$-0.22 EPS Expected for Helmerich & Payne, Inc. (HP); Wedgewood Partners Cut Qualcomm (QCOM) Holding

October 28, 2017 - By Darrin Black

Analysts expect Helmerich & Payne, Inc. (NYSE:HP) to report $-0.22 EPS on November, 16.They anticipate $0.11 EPS change or 33.33% from last quarter’s $-0.33 EPS. After having $-0.18 EPS previously, Helmerich & Payne, Inc.’s analysts see 22.22% EPS growth. The stock increased 1.31% or $0.68 on October 27, reaching $52.61. About 1.37 million shares traded. Helmerich & Payne, Inc. (NYSE:HP) has risen 4.51% since October 28, 2016 and is uptrending. It has underperformed by 12.19% the S&P500.

Wedgewood Partners Inc decreased Qualcomm (QCOM) stake by 19.81% reported in 2017Q2 SEC filing. Wedgewood Partners Inc sold 808,739 shares as Qualcomm (QCOM)’s stock rose 2.14%. The Wedgewood Partners Inc holds 3.27 million shares with $180.75 million value, down from 4.08M last quarter. Qualcomm now has $80.55B valuation. The stock increased 1.43% or $0.77 on October 27, reaching $54.57. About 8.96 million shares traded or 27.45% up from the average. QUALCOMM, Inc. (NASDAQ:QCOM) has risen 9.31% since October 28, 2016 and is uptrending. It has underperformed by 7.39% the S&P500.

Investors sentiment decreased to 0.93 in Q2 2017. Its down 0.08, from 1.01 in 2017Q1. It fall, as 77 investors sold Helmerich & Payne, Inc. shares while 143 reduced holdings. 44 funds opened positions while 160 raised stakes. 116.34 million shares or 4.63% more from 111.19 million shares in 2017Q1 were reported. Aviva Plc holds 0.02% or 65,090 shares in its portfolio. Da Davidson & Company holds 8,673 shares. Signalpoint Asset Ltd holds 12,986 shares or 0.19% of its portfolio. Ing Groep Nv stated it has 0.01% of its portfolio in Helmerich & Payne, Inc. (NYSE:HP). Ontario – Canada-based Sun Life Inc has invested 0% in Helmerich & Payne, Inc. (NYSE:HP). Dekabank Deutsche Girozentrale accumulated 19,843 shares. Alphamark Advsr Lc stated it has 0.08% in Helmerich & Payne, Inc. (NYSE:HP). Moreover, Sfe Invest Counsel has 0.82% invested in Helmerich & Payne, Inc. (NYSE:HP) for 36,955 shares. Schroder Invest Group Inc has 0.08% invested in Helmerich & Payne, Inc. (NYSE:HP). Bailard Inc reported 0.14% of its portfolio in Helmerich & Payne, Inc. (NYSE:HP). Pennsylvania-based Weik has invested 0.17% in Helmerich & Payne, Inc. (NYSE:HP). Ameriprise Fincl Incorporated holds 0% or 90,469 shares in its portfolio. Legal And General Group Pcl stated it has 526,962 shares or 0.02% of all its holdings. Waddell & Reed Fin owns 0.24% invested in Helmerich & Payne, Inc. (NYSE:HP) for 2.01 million shares. Wellington Group Incorporated Ltd Liability Partnership stated it has 346,697 shares.

Helmerich & Payne, Inc. is engaged in contract drilling of gas and oil wells for others. The company has market cap of $5.71 billion. The Firm operates in the contract drilling industry. It currently has negative earnings. The Company’s contract drilling business consists of three divisions: U.S.

