As Qualcomm (QCOM) Share Value Declined, Shareholder River Road Asset Management Has Upped Its Stake; Lakewood Capital Management LP Has Decreased Its Hca Healthcare (HCA) Stake as Stock Rose

August 12, 2018 - By Pearl Odom

HCA Healthcare, Inc. (NYSE:HCA) Logo

River Road Asset Management Llc increased its stake in Qualcomm Incorporated (QCOM) by 24.24% based on its latest 2018Q1 regulatory filing with the SEC. River Road Asset Management Llc bought 212,270 shares as the company’s stock declined 10.48% with the market. The institutional investor held 1.09M shares of the radio and television broadcasting and communications equipment company at the end of 2018Q1, valued at $60.29M, up from 875,732 at the end of the previous reported quarter. River Road Asset Management Llc who had been investing in Qualcomm Incorporated for a number of months, seems to be bullish on the $95.23B market cap company. The stock decreased 0.40% or $0.26 during the last trading session, reaching $64.82. About 6.74 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since August 12, 2017 and is uptrending. It has underperformed by 9.99% the S&P500. Some Historical QCOM News: 05/03/2018 – Qualcomm takeover battle intervention shows U.S. security panel’s expanding reach; 16/03/2018 – Yahoo! Finance: Qualcomm discussing Jacobs leaving board of directors; 12/04/2018 – JACOBS IS SAID TO BE MAKING PROGRESS IN QUALCOMM BID FUNDING; 12/03/2018 – Recode Daily: Intel may join the Broadcom-Qualcomm fight; 15/03/2018 – TOBII AND QUALCOMM COLLABORATE TO BRING EYE TRACKING TO MOBILE VR/AR HEADSETS; 12/03/2018 – BREAKING: President Trump blocks Broadcom’s takeover of Qualcomm; 12/03/2018 – FierceWireless: BREAKING: President Trump issued a presidential order barring Broadcom from purchasing Qualcomm; 13/04/2018 – Delay Could Scuttle Qualcomm Purchase of NXP; 13/03/2018 – Bloomberg Asia: Broadcom will formally abandon its bid to acquire Qualcomm; 12/03/2018 – US says it has confirmed national security concerns over Broadcom-Qualcomm deal

Lakewood Capital Management Lp decreased its stake in Hca Healthcare Inc (HCA) by 3.42% based on its latest 2018Q1 regulatory filing with the SEC. Lakewood Capital Management Lp sold 73,000 shares as the company’s stock rose 3.67% while stock markets declined. The hedge fund held 2.06 million shares of the health care company at the end of 2018Q1, valued at $200.21M, down from 2.14M at the end of the previous reported quarter. Lakewood Capital Management Lp who had been investing in Hca Healthcare Inc for a number of months, seems to be less bullish one the $44.35B market cap company. The stock decreased 0.02% or $0.03 during the last trading session, reaching $128.17. About 1.29 million shares traded. HCA Healthcare, Inc. (NYSE:HCA) has risen 24.76% since August 12, 2017 and is uptrending. It has outperformed by 12.19% the S&P500. Some Historical HCA News: 17/05/2018 – HCA Healthcare’s Gulf Coast Division’s Nations, Kimmel Named HBJ Healthcare Heroes; 01/05/2018 – HCA HEALTHCARE 1Q ADJ EPS $3.18, EST. $2.08; 21/03/2018 – Brian Cook Named President of HCA’s Far West Division; 13/03/2018 – HCA HEALTHCARE – ENTERED INTO ADDITIONAL JOINDER AGREEMENT WITH NEW APPROXIMATELY $1.166 BLN SENIOR SECURED TERM B-11 LOAN CREDIT FACILITY; 01/05/2018 – HCA Healthcare Latest 1Q Includes $92 Million Tax Benefit; 09/04/2018 – Moody’s Cites HCA’s Continued Track Record of Stable Operating Performance and Strong Cash Flow; 01/05/2018 – HCA HEALTHCARE 1Q ADJ EBITDA $2.12B, EST. $2.10B; 04/05/2018 – FOCUS-Hospital operator HCA spends big to keep nurses on board; 21/05/2018 – HCA Healthcare Presenting at UBS Conference Tomorrow; 09/04/2018 – HCA HEALTHCARE’S CFR TO Ba1 FROM Ba2 BY MOODY’S

