Utah Med Prods Com (UTMD) Stock Rose While Ancora Advisors Raised Its Stake; As Qualcomm (QCOM) Stock Declined, Barton Investment Management Trimmed Its Stake by $328,900

August 10, 2018 - By Rhonda Roth

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Barton Investment Management decreased its stake in Qualcomm (QCOM) by 5.09% based on its latest 2018Q1 regulatory filing with the SEC. Barton Investment Management sold 5,980 shares as the company’s stock declined 10.48% with the market. The institutional investor held 111,588 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q1, valued at $6.18 million, down from 117,568 at the end of the previous reported quarter. Barton Investment Management who had been investing in Qualcomm for a number of months, seems to be less bullish one the $94.82 billion market cap company. The stock decreased 0.83% or $0.54 during the last trading session, reaching $64.54. About 4.65M 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: 12/04/2018 – JACOBS IS SAID TO BE MAKING PROGRESS IN QUALCOMM BID FUNDING; 29/05/2018 – Qualcomm is said to meet with China regulators in push to clear $44 billion NXP deal; 16/04/2018 – U.S. bans American companies from selling to Chinese phone maker ZTE; 08/05/2018 – Fone Arena: Google, Qualcomm team up to support fast commercial availability of Android P; 15/03/2018 – BROADCOM SAYS QUALCOMM WAS A UNIQUE OPPORTUNITY; 15/03/2018 – Qualcomm’s Former Chairman Seeks Funding for Buyout, FT Reports; 21/05/2018 – QUALCOMM CASH OFFERS FOR 4 SERIES OF NOTES OPEN TO RETAIL HLDRS; 16/03/2018 – Qualcomm ousts Jacobs as director over buyout plan; 18/04/2018 – Simply Telecom: Former Qualcomm chairman explores long-shot bid for U.S. chip maker; 25/04/2018 – QUALCOMM REMAINS CONFIDENT OF GETTING NXP APPROVAL IN CHINA

Ancora Advisors Llc increased its stake in Utah Med Prods Inc Com (UTMD) by 13.12% based on its latest 2018Q1 regulatory filing with the SEC. Ancora Advisors Llc bought 9,229 shares as the company’s stock rose 13.45% while stock markets declined. The hedge fund held 79,587 shares of the health care company at the end of 2018Q1, valued at $7.87 million, up from 70,358 at the end of the previous reported quarter. Ancora Advisors Llc who had been investing in Utah Med Prods Inc Com for a number of months, seems to be bullish on the $341.72 million market cap company. The stock decreased 1.98% or $1.85 during the last trading session, reaching $91.6. About 8,420 shares traded. Utah Medical Products, Inc. (NASDAQ:UTMD) has risen 57.69% since August 10, 2017 and is uptrending. It has outperformed by 45.12% the S&P500. Some Historical UTMD News: 14/05/2018 – Lazard Asset Buys New 3% Position in Utah Medical; 08/05/2018 – Utah Medical Products Declares Dividend of 27c; 26/04/2018 – Utah Medical Products, Inc. Reports Financial Performance for First Quarter 2018; 03/04/2018 Investor Expectations to Drive Momentum within Atrion, Curis, Independence Contract Drilling, Utah Medical Products, FutureFuel; 26/04/2018 – Utah Medical Products 1Q EPS $1.09; 08/05/2018 – Utah Medical Products, Inc. Announces Quarterly Dividend; 19/04/2018 – DJ Utah Medical Products Inc, Inst Holders, 1Q 2018 (UTMD)

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Seekingalpha.com which released: “NXPI Is ‘Significantly Undervalued’ After Qualcomm Merger Fails” on July 31, 2018, also Investorplace.com with their article: “Qualcomm to Unveil Smartwatch Processor Sept. 10” published on August 09, 2018, Globenewswire.com published: “Hagens Berman Reminds Investors in Qualcomm Incorporated (NASDAQ: QCOM) of the August 7, 2018 Securities …” on July 31, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: “Analysts boost Qualcomm on NXP deal end” published on July 26, 2018 as well as 247Wallst.com‘s news article titled: “Short Sellers Can’t Make Up Their Minds on Major Semiconductors” with publication date: August 10, 2018.

Since February 27, 2018, it had 0 insider buys, and 8 sales for $4.87 million activity. On Tuesday, May 8 the insider Rosenberg Donald J sold $618,603. THOMPSON JAMES H sold 50,126 shares worth $3.14 million. 16,082 QUALCOMM Incorporated (NASDAQ:QCOM) shares with value of $852,989 were sold by AMON CRISTIANO R.

