Northstar Asset Management Holding in Qualcomm (QCOM) Has Raised by $419,200 as Stock Price Declined; Duke Energy New (DUK) Holder Ci Global Investments Has Lowered Position as Valuation Declined

May 18, 2018 - By Hazel Jackson

Duke Energy Corporation (NYSE:DUK) Logo

Ci Global Investments Inc decreased its stake in Duke Energy Corp New (DUK) by 71.93% based on its latest 2017Q4 regulatory filing with the SEC. Ci Global Investments Inc sold 50,000 shares as the company’s stock declined 8.40% with the market. The institutional investor held 19,516 shares of the power generation company at the end of 2017Q4, valued at $1.64 million, down from 69,516 at the end of the previous reported quarter. Ci Global Investments Inc who had been investing in Duke Energy Corp New for a number of months, seems to be less bullish one the $51.95B market cap company. The stock decreased 1.32% or $0.99 during the last trading session, reaching $74.15. About 3.47M shares traded. Duke Energy Corporation (NYSE:DUK) has declined 6.87% since May 18, 2017 and is downtrending. It has underperformed by 18.42% the S&P500.

Northstar Asset Management Llc increased its stake in Qualcomm Inc (QCOM) by 23.6% based on its latest 2017Q4 regulatory filing with the SEC. Northstar Asset Management Llc bought 6,550 shares as the company’s stock declined 15.28% with the market. The institutional investor held 34,307 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $2.20 million, up from 27,757 at the end of the previous reported quarter. Northstar Asset Management Llc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $84.44 billion market cap company. The stock increased 0.44% or $0.25 during the last trading session, reaching $56.95. About 9.46M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 18, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.06, from 1.07 in 2017Q3. It improved, as 46 investors sold DUK shares while 352 reduced holdings. 100 funds opened positions while 348 raised stakes. 389.71 million shares or 0.49% less from 391.64 million shares in 2017Q3 were reported. First Company accumulated 0.28% or 30,493 shares. Sequoia Advsrs Ltd Llc holds 0.06% or 6,321 shares. Vantage Investment Prns Limited Liability stated it has 0.96% of its portfolio in Duke Energy Corporation (NYSE:DUK). Reliance Tru Company Of Delaware reported 15,021 shares stake. Buckhead Limited Company invested in 31,765 shares. Bnp Paribas Asset Management Holdg Sa, a France-based fund reported 192,816 shares. Amica Pension Fund Board Of Trustees accumulated 0.26% or 26,782 shares. Cap Investors holds 0.09% or 4.90 million shares. X Company Lc reported 0.23% in Duke Energy Corporation (NYSE:DUK). Essex Service has 13,785 shares. D E Shaw And has invested 0.05% in Duke Energy Corporation (NYSE:DUK). New York-based Jane Street Ltd Liability Corp has invested 0.01% in Duke Energy Corporation (NYSE:DUK). Moreover, Sun Life Finance has 0.16% invested in Duke Energy Corporation (NYSE:DUK) for 18,782 shares. Virtu Fincl Ltd holds 19,549 shares. Bangor State Bank holds 0.06% or 3,616 shares in its portfolio.

Analysts await Duke Energy Corporation (NYSE:DUK) to report earnings on August, 2. They expect $0.99 EPS, down 1.98% or $0.02 from last year’s $1.01 per share. DUK’s profit will be $693.60 million for 18.72 P/E if the $0.99 EPS becomes a reality. After $1.28 actual EPS reported by Duke Energy Corporation for the previous quarter, Wall Street now forecasts -22.66% negative EPS growth.

Ci Global Investments Inc, which manages about $9.58 billion and $5.19B US Long portfolio, upped its stake in Ishares Tr (IEF) by 4,166 shares to 4,875 shares, valued at $515,000 in 2017Q4, according to the filing. It also increased its holding in Gilead Sciences Inc (NASDAQ:GILD) by 3.26 million shares in the quarter, for a total of 3.32 million shares, and has risen its stake in Lkq Corp (NASDAQ:LKQ).

