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $295,000, down from 30,225 at the end of the previous reported quarter. Kwmg Llc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $84.70B market cap company. The stock decreased 0.66% or $0.38 during the last trading session, reaching $57.13. About 10.82 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 21, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Franklin Street Advisors Inc increased its stake in Idexx Laboratories (IDXX) by 8.68% based on its latest 2017Q4 regulatory filing with the SEC. Franklin Street Advisors Inc bought 3,730 shares as the company’s stock rose 21.09% while stock markets declined. The hedge fund held 46,720 shares of the health care company at the end of 2017Q4, valued at $7.31M, up from 42,990 at the end of the previous reported quarter. Franklin Street Advisors Inc who had been investing in Idexx Laboratories for a number of months, seems to be bullish on the $17.51B market cap company. The stock increased 0.42% or $0.84 during the last trading session, reaching $201.6. About 336,667 shares traded. IDEXX Laboratories, Inc. (NASDAQ:IDXX) has risen 23.99% since May 21, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

More important recent IDEXX Laboratories, Inc. (NASDAQ:IDXX) news were published by: Fool.com which released: “IDEXX Laboratories Barks Out Another Successful Quarter” on May 11, 2018, also Seekingalpha.com published article titled: “IDEXX: This Medical Equipment Stock Is Overvalued And Could Go Down As Much As 20%”, Nasdaq.com published: “Research Report Identifies Cara Therapeutics, MGE Energy, IDEXX Laboratories, Sterling Construction, TTM …” on April 30, 2018. More interesting news about IDEXX Laboratories, Inc. (NASDAQ:IDXX) was released by: Seekingalpha.com and their article: “Buy Diamondback Energy On Declines – Cramer’s Lightning Round (5/11/18)” with publication date: May 14, 2018.

Investors sentiment decreased to 0.81 in 2017 Q4. Its down 0.05, from 0.86 in 2017Q3. It is negative, as 30 investors sold IDXX shares while 217 reduced holdings. 64 funds opened positions while 137 raised stakes. 72.13 million shares or 17.89% less from 87.85 million shares in 2017Q3 were reported. Comm Bank reported 0% stake. Peak6 Invests Lp stated it has 0% in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Hightower Ltd Limited Liability Company holds 0.04% of its portfolio in IDEXX Laboratories, Inc. (NASDAQ:IDXX) for 30,365 shares. Vanguard Group has invested 0.06% in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Select Equity LP has 0.44% invested in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Oakbrook Invests Lc accumulated 4,055 shares. 32 were accumulated by Earnest Prtn Ltd. Ontario – Canada-based Toronto Dominion Bancorporation has invested 0.02% in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Pittenger And Anderson Inc holds 90 shares. Mogy Joel R Counsel has 50,147 shares for 1.23% of their portfolio. Oppenheimer Asset Mngmt reported 6,732 shares. Private Ocean Ltd Llc reported 46 shares. Intrust Bank & Trust Na holds 0.22% of its portfolio in IDEXX Laboratories, Inc. (NASDAQ:IDXX) for 4,782 shares. Capital Invsts holds 0.04% or 1.06M shares in its portfolio. Kbc Gp Nv holds 0.02% in IDEXX Laboratories, Inc. (NASDAQ:IDXX) or 18,128 shares.

Among 11 analysts covering IDEXX Laboratories (NASDAQ:IDXX), 7 have Buy rating, 2 Sell and 2 Hold. Therefore 64% are positive. IDEXX Laboratories had 29 analyst reports since July 24, 2015 according to SRatingsIntel. As per Friday, February 2, the company rating was maintained by Bank of America. The company was maintained on Thursday, February 1 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus on Monday, October 23 with “Buy”. The firm earned “Buy” rating on Friday, July 28 by C.L. King. Bank of America upgraded IDEXX Laboratories, Inc. (NASDAQ:IDXX) on Wednesday, August 23 to “Buy” rating. The stock of IDEXX Laboratories, Inc. (NASDAQ:IDXX) earned “Buy” rating by Stifel Nicolaus on Monday, March 21. The company was maintained on Tuesday, June 13 by Canaccord Genuity. The rating was maintained by Stifel Nicolaus on Thursday, August 13 with “Buy”. The firm has “Neutral” rating given on Friday, April 1 by CL King. The firm earned “Buy” rating on Thursday, October 29 by Stifel Nicolaus.

