As Commscope Holding Co (COMM) Shares Declined, James Investment Research Has Boosted Holding by $1.14 Million; As Qualcomm (QCOM) Market Valuation Rose, Dearborn Partners Has Trimmed by $1.99 Million Its Stake

December 8, 2017 - By Adrian Mccoy

Dearborn Partners Llc decreased its stake in Qualcomm Inc (QCOM) by 7.43% based on its latest 2017Q2 regulatory filing with the SEC. Dearborn Partners Llc sold 36,200 shares as the company’s stock rose 2.14% with the market. The institutional investor held 451,026 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q2, valued at $24.91M, down from 487,226 at the end of the previous reported quarter. Dearborn Partners Llc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $96.16 billion market cap company. The stock increased 0.38% or $0.25 during the last trading session, reaching $65.23. About 8.75 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since December 8, 2016 and is uptrending. It has underperformed by 7.39% the S&P500.

James Investment Research Inc increased its stake in Commscope Holding Co Inc (COMM) by 326.23% based on its latest 2017Q2 regulatory filing with the SEC. James Investment Research Inc bought 30,095 shares as the company’s stock declined 6.21% while stock markets rallied. The institutional investor held 39,320 shares of the technology company at the end of 2017Q2, valued at $1.50M, up from 9,225 at the end of the previous reported quarter. James Investment Research Inc who had been investing in Commscope Holding Co Inc for a number of months, seems to be bullish on the $7.14 billion market cap company. The stock increased 1.44% or $0.53 during the last trading session, reaching $37.41. About 2.27M shares traded or 58.37% up from the average. CommScope Holding Company, Inc. (NASDAQ:COMM) has risen 25.42% since December 8, 2016 and is uptrending. It has outperformed by 8.72% the S&P500.

James Investment Research Inc, which manages about $5.64B and $3.23 billion US Long portfolio, decreased its stake in Westlake Chemical Co (NYSE:WLK) by 4,743 shares to 267,461 shares, valued at $17.71 million in 2017Q2, according to the filing. It also reduced its holding in Avnet Inc. (NYSE:AVT) by 250,863 shares in the quarter, leaving it with 54,460 shares, and cut its stake in Pfizer Incorporated (NYSE:PFE).

Investors sentiment decreased to 1.24 in Q2 2017. Its down 0.03, from 1.27 in 2017Q1. It is negative, as 52 investors sold COMM shares while 81 reduced holdings. 59 funds opened positions while 106 raised stakes. 192.66 million shares or 3.50% more from 186.14 million shares in 2017Q1 were reported. Voya Investment Limited Liability has 0.01% invested in CommScope Holding Company, Inc. (NASDAQ:COMM). 124,350 are held by Daiwa Secs Gru. 211,130 were reported by Prudential Fin. Goodnow Invest Gru Limited Liability Company reported 6.6% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Dekabank Deutsche Girozentrale reported 0.02% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Md Sass Investors Services has 1.18M shares for 2.93% of their portfolio. British Columbia reported 79,722 shares stake. 115,541 were reported by Alliancebernstein Limited Partnership. Thrivent Financial For Lutherans holds 0.01% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM) for 37,610 shares. California Employees Retirement owns 398,800 shares. 79,124 were reported by Hollow Brook Wealth Mngmt Limited Com. Benjamin F Edwards Incorporated holds 0% in CommScope Holding Company, Inc. (NASDAQ:COMM) or 47 shares. 23,590 are owned by Nomura Asset Mngmt. New York-based Howe And Rusling has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Cambridge Advisors Incorporated invested in 5,670 shares or 0% of the stock.

Among 12 analysts covering CommScope Holding (NASDAQ:COMM), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. CommScope Holding has $4300 highest and $22 lowest target. $36.32’s average target is -2.91% below currents $37.41 stock price. CommScope Holding had 30 analyst reports since July 24, 2015 according to SRatingsIntel. On Tuesday, June 6 the stock rating was maintained by Jefferies with “Buy”. Northland Capital maintained CommScope Holding Company, Inc. (NASDAQ:COMM) rating on Tuesday, November 10. Northland Capital has “Market Perform” rating and $22 target. The rating was maintained by Citigroup on Thursday, November 2 with “Buy”. On Thursday, December 17 the stock rating was upgraded by JP Morgan to “Overweight”. The stock of CommScope Holding Company, Inc. (NASDAQ:COMM) has “Outperform” rating given on Tuesday, February 16 by Raymond James. Goldman Sachs upgraded CommScope Holding Company, Inc. (NASDAQ:COMM) on Monday, May 9 to “Buy” rating. Jefferies maintained the stock with “Buy” rating in Thursday, August 3 report. On Friday, August 4 the stock rating was downgraded by Barclays Capital to “Hold”. The rating was initiated by Citigroup on Tuesday, December 20 with “Buy”. Barclays Capital maintained the shares of COMM in report on Tuesday, November 10 with “Overweight” rating.

Another recent and important CommScope Holding Company, Inc. (NASDAQ:COMM) news was published by Businesswire.com which published an article titled: “CommScope Announces Participation in Investor Conferences” on November 27, 2017.

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.05, from 1.03 in 2017Q1. It dropped, as 89 investors sold QCOM shares while 481 reduced holdings. 107 funds opened positions while 451 raised stakes. 1.11 billion shares or 0.00% more from 1.11 billion shares in 2017Q1 were reported. First Long Island Investors reported 252,781 shares. 13,430 were accumulated by Hall Laurie J Trustee. Causeway Cap Mgmt Llc reported 2.74% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Madison Investment Holding holds 0.29% or 286,864 shares in its portfolio. Becker Capital Mgmt Inc stated it has 712,552 shares or 1.41% of all its holdings. Ccm Investment Advisers Ltd Llc holds 1.79% or 165,985 shares in its portfolio. Rothschild Investment Corp Il stated it has 211,825 shares or 1.33% of all its holdings. Rockefeller Fincl Svcs reported 87,078 shares. Bokf Na stated it has 0.14% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). 16,989 are held by Old Mutual Global Investors (Uk) Ltd. National Bank Of Nova Scotia invested in 485,660 shares or 0.14% of the stock. Horrell Capital reported 750 shares. 20,731 are owned by Pacific Glob Invest. Amarillo Retail Bank holds 6,230 shares or 0.12% of its portfolio. Birinyi Inc has 4,000 shares for 0.1% of their portfolio.

Dearborn Partners Llc, which manages about $1.48B and $1.35B US Long portfolio, upped its stake in Republic Services Inc (NYSE:RSG) by 14,701 shares to 451,059 shares, valued at $28.75 million in 2017Q2, according to the filing. It also increased its holding in Cvs Health Corp (NYSE:CVS) by 5,253 shares in the quarter, for a total of 229,770 shares, and has risen its stake in Coca Cola Co (NYSE:KO).

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 1 Sell and 20 Hold. Therefore 42% are positive. Qualcomm Inc. had 122 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, November 20 by BMO Capital Markets. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, November 8. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, November 1. The firm has “Neutral” rating by Citigroup given on Wednesday, December 21. The rating was maintained by Raymond James with “Hold” on Thursday, July 20. On Thursday, July 23 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Buy” rating given on Thursday, November 2 by Stifel Nicolaus. The firm earned “Outperform” rating on Thursday, November 5 by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, November 19 report. The company was maintained on Thursday, November 5 by Canaccord Genuity.

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