Washington Trust Bank Upped By $335,005 Its Qualcomm (QCOM) Stake; 2 Analysts Covering Artis Real Estate Investment Trust (TSE:AX.UN)

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Washington Trust Bank increased Qualcomm Inc (QCOM) stake by 5.42% reported in 2018Q1 SEC filing. Washington Trust Bank acquired 6,091 shares as Qualcomm Inc (QCOM)’s stock declined 10.48%. The Washington Trust Bank holds 118,438 shares with $6.56M value, up from 112,347 last quarter. Qualcomm Inc now has $86.17 billion valuation. The stock decreased 0.46% or $0.27 during the last trading session, reaching $58.12. About 8.26M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 2.58% since June 1, 2017 and is uptrending. It has underperformed by 9.99% the S&P500.

Among 5 analysts covering Artis Real Estate Investment Trust (TSE:AX.UN), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Artis Real Estate Investment Trust has $17 highest and $12.50 lowest target. $13.56’s average target is 0.67% above currents $13.47 stock price. Artis Real Estate Investment Trust had 24 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained Artis Real Estate Investment Trust (TSE:AX.UN) rating on Monday, August 10. RBC Capital Markets has “Sector Perform” rating and $16 target. National Bank Canada reinitiated the shares of AX.UN in report on Monday, June 20 with “Sector Perform” rating. The firm has “Buy” rating by TD Securities given on Friday, March 3. Scotia Capital maintained Artis Real Estate Investment Trust (TSE:AX.UN) rating on Friday, May 6. Scotia Capital has “Sector Perform” rating and $14 target. The firm has “Sector Perform” rating by Scotia Capital given on Thursday, March 2. The rating was maintained by Scotia Capital with “Sector Perform” on Friday, August 7. The firm has “Buy” rating by TD Securities given on Monday, August 10. On Friday, November 4 the stock rating was maintained by Scotia Capital with “Sector Perform”. The rating was maintained by National Bank Canada on Monday, August 10 with “Sector Perform”. See Artis Real Estate Investment Trust (TSE:AX.UN) latest ratings:

The stock decreased 0.81% or $0.11 during the last trading session, reaching $13.47. About 214,976 shares traded or 4.77% up from the average. Artis Real Estate Investment Trust (TSE:AX.UN) has 0.00% since June 1, 2017 and is . It has underperformed by 12.57% the S&P500.

Artis Real Estate Investment Trust operates as a closed-end real estate investment trust in Canada. The company has market cap of $2.07 billion. It engages in the acquisition and operation of commercial/retail and light-industrial properties in western Canada. It has a 10.79 P/E ratio.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Investorplace.com which released: “Qualcomm Inc.: End of China Tension Brings Dutch Prize” on May 30, 2018, also Seekingalpha.com with their article: “Qualcomm: China Boost” published on May 29, 2018, Profitconfidential.com published: “Qualcomm NXP Deal: What It Means for QCOM Stock” on May 31, 2018. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Finance.Yahoo.com and their article: “Tuesday’s Vital Data: Alibaba Group Holding Ltd (BABA), Advanced Micro Devices, Inc. (AMD) and Qualcomm Inc …” published on May 29, 2018 as well as Seekingalpha.com‘s news article titled: “Qualcomm to meet Chinese regulators over NXP” with publication date: May 28, 2018.

Washington Trust Bank decreased Ishares (IYR) stake by 38,594 shares to 18 valued at $1,000 in 2018Q1. It also reduced Ecolab Inc (NYSE:ECL) stake by 2,880 shares and now owns 1,294 shares. Vanguard Group (BSV) was reduced too.

Since January 9, 2018, it had 0 insider buys, and 8 sales for $7.62 million activity. 43,000 shares were sold by GROB MATTHEW S, worth $2.81 million on Tuesday, January 9. On Tuesday, March 27 ROGERS ALEXANDER H sold $37,519 worth of QUALCOMM Incorporated (NASDAQ:QCOM) or 663 shares. 50,126 QUALCOMM Incorporated (NASDAQ:QCOM) shares with value of $3.14M were sold by THOMPSON JAMES H. Rosenberg Donald J sold 11,670 shares worth $618,603. AMON CRISTIANO R also sold $852,989 worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Tuesday, May 8.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 15 have Buy rating, 2 Sell and 20 Hold. Therefore 41% are positive. Qualcomm Inc. has $315.0 highest and $47 lowest target. $63.82’s average target is 9.81% above currents $58.12 stock price. Qualcomm Inc. had 157 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, September 6 by Mizuho. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by Canaccord Genuity on Wednesday, November 1. The firm earned “Neutral” rating on Thursday, April 26 by UBS. Northland Capital maintained it with “Hold” rating and $62.5 target in Wednesday, September 6 report. Susquehanna maintained it with “Buy” rating and $6200 target in Thursday, April 26 report. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Hold” rating by RBC Capital Markets on Thursday, August 24. As per Wednesday, April 4, the company rating was maintained by RBC Capital Markets. Mizuho maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Wednesday, January 17 with “Buy” rating. The firm has “Hold” rating given on Wednesday, November 1 by BMO Capital Markets. Nomura maintained the shares of QCOM in report on Thursday, July 20 with “Hold” rating.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart