Park Circle Co Lowered Qualcomm (QCOM) Holding by $720,000 as Stock Value Declined; Kbr (KBR) Holder Nj State Employees Deferred Compensation Plan Has Cut Holding by $357,000

KBR, Inc. (NYSE:KBR) Logo

Park Circle Co decreased its stake in Qualcomm Inc (QCOM) by 91.74% based on its latest 2018Q3 regulatory filing with the SEC. Park Circle Co sold 10,000 shares as the company’s stock declined 20.85% with the market. The hedge fund held 900 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q3, valued at $65,000, down from 10,900 at the end of the previous reported quarter. Park Circle Co who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $69.70 billion market cap company. The stock increased 1.23% or $0.7 during the last trading session, reaching $57.5. About 12.02M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 12.25% since January 12, 2018 and is downtrending. It has underperformed by 12.25% the S&P500. Some Historical QCOM News: 18/04/2018 – IBD: Facebook To Design Own Chips, Cut Back On Intel, Qualcomm Reliance; 12/03/2018 – QUALCOMM INC QCOM.O – RECEIVED A PRESIDENTIAL ORDER TO IMMEDIATELY AND PERMANENTLY ABANDON THE PROPOSED TAKEOVER OF QUALCOMM BY BROADCOM LIMITED; 16/03/2018 – NEW: Qualcomm board is meeting now and discussing fate of former CEO, chairman and current board member Paul Jacobs, Dow Jones reports; Jacobs indicated interest to Qualcomm’s board about taking the firm private, sources told CNBC; 05/03/2018 – QUALCOMM SHAREHOLDER MEETING TO BE POSTPONED; 05/03/2018 – Qualcomm Delays Shareholder Meeting at Least 30 Days After CFIUS Order; 19/03/2018 – Rep. Hunter: TRUMP ADMINISTRATION FOLLOWS HUNTER LEAD ON REVIEWING QUALCOMM DEAL; 15/03/2018 – With Qualcomm behind it, Broadcom looks to smaller deals; 16/03/2018 – Qualcomm Extends NXP Tender Offer to March 23; 12/03/2018 – TRUMP ORDER SAYS ALL 15 CANDIDATE DIRECTORS PROPOSED BY BROADCOM ARE DISQUALIFIED FOR QUALCOMM BOARD; 26/04/2018 – QUALCOMM CEO MOLLENKOPF SAYS WILL DO BUYBACK IF NO NXP DEAL – CNBC

Nj State Employees Deferred Compensation Plan decreased its stake in Kbr Inc (KBR) by 45.95% based on its latest 2018Q3 regulatory filing with the SEC. Nj State Employees Deferred Compensation Plan sold 17,000 shares as the company’s stock declined 15.73% with the market. The institutional investor held 20,000 shares of the basic industries company at the end of 2018Q3, valued at $423,000, down from 37,000 at the end of the previous reported quarter. Nj State Employees Deferred Compensation Plan who had been investing in Kbr Inc for a number of months, seems to be less bullish one the $2.43 billion market cap company. The stock decreased 1.54% or $0.27 during the last trading session, reaching $17.23. About 4.13 million shares traded or 86.67% up from the average. KBR, Inc. (NYSE:KBR) has declined 9.03% since January 12, 2018 and is downtrending. It has underperformed by 9.03% the S&P500. Some Historical KBR News: 13/03/2018 – KBR SEES REFINANCING COMPLETE IN EARLY APRIL; 16/04/2018 – KBR INC – ESTIMATED REV ASSOCIATED WITH CONTRACT AWARD TO BE BOOKED INTO BACKLOG OF UNFILLED ORDERS FOR KBR’S GOVERNMENT SERVICES BUSINESS SEGMENT; 26/03/2018 – Herman Wang: KBR, Anton Oil to win management contracts at #Iraq’s Majnoon oil field: sources #OPEC #OOT; 26/03/2018 – Platts: KBR, Anton Oil to win management contracts at Iraq’s Majnoon oil field; 25/04/2018 – KBR Completes Debt-Only Refinancing with $2.15 Billion Credit Facility; 26/04/2018 – KBR Inc 1Q Adj EPS 34c; 14/03/2018 – KBR INC – USE OF PROPOSED $2.2 BLN FINANCING NEEDS INCLUDE $355 MLN TO PURCHASE SGT, $470 MLN TO REFINANCE EXISITING KBR REVOLVER BORROWINGS; 25/04/2018 – KBR COMPLETES DEBT-ONLY REFINANCING WITH $2.15B CREDIT LINE; 25/04/2018 – KBR Completes Debt-Only Refinancing With $2.15 B Credit Facility; 03/04/2018 – Huntington lngalls Industries and KBR Awarded Contract to Establish and Manage Australia‚Äôs Naval Shipbuilding College

Among 12 analysts covering KBR Inc (NYSE:KBR), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. KBR Inc had 39 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Thursday, November 2 with “Outperform”. The stock of KBR, Inc. (NYSE:KBR) has “Buy” rating given on Friday, April 27 by DA Davidson. KeyBanc Capital Markets maintained KBR, Inc. (NYSE:KBR) rating on Thursday, October 5. KeyBanc Capital Markets has “Buy” rating and $20.0 target. As per Monday, February 26, the company rating was downgraded by Credit Suisse. The firm earned “Buy” rating on Tuesday, October 24 by Deutsche Bank. The stock has “Sell” rating by Citigroup on Friday, November 13. KeyBanc Capital Markets maintained it with “Buy” rating and $22.0 target in Tuesday, October 31 report. The stock has “Neutral” rating by Macquarie Research on Wednesday, September 19. The rating was maintained by KeyBanc Capital Markets with “Buy” on Friday, August 25. Alembic maintained the stock with “Buy” rating in Monday, February 26 report.