Franklin Street Advisors Inc, which manages about $2.06 billion and $668.49M US Long portfolio, decreased its stake in Monsanto Co (NYSE:MON) by 74,755 shares to 3,060 shares, valued at $357,000 in 2017Q4, according to the filing. It also reduced its holding in 3M Co Com (NYSE:MMM) by 2,434 shares in the quarter, leaving it with 3,145 shares, and cut its stake in Extended Stay America Inc (NYSE:STAY).

Since January 9, 2018, it had 2 buys, and 7 sales for $23.44 million activity. MCKEON BRIAN P had sold 6,602 shares worth $1.20M on Monday, February 5. $178,045 worth of stock was bought by Kingsley Lawrence D on Wednesday, February 14. $1.97 million worth of IDEXX Laboratories, Inc. (NASDAQ:IDXX) was sold by END WILLIAM T on Thursday, May 10. Another trade for 2,974 shares valued at $565,232 was made by JUNIUS DANIEL M on Wednesday, February 28. Claflin Bruce L. bought $179,580 worth of stock or 1,000 shares.

Investors sentiment decreased to 0.83 in Q4 2017. 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. Savant Cap Ltd Llc reported 7,620 shares. Clear Harbor Asset Mgmt Ltd Liability Corp, New York-based fund reported 13,133 shares. Covenant Multifamily Offices Ltd Liability Com invested in 0% or 60 shares. Fiduciary Of The Southwest Tx holds 0.16% in QUALCOMM Incorporated (NASDAQ:QCOM) or 8,525 shares. Northeast Investment Mngmt reported 0.02% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Hemenway Limited Liability holds 0.09% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 7,161 shares. Whittier Trust Com Of Nevada holds 0.13% or 24,253 shares in its portfolio. Pure Advisors reported 21,640 shares. State Treasurer State Of Michigan holds 432,171 shares or 0.22% of its portfolio. Heritage Invsts Mngmt holds 65,646 shares. Blume Inc invested in 2.53% or 77,335 shares. Howland Cap Mgmt Limited Com reported 217,906 shares stake. Lincoln holds 0.01% or 6,953 shares. Moreover, Btr Cap Incorporated has 2.34% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Capstone Invest invested in 0.09% or 50,009 shares.

Kwmg Llc, which manages about $332.06M US Long portfolio, upped its stake in Ishares Tr (TIP) by 5,243 shares to 196,091 shares, valued at $22.37 million in 2017Q4, according to the filing. It also increased its holding in Vanguard Index Fds (VOT) by 4,260 shares in the quarter, for a total of 58,601 shares, and has risen its stake in Ishares Tr (DVY).

Since January 9, 2018, it had 0 buys, and 8 sales for $7.62 million activity. On Tuesday, January 9 GROB MATTHEW S sold $2.81M worth of QUALCOMM Incorporated (NASDAQ:QCOM) or 43,000 shares. The insider Rosenberg Donald J sold $618,603. ROGERS ALEXANDER H sold 713 shares worth $48,627. Another trade for 50,126 shares valued at $3.14M was made by THOMPSON JAMES H on Friday, March 9.

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 24.63 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.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. had 155 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Thursday, November 5. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Thursday, January 26 by Stifel Nicolaus. The firm has “Neutral” rating given on Monday, November 9 by Nomura. RBC Capital Markets maintained the shares of QCOM in report on Friday, April 13 with “Buy” rating. Canaccord Genuity maintained it with “Buy” rating and $83.0 target in Monday, November 13 report. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, November 19. The company was maintained on Thursday, November 5 by Canaccord Genuity. The company was upgraded on Friday, September 15 by Northland Capital. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, April 19. The rating was maintained by Northland Capital with “Buy” on Thursday, November 2.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Benzinga.com which released: “Benzinga Pro’s 5 Stocks To Watch Today” on May 21, 2018, also Nasdaq.com with their article: “China Eases the Pressure on Qualcomm’s NXP Deal” published on May 15, 2018, Investorplace.com published: “Speculators Are Piling into Qualcomm, Inc. Stock for Two Big Reasons” on May 14, 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 Nasdaq.com‘s news article titled: “Qualcomm Is Reportedly Giving Up on Server Chips” with publication date: May 10, 2018.

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