Among 20 analysts covering Duke Energy (NYSE:DUK), 5 have Buy rating, 4 Sell and 11 Hold. Therefore 25% are positive. Duke Energy had 89 analyst reports since August 7, 2015 according to SRatingsIntel. On Sunday, August 27 the stock rating was maintained by RBC Capital Markets with “Buy”. On Tuesday, December 22 the stock rating was upgraded by UBS to “Buy”. Morgan Stanley maintained Duke Energy Corporation (NYSE:DUK) on Thursday, August 10 with “Equal-Weight” rating. The stock of Duke Energy Corporation (NYSE:DUK) has “Neutral” rating given on Monday, March 7 by SunTrust. The firm earned “Equal-Weight” rating on Friday, September 8 by Morgan Stanley. The rating was maintained by SunTrust on Monday, April 9 with “Hold”. On Monday, October 19 the stock rating was maintained by SunTrust with “Neutral”. The stock of Duke Energy Corporation (NYSE:DUK) earned “Equal-Weight” rating by Barclays Capital on Friday, March 18. The firm earned “Hold” rating on Wednesday, January 10 by Goldman Sachs. The firm has “Buy” rating given on Monday, June 26 by Goldman Sachs.

More notable recent Duke Energy Corporation (NYSE:DUK) news were published by: Bizjournals.com which released: “Dominion, environmental groups disagree over court order’s impact on Atlantic Coast Pipeline construction” on May 17, 2018, also Seekingalpha.com with their article: “Duke Energy +1.4% after easy Q1 earnings beat” published on May 10, 2018, Bizjournals.com published: “Local accelerator program takes national approach to grow Charlotte as an energy hub” on May 17, 2018. More interesting news about Duke Energy Corporation (NYSE:DUK) were released by: Bizjournals.com and their article: “Duke Energy Progress customers will see bills go up — again — due to rate error” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “The Fall Of 2 Dividend Champions” with publication date: May 15, 2018.

Since January 9, 2018, it had 0 buys, and 8 selling transactions for $7.62 million activity. ROGERS ALEXANDER H also sold $48,627 worth of QUALCOMM Incorporated (NASDAQ:QCOM) shares. Shares for $852,989 were sold by AMON CRISTIANO R. THOMPSON JAMES H also sold $3.14 million worth of QUALCOMM Incorporated (NASDAQ:QCOM) shares. $2.81M worth of stock was sold by GROB MATTHEW S on Tuesday, January 9.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Seekingalpha.com which released: “Qualcomm: Path To Higher Profits” on May 02, 2018, also Seekingalpha.com with their article: “Apple Stymies Qualcomm’s Quarterly Results” published on April 30, 2018, Seekingalpha.com published: “Beijing Approves Microchip Deal, Boding Well For Qualcomm-NXP” on May 17, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Investorplace.com and their article: “Speculators Are Piling into Qualcomm, Inc. Stock for Two Big Reasons” published on May 14, 2018 as well as Nasdaq.com‘s news article titled: “Why NXP Semiconductors NV Stock Is Soaring Today” with publication date: May 15, 2018.

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. RBC Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Friday, September 29. RBC Capital Markets has “Hold” rating and $55.0 target. The company was maintained on Friday, November 3 by Citigroup. The rating was maintained by Argus Research on Thursday, September 29 with “Buy”. Pacific Crest initiated QUALCOMM Incorporated (NASDAQ:QCOM) on Friday, December 4 with “Overweight” rating. On Tuesday, January 16 the stock rating was upgraded by Nomura to “Buy”. The firm earned “Buy” rating on Friday, June 23 by Northland Capital. Cowen & Co maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Friday, February 12. Cowen & Co has “Outperform” rating and $60 target. Canaccord Genuity maintained it with “Buy” rating and $7000 target in Monday, June 26 report. The rating was maintained by Cowen & Co with “Outperform” on Wednesday, December 16. The firm has “Buy” rating given on Tuesday, November 14 by RBC Capital Markets.

Northstar Asset Management Llc, which manages about $241.97M US Long portfolio, decreased its stake in Celgene Corporation (NASDAQ:CELG) by 9,295 shares to 11,925 shares, valued at $1.25 million in 2017Q4, according to the filing.

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. Gateway Investment Advisers Ltd holds 864,344 shares. Hays Advisory Ltd Liability Co holds 0.14% or 6,281 shares. Lombard Odier Asset Mngmt (Usa) Corp has invested 0.25% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Madison Invest reported 0.23% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Hussman Strategic, Maryland-based fund reported 2,000 shares. 2.08M were reported by State Board Of Administration Of Florida Retirement Systems. Shoker Invest Counsel, Ohio-based fund reported 18,639 shares. House Limited Company holds 106,956 shares or 0.83% of its portfolio. Carroll Fin Associates owns 0.05% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 7,674 shares. Moreover, Proshare Ltd Limited Liability Company has 0.45% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Kidder Stephen W holds 0.31% or 13,310 shares. Angelo Gordon Co Limited Partnership reported 0.99% stake. Cardinal owns 65,074 shares. Sandy Spring Comml Bank has 0.56% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Pacad Invest invested 0.07% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM).

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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