Sun Life Financial Lowered Its Qualcomm (QCOM) Holding; UBE INDS LTD ORD ORDINARY SHARES (UBEOF) Sellers Decreased By 40.07% Their Shorts

June 23, 2018 - By Linda Rogers

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

UBE INDS LTD ORD ORDINARY SHARES (OTCMKTS:UBEOF) had a decrease of 40.07% in short interest. UBEOF’s SI was 203,100 shares in June as released by FINRA. Its down 40.07% from 338,900 shares previously. The stock 90.00% or $0 during the last trading session, reaching $28.25. It is down 0.00% since June 23, 2017 and is . It has underperformed by 12.57% the S&P500.

Sun Life Financial Inc decreased Qualcomm Inc (QCOM) stake by 89.83% reported in 2018Q1 SEC filing. Sun Life Financial Inc sold 3,791 shares as Qualcomm Inc (QCOM)’s stock declined 10.48%. The Sun Life Financial Inc holds 429 shares with $7.75 million value, down from 4,220 last quarter. Qualcomm Inc now has $86.73B valuation. The stock decreased 0.43% or $0.25 during the last trading session, reaching $58.5. About 4.70 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since June 23, 2017 and is uptrending. It has underperformed by 9.99% the S&P500. Some Historical QCOM News: 23/03/2018 – Qualcomm re-elects board of directors with tepid support; 14/03/2018 – Broadcom ends bid for Qualcomm; 13/03/2018 – Boston Metro: Broadcom to end bid for Qualcomm, keeps plan to move to U.S; 13/03/2018 – BROADCOM SAID TO ABANDON QUALCOMM BID ON GOVERNMENT OPPOSITION; 06/03/2018 – Debt challenge awaits Broadcom over Qualcomm deal; 12/03/2018 – U.S. TREASURY SAYS CFIUS WOULD CONSIDER TAKING FURTHER ACTION AGAINST BROADCOM INCLUDING REFERRING THE TRANSACTION TO THE PRESIDENT; 25/04/2018 – Qualcomm ‘Currently Evaluating Potential Restructuring’ to Reduce FY18 Annual Effective Tax Rates; 05/03/2018 – Qualcomm: Broadcom CFIUS Response ‘Deliberately Seeking to Mislead Shareholders’; 12/03/2018 – Broadcom tussles with US government over Qualcomm bid; 05/04/2018 – Apple CEO Tim Cook To Be Deposed In Qualcomm Lawsuit — MarketWatch

Ube Industries, Ltd., together with its subsidiaries, engages in chemicals, pharmaceuticals, cement and construction materials, machinery, and energy and environment businesses. The company has market cap of $. The Company’s Chemicals segment offers synthetic rubber, engineering plastics, caprolactam and nylon, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, telecommunication parts, separation membranes, fine chemicals, ceramics, phosphor, aerospace materials, inorganic fiber, and high temperature paints. It currently has negative earnings. The company's Pharmaceutical segment provides contract manufacturing services for APIs and intermediates; FLUOLEAD, a novel nucleophilic fluorinating agent; and drug discovery and pipeline services.

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. Blb&B Llc invested in 0.5% or 68,174 shares. Tctc Limited Liability Com holds 173,331 shares or 0.51% of its portfolio. Amica Pension Fund Board Of Trustees has 44,088 shares. State Bank Of Mellon, New York-based fund reported 18.38 million shares. Security National Tru Co holds 0.22% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 11,985 shares. Canandaigua Bancorporation Company holds 0.27% or 38,098 shares. Ferguson Wellman Mngmt Incorporated has invested 0.02% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Cleararc Cap has invested 0.43% in QUALCOMM Incorporated (NASDAQ:QCOM). Atlas Browninc holds 0.05% or 4,544 shares. Massachusetts-based Congress Asset Ma has invested 0.05% in QUALCOMM Incorporated (NASDAQ:QCOM). Sigma Planning Corp accumulated 9,507 shares. Rampart Investment Ltd Com accumulated 0.23% or 44,175 shares. Cadence Capital Mngmt Limited Com holds 157,519 shares or 0.57% of its portfolio. Stephens Incorporated Ar owns 0.19% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 90,318 shares. Loomis Sayles And Company LP holds 17.78M shares or 2.09% of its portfolio.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Fool.com which released: “Qualcomm Isn’t Quitting Data Centers (Yet)” on June 22, 2018, also Benzinga.com with their article: “Investors ‘Wait With Baited Breath’ Following Conflicting Reports On Qualcomm-NXP Deal” published on June 17, 2018, Globenewswire.com published: “Hagens Berman Alerts Investors in Qualcomm Incorporated (NASDAQ: QCOM) to the August 7, 2018 Securities Class …” on June 13, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Businesswire.com and their article: “QCOM LOSS NOTICE: Rosen Law Firm Reminds Qualcomm Incorporated Investors of Important Deadline in Class …” published on June 19, 2018 as well as Seekingalpha.com‘s news article titled: “Qualcomm: China Boost” with publication date: May 29, 2018.

Sun Life Financial Inc increased Valero Energy Corp New (NYSE:VLO) stake by 329 shares to 1,286 valued at $13.87M in 2018Q1. It also upped Public Storage (NYSE:PSA) stake by 1,298 shares and now owns 1,625 shares. Kimberly Clark Corp (NYSE:KMB) was raised too.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on July, 18. They expect $0.58 earnings per share, down 17.14% or $0.12 from last year’s $0.7 per share. QCOM’s profit will be $859.92M for 25.22 P/E if the $0.58 EPS becomes a reality. After $0.67 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -13.43% negative EPS growth.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. had 157 analyst reports since July 23, 2015 according to SRatingsIntel. Deutsche Bank maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, July 20 with “Hold” rating. BMO Capital Markets maintained it with “Hold” rating and $70.0 target in Monday, November 20 report. The rating was upgraded by Morgan Stanley to “Overweight” on Monday, July 27. Canaccord Genuity maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, July 21. Canaccord Genuity has “Buy” rating and $70 target. The firm has “Buy” rating given on Thursday, September 29 by Argus Research. Canaccord Genuity maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, April 19. Canaccord Genuity has “Buy” rating and $7900 target. Northland Capital maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Tuesday, August 1. Northland Capital has “Hold” rating and $62.5000 target. Topeka Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, November 5. Topeka Capital Markets has “Hold” rating and $61 target. BMO Capital Markets maintained the shares of QCOM in report on Wednesday, July 19 with “Hold” rating. The stock has “Buy” rating by Stifel Nicolaus on Thursday, November 2.

Since January 9, 2018, it had 0 insider purchases, and 9 insider sales for $7.68 million activity. Another trade for 16,082 shares valued at $852,989 was made by AMON CRISTIANO R on Tuesday, May 8. ROGERS ALEXANDER H sold $48,627 worth of stock or 713 shares. GROB MATTHEW S had sold 43,000 shares worth $2.81 million. Another trade for 11,670 shares valued at $618,603 was made by Rosenberg Donald J on Tuesday, May 8. THOMPSON JAMES H sold $3.14M worth of stock or 50,126 shares.

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