Parus Finance Uk LTD Lowered Its Holding in Qualcomm (QCOM) by $512,600; Financial Engines Advisors Position in First American Financial (FAF) Has Increased as Stock Price Declined

June 20, 2018 - By Dolores Ford

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Parus Finance Uk Ltd decreased its stake in Qualcomm Inc (QCOM) by 6.66% based on its latest 2018Q1 regulatory filing with the SEC. Parus Finance Uk Ltd sold 9,320 shares as the company’s stock declined 10.48% with the market. The institutional investor held 130,702 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q1, valued at $7.24M, down from 140,022 at the end of the previous reported quarter. Parus Finance Uk Ltd who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $87.03 billion market cap company. The stock decreased 0.84% or $0.5 during the last trading session, reaching $58.7. About 6.65M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since June 20, 2017 and is uptrending. It has underperformed by 9.99% the S&P500. Some Historical QCOM News: 06/03/2018 – Qualcomm, Huawei in Talks to Settle Patent-Royalty Dispute; 03/04/2018 – FIRST® Announces Qualcomm’s Return as Presenting Sponsor for 2018 FIRST Championship Events in Houston and Detroit; 12/03/2018 – President Trump stops Broadcom takeover of Qualcomm; 05/03/2018 – Washington orders Qualcomm delay; 06/03/2018 – Broadcom has been ratcheting up the pressure on shareholders of rival chipmaker Qualcomm this week — even as the landscape surrounding the hostile takeover becomes more tenuous. Advisers for Singapore-based Broadcom told a Qualcomm shareholder that the company is accelerating its plans to re-domicile to the US, The Post has learned; 07/03/2018 – BROADCOM – WILL ALSO FOCUS R&D SPEND TO QUALCOMM’S 5G TECHNOLOGIES THAT ARE “ESSENTIAL TO THE U.S.”; 28/05/2018 – ♫ Reuters Insider – Asia Insight: South Korea’s Moon calls for more impromptu talks with North Korea; 29/05/2018 – Fudzilla: Qualcomm meeting with China’s antitrust regulators; 16/03/2018 – Qualcomm Extends NXP Tender Offer to March 23; 11/04/2018 – Brain Corp CEO Dr. Eugene lzhikevich to Speak at CONNECT

Financial Engines Advisors Llc increased its stake in First American Financial Corp (FAF) by 80.37% based on its latest 2018Q1 regulatory filing with the SEC. Financial Engines Advisors Llc bought 22,338 shares as the company’s stock declined 7.87% with the market. The institutional investor held 50,131 shares of the specialty insurers company at the end of 2018Q1, valued at $2.94 million, up from 27,793 at the end of the previous reported quarter. Financial Engines Advisors Llc who had been investing in First American Financial Corp for a number of months, seems to be bullish on the $5.76 billion market cap company. The stock decreased 0.50% or $0.26 during the last trading session, reaching $51.64. About 582,145 shares traded. First American Financial Corporation (NYSE:FAF) has risen 25.01% since June 20, 2017 and is uptrending. It has outperformed by 12.44% the S&P500. Some Historical FAF News: 20/04/2018 – Two Market Dynamics Fueling the Housing Shortage, According to First American Potential Home Sales Model; 09/05/2018 – First American Financial Names Martha B. Wyrsch to Bd of Directors; 09/05/2018 – FIRST AMERICAN FINANCIAL CORPORATION APPOINTS MARTHA B. WYRSCH TO BOARD OF DIRECTORS; 29/03/2018 – Loan Application Defect Risk in Adjustable-Rate Mortgages Slips Below Fixed-Rate Mortgages, According to First American’s Loan; 22/04/2018 – DJ First American Financial Corporatio, Inst Holders, 1Q 2018 (FAF); 23/05/2018 – The Surprising Impact of Rising Rates on Market Potential, According to First American Potential Home Sales Model; 26/04/2018 – First American Financial 1Q Rev $1.3B; 08/05/2018 – First American Financial Corporation Declares Quarterly Cash Dividend of 38 Cents Per Share; 20/03/2018 Housing Market Can Overcome Rising Interest Rates, According to First American Potential Home Sales Model; 26/04/2018 – FIRST AMERICAN FINANCIAL CORP QTRLY AVERAGE REVENUE PER ORDER UP 6 PERCENT

More recent First American Financial Corporation (NYSE:FAF) news were published by: Businesswire.com which released: “Housing Market Can Withstand Higher Mortgage Rates, According to First American Potential Home Sales Model” on June 18, 2018. Also Streetinsider.com published the news titled: “First American Financial (FAF) Investor Day Highlights Growth and Income Opportunities” on May 22, 2018. Businesswire.com‘s news article titled: “First-Time Home Buyer Demand Resilient to Rising Rates, According to First American Real Estate Sentiment Index” with publication date: June 12, 2018 was also an interesting one.

Investors sentiment increased to 1.13 in Q1 2018. Its up 0.02, from 1.11 in 2017Q4. It is positive, as 21 investors sold FAF shares while 116 reduced holdings. 63 funds opened positions while 92 raised stakes. 92.16 million shares or 2.17% more from 90.20 million shares in 2017Q4 were reported. Covington Mngmt has invested 0.01% of its portfolio in First American Financial Corporation (NYSE:FAF). State Street Corp holds 3.48 million shares or 0.02% of its portfolio. Rafferty Asset Mngmt Ltd Liability Corporation stated it has 0.02% of its portfolio in First American Financial Corporation (NYSE:FAF). The Pennsylvania-based Vanguard Gru has invested 0.03% in First American Financial Corporation (NYSE:FAF). Dreman Value Management L L C reported 0.02% of its portfolio in First American Financial Corporation (NYSE:FAF). Fuller And Thaler Asset Management Inc holds 0% or 1,600 shares in its portfolio. Kames Cap Public Ltd Liability stated it has 22,243 shares. Manufacturers Life Insur Company The stated it has 0.01% of its portfolio in First American Financial Corporation (NYSE:FAF). Oakbrook Investments Lc owns 9,200 shares. Shelton Cap reported 7,827 shares. Liberty Mutual Grp Incorporated Asset Mgmt holds 0.04% or 21,807 shares. Moreover, Public Employees Retirement Sys Of Ohio has 0.03% invested in First American Financial Corporation (NYSE:FAF) for 87,237 shares. Comerica holds 0.39% of its portfolio in First American Financial Corporation (NYSE:FAF) for 53,602 shares. 19,380 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Jefferies Ltd Com accumulated 22,331 shares.

