Guinness Asset Management LTD Has Lifted Its Baidu (BIDU) Holding by $1.29 Million; Stock Declined; Sva Plumb Wealth Management Lifted Its Position in Qualcomm (QCOM) by $1.07 Million as Stock Declined

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Guinness Asset Management Ltd increased its stake in Baidu Inc (BIDU) by 21.01% based on its latest 2018Q3 regulatory filing with the SEC. Guinness Asset Management Ltd bought 5,640 shares as the company’s stock declined 16.10% with the market. The institutional investor held 32,480 shares of the technology company at the end of 2018Q3, valued at $7.43M, up from 26,840 at the end of the previous reported quarter. Guinness Asset Management Ltd who had been investing in Baidu Inc for a number of months, seems to be bullish on the $60.59B market cap company. The stock increased 2.10% or $3.58 during the last trading session, reaching $173.83. About 2.19 million shares traded. Baidu, Inc. (NASDAQ:BIDU) has declined 23.09% since February 13, 2018 and is downtrending. It has underperformed by 23.09% the S&P500. Some Historical BIDU News: 21/05/2018 – Baidu Enters Into Definitive Agreements to Divest Itself of Its Global DU Business; 14/05/2018 – Baidu lets corporate Japan read Chinese consumers’ minds; 23/05/2018 – BAIDU PICKS HUATAI SECURITIES AS SPONSOR OF CDR ISSUANCE:CAIXIN; 21/05/2018 – BAIDU IN PACTS TO DIVEST GLOBAL DU; 08/05/2018 – Baidu to integrate Nuomi Pictures with iQiyi soon, sources say; 29/03/2018 – BAIDU’S IQIYI INC OPENS AT $18.20, IPO AT $18.00; 28/04/2018 – BAIDU SAYS COMPLETED SPINOFF OF FINANCE BUSINESS; 26/04/2018 – BAIDU – RMB 41.2 BLN RELATED WITH CO’S FINANCIAL SERVICE BUSINESS WERE RECLASSIFIED TO ASSETS, LIABILITIES HELD FOR SALE ON BALANCE SHEET AS OF MARCH 31; 28/03/2018 – BAIDU’S IQIYI IS SAID TO PRICE IPO AT $18/ADS; 29/03/2018 – Baidu: Prices IPO by Subsidiary iQIYI of 125M American Depositary Shrs

Sva Plumb Wealth Management Llc increased its stake in Qualcomm Inc (QCOM) by 13.16% based on its latest 2018Q3 regulatory filing with the SEC. Sva Plumb Wealth Management Llc bought 14,844 shares as the company’s stock declined 20.85% with the market. The institutional investor held 127,651 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q3, valued at $9.20 million, up from 112,807 at the end of the previous reported quarter. Sva Plumb Wealth Management Llc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $62.51B market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $51.65. About 9.61 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 12.25% since February 13, 2018 and is downtrending. It has underperformed by 12.25% the S&P500. Some Historical QCOM News: 09/03/2018 – EXCLUSIVE-COMMITTEE ON FOREIGN INVESTMENT IN UNITED STATES HAS ASKED BROADCOM LTD AVGO.O TO SUBMIT NOTICE ON REDOMICILING TO U.S; 09/03/2018 – QUALCOMM EXTENDS CASH TENDER OFFER FOR ALL OUTSTANDING SHRS OF; 19/04/2018 – QUALCOMM IN NOTICE TO CALIFORNIA EMPLOYMENT DEVELOPMENT DEPARTMENT – REDUCING WORKFORCE AT SAN JOSE, SANTA CLARA OFFICES; TO IMPACT ABOUT 269 EMPLOYEES; 07/03/2018 – New York Post: Broadcom insists it won’t slash Qualcomm’s spending on 5G; 12/03/2018 – Broadcom Chief Visits Washington in Bid to Save Qualcomm Deal; 12/03/2018 – Trump signs order prohibiting Broadcom takeover of Qualcomm; 16/03/2018 – The Globe and Mail: Former Qualcomm chairman explores long-shot bid for U.S. chip maker; 14/05/2018 – Michael Sin : Exclusive: China is said to start review of Qualcomm’s proposed NXP deal – full story on @TheTerminal here…; 12/03/2018 – Qualcomm’s Troubles to Persist Even as Broadcom Pursuit Blocked; 26/04/2018 – QUALCOMM CEO HAVING `ACTIVE DIALOGUE’ WITH APPLE: CNBC

