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Published: Fri, April 14, 2017
Medical | By Garry George

Stocks To Invest: QUALCOMM Incorporated (QCOM), Pfizer Inc. (PFE)


Zacks Investment Research has upgraded QUALCOMM, Inc.

QCOM has been the subject of several other research reports. Aetna Inc. PA purchased a new stake in QUALCOMM during the fourth quarter valued at $12,411,000. Independent Advisor Alliance bought a new stake in shares of QUALCOMM during the fourth quarter worth about $382,000.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $1.11 per share according to consensus of 22 analysts. Penserra Capital Management LLC boosted its stake in QUALCOMM by 94.0% in the third quarter. The institutional investor owned 15,390,000 shares of the wireless technology company's stock after selling 817,559 shares during the period. Finally, Northern Trust Corp raised its position in QUALCOMM by 2.6% in the third quarter.

The stock now has its Annual Dividend of $2.12 and an annual Dividend Yield of 3.76 Percent. QUALCOMM has a 52 week low of $50.11 and a 52 week high of $71.62. The stock, after opening at $56.43, closed at $56.52 by scoring 0.36%. Company's distance from 20 day simple moving average is -1.82% and distance from 50-Day simple moving average is 0.68%. The firm has a market cap of $81.75 billion, a PE ratio of 16.88 and a beta of 1.31. QUALCOMM also was the recipient of some unusual options trading activity on Monday. Stock traders acquired 2,479 put options on the company. This represents an increase of approximately 350% compared to the typical daily volume of 551 put options.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, January 25th. The 1 year EPS growth rate is -12.70%. The business earned $5.99 billion during the quarter, compared to the consensus estimate of $6.12 billion. QUALCOMM had a net margin of 20.56% and a return on equity of 20.25%. The firm's quarterly revenue was up 3.9% on a year-over-year basis. The company's quarterly revenue was up 3.9% compared to the same quarter previous year.

Currently, EPS of QUALCOMM Incorporated (QCOM) is 1.19 while the analysts predicted the EPS of the stock to be 1.18 suggesting the company fell short of the analysts' expectations.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 22nd. However a year ago during same quarter QUALCOMM, Inc. This represents a $2.12 annualized dividend and a dividend yield of 3.83%. QUALCOMM's dividend payout ratio (DPR) is presently 64.63%. Citigroup Inc began coverage on QUALCOMM in a research report on Wednesday, December 21st. "(QCOM) Shares Sold by Orbis Allan Gray Ltd" was originally reported by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another publication, it was copied illegally and republished in violation of USA and worldwide copyright and trademark legislation. The original version of this article can be accessed at https://www.com-unik.info/2017/04/13/qualcomm-inc-qcom-shares-sold-by-orbis-allan-gray-ltd.html. The current share price indicate that stock is -31.51% away from its one year high and is moving 172.73% ahead of its 52-week low. They noted that the move was a valuation call. Brean Capital reissued a "hold" rating on shares of QUALCOMM in a report on Wednesday, December 21st. Looking at this figure it suggests that the shares of QUALCOMM Incorporated (QCOM) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that QUALCOMM Incorporated (QCOM) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. They set a "neutral" rating and a $70.00 price objective for the company. They set a "positive" rating and a $80.00 price objective for the company. Finally, Zacks Investment Research cut QUALCOMM from a "hold" rating to a "sell" rating in a report on Wednesday, April 5th. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. The shares were purchased at an average cost of $53.99 per share, with a total value of $53,990.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

For the past 5 years, QUALCOMM Incorporated's EPS growth has been almost 7.1%.

Brokerage houses, on average, are recommending investors to hold Target Corporation (TGT)'s shares projecting a $61.1 target price. Market Capitalization if basically the market value of the company's shares outstanding.

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