Financial Engines Advisors Llc, which manages about $88.20 billion and $3.43 billion US Long portfolio, decreased its stake in Dominion Energy In (NYSE:D) by 4,991 shares to 232,731 shares, valued at $15.69M in 2018Q1, according to the filing. It also reduced its holding in Alaska Air Group Inc (NYSE:ALK) by 33,655 shares in the quarter, leaving it with 51,018 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Since April 30, 2018, it had 0 insider purchases, and 1 insider sale for $1.42 million activity.

Among 15 analysts covering First American Financial (NYSE:FAF), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. First American Financial had 17 analyst reports since September 25, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, October 21 by Tigress Financial. The stock of First American Financial Corporation (NYSE:FAF) has “Outperform” rating given on Friday, December 18 by Macquarie Research. Topeka Capital Markets initiated First American Financial Corporation (NYSE:FAF) rating on Friday, November 13. Topeka Capital Markets has “Hold” rating and $18 target. The rating was upgraded by Stephens to “Overweight” on Monday, January 8. The firm earned “Outperform” rating on Friday, December 11 by Oppenheimer. The rating was maintained by Barclays Capital on Friday, February 9 with “Overweight”. The rating was initiated by Robert W. Baird with “Neutral” on Friday, November 13. Barclays Capital maintained First American Financial Corporation (NYSE:FAF) rating on Friday, February 12. Barclays Capital has “Overweight” rating and $41 target. The firm has “Neutral” rating given on Friday, December 11 by Credit Suisse. The stock of First American Financial Corporation (NYSE:FAF) earned “Buy” rating by Stifel Nicolaus on Thursday, January 14.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. had 157 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Monday, January 29. On Thursday, September 29 the stock rating was maintained by Argus Research with “Buy”. The firm has “Mkt Perform” rating given on Tuesday, January 24 by Charter Equity. Citigroup maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Friday, November 3 with “Neutral” rating. The firm earned “Buy” rating on Tuesday, January 16 by Susquehanna. As per Thursday, July 20, the company rating was maintained by Deutsche Bank. The firm has “Buy” rating by Rosenblatt given on Thursday, October 22. RBC Capital Markets maintained it with “Hold” rating and $5500 target in Monday, June 5 report. The firm has “Hold” rating given on Friday, September 8 by RBC Capital Markets. The firm earned “Hold” rating on Thursday, July 23 by Topeka Capital Markets.

Since January 9, 2018, it had 0 insider buys, and 9 sales for $7.68 million activity. ROGERS ALEXANDER H sold $33,597 worth of stock. $3.14M worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by THOMPSON JAMES H on Friday, March 9. On Tuesday, January 9 the insider GROB MATTHEW S sold $2.81 million. 11,670 shares were sold by Rosenberg Donald J, worth $618,603 on Tuesday, May 8.

Investors sentiment decreased to 0.78 in Q1 2018. Its down 0.05, from 0.83 in 2017Q4. It worsened, as 104 investors sold QCOM shares while 500 reduced holdings. 100 funds opened positions while 370 raised stakes. 1.11 billion shares or 0.11% less from 1.11 billion shares in 2017Q4 were reported. Meritage Portfolio Mgmt accumulated 47,744 shares. Bollard Gp Ltd Liability has invested 0% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Stoneridge Invest Prtn Ltd Liability invested 0.63% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Delta Asset Mgmt Limited Com Tn holds 0.02% or 2,100 shares. Community Bank Na has invested 0.09% in QUALCOMM Incorporated (NASDAQ:QCOM). Ironwood Financial Ltd Liability Corp reported 492 shares. Premier Asset Management Limited Liability Company invested in 0.42% or 33,820 shares. Boston Private Wealth Llc has invested 0.09% in QUALCOMM Incorporated (NASDAQ:QCOM). Nelson Roberts Invest Advsr has invested 1.37% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Cap Invest Services Of America reported 1.93% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Provise Management Gp Lc has 0.04% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 4,380 shares. Becker Cap Inc holds 578,186 shares. Tiverton Asset Ltd Liability invested in 26,436 shares. Argent Tru invested 0.2% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Arizona State Retirement System owns 403,677 shares for 0.23% of their portfolio.

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 25.30 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.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Globenewswire.com which released: “Hagens Berman Alerts Investors in Qualcomm Incorporated (NASDAQ: QCOM) to the August 7, 2018 Securities Class …” on June 13, 2018, also Investorplace.com with their article: “Investing in the Internet of Things Is Almost Unavoidable” published on June 19, 2018, Investorplace.com published: “Qualcomm Inc.: End of China Tension Brings Dutch Prize” on May 30, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Microsoft Corporation and Cloud Kings Become Chip Giants” published on June 13, 2018 as well as Nasdaq.com‘s news article titled: “A Safe Dividend Makes Verizon Communications Inc. Stock a Safe Bet” with publication date: June 19, 2018.

First American Financial Corporation (NYSE:FAF) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>