EPS for Teligent (TLGT) Expected At $0.03, First Pacific Advisors Decreased Qualcomm (QCOM) Position By $705,250

July 17, 2017 - By Adrian Erickson

First Pacific Advisors Llc decreased Qualcomm Inc (QCOM) stake by 0.46% reported in 2016Q4 SEC filing. First Pacific Advisors Llc sold 10,850 shares as Qualcomm Inc (QCOM)’s stock rose 2.14%. The First Pacific Advisors Llc holds 2.33 million shares with $151.93 million value, down from 2.34M last quarter. Qualcomm Inc now has $84.78B valuation. The stock declined 0.03% or $0.02 reaching $56.79 per share. About 139,416 shares traded. QUALCOMM, Inc. (NASDAQ:QCOM) has risen 9.31% since July 17, 2016 and is uptrending. It has underperformed by 7.39% the S&P500.

Analysts expect Teligent Inc (NASDAQ:TLGT) to report $0.03 EPS on July, 27.They anticipate $0.02 EPS change or 200.00% from last quarter’s $0.01 EPS. TLGT’s profit would be $1.61 million giving it 75.83 P/E if the $0.03 EPS is correct. After having $0.05 EPS previously, Teligent Inc’s analysts see -40.00% EPS growth. About 9,309 shares traded. Teligent Inc (NASDAQ:TLGT) has risen 64.58% since July 17, 2016 and is uptrending. It has outperformed by 47.88% the S&P500.

Teligent, Inc. is a specialty generic pharmaceutical company. The company has market cap of $489.84 million. Under the Company’s own label, it markets and sells generic injectable pharmaceutical products in the United States and Canada. It currently has negative earnings. In the United States it marketed 16 generic topical pharmaceutical products and four branded generic pharmaceutical products, as of December 31, 2016.

First Pacific Advisors Llc increased Priceline Grp Inc (NASDAQ:PCLN) stake by 500 shares to 1,000 valued at $1.47 million in 2016Q4. It also upped Lpl Finl Hldgs Inc (NASDAQ:LPLA) stake by 20,800 shares and now owns 4.59 million shares. Tempur Sealy International (NYSE:TPX) was raised too.

Investors sentiment decreased to 1.01 in 2016 Q4. Its down 0.07, from 1.08 in 2016Q3. It dived, as 104 investors sold QCOM shares while 514 reduced holdings. 139 funds opened positions while 483 raised stakes. 1.12 billion shares or 0.18% less from 1.12 billion shares in 2016Q3 were reported. Cambiar Investors Ltd Liability Corporation accumulated 937,466 shares. Assets Inv Mngmt Ltd has 0.48% invested in QUALCOMM, Inc. (NASDAQ:QCOM) for 35,000 shares. Balyasny Asset Management reported 204,239 shares. Sprucegrove Invest Management Ltd holds 504,000 shares. Pennsylvania-based Janney Capital Management Limited Liability has invested 1.71% in QUALCOMM, Inc. (NASDAQ:QCOM). Zacks Invest reported 493,296 shares. Manchester Mgmt Ltd Liability Com reported 25,897 shares. Moreover, Anchor Advisors Ltd Limited Liability Company has 0.11% invested in QUALCOMM, Inc. (NASDAQ:QCOM) for 46,381 shares. Jpmorgan Chase & holds 12.23M shares. Tower Cap Ltd Liability Co (Trc) invested in 0.22% or 30,524 shares. Monroe Bank & Trust & Tru Mi holds 300 shares or 0.01% of its portfolio. Bellecapital Int Ltd has invested 0.3% in QUALCOMM, Inc. (NASDAQ:QCOM). Mastrapasqua Asset Management stated it has 1.5% of its portfolio in QUALCOMM, Inc. (NASDAQ:QCOM). Moreover, Univest Corp Of Pennsylvania has 1.42% invested in QUALCOMM, Inc. (NASDAQ:QCOM) for 51,511 shares. Smith Moore accumulated 8,427 shares or 0.21% of the stock.

Among 32 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 13 have Buy rating, 1 Sell and 18 Hold. Therefore 41% are positive. Qualcomm Inc. had 84 analyst reports since July 23, 2015 according to SRatingsIntel. Rosenblatt initiated QUALCOMM, Inc. (NASDAQ:QCOM) rating on Thursday, October 22. Rosenblatt has “Buy” rating and $65 target. The stock of QUALCOMM, Inc. (NASDAQ:QCOM) earned “Buy” rating by Vetr on Wednesday, August 19. The rating was upgraded by Morgan Stanley on Monday, July 27 to “Overweight”. The stock of QUALCOMM, Inc. (NASDAQ:QCOM) earned “Neutral” rating by Mizuho on Thursday, January 14. The rating was downgraded by Nomura on Monday, November 9 to “Neutral”. The stock of QUALCOMM, Inc. (NASDAQ:QCOM) has “Neutral” rating given on Wednesday, April 19 by Rosenblatt. The stock of QUALCOMM, Inc. (NASDAQ:QCOM) earned “Outperform” rating by RBC Capital Markets on Thursday, July 21. The rating was upgraded by Rosenblatt to “Buy” on Thursday, January 12. The rating was maintained by Topeka Capital Markets with “Hold” on Thursday, July 23. Canaccord Genuity maintained the shares of QCOM in report on Thursday, November 5 with “Buy” rating.

Since January 30, 2017, it had 3 insider buys, and 4 sales for $677,891 activity. Another trade for 18,815 shares valued at $999,596 was made by AMON CRISTIANO R on Friday, February 3. On Thursday, June 1 the insider ABERLE DEREK K sold $1.28M. On Saturday, May 20 the insider STERLING MICHELLE M sold $325,654. VINCIQUERRA ANTHONY J also bought $53,985 worth of QUALCOMM, Inc. (NASDAQ:QCOM) on Monday, January 30. 9,000 shares were bought by LIVERMORE ANN M, worth $491,286. Another trade for 470 shares valued at $26,922 was made by ROGERS ALEXANDER H on Tuesday, May 30. On Thursday, May 11 the insider Rosenberg Donald J sold $588,767.

Analysts await QUALCOMM, Inc. (NASDAQ:QCOM) to report earnings on July, 19 after the close. They expect $0.67 EPS, down 34.95% or $0.36 from last year’s $1.03 per share. QCOM’s profit will be $1.00B for 21.19 P/E if the $0.67 EPS becomes a reality. After $1.20 actual EPS reported by QUALCOMM, Inc. for the previous quarter, Wall Street now forecasts -44.17% negative EPS growth.

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