Tompkins Financial Lifted Its Honeywell Intl Com (HON) Holding by $623,664; As Qualcomm (QCOM) Valuation Declined, Shareholder Hl Financial Services Cut Its Position by $1.15 Million

August 10, 2018 - By Jacob Reddy

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Tompkins Financial Corp increased its stake in Honeywell Intl Inc Com (HON) by 21.25% based on its latest 2018Q1 regulatory filing with the SEC. Tompkins Financial Corp bought 4,331 shares as the company’s stock declined 3.73% with the market. The institutional investor held 24,712 shares of the o.e.m. company at the end of 2018Q1, valued at $3.57 million, up from 20,381 at the end of the previous reported quarter. Tompkins Financial Corp who had been investing in Honeywell Intl Inc Com for a number of months, seems to be bullish on the $113.69 billion market cap company. The stock decreased 0.57% or $0.87 during the last trading session, reaching $153.09. About 1.54 million shares traded. Honeywell International Inc. (NYSE:HON) has risen 12.64% since August 10, 2017 and is uptrending. It has outperformed by 0.07% the S&P500. Some Historical HON News: 09/05/2018 – HONEYWELL NAMES NEFKENS PRESIDENT AND CEO OF HOMES BUSINESS; 29/05/2018 – Shandong Tianhong Chemical Chooses Honeywell Technology To Produce On-purpose Propylene; 20/04/2018 – HONEYWELL SAYS THE MORE SIGNIFICANT IMPACT ON THE COMPANY IS THE SECONDARY EFFECT FROM THE PRICE INFLATION ON NONIMPORTED STEEL AND ALUMINUM – CONF CALL; 08/05/2018 – DEKRA issued the lECEx certificate to Honeywell for its first household appliance explosion-proof micro switch; 20/04/2018 – HONEYWELL SEES FY EPS $7.85 TO $8.05; 18/05/2018 – Honeywell Closes Above 200-Day Moving Average: Technicals; 29/05/2018 – Shandong Tianhong Chem Chooses Honeywell Technology to Produce On-purpose Propylene; 20/04/2018 – HONEYWELL SAYS IT HAS PUT IN PLACE “AGGRESSIVE MITIGATION STRATEGIES” THAT LARGELY OFFSET ANY IMPACT TO CO – CONF CALL; 18/04/2018 – TrendMiner Customer CP Kelco to Present Gained Operational Value of Data Analytics at OSlsoft Pl World 2018; 17/04/2018 – HONEYWELL- ENTERED CONTRACT TO ENROLL 12 AIRCRAFT INTO HONEYWELL AVIONICS PROTECTION PLAN AND ANOTHER 9 AIRCRAFT INTO HONEYWELL MECHANICAL PROTECTION PLAN

Hl Financial Services Llc decreased its stake in Qualcomm Inc (QCOM) by 33.31% based on its latest 2018Q1 regulatory filing with the SEC. Hl Financial Services Llc sold 20,977 shares as the company’s stock declined 10.48% with the market. The institutional investor held 41,989 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q1, valued at $2.33M, down from 62,966 at the end of the previous reported quarter. Hl Financial Services Llc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $95.23 billion market cap company. The stock decreased 0.40% or $0.26 during the last trading session, reaching $64.82. About 6.74M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since August 10, 2017 and is uptrending. It has underperformed by 9.99% the S&P500. Some Historical QCOM News: 05/03/2018 – Broadcom Faces CFIUS Review of Qualcomm Takeover Bid (Video); 15/03/2018 – Former Qualcomm chairman reportedly seeking funding to buy the chipmaker; 19/04/2018 – Qualcomm slides after layoffs, regulatory challenges to NXP merger; 15/03/2018 – Broadcom to head Stateside despite Qualcomm blow; 24/04/2018 – QUALCOMM INC – 2018 CREDIT AGREEMENT AMENDMENT EXTENDS AUTOMATIC TERMINATION DATE OF TERM COMMITMENTS UNDER 2018 CREDIT AGREEMENT; 25/04/2018 – Qualcomm easing licensing terms in bid to strike deals; 18/04/2018 – IBD: Facebook To Design Own Chips, Cut Back On Intel, Qualcomm Reliance; 16/03/2018 – QUALCOMM BOARD IS SAID TO BE MEETING NOW, DISCUSSING JACOBS: DJ; 25/04/2018 – CORRECTED: Qualcomm earnings: 80 cents per share, vs 70 cents expected; 25/05/2018 – Qualcomm Executives to Get Severance If They’re Fired After Sale

