Mairs & Power Increases Position in Us Bancorp (USB); Peoples Financial Services Has Lowered Qualcomm Com (QCOM) Holding by $418,900 as Share Value Declined

U.S. Bancorp (NYSE:USB) Logo

Mairs & Power Inc increased its stake in Us Bancorp (USB) by 0.65% based on its latest 2018Q3 regulatory filing with the SEC. Mairs & Power Inc bought 43,306 shares as the company’s stock declined 6.56% with the market. The institutional investor held 6.67M shares of the major banks company at the end of 2018Q3, valued at $352.31 million, up from 6.63M at the end of the previous reported quarter. Mairs & Power Inc who had been investing in Us Bancorp for a number of months, seems to be bullish on the $82.04 billion market cap company. The stock decreased 0.37% or $0.19 during the last trading session, reaching $51.02. About 2.66M shares traded. U.S. Bancorp (NYSE:USB) has declined 7.87% since February 13, 2018 and is downtrending. It has underperformed by 7.87% the S&P500.

Peoples Financial Services Corp decreased its stake in Qualcomm Inc Com (QCOM) by 46.47% based on its latest 2018Q3 regulatory filing with the SEC. Peoples Financial Services Corp sold 5,900 shares as the company’s stock declined 20.85% with the market. The institutional investor held 6,796 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q3, valued at $489,000, down from 12,696 at the end of the previous reported quarter. Peoples Financial Services Corp who had been investing in Qualcomm Inc Com for a number of months, seems to be less bullish one the $62.78B market cap company. The stock increased 0.41% or $0.21 during the last trading session, reaching $51.87. About 7.52M 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: 13/03/2018 – WASHINGTON/PALO ALTO, U.S. — U.S. President Donald Trump’s decision Monday to block Singaporean chipmaker Broadcom’s bid for American peer Qualcomm on national security grounds is not the first time his administration has used such reasoning to shield U.S. businesses from Chinese competition; 12/03/2018 – Patently Apple: The U.S. Committee on Foreign Investment Shuts the Door on Broadcom’s Bid for Qualcomm based on Security Risks; 14/03/2018 – Broadcom Drops Qualcomm Bid, Pledges to Pursue U.S. Headquarters; 23/05/2018 – Qualcomm Is Said to Unveil New Chipset to Power VR, AR Headsets; 22/05/2018 – PARKERVISION – CLAIM CONSTRUCTION HEARING WILL BE HELD ON FRIDAY, AUGUST 31, IN CO’S PATENT INFRINGEMENT SUIT AGAINST QUALCOMM AND APPLE; 20/03/2018 – MOFCOM REVIEW OF NXPI/QUALCOMM REMAINS ON TRACK: REORG RESEARCH; 12/03/2018 – New York Post: Trump blocks Qualcomm sale to Broadcom over security concerns; 21/05/2018 – Qualcomm BeginsTransaction to Exchange Four Series of Its Outstanding Notes Totaling $4B; 04/05/2018 – Qualcomm to depose Apple services chief Eddy Cue; 09/04/2018 – Qualcomm Technologies Inc. and THX® Demonstrate End-to-End Workflow for Delivery of Next-Generation lmmersive Audio Experiences using MPEG-H for Broadcast at NAB 2018

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Technology Sector Update for 01/23/2019: QCOM,IBM,TEL,DOX – Nasdaq” on January 23, 2019, also Nasdaq.com with their article: “RSI Alert: Qualcomm Now Oversold – Nasdaq” published on January 24, 2019, Nasdaq.com published: “After Hours Most Active for Jan 28, 2019 : ZNGA, QCOM, GE, INTC, FCX, QQQ, MCHI, NOK, CTL, S, BAC, SBUX – Nasdaq” on January 28, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Nasdaq 100 Movers: QCOM, CMCSA – Nasdaq” published on January 23, 2019 as well as Nasdaq.com‘s news article titled: “Why NXP Semiconductors Shares Gained 18.8% in January – Nasdaq” with publication date: February 11, 2019.

Investors sentiment decreased to 0.77 in 2018 Q3. Its down 0.17, from 0.94 in 2018Q2. It dived, 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. North Star Asset Management Incorporated has 103,517 shares. 10,800 were reported by Lumina Fund Mngmt Ltd Llc. First Republic Invest Mngmt Inc invested in 0.22% or 624,491 shares. Gradient Invs Ltd Company holds 966 shares. Mutual Of Omaha Bankshares Wealth reported 2.59% in QUALCOMM Incorporated (NASDAQ:QCOM). Tiaa Cref Inv Mngmt Limited Liability Corp invested 0.21% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Cypress Cap Group Incorporated reported 2,809 shares or 0.04% of all its holdings. Hl Fincl Ltd Liability has 31,574 shares. Allsquare Wealth Mgmt Limited Liability Co invested in 0.01% or 200 shares. Kepos Limited Partnership accumulated 0.03% or 8,407 shares. Farmers And Merchants Invests Inc invested in 144,046 shares. Moreover, Stifel Fin Corporation has 0.57% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 2.76M shares. Fulton Financial Bank Na stated it has 13,051 shares or 0.06% of all its holdings. 9,603 were accumulated by Indiana & Management. Csu Producer Resources owns 15,750 shares or 4.41% of their US portfolio.