Analysts await KBR, Inc. (NYSE:KBR) to report earnings on February, 22. They expect $0.37 earnings per share, up 32.14% or $0.09 from last year’s $0.28 per share. KBR’s profit will be $52.12M for 11.64 P/E if the $0.37 EPS becomes a reality. After $0.46 actual earnings per share reported by KBR, Inc. for the previous quarter, Wall Street now forecasts -19.57% negative EPS growth.

Investors sentiment decreased to 0.86 in 2018 Q3. Its down 0.75, from 1.61 in 2018Q2. It turned negative, as 22 investors sold KBR shares while 76 reduced holdings. 25 funds opened positions while 59 raised stakes. 131.09 million shares or 1.58% more from 129.05 million shares in 2018Q2 were reported. Supplemental Annuity Collective Tru Of Nj reported 0.44% in KBR, Inc. (NYSE:KBR). Federated Pa reported 37,381 shares. Utd Svcs Automobile Association reported 142,005 shares. Manufacturers Life Insurance Co The holds 320,122 shares or 0.01% of its portfolio. Mackenzie invested in 0.03% or 528,139 shares. Alps Advsr holds 0.01% or 50,901 shares. 3.76 million were accumulated by Pzena Mgmt Ltd Company. Great West Life Assurance Can stated it has 0% of its portfolio in KBR, Inc. (NYSE:KBR). Oregon Employees Retirement Fund stated it has 0.02% of its portfolio in KBR, Inc. (NYSE:KBR). Barclays Pcl owns 243,109 shares or 0% of their US portfolio. Daiwa Secs Gp has invested 0.01% in KBR, Inc. (NYSE:KBR). Aperio Lc invested in 0.01% or 102,695 shares. Clarivest Asset Mngmt Limited Liability Company reported 0.05% of its portfolio in KBR, Inc. (NYSE:KBR). Barrow Hanley Mewhinney Strauss Limited Com stated it has 486 shares or 0% of all its holdings. Moreover, American Group Inc has 0.03% invested in KBR, Inc. (NYSE:KBR).

More important recent KBR, Inc. (NYSE:KBR) news were published by: Prnewswire.com which released: “KBR Announces a New Propane Dehydrogenation Technology – PRNewswire” on December 17, 2018, also Streetinsider.com published article titled: “KBR, Inc. (KBR) Business Unit, SGT LLC, Secures 9-Yr $12.15B IDIQ Contract from US Army for Global IT Services – StreetInsider.com”, Zacks.com published: “Why KBR Could Be a Top Value Stock Pick – Zacks.com” on January 08, 2019. More interesting news about KBR, Inc. (NYSE:KBR) was released by: Streetinsider.com and their article: “MKM Partners Reiterates Buy on KBR, Inc. (KBR) – StreetInsider.com” with publication date: December 27, 2018.

Nj State Employees Deferred Compensation Plan, which manages about $586.87 million US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 9,000 shares to 34,000 shares, valued at $5.59 million in 2018Q3, according to the filing. It also increased its holding in Ion Geophysical Corp by 21,000 shares in the quarter, for a total of 39,000 shares, and has risen its stake in Weight Watchers Intl Inc New (NYSE:WTW).

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on January, 30. They expect $0.91 earnings per share, up 7.06% or $0.06 from last year’s $0.85 per share. QCOM’s profit will be $1.10 billion for 15.80 P/E if the $0.91 EPS becomes a reality. After $0.76 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts 19.74% EPS growth.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 20 Hold. Therefore 43% are positive. Qualcomm Inc. had 170 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Hold” rating by Evercore on Friday, July 1. On Monday, February 19 the stock rating was maintained by RBC Capital Markets with “Buy”. Susquehanna maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, April 26 with “Buy” rating. Stifel Nicolaus downgraded QUALCOMM Incorporated (NASDAQ:QCOM) rating on Wednesday, November 29. Stifel Nicolaus has “Hold” rating and $75 target. The firm has “Hold” rating given on Thursday, April 26 by Citigroup. The stock has “Buy” rating by KeyBanc Capital Markets on Tuesday, August 22. Stifel Nicolaus maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, November 19 with “Buy” rating. The company was maintained on Thursday, July 20 by Raymond James. Macquarie Research upgraded it to “Outperform” rating and $84 target in Tuesday, September 4 report. Stifel Nicolaus maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Friday, May 26 with “Buy” rating.

Park Circle Co, which manages about $159.67 million US Long portfolio, upped its stake in Philip Morris Intl Inc (NYSE:PM) by 13,724 shares to 54,124 shares, valued at $4.41 million in 2018Q3, according to the filing.

Since August 27, 2018, it had 0 insider purchases, and 7 insider sales for $8.28 million activity. $6.10 million worth of stock was sold by AMON CRISTIANO R on Wednesday, October 10. Another trade for 1,306 shares valued at $87,985 was sold by ROGERS ALEXANDER H.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart