Qualcomm (QCOM) Shareholder Vaughan David Investments Has Lowered Stake by $11.53 Million; Acadian Asset Management Has Lifted Compania Cervecerias Unidas (CCU) Holding by $8.42 Million; Stock Price Declined

May 25, 2018 - By Adrian Erickson

Compañía Cervecerías Unidas S.A. (NYSE:CCU) Logo

Vaughan David Investments Inc decreased its stake in Qualcomm Inc (QCOM) by 34.17% based on its latest 2017Q4 regulatory filing with the SEC. Vaughan David Investments Inc sold 180,094 shares as the company’s stock declined 15.28% with the market. The institutional investor held 347,003 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $22.22 million, down from 527,097 at the end of the previous reported quarter. Vaughan David Investments Inc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $88.27 billion market cap company. The stock increased 0.77% or $0.455 during the last trading session, reaching $59.535. About 5.33 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 25, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Acadian Asset Management Llc increased its stake in Compania Cervecerias Unidas (CCU) by 23.12% based on its latest 2017Q4 regulatory filing with the SEC. Acadian Asset Management Llc bought 290,343 shares as the company’s stock declined 3.19% with the market. The institutional investor held 1.55M shares of the consumer non-durables company at the end of 2017Q4, valued at $45.73 million, up from 1.26 million at the end of the previous reported quarter. Acadian Asset Management Llc who had been investing in Compania Cervecerias Unidas for a number of months, seems to be bullish on the $4.76 billion market cap company. The stock increased 1.21% or $0.32 during the last trading session, reaching $26.71. About 53,214 shares traded. Compañía Cervecerías Unidas S.A. (NYSE:CCU) has risen 13.33% since May 25, 2017 and is uptrending. It has outperformed by 1.78% the S&P500.

Acadian Asset Management Llc, which manages about $65.15B and $23.06 billion US Long portfolio, decreased its stake in Hudbay Minerals Inc (NYSE:HBM) by 262,200 shares to 271,403 shares, valued at $2.41M in 2017Q4, according to the filing. It also reduced its holding in Enzo Biochem Inc (NYSE:ENZ) by 84,805 shares in the quarter, leaving it with 915,921 shares, and cut its stake in Solaredge Technologies Inc.

Investors sentiment increased to 1.52 in Q4 2017. Its up 0.55, from 0.97 in 2017Q3. It is positive, as 5 investors sold CCU shares while 24 reduced holdings. 25 funds opened positions while 19 raised stakes. 25.87 million shares or 3.78% more from 24.93 million shares in 2017Q3 were reported. Moreover, Parametric Portfolio Assoc Limited Liability has 0.01% invested in Compañía Cervecerías Unidas S.A. (NYSE:CCU). Bnp Paribas Arbitrage holds 0% in Compañía Cervecerías Unidas S.A. (NYSE:CCU) or 48,225 shares. Stevens Mgmt Ltd Partnership owns 0.01% invested in Compañía Cervecerías Unidas S.A. (NYSE:CCU) for 9,335 shares. Renaissance Techs Limited Liability has invested 0% in Compañía Cervecerías Unidas S.A. (NYSE:CCU). Foyston Gordon & Payne owns 0.37% invested in Compañía Cervecerías Unidas S.A. (NYSE:CCU) for 66,391 shares. Virtu Ltd Liability Co has invested 0.02% in Compañía Cervecerías Unidas S.A. (NYSE:CCU). Fmr Ltd Llc holds 0.01% in Compañía Cervecerías Unidas S.A. (NYSE:CCU) or 2.62M shares. Everett Harris & Ca holds 0.04% or 51,628 shares. Panagora Asset Management owns 148,717 shares. Caisse De Depot Et Placement Du Quebec stated it has 0% of its portfolio in Compañía Cervecerías Unidas S.A. (NYSE:CCU). 14,401 are held by Fca Corp Tx. First Eagle Invest Mngmt Limited holds 7.32M shares or 0.51% of its portfolio. Canada Pension Plan Board invested in 81,104 shares. Connor Clark And Lunn Management has 66,267 shares. Citadel Advsrs Ltd Liability Co owns 14,857 shares or 0% of their US portfolio.