More recent Honeywell International Inc. (NYSE:HON) news were published by: Seekingalpha.com which released: “Could Aerospace Tariffs Affect Honeywell International?” on July 18, 2018. Also Fool.com published the news titled: “Honeywell Boosts Guidance: Time to Buy the Stock?” on July 31, 2018. Seekingalpha.com‘s news article titled: “Honeywell’s Story Getting A Little Sweeter” with publication date: July 24, 2018 was also an interesting one.

Since February 14, 2018, it had 0 insider buys, and 5 selling transactions for $20.18 million activity. Mahoney Timothy O. had sold 114,489 shares worth $17.20M. $426,291 worth of Honeywell International Inc. (NYSE:HON) was sold by Deily Linnet F. The insider Kapur Vimal sold 9,996 shares worth $1.59 million.

Investors sentiment decreased to 0.91 in Q1 2018. Its down 0.20, from 1.11 in 2017Q4. It worsened, as 64 investors sold HON shares while 536 reduced holdings. 110 funds opened positions while 434 raised stakes. 518.09 million shares or 2.49% less from 531.30 million shares in 2017Q4 were reported. Brookstone Cap Mngmt has invested 0.03% in Honeywell International Inc. (NYSE:HON). Comerica Bank owns 0.26% invested in Honeywell International Inc. (NYSE:HON) for 248,169 shares. First Amer Comml Bank stated it has 49,717 shares or 0.54% of all its holdings. Burke & Herbert Retail Bank & Tru Com owns 0.58% invested in Honeywell International Inc. (NYSE:HON) for 4,485 shares. Rhumbline Advisers holds 0.39% of its portfolio in Honeywell International Inc. (NYSE:HON) for 1.29M shares. Gideon Cap Advisors holds 0.14% of its portfolio in Honeywell International Inc. (NYSE:HON) for 1,551 shares. Baxter Bros invested in 33,590 shares. Polar Cap Llp, a United Kingdom-based fund reported 59,517 shares. World Asset Mngmt reported 46,386 shares. Sterneck Capital Ltd Liability Com has 1,452 shares. Balasa Dinverno & Foltz Ltd Llc invested in 4,649 shares. Stewart Patten Lc holds 2,260 shares or 0.06% of its portfolio. Sandy Spring Bancshares invested in 0.34% or 26,939 shares. 50,128 are owned by Pictet And Cie (Europe). Bp Pcl has invested 0.45% in Honeywell International Inc. (NYSE:HON).

Tompkins Financial Corp, which manages about $632.79 million and $446.43M US Long portfolio, decreased its stake in Vanguard Admiral Fds Inc 500 Grth Idx F (VOOG) by 74,888 shares to 121,575 shares, valued at $16.92 million in 2018Q1, according to the filing. It also reduced its holding in National Retail Pptys Inc (NYSE:NNN) by 47,933 shares in the quarter, leaving it with 1,916 shares, and cut its stake in Oppenheimer Rev Weighted Etfsmall Cap Rev Et.

Among 22 analysts covering Honeywell International Inc. (NYSE:HON), 18 have Buy rating, 0 Sell and 4 Hold. Therefore 82% are positive. Honeywell International Inc. had 101 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, August 24, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained Honeywell International Inc. (NYSE:HON) on Thursday, December 14 with “Buy” rating. The firm has “Buy” rating given on Tuesday, July 21 by Argus Research. The stock of Honeywell International Inc. (NYSE:HON) earned “Buy” rating by Cowen & Co on Monday, January 22. The firm has “Buy” rating given on Monday, April 23 by Stifel Nicolaus. As per Monday, June 6, the company rating was maintained by UBS. The rating was maintained by Jefferies with “Buy” on Friday, May 26. The firm earned “Strong-Buy” rating on Friday, August 28 by Vetr. Oppenheimer maintained it with “Outperform” rating and $128 target in Monday, April 25 report. Citigroup maintained it with “Buy” rating and $170 target in Monday, October 9 report.