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.05, from 0.83 in 2017Q4. It turned negative, 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. Greenwood Cap Ltd Company reported 40,332 shares. Golub Grp Inc Lc has invested 0.03% in QUALCOMM Incorporated (NASDAQ:QCOM). Texas-based Moody Fincl Bank Tru Division has invested 0.04% in QUALCOMM Incorporated (NASDAQ:QCOM). First Allied Advisory Svcs has invested 0.22% in QUALCOMM Incorporated (NASDAQ:QCOM). Jolley Asset Mgmt Ltd Company holds 2.75% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 82,027 shares. 273,342 were reported by Shell Asset Com. British Columbia Investment Mgmt holds 0.28% or 652,761 shares in its portfolio. Employees Retirement Association Of Colorado invested in 263,555 shares or 0.1% of the stock. Atlantic Trust Gru Ltd Liability has 0.57% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 2.38 million shares. M&R Mngmt stated it has 0.03% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Carroll Assoc Incorporated holds 7,215 shares. Messner And Smith Theme Value Management Ltd Ca reported 7,200 shares. Comerica Securities holds 0.15% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 21,207 shares. Reynders Mcveigh Cap stated it has 0% in QUALCOMM Incorporated (NASDAQ:QCOM). Two Sigma Secs Ltd Liability Corp holds 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 26,281 shares.

Since February 27, 2018, it had 0 buys, and 8 insider sales for $4.87 million activity. Rosenberg Donald J sold 11,670 shares worth $618,603. $852,989 worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by AMON CRISTIANO R. Shares for $3.14M were sold by THOMPSON JAMES H.

River Road Asset Management Llc, which manages about $10.26 billion and $4.92B US Long portfolio, decreased its stake in Lyondellbasell Industries Nv (NYSE:LYB) by 99,986 shares to 310,130 shares, valued at $32.78 million in 2018Q1, according to the filing. It also reduced its holding in Air Transport Services Group (NASDAQ:ATSG) by 78,330 shares in the quarter, leaving it with 595,049 shares, and cut its stake in Magellan Midstream Partners L (NYSE:MMP).

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 Nasdaq.com with their article: “Qualcomm (QCOM) Stock Soars as Earnings Smash Expectations” published on July 26, 2018, Seekingalpha.com published: “Qualcomm Bouncing Back” on August 09, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: 247Wallst.com and their article: “Is Qualcomm, NXP Deal Taking Its Last Breath?” published on July 23, 2018 as well as Seekingalpha.com‘s news article titled: “Qualcomm, It’s Finally Back In Black” with publication date: July 29, 2018.

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. Northland Capital maintained the stock with “Buy” rating in Friday, June 23 report. The stock has “Neutral” rating by Mizuho on Thursday, January 14. The rating was initiated by Pacific Crest on Friday, December 4 with “Overweight”. Nomura upgraded the stock to “Buy” rating in Monday, October 31 report. Morgan Stanley maintained the stock with “Underweight” rating in Monday, March 19 report. The company was maintained on Thursday, November 2 by Stifel Nicolaus. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Thursday, November 10 report. Cowen & Co maintained the shares of QCOM in report on Thursday, November 5 with “Outperform” rating. Mizuho maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Friday, February 12 with “Neutral” rating. Stifel Nicolaus maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, August 24. Stifel Nicolaus has “Buy” rating and $65.0 target.

Since February 14, 2018, it had 2 buys, and 16 insider sales for $33.93 million activity. The insider Reiner Deborah M sold 1,204 shares worth $126,420. $596,580 worth of stock was sold by Englebright Jane D. on Monday, May 14. Hall Charles J had sold 119,637 shares worth $11.98M. Morrow J William had sold 4,977 shares worth $604,795 on Thursday, July 26. 1,750 HCA Healthcare, Inc. (NYSE:HCA) shares with value of $187,023 were sold by Torres Kathryn A.. Cuffe Michael S. had sold 5,313 shares worth $665,487 on Thursday, July 26.

More notable recent HCA Healthcare, Inc. (NYSE:HCA) news were published by: Nasdaq.com which released: “Consolidated Research: 2018 Summary Expectations for HCA Healthcare, The AES, Hercules Capital, Carrizo Oil …” on August 09, 2018, also Fool.com with their article: “HCA Healthcare Reports Positive Earnings” published on July 27, 2018, Businesswire.com published: “HCA Announces Proposed Public Offering of Senior Notes” on August 09, 2018. More interesting news about HCA Healthcare, Inc. (NYSE:HCA) were released by: Fool.com and their article: “Why HCA Healthcare, Inc. Stock Jumped Today” published on July 25, 2018 as well as Finance.Yahoo.com‘s news article titled: “You Better Be Careful with Merck Stock, Especially at These Highs” with publication date: August 10, 2018.

