As Comcast New Cl A (CMCSA) Shares Declined, Raab & Moskowitz Asset Management Raised Stake by $515,134; Qualcomm (QCOM) Position Held by Oak Ridge Investments Llc

June 17, 2018 - By Russell Anderson

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Oak Ridge Investments Llc increased its stake in Qualcomm Inc (QCOM) by 231.35% based on its latest 2018Q1 regulatory filing with the SEC. Oak Ridge Investments Llc bought 15,468 shares as the company’s stock declined 10.48% with the market. The institutional investor held 22,154 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q1, valued at $1.23 million, up from 6,686 at the end of the previous reported quarter. Oak Ridge Investments Llc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $88.75 billion market cap company. The stock increased 0.67% or $0.4 during the last trading session, reaching $59.86. About 9.26M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since June 17, 2017 and is uptrending. It has underperformed by 9.99% the S&P500. Some Historical QCOM News: 14/03/2018 – QUALCOMM MAY BE ABLE TO GET NXPI MOFCOM OK NEXT MONTH: DEALREP; 14/03/2018 – BROADCOM LTD – WILL CONTINUE TO MOVE FORWARD WITH ITS REDOMICILIATION PROCESS; 06/03/2018 – Recode Daily: The Trump administration delays Singapore chipmaker Broadcom’s hostile takeover bid for U.S. chipmaker Qualcomm; 05/03/2018 – BROADCOM REITERATES QUALCOMM DID NOT INFORM ITS OWN STOCKHOLDERS OR BROADCOM OF ITS SECRET, VOLUNTARY UNILATERAL REQUEST FILED ON JANUARY 29, 2018; 12/04/2018 – Altek Corporation (3059 TT) becomes the first ODM to deliver reference designs based on the Qualcomm Vision Intelligence Platform; 12/03/2018 – Qualcomm Receives Presidential Order Prohibiting Broadcom’s Proposed Takeover of Qualcomm; 18/05/2018 – BEIJING OFFICIAL SAYS QUALCOMM-NXP DEAL LOOKING MORE OPTIMISTIC NOW – CNBC, CITING DJ; 04/05/2018 – JUDGE RULES APPLE’S EDDY CUE TO BE DESPOSED IN QUALCOMM SUIT; 16/04/2018 – Breakingviews: Qualcomm’s future stuck on slow boat to China; 19/04/2018 – Qualcomm also said Wednesday it had begun laying off employees as a cost-saving measure

Raab & Moskowitz Asset Management Llc increased its stake in Comcast Corp New Cl A (CMCSA) by 100.01% based on its latest 2018Q1 regulatory filing with the SEC. Raab & Moskowitz Asset Management Llc bought 15,151 shares as the company’s stock declined 19.78% with the market. The institutional investor held 30,301 shares of the television services company at the end of 2018Q1, valued at $1.04 million, up from 15,150 at the end of the previous reported quarter. Raab & Moskowitz Asset Management Llc who had been investing in Comcast Corp New Cl A for a number of months, seems to be bullish on the $155.90 billion market cap company. The stock increased 0.18% or $0.06 during the last trading session, reaching $33.88. About 35.98 million shares traded or 30.07% up from the average. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since June 17, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 07/05/2018 – ♫ Reuters Insider – Exclusive: Comcast preparing all-cash offer to upset Disney-Fox deal; 19/03/2018 – COMCAST NAMES ROSE SVP, CONGRESSIONAL & FEDERAL GOVT AFFAIRS; 08/05/2018 – Disney could choose to split Fox’s assets with Comcast in lieu of a bidding war; 25/04/2018 – COMCAST 1Q OPER CASH FLOW $5.5B; 07/05/2018 – Jennifer Ablan: Exclusive: Comcast prepares all-cash bid to gate-crash Disney-Fox deal – sources via @GregRoumeliotis; 05/04/2018 – DISNEY MAY DROP COMCAST VIDEO AD TECH FOR GOOGLE: BUS. INSIDER; 23/05/2018 – ♫ Reuters Insider – Comcast prepares to top Disney’s $50 billion bid for Fox; 08/05/2018 – bernadette baum: Exclusive: Comcast prepares all-cash bid to gate-crash Disney-Fox deal – sources #mergers; 08/03/2018 – MoviePass Hires Former Viacom, Spotify And Comcast Exec To Head Product Development: Report — MarketWatch; 09/05/2018 – FOX: UK REVIEW OF COMCAST BID FOR SKY CCOULD TAKE MONTHS

