Analysts See $1.68 EPS for Bank of Montreal (BMO); Bluefin Trading Has Lifted Qualcomm (QCOM) Position By $6.70 Million

May 20, 2018 - By Clifton Ray

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Bluefin Trading Llc increased Qualcomm Inc (QCOM) stake by 1680.82% reported in 2017Q4 SEC filing. Bluefin Trading Llc acquired 104,698 shares as Qualcomm Inc (QCOM)’s stock declined 15.28%. The Bluefin Trading Llc holds 110,927 shares with $7.10M value, up from 6,229 last quarter. Qualcomm Inc now has $85.27 billion valuation. The stock increased 0.98% or $0.56 during the last trading session, reaching $57.51. About 10.20M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since May 20, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Analysts expect Bank of Montreal (NYSE:BMO) to report $1.68 EPS on May, 30 before the open.They anticipate $0.23 EPS change or 15.86% from last quarter’s $1.45 EPS. BMO’s profit would be $1.07 billion giving it 11.67 P/E if the $1.68 EPS is correct. After having $1.68 EPS previously, Bank of Montreal’s analysts see 0.00% EPS growth. The stock decreased 1.15% or $0.91 during the last trading session, reaching $78.42. About 174,944 shares traded. Bank of Montreal (NYSE:BMO) has risen 0.84% since May 20, 2017 and is uptrending. It has underperformed by 10.71% the S&P500.

Bluefin Trading Llc decreased Spdr Series Trust (JNK) stake by 561,182 shares to 169,008 valued at $6.21 million in 2017Q4. It also reduced Amazon Com Inc (NASDAQ:AMZN) stake by 1,143 shares and now owns 320 shares. Altaba Inc was reduced too.

Since January 9, 2018, it had 0 insider purchases, and 8 insider sales for $7.62 million activity. $3.14M worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by THOMPSON JAMES H on Friday, March 9. ROGERS ALEXANDER H sold $48,627 worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, January 29. $852,989 worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by AMON CRISTIANO R on Tuesday, May 8. Rosenberg Donald J sold $618,603 worth of stock. GROB MATTHEW S sold $2.81M worth of stock or 43,000 shares.

Investors sentiment decreased to 0.83 in Q4 2017. Its down 0.02, from 0.85 in 2017Q3. It turned negative, as 89 investors sold QCOM shares while 518 reduced holdings. 160 funds opened positions while 346 raised stakes. 1.11 billion shares or 0.73% more from 1.10 billion shares in 2017Q3 were reported. Whittier reported 0.1% stake. Cornerstone Advisors Inc reported 0.02% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Thompson Inv Mngmt stated it has 153,535 shares or 1.73% of all its holdings. Bartlett Ltd Liability invested in 1.28% or 502,579 shares. Pacific Glob Investment Mgmt Company has 15,956 shares for 0.22% of their portfolio. State Street has 0.31% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Fund has invested 0.06% in QUALCOMM Incorporated (NASDAQ:QCOM). Estabrook Cap Management has invested 0.04% in QUALCOMM Incorporated (NASDAQ:QCOM). Thrivent Financial For Lutherans owns 0.01% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 69,114 shares. Moreover, Epoch Inv Ptnrs has 0.58% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 2.72 million shares. Teachers Retirement Sys Of The State Of Kentucky accumulated 0.19% or 251,392 shares. Greatmark Investment Prtnrs reported 124,794 shares stake. Colony Limited Company owns 10,677 shares. Advisor Ptnrs Ltd Company reported 23,003 shares. Univest Corporation Of Pennsylvania reported 0.19% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM).

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Seekingalpha.com which released: “Beijing Approves Microchip Deal, Boding Well For Qualcomm-NXP” on May 17, 2018, also Nasdaq.com with their article: “China Eases the Pressure on Qualcomm’s NXP Deal” published on May 15, 2018, Investorplace.com published: “Speculators Are Piling into Qualcomm, Inc. Stock for Two Big Reasons” on May 14, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Fool.com and their article: “Can Qualcomm Get That Crucial Chinese Approval to Buy NXP Semiconductors Now?” published on May 18, 2018 as well as Seekingalpha.com‘s news article titled: “Apple Stymies Qualcomm’s Quarterly Results” with publication date: April 30, 2018.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. had 155 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Hold” rating given on Tuesday, February 13 by Charter Equity. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, July 20. Cowen & Co maintained the shares of QCOM in report on Friday, September 30 with “Outperform” rating. The company was maintained on Monday, January 29 by RBC Capital Markets. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Hold” rating given on Thursday, April 26 by Citigroup. The stock has “Outperform” rating by CLSA on Tuesday, May 17. On Thursday, July 20 the stock rating was maintained by Deutsche Bank with “Hold”. Vetr upgraded it to “Buy” rating and $69.25 target in Wednesday, August 19 report. The company was maintained on Friday, September 29 by RBC Capital Markets. JP Morgan upgraded the shares of QCOM in report on Monday, May 22 to “Overweight” rating.

More notable recent Bank of Montreal (NYSE:BMO) news were published by: Themiddlemarket.com which released: “M&A daily wrap: BMO, A&M, InterGrowth, board diversity, innovation investing” on May 03, 2018, also Prnewswire.com with their article: “BMO Capital Markets Named As Best Standardized FX Product Market Maker” published on April 25, 2018, Fool.ca published: “Is Bank of Montreal or Canadian Imperial Bank of Commerce a Good RRSP Pick?” on May 18, 2018. More interesting news about Bank of Montreal (NYSE:BMO) were released by: Fool.ca and their article: “The Lucky 7” published on May 17, 2018 as well as Fool.ca‘s news article titled: “Is Canadian National Railway Company or Bank of Montreal Best for Dividends?” with publication date: May 15, 2018.

Bank of Montreal provides diversified financial services primarily in North America. The company has market cap of $50.15 billion. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. It has a 14.08 P/E ratio. The company's personal banking services and products include checking and savings accounts, credit cards, mortgages, creditor insurance products, and financial and investment advice services; and commercial banking services and products comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, and specialized banking programs for small business and commercial banking customers.

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