Leavell Investment Management Has Boosted Qualcomm (QCOM) Position, Cavco Industries (CVCO) Sentiment Is 1.29

June 1, 2017 - By Henry Gaston

Leavell Investment Management Inc increased Qualcomm Inc (QCOM) stake by 98.09% reported in 2016Q4 SEC filing. Leavell Investment Management Inc acquired 15,318 shares as Qualcomm Inc (QCOM)’s stock rose 2.14%. The Leavell Investment Management Inc holds 30,935 shares with $2.02 million value, up from 15,617 last quarter. Qualcomm Inc now has $84.51B valuation. It closed at $57.27 lastly. It is down 9.31% since June 1, 2016 and is uptrending. It has underperformed by 7.39% the S&P500.

Cavco Industries, Inc. designs and produces factory-built homes. The company has market cap of $980.83 million. The Firm operates through two divisions: factory-built housing, which includes wholesale and retail systems-built housing operations, and financial services, which includes manufactured housing consumer finance and insurance. It has a 29.43 P/E ratio. The Company’s factory-built homes are primarily distributed through a network of independent and the Company-owned retailers, planned community operators and residential developers.

It closed at $110.25 lastly. It is down 19.38% since June 1, 2016 and is uptrending. It has outperformed by 2.68% the S&P500.

Robotti Robert holds 5.25% of its portfolio in Cavco Industries, Inc. for 172,723 shares. Third Avenue Management Llc owns 472,919 shares or 2.14% of their US portfolio. Moreover, Tygh Capital Management Inc. has 1.29% invested in the company for 51,566 shares. The Connecticut-based Gendell Jeffrey L has invested 0.9% in the stock. Columbia Wanger Asset Management Llc, a Illinois-based fund reported 469,324 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $2.91 million activity.

Among 31 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 13 have Buy rating, 2 Sell and 16 Hold. Therefore 42% are positive. Qualcomm Inc. had 76 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Thursday, July 21. Argus Research maintained QUALCOMM, Inc. (NASDAQ:QCOM) rating on Thursday, January 14. Argus Research has “Buy” rating and $70 target. The stock of QUALCOMM, Inc. (NASDAQ:QCOM) earned “Hold” rating by Evercore on Friday, July 1. Oppenheimer maintained QUALCOMM, Inc. (NASDAQ:QCOM) rating on Thursday, July 23. Oppenheimer has “Outperform” rating and $70 target. Topeka Capital Markets maintained it with “Hold” rating and $52 target in Wednesday, December 16 report. The stock of QUALCOMM, Inc. (NASDAQ:QCOM) earned “Buy” rating by Canaccord Genuity on Wednesday, October 12. RBC Capital Markets maintained it with “Outperform” rating and $59 target in Thursday, July 21 report. The firm has “Overweight” rating given on Monday, July 27 by Morgan Stanley. Mizuho maintained it with “Neutral” rating and $64 target in Thursday, November 5 report. The stock has “Buy” rating by Vetr on Wednesday, August 19.

Leavell Investment Management Inc decreased Berkshire Hathaway Inc Cl B (BRKB) stake by 7,100 shares to 11,429 valued at $1.86M in 2016Q4. It also reduced Intel Corp Com (NASDAQ:INTC) stake by 18,158 shares and now owns 94,114 shares. Realty Income Corp Com (NYSE:O) was reduced too.