Investors sentiment increased to 0.99 in 2018 Q1. Its up 0.06, from 0.93 in 2017Q4. It is positive, as 100 investors sold CMCSA shares while 496 reduced holdings. 111 funds opened positions while 481 raised stakes. 3.67 billion shares or 0.21% more from 3.66 billion shares in 2017Q4 were reported. Hartford Fincl Mngmt accumulated 19,933 shares or 0.34% of the stock. Srb accumulated 0.02% or 5,297 shares. Markston Intl Limited Liability Corporation accumulated 384,912 shares or 1.42% of the stock. Twin Cap Management Inc has invested 0.64% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Duff & Phelps Invest Com has 0.03% invested in Comcast Corporation (NASDAQ:CMCSA) for 50,570 shares. 1St Source Bancorporation holds 0.06% or 21,057 shares. Zevin Asset Management Lc accumulated 15,588 shares. Manufacturers Life Ins The holds 0.51% in Comcast Corporation (NASDAQ:CMCSA) or 13.62M shares. Roberts Glore & Com Incorporated Il owns 0.18% invested in Comcast Corporation (NASDAQ:CMCSA) for 8,300 shares. Act Ii Management Ltd Partnership accumulated 4.19% or 173,400 shares. Bluemountain Management Lc owns 86 shares for 0% of their portfolio. 27,096 were reported by Genesee Valley Tru. Investec Asset Mgmt North America stated it has 0.34% in Comcast Corporation (NASDAQ:CMCSA). Bartlett & Limited Liability holds 0.05% or 33,468 shares. Fort Point Capital Ptnrs Limited Liability holds 0.07% or 7,832 shares.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Streetinsider.com which released: “Fox (FOXA) Said to Consider $65B Comcast (CMCSA) Bid Next Week Against Disney’s (DIS) at Wednesday Meeting …” on June 15, 2018, also Nasdaq.com with their article: “Apple Inc. Takes Aim At Hollywood With First Feature Film” published on June 15, 2018, Seekingalpha.com published: “Tech sector headed for fall reorganization (and volatility)” on June 06, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Seekingalpha.com and their article: “Netflix takes crown of media world” published on May 25, 2018 as well as Benzinga.com‘s news article titled: “More Central Bank News As ECB Follows Fed Rate Hike With Tapering Plans” with publication date: June 14, 2018.

Raab & Moskowitz Asset Management Llc, which manages about $203.03 million US Long portfolio, decreased its stake in Cvs Health Corp Com (NYSE:CVS) by 5,971 shares to 16,850 shares, valued at $1.05M in 2018Q1, according to the filing. It also reduced its holding in General Electric Co Com (NYSE:GE) by 54,806 shares in the quarter, leaving it with 54,066 shares, and cut its stake in Pepsico Inc Com (NYSE:PEP).

Since December 18, 2017, it had 0 insider purchases, and 10 sales for $39.84 million activity. 5,630 shares valued at $224,575 were sold by BLOCK ARTHUR R on Monday, December 18. The insider WATSON DAVID N sold $4.84M. 190,756 shares were sold by BURKE STEPHEN B, worth $8.11M on Friday, January 26. ROBERTS BRIAN L sold $25.24 million worth of Comcast Corporation (NASDAQ:CMCSA) on Tuesday, March 13.

Among 33 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 8 Hold. Therefore 73% are positive. Comcast Corporation had 86 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, June 20 by Moffett Nathanson. Nomura downgraded the shares of CMCSA in report on Thursday, January 18 to “Hold” rating. The firm has “Sector Weight” rating by Pacific Crest given on Friday, January 27. Jefferies maintained the stock with “Buy” rating in Thursday, January 25 report. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Pivotal Research on Thursday, December 17. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Market Perform” rating by Raymond James on Wednesday, June 13. Suntrust Robinson initiated Comcast Corporation (NASDAQ:CMCSA) on Wednesday, November 11 with “Neutral” rating. As per Wednesday, May 4, the company rating was maintained by Goldman Sachs. Scotia Capital maintained Comcast Corporation (NASDAQ:CMCSA) on Friday, April 20 with “Buy” rating. As per Friday, November 17, the company rating was maintained by Robert W. Baird.