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 stock has “Equal-Weight” rating by Barclays Capital on Monday, March 28. The company was maintained on Thursday, November 5 by Topeka Capital Markets. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Neutral” rating given on Wednesday, December 21 by Citigroup. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, August 24. As per Tuesday, November 14, the company rating was maintained by RBC Capital Markets. BMO Capital Markets maintained it with “Hold” rating and $5400 target in Monday, July 10 report. The firm has “Buy” rating given on Thursday, July 21 by Goldman Sachs. The firm earned “Overweight” rating on Thursday, February 1 by KeyBanc Capital Markets. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, July 23. As per Wednesday, April 4, the company rating was maintained by RBC Capital Markets.

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.05, from 0.83 in 2017Q4. It dropped, 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. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested 0.22% in QUALCOMM Incorporated (NASDAQ:QCOM). River Road Asset Mgmt Llc holds 1.09M shares or 1.22% of its portfolio. 3.13 million were accumulated by Canada Pension Plan Inv Board. Outfitter stated it has 24,730 shares. Lifeplan Financial Grp owns 627 shares for 0.02% of their portfolio. Ameritas Inv Partners stated it has 57,784 shares. Gulf Natl Bank (Uk) Limited stated it has 0.34% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Ing Groep Nv holds 0.38% or 383,532 shares. Univest Corp Of Pennsylvania accumulated 6,478 shares or 0.16% of the stock. Perigon Wealth Management Limited invested in 0.01% or 253 shares. Wellington Shields Cap Mgmt Limited Liability Corporation accumulated 3,800 shares. Public Employees Retirement Association Of Colorado has invested 0.1% in QUALCOMM Incorporated (NASDAQ:QCOM). Baker Avenue Asset Mngmt Limited Partnership has invested 1.21% in QUALCOMM Incorporated (NASDAQ:QCOM). Baystate Wealth Ltd Liability invested in 1,563 shares. Context Mgmt Limited reported 25,000 shares.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on November, 7. They expect $0.69 earnings per share, down 15.85% or $0.13 from last year’s $0.82 per share. QCOM’s profit will be $1.01 billion for 23.38 P/E if the $0.69 EPS becomes a reality. After $0.91 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -24.18% negative EPS growth.

Barton Investment Management, which manages about $298.36M and $542.27 million US Long portfolio, upped its stake in Blackline Inc by 212,360 shares to 357,680 shares, valued at $14.03M in 2018Q1, according to the filing.

Investors sentiment decreased to 1.21 in Q1 2018. Its down 0.54, from 1.75 in 2017Q4. It dived, as 8 investors sold UTMD shares while 25 reduced holdings. 18 funds opened positions while 22 raised stakes. 2.48 million shares or 3.44% more from 2.40 million shares in 2017Q4 were reported. Stratos Wealth Ltd invested in 0% or 465 shares. Ameritas Invest Prtn invested in 0% or 296 shares. Meeder Asset Management Inc accumulated 0% or 14 shares. Penobscot Investment reported 4,000 shares. Royal Financial Bank Of Canada has invested 0% in Utah Medical Products, Inc. (NASDAQ:UTMD). Ancora Advsr Limited Liability invested in 79,587 shares. Hancock Hldgs has invested 0.01% of its portfolio in Utah Medical Products, Inc. (NASDAQ:UTMD). Comml Bank Of America De holds 3,309 shares. Barclays Public Ltd Com owns 2,208 shares. State Street Corp, a Massachusetts-based fund reported 88,758 shares. Citigroup Inc stated it has 4,271 shares or 0% of all its holdings. Renaissance Technologies Lc stated it has 218,922 shares or 0.02% of all its holdings. Bessemer reported 0% in Utah Medical Products, Inc. (NASDAQ:UTMD). Fincl Bank Of New York Mellon invested in 0% or 24,410 shares. Thomson Horstmann & Bryant Incorporated has invested 0.56% in Utah Medical Products, Inc. (NASDAQ:UTMD).

Another recent and important Utah Medical Products, Inc. (NASDAQ:UTMD) news was published by Nasdaq.com which published an article titled: “Utah Medical Products, Inc. Reports Financial Performance for Second Quarter 2018” on July 24, 2018.

Ancora Advisors Llc, which manages about $3.12 billion and $2.22 billion US Long portfolio, decreased its stake in Nextera Energy Inc Com (NYSE:NEE) by 16,777 shares to 16,462 shares, valued at $2.69 million in 2018Q1, according to the filing. It also reduced its holding in Buckle Inc Com (NYSE:BKE) by 34,431 shares in the quarter, leaving it with 163,186 shares, and cut its stake in Vanguard Ftse Dev Mkts Etf (VEA).

Since February 15, 2018, it had 0 insider purchases, and 16 sales for $4.97 million activity. 1,614 Utah Medical Products, Inc. (NASDAQ:UTMD) shares with value of $168,525 were sold by HOYER ERNST G. $13,669 worth of Utah Medical Products, Inc. (NASDAQ:UTMD) was sold by CORNWELL KEVIN L on Thursday, February 15.

Utah Medical Products, Inc. (NASDAQ:UTMD) Institutional Positions Chart

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