Analysts await HCA Healthcare, Inc. (NYSE:HCA) to report earnings on October, 30. They expect $1.93 EPS, up 59.50% or $0.72 from last year’s $1.21 per share. HCA’s profit will be $667.87 million for 16.60 P/E if the $1.93 EPS becomes a reality. After $2.29 actual EPS reported by HCA Healthcare, Inc. for the previous quarter, Wall Street now forecasts -15.72% negative EPS growth.

Among 30 analysts covering HCA Holdings (NYSE:HCA), 20 have Buy rating, 2 Sell and 8 Hold. Therefore 67% are positive. HCA Holdings had 104 analyst reports since August 6, 2015 according to SRatingsIntel. As per Tuesday, January 17, the company rating was upgraded by Avondale. The stock of HCA Healthcare, Inc. (NYSE:HCA) has “Market Perform” rating given on Monday, January 4 by Wells Fargo. The stock of HCA Healthcare, Inc. (NYSE:HCA) has “Neutral” rating given on Wednesday, January 3 by PiperJaffray. The stock of HCA Healthcare, Inc. (NYSE:HCA) has “Neutral” rating given on Wednesday, July 26 by Citigroup. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 2. The stock of HCA Healthcare, Inc. (NYSE:HCA) has “Neutral” rating given on Thursday, December 17 by Goldman Sachs. The stock of HCA Healthcare, Inc. (NYSE:HCA) has “Equal-Weight” rating given on Wednesday, June 7 by Morgan Stanley. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, August 17. Longbow downgraded HCA Healthcare, Inc. (NYSE:HCA) on Wednesday, January 6 to “Market Perform” rating. Piper Jaffray maintained HCA Healthcare, Inc. (NYSE:HCA) on Tuesday, October 31 with “Buy” rating.

Investors sentiment increased to 0.96 in 2018 Q1. Its up 0.18, from 0.78 in 2017Q4. It increased, as 38 investors sold HCA shares while 194 reduced holdings. 94 funds opened positions while 129 raised stakes. 243.77 million shares or 2.87% less from 250.97 million shares in 2017Q4 were reported. Meiji Yasuda Asset Management Communications Ltd accumulated 3,860 shares or 0.04% of the stock. First Trust Advisors Limited Partnership reported 199,017 shares or 0.04% of all its holdings. American Century Cos Incorporated accumulated 1.80 million shares. Point72 Asia (Hong Kong) Ltd reported 2,162 shares. United Fincl Advisers Llc has 0.01% invested in HCA Healthcare, Inc. (NYSE:HCA) for 7,785 shares. Massachusetts Commerce Ma stated it has 548,368 shares or 0.02% of all its holdings. Tennessee-based Ftb Advsr Incorporated has invested 0.01% in HCA Healthcare, Inc. (NYSE:HCA). Whittier Trust Com invested 0% in HCA Healthcare, Inc. (NYSE:HCA). Knightsbridge Asset Mngmt Ltd Llc stated it has 6.66% in HCA Healthcare, Inc. (NYSE:HCA). Lakewood Mngmt LP reported 6.5% in HCA Healthcare, Inc. (NYSE:HCA). Nomura Hldg accumulated 47,471 shares. Telemus Ltd Liability Corp reported 0.12% of its portfolio in HCA Healthcare, Inc. (NYSE:HCA). Moreover, Scotia has 0.04% invested in HCA Healthcare, Inc. (NYSE:HCA) for 29,171 shares. Rock Springs Lp stated it has 1.57% of its portfolio in HCA Healthcare, Inc. (NYSE:HCA). Intrust Natl Bank Na holds 73,797 shares.

Lakewood Capital Management Lp, which manages about $3.08 billion US Long portfolio, upped its stake in Westrock Co by 722,000 shares to 2.91 million shares, valued at $186.50 million in 2018Q1, according to the filing. It also increased its holding in Bmc Stk Hldgs Inc by 755,000 shares in the quarter, for a total of 1.73 million shares, and has risen its stake in Baidu Inc (NASDAQ:BIDU).

QUALCOMM Incorporated (NASDAQ:QCOM) 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.

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 Posts