Another recent and important Compañía Cervecerías Unidas S.A. (NYSE:CCU) news was published by Nasdaq.com which published an article titled: “How This Little-Known Beer Maker Got Its Growth Back” on May 11, 2018.

Among 4 analysts covering United Breweries Company Limited (NYSE:CCU), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. United Breweries Company Limited had 11 analyst reports since August 4, 2015 according to SRatingsIntel. The company was downgraded on Saturday, August 29 by TheStreet. The rating was maintained by JP Morgan on Monday, November 2 with “Neutral”. The firm has “Neutral” rating by Citigroup given on Monday, August 29. The rating was upgraded by Goldman Sachs on Friday, January 15 to “Buy”. Goldman Sachs upgraded the stock to “Buy” rating in Sunday, March 18 report. The firm earned “Buy” rating on Monday, January 18 by Goldman Sachs. Deutsche Bank downgraded the stock to “Hold” rating in Tuesday, November 10 report. JP Morgan upgraded Compañía Cervecerías Unidas S.A. (NYSE:CCU) rating on Tuesday, August 4. JP Morgan has “Neutral” rating and $23 target. The stock of Compañía Cervecerías Unidas S.A. (NYSE:CCU) has “Neutral” rating given on Wednesday, April 12 by JP Morgan. The rating was downgraded by JP Morgan on Wednesday, October 5 to “Underweight”.

Vaughan David Investments Inc, which manages about $1.81 billion and $2.16 billion US Long portfolio, upped its stake in Target Corp (NYSE:TGT) by 304,001 shares to 306,041 shares, valued at $19.97 million in 2017Q4, according to the filing. It also increased its holding in Johnson & Johnson (NYSE:JNJ) by 112,372 shares in the quarter, for a total of 287,975 shares, and has risen its stake in Verizon Communications (NYSE:VZ).

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Fool.com which released: “Samsung Is Making Its Move Against Qualcomm” on May 21, 2018, also Nasdaq.com with their article: “3 Ways You Can Win The US-China Trade War” published on May 24, 2018, Seekingalpha.com published: “Beijing Approves Microchip Deal, Boding Well For Qualcomm-NXP” on May 17, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: “Bloomberg: Qualcomm will unveil AR/VR chipset next week” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Qualcomm: Why It’s A Bargain Right Now” with publication date: May 03, 2018.

Investors sentiment decreased to 0.83 in 2017 Q4. Its down 0.02, from 0.85 in 2017Q3. It is negative, as 89 investors sold QCOM shares while 518 reduced holdings. 160 funds opened positions while 346 raised stakes. 1.11 billion shares or 0.73% more from 1.10 billion shares in 2017Q3 were reported. Hollencrest Cap Mgmt accumulated 0.04% or 4,234 shares. Community Retail Bank Na owns 0.06% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 8,953 shares. Hbk Invests Lp holds 3.00 million shares or 1.8% of its portfolio. Alexandria Capital Ltd Liability reported 10,065 shares or 0.09% of all its holdings. Old Republic invested in 789,000 shares. Jennison Associates Limited Company invested in 0.1% or 1.52 million shares. Staley Advisers holds 4.42% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 890,348 shares. Gradient Investments Limited Liability accumulated 1,870 shares or 0.01% of the stock. Lingohr And Partner Asset Mngmt Gmbh holds 0.74% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 21,800 shares. Investment Counsel owns 76,211 shares for 2.02% of their portfolio. Barton Invest owns 1.65% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 117,568 shares. 20,000 were accumulated by Yorktown Mgmt Rech. The Massachusetts-based New England Private Wealth Advisors Ltd Liability Corporation has invested 0.21% in QUALCOMM Incorporated (NASDAQ:QCOM). Los Angeles Capital Mgmt And Equity Inc accumulated 354,732 shares or 0.12% of the stock. Wendell David Assoc reported 51,270 shares.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on July, 18. They expect $0.58 EPS, down 17.14% or $0.12 from last year’s $0.7 per share. QCOM’s profit will be $859.92M for 25.66 P/E if the $0.58 EPS becomes a reality. After $0.67 actual EPS reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -13.43% negative EPS growth.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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