Analysts at BMO Capital Didn’t Change their “Market Perform” rating for MSC Industrial Direct Co (MSM) with $104 Target; Petrus Trust Company Lta Cut Its Qualcomm (QCOM) Stake

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MSC Industrial Direct Co (NYSE:MSM) had its stock rating noted as “Market Perform” by analysts at BMO Capital. BMO Capital currently has a $104 price target on the $5.18 billion market cap company or 13.28% upside potential. This was released in a research note on 11 April.

Petrus Trust Company Lta decreased Qualcomm Inc (QCOM) stake by 32.99% reported in 2017Q4 SEC filing. Petrus Trust Company Lta sold 27,000 shares as Qualcomm Inc (QCOM)’s stock declined 15.28%. The Petrus Trust Company Lta holds 54,835 shares with $3.51 million value, down from 81,835 last quarter. Qualcomm Inc now has $81.08B valuation. The stock increased 2.51% or $1.34 during the last trading session, reaching $54.77. About 9.66 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since April 11, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Investors sentiment decreased to 0.83 in 2017 Q4. 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. 208,713 are held by Sather Gru Inc. Novare Mngmt Limited Liability Corporation holds 0.64% or 58,626 shares. Gw Henssler & Associates Limited owns 234,345 shares or 1.4% of their US portfolio. 137,313 were accumulated by Badgley Phelps And Bell. Barton Mngmt accumulated 117,568 shares. Rocky Mountain Advisers Lc, a Colorado-based fund reported 25 shares. Rowland Co Investment Counsel Adv holds 87,156 shares. Tctc Hldg Limited Liability Company accumulated 252,386 shares. Fin Management Inc holds 360 shares. Ls Investment Advisors Limited Co holds 0.77% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 206,666 shares. Mason Mgmt Limited Liability Corp invested in 1.22% or 309,000 shares. Heritage Invsts Mngmt Corporation has invested 0.25% in QUALCOMM Incorporated (NASDAQ:QCOM). Gam Ag reported 12,989 shares. Destination Wealth Mngmt accumulated 202,869 shares. 4,628 are owned by Kistler.

Since October 27, 2017, it had 0 insider purchases, and 6 insider sales for $6.14 million activity. ROGERS ALEXANDER H sold $48,627 worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, January 29. Another trade for 43,000 shares valued at $2.81 million was made by GROB MATTHEW S on Tuesday, January 9. Shares for $3.14 million were sold by THOMPSON JAMES H on Friday, March 9.

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on April, 18. They expect $0.55 earnings per share, down 54.17% or $0.65 from last year’s $1.2 per share. QCOM’s profit will be $814.19M for 24.90 P/E if the $0.55 EPS becomes a reality. After $0.85 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts -35.29% negative EPS growth.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 2 Sell and 19 Hold. Therefore 43% are positive. Qualcomm Inc. had 141 analyst reports since July 23, 2015 according to SRatingsIntel. Bernstein maintained the stock with “Hold” rating in Wednesday, July 19 report. RBC Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, October 3 with “Sector Perform” rating. The stock has “Outperform” rating by Cowen & Co on Friday, September 30. As per Friday, September 29, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by Canaccord Genuity given on Friday, August 14. The firm earned “Buy” rating on Thursday, June 15 by Susquehanna. The rating was maintained by Deutsche Bank with “Hold” on Thursday, March 15. On Tuesday, January 16 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock has “Buy” rating by Canaccord Genuity on Wednesday, November 1. Northland Capital maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Thursday, November 2. Northland Capital has “Buy” rating and $62.5 target.

Among 19 analysts covering MSC Industrial Direct Co. (NYSE:MSM), 6 have Buy rating, 1 Sell and 12 Hold. Therefore 32% are positive. MSC Industrial Direct Co. has $114.0 highest and $55 lowest target. $93.57’s average target is 1.92% above currents $91.81 stock price. MSC Industrial Direct Co. had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Susquehanna on Thursday, January 11 with “Hold”. The rating was maintained by Credit Suisse on Monday, December 4 with “Buy”. On Thursday, January 26 the stock rating was upgraded by Deutsche Bank to “Hold”. The stock has “Buy” rating by Gabelli on Monday, January 18. Stifel Nicolaus maintained MSC Industrial Direct Co., Inc. (NYSE:MSM) rating on Sunday, December 10. Stifel Nicolaus has “Hold” rating and $93.0 target. As per Wednesday, January 10, the company rating was maintained by Robert W. Baird. Robert W. Baird maintained the shares of MSM in report on Tuesday, October 31 with “Hold” rating. As per Monday, March 14, the company rating was maintained by KeyBanc Capital Markets. As per Wednesday, November 1, the company rating was maintained by Wells Fargo. The firm has “Hold” rating by Gabelli given on Friday, March 16.

Since November 10, 2017, it had 0 insider buys, and 16 selling transactions for $81.41 million activity. $2.47 million worth of stock was sold by GERSHWIND ERIK on Wednesday, January 24. $1.13M worth of MSC Industrial Direct Co., Inc. (NYSE:MSM) was sold by Davanzo Christopher on Thursday, January 11. 7,100 shares were sold by Armstrong Steve, worth $667,684 on Friday, January 19. JACOBSON MITCHELL sold $34.13M worth of stock or 362,753 shares. Bonomo Charles had sold 14,946 shares worth $1.48M. PELLER PHILIP sold $98,250 worth of stock or 1,000 shares. KELLY DENIS F sold 1,020 shares worth $96,759.

The stock increased 0.08% or $0.07 during the last trading session, reaching $91.81. About 1.82 million shares traded or 140.83% up from the average. MSC Industrial Direct Co., Inc. (NYSE:MSM) has declined 9.82% since April 11, 2017 and is downtrending. It has underperformed by 21.37% the S&P500.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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