Qualcomm (QCOM) Market Value Rose While Hartford Investment Management Co Has Lowered Stake; As Coca Cola Co. (KO) Share Price Rose, Wills Financial Group Has Decreased by $330,705 Its Holding

January 19, 2018 - By Marguerite Chambers

Hartford Investment Management Co decreased its stake in Qualcomm Inc (QCOM) by 1.87% based on its latest 2017Q3 regulatory filing with the SEC. Hartford Investment Management Co sold 7,309 shares as the company’s stock rose 2.14% with the market. The institutional investor held 383,107 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $19.86 million, down from 390,416 at the end of the previous reported quarter. Hartford Investment Management Co who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $100.34 billion market cap company. The stock increased 0.02% or $0.0126 during the last trading session, reaching $68.0626. About 2.97 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since January 19, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

Wills Financial Group Inc decreased its stake in Coca Cola Co. (KO) by 23.77% based on its latest 2017Q3 regulatory filing with the SEC. Wills Financial Group Inc sold 7,349 shares as the company’s stock rose 6.48% with the market. The institutional investor held 23,564 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $1.06M, down from 30,913 at the end of the previous reported quarter. Wills Financial Group Inc who had been investing in Coca Cola Co. for a number of months, seems to be less bullish one the $200.57 billion market cap company. The stock increased 0.42% or $0.195 during the last trading session, reaching $47.075. About 5.66M shares traded. The Coca-Cola Company (NYSE:KO) has declined 0.95% since January 19, 2017 and is downtrending. It has underperformed by 17.65% the S&P500.

Hartford Investment Management Co, which manages about $5.30B US Long portfolio, upped its stake in National General Holdings (NASDAQ:NGHC) by 64,175 shares to 311,369 shares, valued at $5.95M in 2017Q3, according to the filing. It also increased its holding in Cboe Global Markets Inc (NASDAQ:CBOE) by 2,830 shares in the quarter, for a total of 24,201 shares, and has risen its stake in Huron Consulting Group In (NASDAQ:HURN).

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.13, from 0.98 in 2017Q2. It dropped, 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. 182,286 are owned by Usca Ria Ltd. Hays Advisory Ltd Llc has 0.08% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 5,114 shares. Architects Inc has invested 0.1% in QUALCOMM Incorporated (NASDAQ:QCOM). Tokio Marine Asset Mngmt holds 10,894 shares or 0.09% of its portfolio. First Midwest Bancshares Trust Division reported 0.03% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Utah-based Utah Retirement has invested 0.32% in QUALCOMM Incorporated (NASDAQ:QCOM). Bluefin Trading Ltd Liability Company has 6,229 shares for 0.04% of their portfolio. Needelman Asset Mgmt, California-based fund reported 16,945 shares. Somerset Trust Communication holds 45,573 shares or 1.25% of its portfolio. Reynders Mcveigh Mgmt Limited Liability Company holds 0.21% or 30,758 shares. Kelly Lawrence W Assoc Ca accumulated 21,058 shares. Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.19% in QUALCOMM Incorporated (NASDAQ:QCOM). Pub Employees Retirement Association Of Colorado has 0.1% invested in QUALCOMM Incorporated (NASDAQ:QCOM). B T Mngmt Dba Alpha Mngmt owns 39,669 shares. First City Capital Management owns 0.65% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 17,960 shares.

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 stock has “Buy” rating by Stifel Nicolaus on Thursday, July 21. On Tuesday, January 16 the stock rating was upgraded by Nomura to “Buy”. The company was upgraded on Monday, May 22 by JP Morgan. The rating was maintained by Cowen & Co on Friday, September 30 with “Outperform”. The firm earned “Equal-Weight” rating on Thursday, November 10 by Morgan Stanley. Susquehanna upgraded the stock to “Positive” rating in Wednesday, January 13 report. The firm has “Hold” rating given on Monday, November 6 by Standpoint Research. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Hold” rating given on Monday, October 30 by RBC Capital Markets. Bernstein maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Wednesday, July 19 with “Hold” rating. The firm has “Outperform” rating given on Thursday, July 21 by RBC Capital Markets.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on January, 24. They expect $0.77 earnings per share, down 27.36% or $0.29 from last year’s $1.06 per share. QCOM’s profit will be $1.14B for 22.10 P/E if the $0.77 EPS becomes a reality. After $0.82 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -6.10% negative EPS growth.

Since August 20, 2017, it had 0 insider buys, and 5 sales for $3.11 million activity. $245,919 worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by STERLING MICHELLE M on Sunday, August 20. GROB MATTHEW S sold $2.81M worth of stock.

Since August 7, 2017, it had 0 insider buys, and 6 sales for $9.01 million activity. Shares for $4.61 million were sold by SMITH BRIAN JOHN on Tuesday, August 15. Waller Kathy N sold $409,733 worth of stock or 8,952 shares. MANN JENNIFER K sold $402,235 worth of stock or 8,819 shares. RIVERA ALFREDO had sold 28,232 shares worth $1.30M.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Coca-Cola had 69 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of The Coca-Cola Company (NYSE:KO) earned “Neutral” rating by Credit Suisse on Friday, September 16. The firm earned “Neutral” rating on Friday, February 5 by Susquehanna. The firm earned “Equal-Weight” rating on Thursday, October 26 by Morgan Stanley. The rating was upgraded by Stifel Nicolaus to “Buy” on Tuesday, January 12. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, December 22 report. On Thursday, January 19 the stock rating was downgraded by Wells Fargo to “Market Perform”. The rating was maintained by Jefferies on Monday, July 24 with “Hold”. The company was maintained on Friday, April 28 by Credit Suisse. The company was maintained on Monday, October 23 by Stifel Nicolaus. The stock of The Coca-Cola Company (NYSE:KO) has “Market Perform” rating given on Monday, July 31 by BMO Capital Markets.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.14, from 0.94 in 2017Q2. It fall, as 48 investors sold KO shares while 641 reduced holdings. 94 funds opened positions while 456 raised stakes. 2.73 billion shares or 0.93% more from 2.70 billion shares in 2017Q2 were reported. Brick Kyle Associates, a Pennsylvania-based fund reported 6,776 shares. Automobile Association has 0.4% invested in The Coca-Cola Company (NYSE:KO). Signature Fin Mngmt invested in 0.36% or 27,697 shares. Tradition Capital Management Ltd Liability Company stated it has 28,882 shares. Lourd Capital Ltd Llc holds 0.13% or 32,500 shares. Spinnaker Tru has invested 0.1% in The Coca-Cola Company (NYSE:KO). Lipe Dalton reported 0.06% stake. Hamel Assocs Inc invested 1.45% in The Coca-Cola Company (NYSE:KO). Triangle Secs Wealth Mgmt invested in 0.15% or 5,732 shares. Gofen And Glossberg Ltd Liability Corp Il accumulated 518,555 shares. Mairs & invested in 17,701 shares. Global X Commerce Ltd Liability accumulated 227,558 shares. Vontobel Asset Mgmt accumulated 3.66 million shares. Jp Marvel Advsr Ltd Liability Corporation owns 1.4% invested in The Coca-Cola Company (NYSE:KO) for 97,683 shares. Central Bancshares invested in 0.17% or 15,015 shares.

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