Among 36 analysts covering Helmerich & Payne (NYSE:HP), 9 have Buy rating, 9 Sell and 18 Hold. Therefore 25% are positive. Helmerich & Payne had 109 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Hold” rating by Tudor Pickering on Friday, March 24. The firm has “Neutral” rating by Macquarie Research given on Wednesday, September 9. The stock of Helmerich & Payne, Inc. (NYSE:HP) has “Neutral” rating given on Tuesday, August 9 by Citigroup. On Tuesday, December 15 the stock rating was maintained by Iberia Capital Partners with “Sector Perform”. As per Friday, June 30, the company rating was downgraded by Bank of America. The stock of Helmerich & Payne, Inc. (NYSE:HP) earned “Buy” rating by Guggenheim on Monday, April 3. Wells Fargo downgraded the shares of HP in report on Friday, July 7 to “Underperform” rating. The rating was maintained by UBS on Tuesday, September 15 with “Buy”. The firm has “Buy” rating given on Thursday, September 15 by DA Davidson. The stock has “Sell” rating by BMO Capital Markets on Thursday, July 13.

Analysts await QUALCOMM, Inc. (NASDAQ:QCOM) to report earnings on November, 1 after the close. They expect $0.69 earnings per share, down 41.03% or $0.48 from last year’s $1.17 per share. QCOM’s profit will be $1.02B for 19.77 P/E if the $0.69 EPS becomes a reality. After $0.70 actual earnings per share reported by QUALCOMM, Inc. for the previous quarter, Wall Street now forecasts -1.43% negative EPS growth.

Since May 11, 2017, it had 1 buy, and 4 selling transactions for $1.73 million activity. Rosenberg Donald J sold $588,767 worth of stock. LIVERMORE ANN M had bought 9,000 shares worth $491,286. The insider ABERLE DEREK K sold $1.28M. STERLING MICHELLE M sold $325,654 worth of stock. ROGERS ALEXANDER H sold $26,922 worth of stock.

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.05, from 1.03 in 2017Q1. It fall, as 89 investors sold QCOM shares while 481 reduced holdings. 107 funds opened positions while 451 raised stakes. 1.11 billion shares or 0.00% more from 1.11 billion shares in 2017Q1 were reported. 752 are held by Jump Trading Lc. Old Mutual Customised Solutions (Proprietary) Ltd stated it has 27,671 shares. Highbridge Mngmt Ltd Liability Corp holds 0.02% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM) for 20,544 shares. Hourglass Ltd Liability Com invested 1.86% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM). Barrington Strategic Wealth Mgmt Grp has invested 0.51% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM). Sterneck Capital Mngmt Ltd Liability Corp has invested 1.78% in QUALCOMM, Inc. (NASDAQ:QCOM). Fdx Advsrs Inc owns 74,306 shares or 0.12% of their US portfolio. Ifc Inc Fl invested in 16,179 shares. 1,165 were accumulated by Bollard Group Lc. Blair William Il holds 0.13% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM) for 307,782 shares. Oppenheimer & Company reported 220,672 shares or 0.34% of all its holdings. Ngam Advisors Limited Partnership holds 0.93% or 1.55 million shares in its portfolio. 22,223 were accumulated by Pioneer Trust Natl Bank N A Or. Amer National Registered Investment Advisor owns 21,893 shares. Moreover, Td Asset Incorporated has 0.09% invested in QUALCOMM, Inc. (NASDAQ:QCOM) for 1.09 million shares.

Among 35 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 13 have Buy rating, 1 Sell and 21 Hold. Therefore 37% are positive. Qualcomm Inc. had 104 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Hold” rating by Northland Capital on Tuesday, August 1. Cowen & Co maintained QUALCOMM, Inc. (NASDAQ:QCOM) rating on Thursday, July 23. Cowen & Co has “Outperform” rating and $72 target. The firm has “Hold” rating by BMO Capital Markets given on Monday, August 21. On Friday, February 12 the stock rating was maintained by Cowen & Co with “Outperform”. Standpoint Research upgraded the shares of QCOM in report on Monday, August 24 to “Hold” rating. JP Morgan downgraded the shares of QCOM in report on Wednesday, December 14 to “Neutral” rating. The firm has “Hold” rating by Deutsche Bank given on Monday, June 19. The firm has “Neutral” rating given on Tuesday, September 6 by Mizuho. JP Morgan upgraded the shares of QCOM in report on Monday, May 22 to “Overweight” rating. RBC Capital Markets maintained QUALCOMM, Inc. (NASDAQ:QCOM) on Friday, September 8 with “Hold” rating.