More notable recent Baidu, Inc. (NASDAQ:BIDU) news were published by: Nasdaq.com which released: “New Strong Sell Stocks for January 24th – Nasdaq” on January 25, 2019, also Investorplace.com with their article: “7 Stocks to Buy as the Dollar Weakens – Investorplace.com” published on January 16, 2019, Nasdaq.com published: “Celebrate the Year of the Pig: Get Greedy for Baidu (BIDU) – Nasdaq” on February 07, 2019. More interesting news about Baidu, Inc. (NASDAQ:BIDU) were released by: Nasdaq.com and their article: “Technology Sector Update for 01/18/2019: CASA, BABA, TEAM, BIDU, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” published on January 18, 2019 as well as Nasdaq.com‘s news article titled: “Baidu to Help Deliver Groceries Through Apollo Powered Vans – Nasdaq” with publication date: January 15, 2019.

Among 27 analysts covering Baidu (NASDAQ:BIDU), 15 have Buy rating, 2 Sell and 10 Hold. Therefore 56% are positive. Baidu had 78 analyst reports since July 28, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, July 28 by Pacific Crest. The rating was maintained by Oppenheimer on Friday, July 28 with “Buy”. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Buy” rating given on Tuesday, October 27 by TH Capital. As per Wednesday, September 28, the company rating was downgraded by Deutsche Bank. The stock of Baidu, Inc. (NASDAQ:BIDU) earned “Buy” rating by Jefferies on Friday, October 27. The rating was maintained by Oppenheimer with “Outperform” on Monday, August 3. The stock of Baidu, Inc. (NASDAQ:BIDU) earned “Buy” rating by Jefferies on Monday, April 25. JP Morgan initiated Baidu, Inc. (NASDAQ:BIDU) on Wednesday, August 31 with “Underweight” rating. As per Wednesday, February 14, the company rating was upgraded by Daiwa Securities. The rating was downgraded by Morgan Stanley on Tuesday, January 17 to “Equal-Weight”.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Daily Dividend Report: ALLY, QCOM, NNN, UNM, GT – Nasdaq” on January 15, 2019, also Streetinsider.com with their article: “Apple (AAPL), Intel (INTC) Can Challenge Validity of Qualcomm (QCOM) Patents – Bloomberg – StreetInsider.com” published on January 15, 2019, Nasdaq.com published: “Qualcomm (QCOM) is a Top Dividend Stock Right Now: Should You Buy? – Nasdaq” on February 12, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Wednesday Apple Rumors: Apple May Alter iPhone 7 & 8 For German Sales – Nasdaq” published on February 06, 2019 as well as Seekingalpha.com‘s news article titled: “Qualcomm Inc. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” with publication date: January 30, 2019.

Sva Plumb Wealth Management Llc, which manages about $1.95B and $984.49 million US Long portfolio, decreased its stake in Fiserv Inc (NASDAQ:FISV) by 8,870 shares to 89,805 shares, valued at $7.40M in 2018Q3, according to the filing. It also reduced its holding in Biogen Inc (NASDAQ:BIIB) by 2,216 shares in the quarter, leaving it with 5,289 shares, and cut its stake in Consumer Discretionary Select (XLY).

Investors sentiment decreased to 0.77 in Q3 2018. Its down 0.17, from 0.94 in 2018Q2. It is negative, as 48 investors sold QCOM shares while 521 reduced holdings. 153 funds opened positions while 285 raised stakes. 1.05 billion shares or 4.81% less from 1.10 billion shares in 2018Q2 were reported. Hanson Doremus Invest Mgmt reported 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Cape Cod Five Cents Bancshares reported 22,176 shares. 52,785 were accumulated by Headinvest Ltd Llc. Provise Grp Inc Limited Liability Corp has invested 0.04% in QUALCOMM Incorporated (NASDAQ:QCOM). Hamel Associate Inc invested 0.87% in QUALCOMM Incorporated (NASDAQ:QCOM). Evercore Wealth Management Ltd Liability Corporation owns 25,911 shares or 0.06% of their US portfolio. Captrust Advsr holds 0.34% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 106,803 shares. Lombard Odier Asset Management (Europe) Ltd reported 0.07% in QUALCOMM Incorporated (NASDAQ:QCOM). Clinton Gp holds 0.89% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 34,500 shares. Quantitative Systematic Strategies Limited Liability reported 4,863 shares. 45,314 were reported by Paloma Prtn. Motco reported 835 shares or 0.01% of all its holdings. Round Table Ser Ltd Limited Liability Company owns 0.11% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 4,315 shares. Utd Ser Automobile Association invested 0.43% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Guggenheim Capital Limited Liability Corporation has invested 0.35% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM).

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart