Qualcomm (QCOM) Shareholder Employees Retirement System Of Texas Has Lowered Holding; Facebook (FB) Market Value Rose While Dixon Hubard Feinour & Brown Has Lowered Its Stake by $343,400

January 24, 2018 - By Marguerite Chambers

Dixon Hubard Feinour & Brown Inc decreased its stake in Facebook Inc (FB) by 3.55% based on its latest 2017Q3 regulatory filing with the SEC. Dixon Hubard Feinour & Brown Inc sold 2,020 shares as the company’s stock rose 10.88% with the market. The institutional investor held 54,875 shares of the technology company at the end of 2017Q3, valued at $9.38 million, down from 56,895 at the end of the previous reported quarter. Dixon Hubard Feinour & Brown Inc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $550.22B market cap company. The stock increased 2.15% or $3.98 during the last trading session, reaching $189.35. About 25.68 million shares traded or 40.39% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 24, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Employees Retirement System Of Texas decreased its stake in Qualcomm Inc (QCOM) by 2.59% based on its latest 2017Q3 regulatory filing with the SEC. Employees Retirement System Of Texas sold 12,500 shares as the company’s stock rose 2.14% with the market. The institutional investor held 470,200 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $24.38 million, down from 482,700 at the end of the previous reported quarter. Employees Retirement System Of Texas who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $100.74B market cap company. The stock decreased 0.48% or $0.33 during the last trading session, reaching $68.34. About 7.83M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since January 24, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. It dropped, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. First Washington holds 1.69% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 19,825 shares. First Merchants reported 7,050 shares. Moreover, Toth Advisory Corporation has 0.26% invested in Facebook, Inc. (NASDAQ:FB). Secor Cap Advisors Lp invested in 0.85% or 52,191 shares. Weatherly Asset Management Lp invested 1.04% of its portfolio in Facebook, Inc. (NASDAQ:FB). Sand Hill Limited Liability Company reported 0.07% of its portfolio in Facebook, Inc. (NASDAQ:FB). New York-based Adirondack Communication has invested 0.77% in Facebook, Inc. (NASDAQ:FB). The Illinois-based Savant Capital Ltd has invested 0.41% in Facebook, Inc. (NASDAQ:FB). Appleton Partners Ma reported 66,785 shares stake. Capital Planning Advisors Ltd Liability Corp has invested 5.54% in Facebook, Inc. (NASDAQ:FB). Acadian Asset Mngmt Limited Liability Corp invested 0.05% in Facebook, Inc. (NASDAQ:FB). Tiaa Cref Management Ltd owns 15.99M shares. Ithaka Gp Limited Liability has invested 7.71% in Facebook, Inc. (NASDAQ:FB). Btim Corporation invested 0.01% of its portfolio in Facebook, Inc. (NASDAQ:FB). Coastline Tru Communications holds 0.48% or 15,950 shares.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 EPS, up 56.45% or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64B for 24.40 P/E if the $1.94 EPS becomes a reality. After $1.59 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 220 analyst reports since July 21, 2015 according to SRatingsIntel. Global Equities Research maintained the shares of FB in report on Friday, August 28 with “Overweight” rating. Stifel Nicolaus maintained it with “Buy” rating and $120 target in Thursday, November 5 report. BTIG Research upgraded Facebook, Inc. (NASDAQ:FB) on Tuesday, March 21 to “Buy” rating. The stock has “Buy” rating by J.P. Morgan on Thursday, November 2. The stock has “Buy” rating by Deutsche Bank on Thursday, November 2. Jefferies maintained the stock with “Buy” rating in Thursday, November 2 report. Mizuho maintained the shares of FB in report on Thursday, April 28 with “Buy” rating. Cowen & Co maintained the stock with “Outperform” rating in Thursday, April 28 report. The rating was maintained by Oppenheimer with “Outperform” on Thursday, April 28. The company was maintained on Thursday, November 5 by Jefferies.

Since August 7, 2017, it had 0 insider purchases, and 39 insider sales for $957.86 million activity. $125,138 worth of stock was sold by Stretch Colin on Tuesday, August 29. On Monday, August 14 the insider Zuckerberg Mark sold $42.50 million. 15,470 shares were sold by Wehner David M., worth $2.59M. On Thursday, August 10 the insider FISCHER DAVID B. sold $8.59M. Cox Christopher K sold $2.83M worth of stock. $109.70M worth of Facebook, Inc. (NASDAQ:FB) was sold by Koum Jan.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.13, from 0.98 in 2017Q2. It is negative, as 83 investors sold QCOM shares while 490 reduced holdings. 89 funds opened positions while 397 raised stakes. 1.10 billion shares or 0.88% less from 1.11 billion shares in 2017Q2 were reported. Holowesko Ptnrs Ltd reported 0.17% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Camelot Portfolios Ltd Company reported 23,449 shares or 0.59% of all its holdings. Capital Inc Ca stated it has 7,700 shares or 0.06% of all its holdings. Chevy Chase has invested 0.31% in QUALCOMM Incorporated (NASDAQ:QCOM). Fca Tx holds 4,919 shares or 0.11% of its portfolio. Destination Wealth reported 193,070 shares or 0.64% of all its holdings. Delta Management Limited Liability stated it has 1.07% in QUALCOMM Incorporated (NASDAQ:QCOM). Dorsey & Whitney Tru Co Limited Liability Co has invested 0.48% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Cibc Ww Mkts Corporation owns 619,940 shares or 0.31% of their US portfolio. Herald Invest Mgmt Limited holds 10,200 shares or 0.17% of its portfolio. Somerset holds 1.25% or 45,573 shares in its portfolio. Aimz Inv Advsr has invested 2.54% in QUALCOMM Incorporated (NASDAQ:QCOM). Iberiabank Corporation has 0.53% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Plancorp Ltd Liability Com holds 6,234 shares or 0.1% of its portfolio. Pinnacle has invested 0.06% in QUALCOMM Incorporated (NASDAQ:QCOM).

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 19 Hold. Therefore 44% are positive. Qualcomm Inc. had 126 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Topeka Capital Markets on Thursday, November 5 with “Hold”. Stifel Nicolaus maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Wednesday, June 28. Stifel Nicolaus has “Buy” rating and $6500 target. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, November 19. The firm has “Neutral” rating by Mizuho given on Thursday, July 21. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Thursday, January 14 by Argus Research. On Thursday, July 23 the stock rating was maintained by Cowen & Co with “Outperform”. The firm earned “Buy” rating on Thursday, November 5 by Canaccord Genuity. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Hold” rating by BMO Capital Markets on Monday, November 20. The firm has “Neutral” rating by Instinet given on Monday, January 23. The company was maintained on Friday, September 8 by RBC Capital Markets.

Employees Retirement System Of Texas, which manages about $7.64 billion US Long portfolio, upped its stake in Darden Restaurants Inc (NYSE:DRI) by 72,000 shares to 95,000 shares, valued at $7.48 million in 2017Q3, according to the filing. It also increased its holding in Citigroup Inc (NYSE:C) by 140,000 shares in the quarter, for a total of 406,350 shares, and has risen its stake in Supernus Pharmaceuticals Inc (NASDAQ:SUPN).

Since August 20, 2017, it had 0 buys, and 5 sales for $3.11 million activity. Shares for $245,919 were sold by STERLING MICHELLE M on Sunday, August 20. GROB MATTHEW S sold $2.81M worth of stock or 43,000 shares.

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