Since February 27, 2018, it had 0 insider buys, and 8 sales for $4.87 million activity. Rosenberg Donald J sold $618,603 worth of stock or 11,670 shares. 50,126 shares were sold by THOMPSON JAMES H, worth $3.14M on Friday, March 9. AMON CRISTIANO R sold 16,082 shares worth $852,989.

Hl Financial Services Llc, which manages about $5.64B US Long portfolio, upped its stake in Zoetis Inc (NYSE:ZTS) by 10,333 shares to 136,761 shares, valued at $11.42M in 2018Q1, according to the filing. It also increased its holding in Berkshire Hathaway Inc (BRKB) by 17,029 shares in the quarter, for a total of 666,913 shares, and has risen its stake in Expeditors Intl Wash Inc (NASDAQ:EXPD).

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 2 Sell and 19 Hold. Therefore 43% are positive. Qualcomm Inc. had 160 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by CLSA on Monday, January 23 to “Underperform”. The stock has “Buy” rating by Goldman Sachs on Thursday, July 21. As per Thursday, July 20, the company rating was maintained by Raymond James. The rating was maintained by Cowen & Co with “Outperform” on Thursday, July 21. The company was maintained on Friday, May 26 by Stifel Nicolaus. BMO Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Wednesday, April 25. BMO Capital Markets has “Hold” rating and $5500 target. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, July 21. As per Tuesday, August 22, the company rating was maintained by KeyBanc Capital Markets. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by Canaccord Genuity on Wednesday, November 1. Canaccord Genuity maintained it with “Buy” rating and $86.0 target in Tuesday, March 13 report.

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.05, from 0.83 in 2017Q4. It fall, 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. Virginia Retirement Et Al owns 261,100 shares for 0.17% of their portfolio. Lipe & Dalton invested 0.8% in QUALCOMM Incorporated (NASDAQ:QCOM). Hanson Doremus Invest Management holds 0% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 250 shares. 264,666 were reported by First Long Island Investors Ltd Liability. Nelson Roberts Inv Advsrs Ltd Liability has 1.37% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Fca Tx invested in 5,010 shares. Edgestream Prtn Limited Partnership holds 0.86% in QUALCOMM Incorporated (NASDAQ:QCOM) or 79,022 shares. Plante Moran Financial Advisors Limited Liability Co has 484 shares for 0.01% of their portfolio. Gulf International Fincl Bank (Uk) Ltd owns 466,658 shares or 0.34% of their US portfolio. Neuberger Berman Group Inc has 0.07% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 1.11 million shares. Zacks Investment Management has invested 0.65% in QUALCOMM Incorporated (NASDAQ:QCOM). Reliance Tru Of Delaware reported 11,215 shares. Wealthfront Incorporated has invested 0.03% in QUALCOMM Incorporated (NASDAQ:QCOM). State Of Wisconsin Board holds 0.28% or 1.78M shares. Nomura Asset Communication Ltd has 530,519 shares for 0.32% of their portfolio.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on November, 7. They expect $0.69 EPS, down 15.85% or $0.13 from last year’s $0.82 per share. QCOM’s profit will be $1.01B for 23.49 P/E if the $0.69 EPS becomes a reality. After $0.91 actual EPS reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -24.18% negative EPS growth.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Fool.com which released: “Qualcomm’s Bid to Buy NXP Semiconductors Falls Through” on August 06, 2018, also Globenewswire.com with their article: “Hagens Berman Reminds Investors in Qualcomm Incorporated (NASDAQ: QCOM) of the August 7, 2018 Securities …” published on July 31, 2018, Investorplace.com published: “Qualcomm to Unveil Smartwatch Processor Sept. 10” on August 09, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Will Top-Line Woes Hurt Qualcomm’s (QCOM) Earnings in Q3?” published on July 23, 2018 as well as Fool.com‘s news article titled: “Qualcomm Admits That It Just Lost the iPhone to Intel” with publication date: August 03, 2018.

Honeywell International Inc. (NYSE:HON) Institutional Positions Chart

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