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.05, from 0.83 in 2017Q4. It turned negative, as 104 investors sold QCOM shares while 500 reduced holdings. 100 funds opened positions while 370 raised stakes. 1.11 billion shares or 0.11% less from 1.11 billion shares in 2017Q4 were reported. Rhenman And Prtnrs Asset Mngmt holds 0.05% in QUALCOMM Incorporated (NASDAQ:QCOM) or 8,052 shares. Global Endowment Management Ltd Partnership reported 0.04% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Smith Asset Mgmt Gp Ltd Partnership, Texas-based fund reported 57 shares. Moreover, Capital City Fl has 0.12% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 5,000 shares. Ledyard Bank has 10,154 shares. Indiana Tru Inv Mngmt has 0.36% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 14,147 shares. Baldwin Inv Limited Co owns 16,008 shares for 0.32% of their portfolio. First Commonwealth Corp Pa stated it has 1% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Old Mutual Customised Solutions (Proprietary) owns 30,171 shares. Peddock Capital Advsr Limited has invested 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Altrinsic Global Ltd Liability Co stated it has 514,030 shares. Moreover, Cadence Cap Ltd Liability has 0.57% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 157,519 shares. Oarsman Inc holds 0.65% in QUALCOMM Incorporated (NASDAQ:QCOM) or 25,628 shares. Valueworks Ltd reported 6.18% in QUALCOMM Incorporated (NASDAQ:QCOM). Kornitzer Capital Mgmt Inc Ks owns 476,392 shares.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. had 157 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating by Argus Research given on Thursday, January 14. As per Thursday, January 26, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Thursday, April 26 by Susquehanna. Canaccord Genuity maintained the shares of QCOM in report on Wednesday, November 1 with “Buy” rating. The stock has “Hold” rating by Deutsche Bank on Monday, June 19. The company was maintained on Tuesday, January 16 by Canaccord Genuity. Stifel Nicolaus downgraded QUALCOMM Incorporated (NASDAQ:QCOM) on Wednesday, November 29 to “Hold” rating. Macquarie Research maintained the shares of QCOM in report on Thursday, April 26 with “Neutral” rating. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Neutral” rating by Citigroup on Wednesday, December 21. The company was maintained on Thursday, July 21 by Cowen & Co.

Since January 9, 2018, it had 0 insider purchases, and 9 selling transactions for $7.68 million activity. Another trade for 43,000 shares valued at $2.81 million was made by GROB MATTHEW S on Tuesday, January 9. AMON CRISTIANO R sold $852,989 worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, May 8. Rosenberg Donald J had sold 11,670 shares worth $618,603. THOMPSON JAMES H had sold 50,126 shares worth $3.14 million.

Oak Ridge Investments Llc, which manages about $4.04 billion and $1.80B US Long portfolio, decreased its stake in Terreno Realty Corp (NYSE:TRNO) by 114,202 shares to 306,445 shares, valued at $10.58 million in 2018Q1, according to the filing. It also reduced its holding in Eog Res Inc Com (NYSE:EOG) by 6,875 shares in the quarter, leaving it with 56,081 shares, and cut its stake in Retrophin Inc Com (NASDAQ:RTRX).

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Fool.com which released: “Broadcom’s Reputation Took an Unfair Hit During Qualcomm Saga” on June 12, 2018, also Fool.com with their article: “Qualcomm Isn’t Quitting the Server Business After All” published on June 14, 2018, Globenewswire.com published: “Hagens Berman Alerts Investors in Qualcomm Incorporated (NASDAQ: QCOM) to the August 7, 2018 Securities Class …” on June 13, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Facebook, Inc. (FB) to Design Chips for Live Video Content Filtering” published on May 29, 2018 as well as Benzinga.com‘s news article titled: “NXP Semiconductors’ Standalone Value Is $119, SunTrust Says In Downgrade” with publication date: June 11, 2018.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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