Green Square Capital Has Decreased Its Qualcomm (QCOM) Position by $507,297 as Stock Value Rose; Citigroup Has Raised Mercadolibre (MELI) Holding by $10.45 Million

February 20, 2018 - By mmahotstuff

Green Square Capital Llc decreased its stake in Qualcomm Inc (QCOM) by 8.9% based on its latest 2017Q3 regulatory filing with the SEC. Green Square Capital Llc sold 9,947 shares as the company’s stock rose 2.14% with the market. The hedge fund held 101,874 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $5.28M, down from 111,821 at the end of the previous reported quarter. Green Square Capital Llc who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $94.18B market cap company. The stock decreased 1.90% or $1.23 during the last trading session, reaching $63.62. About 14.72 million shares traded or 35.82% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since February 20, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

Citigroup Inc increased its stake in Mercadolibre Inc (MELI) by 1396.31% based on its latest 2017Q3 regulatory filing with the SEC. Citigroup Inc bought 40,493 shares as the company’s stock rose 37.36% with the market. The institutional investor held 43,393 shares of the miscellaneous company at the end of 2017Q3, valued at $11.24M, up from 2,900 at the end of the previous reported quarter. Citigroup Inc who had been investing in Mercadolibre Inc for a number of months, seems to be bullish on the $16.44 billion market cap company. The stock increased 0.66% or $2.43 during the last trading session, reaching $372.3. About 270,504 shares traded. Mercadolibre, Inc. (NASDAQ:MELI) has risen 106.82% since February 20, 2017 and is uptrending. It has outperformed by 90.12% the S&P500.

Investors sentiment decreased to 1.16 in 2017 Q3. Its down 0.21, from 1.37 in 2017Q2. It dropped, as 42 investors sold MELI shares while 92 reduced holdings. 46 funds opened positions while 109 raised stakes. 35.73 million shares or 0.12% less from 35.78 million shares in 2017Q2 were reported. Amer Insur Communication Tx has 0.08% invested in Mercadolibre, Inc. (NASDAQ:MELI). Inv House Ltd Liability holds 0.06% of its portfolio in Mercadolibre, Inc. (NASDAQ:MELI) for 1,790 shares. Ubs Asset Americas Incorporated reported 109,266 shares or 0.03% of all its holdings. Zevenbergen Invests Limited Liability Co accumulated 395,244 shares. Wisconsin-based Artisan Partners LP has invested 0.04% in Mercadolibre, Inc. (NASDAQ:MELI). Pillar Pacific Mngmt Limited Liability stated it has 3,295 shares. Hap Trading Lc has 0.38% invested in Mercadolibre, Inc. (NASDAQ:MELI). Agf has 0% invested in Mercadolibre, Inc. (NASDAQ:MELI) for 50 shares. Qs Invsts Ltd Liability Corporation invested in 0% or 3 shares. The Washington-based Fisher Asset Mgmt Limited Liability Corp has invested 0% in Mercadolibre, Inc. (NASDAQ:MELI). Fincl Bank Of Mellon holds 0% or 44,068 shares. California State Teachers Retirement System holds 0% or 1,787 shares. 828 were reported by Regal Investment Advisors Lc. Tower Research Capital Ltd Liability Corp (Trc) accumulated 188 shares. Connor Clark & Lunn Investment invested in 19,529 shares or 0.03% of the stock.

Among 15 analysts covering MercadoLibre (NASDAQ:MELI), 5 have Buy rating, 2 Sell and 8 Hold. Therefore 33% are positive. MercadoLibre had 38 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Buy” on Thursday, July 13. KeyBanc Capital Markets maintained Mercadolibre, Inc. (NASDAQ:MELI) on Tuesday, September 5 with “Buy” rating. The stock of Mercadolibre, Inc. (NASDAQ:MELI) earned “Overweight” rating by Barclays Capital on Friday, August 4. JP Morgan downgraded the shares of MELI in report on Tuesday, May 16 to “Neutral” rating. Piper Jaffray maintained Mercadolibre, Inc. (NASDAQ:MELI) rating on Friday, August 5. Piper Jaffray has “Overweight” rating and $185 target. As per Monday, March 14, the company rating was maintained by JP Morgan. The stock of Mercadolibre, Inc. (NASDAQ:MELI) has “Sell” rating given on Wednesday, December 20 by Citigroup. The rating was downgraded by Goldman Sachs to “Neutral” on Tuesday, June 13. The firm earned “Buy” rating on Monday, June 19 by Citigroup. The rating was initiated by Goldman Sachs with “Neutral” on Tuesday, August 9.

Citigroup Inc, which manages about $122.18B US Long portfolio, decreased its stake in Ishares Tr (AAXJ) by 136,643 shares to 113,357 shares, valued at $8.19 million in 2017Q3, according to the filing. It also reduced its holding in Centurylink Inc (NYSE:CTL) by 34,318 shares in the quarter, leaving it with 233,182 shares, and cut its stake in Albany Intl Corp (NYSE:AIN).

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.13, from 0.98 in 2017Q2. It is negative, as 83 investors sold QCOM shares while 490 reduced holdings. 89 funds opened positions while 397 raised stakes. 1.10 billion shares or 0.88% less from 1.11 billion shares in 2017Q2 were reported. Nikko Asset Management Americas invested in 0.52% or 206,700 shares. Bank Of Nova Scotia invested 0% in QUALCOMM Incorporated (NASDAQ:QCOM). Rowland Co Counsel Adv owns 84,338 shares for 1.98% of their portfolio. Invesco Limited holds 0.47% in QUALCOMM Incorporated (NASDAQ:QCOM) or 24.42M shares. Parametric Portfolio Assocs Ltd has invested 0.23% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Wendell David Associates owns 51,973 shares for 0.48% of their portfolio. Huntington State Bank holds 0.13% in QUALCOMM Incorporated (NASDAQ:QCOM) or 153,006 shares. Philadelphia Tru stated it has 273,218 shares. Altavista Wealth Management stated it has 0.27% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). The New York-based Sg Americas Lc has invested 0.05% in QUALCOMM Incorporated (NASDAQ:QCOM). Blue Chip Prtnrs invested in 0.79% or 47,468 shares. Freestone Capital Lc stated it has 356,476 shares. Synovus Fin Corporation holds 33,533 shares or 0.03% of its portfolio. Bridges Mngmt, a Nebraska-based fund reported 77,607 shares. The Michigan-based Liberty Capital has invested 0.19% in QUALCOMM Incorporated (NASDAQ:QCOM).

Green Square Capital Llc, which manages about $1.82 billion and $554.35M US Long portfolio, upped its stake in Ishares Currency Hedged Msci Eafe Etf (HEFA) by 106,297 shares to 559,293 shares, valued at $16.19M in 2017Q3, according to the filing. It also increased its holding in Financial Select Sector Spdr (XLF) by 13,713 shares in the quarter, for a total of 65,837 shares, and has risen its stake in Mid (NYSE:MAA).

Since August 28, 2017, it had 0 buys, and 5 sales for $2.92 million activity. $2.81M worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by GROB MATTHEW S.

- 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:


>