Peoples Financial Services Corp, which manages about $197.86M US Long portfolio, upped its stake in Merck & Co Inc New (NYSE:MRK) by 7,450 shares to 25,410 shares, valued at $1.80M in 2018Q3, according to the filing. It also increased its holding in 3M Co (NYSE:MMM) by 4,675 shares in the quarter, for a total of 16,427 shares, and has risen its stake in Berkshire Hathaway B New (BRKB).

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 20 Hold. Therefore 43% are positive. Qualcomm Inc. had 171 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Hold” rating given on Monday, August 24 by Standpoint Research. The stock has “Hold” rating by Northland Capital on Tuesday, August 1. The company was maintained on Thursday, July 23 by Cowen & Co. The rating was maintained by Rosenblatt with “Buy” on Thursday, January 28. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Outperform” rating by Raymond James on Wednesday, November 8. Stifel Nicolaus maintained it with “Buy” rating and $6500 target in Friday, May 26 report. The firm has “Neutral” rating given on Friday, February 12 by Mizuho. The firm earned “Outperform” rating on Monday, August 6 by Cowen & Co. Mizuho maintained the shares of QCOM in report on Wednesday, January 17 with “Buy” rating. The stock has “Hold” rating by Stifel Nicolaus on Thursday, September 27.

Since August 27, 2018, it had 0 buys, and 9 sales for $12.34 million activity. The insider ROGERS ALEXANDER H sold $61,642. THOMPSON JAMES H sold 40,000 shares worth $2.03 million. $1.10M worth of stock was sold by AMON CRISTIANO R on Monday, December 3.

More recent U.S. Bancorp (NYSE:USB) news were published by: Streetinsider.com which released: “US Bancorp (USB) Tops Q4 EPS by 4c, Revenues Beat – StreetInsider.com” on January 16, 2019. Also Seekingalpha.com published the news titled: “U.S. Bancorp 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on January 16, 2019. Seekingalpha.com‘s news article titled: “U.S. Bancorp Shares Still Stuck – Seeking Alpha” with publication date: January 18, 2019 was also an interesting one.

Since October 18, 2018, it had 0 insider buys, and 6 selling transactions for $13.81 million activity. 15,524 shares valued at $821,375 were sold by DOLAN TERRANCE R on Thursday, October 18. The insider OMALEY DAVID B sold $585,001. 183,374 shares were sold by CECERE ANDREW, worth $9.71M on Thursday, November 8. Another trade for 14,737 shares valued at $758,956 was made by GODRIDGE LESLIE V on Monday, February 4. On Wednesday, October 24 the insider von Gillern Jeffry H. sold $889,581.

Among 34 analysts covering U.S. Bancorp (NYSE:USB), 11 have Buy rating, 4 Sell and 19 Hold. Therefore 32% are positive. U.S. Bancorp had 102 analyst reports since August 6, 2015 according to SRatingsIntel. UBS initiated U.S. Bancorp (NYSE:USB) rating on Wednesday, January 11. UBS has “Buy” rating and $60 target. Morgan Stanley downgraded the stock to “Underweight” rating in Monday, November 14 report. The stock of U.S. Bancorp (NYSE:USB) has “Hold” rating given on Tuesday, April 26 by Deutsche Bank. Susquehanna maintained the stock with “Hold” rating in Wednesday, April 18 report. The firm has “Neutral” rating given on Thursday, December 1 by Susquehanna. RBC Capital Markets maintained U.S. Bancorp (NYSE:USB) on Friday, January 22 with “Sector Perform” rating. The stock of U.S. Bancorp (NYSE:USB) earned “Buy” rating by RBC Capital Markets on Thursday, July 27. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. Robert W. Baird maintained U.S. Bancorp (NYSE:USB) rating on Tuesday, January 2. Robert W. Baird has “Hold” rating and $56.0 target. The firm earned “Neutral” rating on Monday, October 23 by Nomura.

Mairs & Power Inc, which manages about $7.72B and $8.59B US Long portfolio, decreased its stake in Gentherm Inc (NASDAQ:THRM) by 29,625 shares to 733,010 shares, valued at $33.32M in 2018Q3, according to the filing. It also reduced its holding in General Electric (NYSE:GE) by 704,770 shares in the quarter, leaving it with 622,759 shares, and cut its stake in Corning (NYSE:GLW).

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart