First Merchants Cut Its Brown & Brown Com (BRO) Holding by $584,199; Qualcomm Com (QCOM) Stake Has Increased by Stonebridge Capital Management Inc

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Stonebridge Capital Management Inc increased its stake in Qualcomm Inc Com (QCOM) by 7.2% based on its latest 2018Q4 regulatory filing with the SEC. Stonebridge Capital Management Inc bought 5,850 shares as the company’s stock declined 5.07% while stock markets rallied. The institutional investor held 87,154 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q4, valued at $4.96 million, up from 81,304 at the end of the previous reported quarter. Stonebridge Capital Management Inc who had been investing in Qualcomm Inc Com for a number of months, seems to be bullish on the $68.50 billion market cap company. The stock increased 2.17% or $1.2 during the last trading session, reaching $56.6. About 27.99M shares traded or 81.77% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 17.21% since March 17, 2018 and is downtrending. It has underperformed by 21.58% the S&P500. Some Historical QCOM News: 14/03/2018 – Qualcomm Outspent Broadcom About 100 to 1 in Washington Lobbying; 16/03/2018 – Qualcomm Extends NXP Tender Offer to March 23; 21/05/2018 – QUALCOMM, FACEBOOK IN DEAL FOR WIRELESS INTERNET CONNECTIVITY; 06/03/2018 – QUALCOMM, HUAWEI IN TALKS TO SETTLE PATENT-ROYALTY DISPUTE- WSJ, CITING; 14/03/2018 – TIMELINE-Broadcom-Qualcomm saga comes to an abrupt end; 16/03/2018 – Qualcomm Director Paul Jacobs Will Not Be Re-Nominated to Qualcomm Bd; 30/03/2018 – Christian Bizforum: Qualcomm discussing Jacobs leaving board of directors: sources (Reuters) – Qualcomm Inc’s board of; 06/04/2018 – Qualcomm River Holdings Extends Offering Period of Its Previously Announced Cash Tender Offer; 23/03/2018 – QUALCOMM INC – ALL 10 OF QUALCOMM’S DIRECTOR NOMINEES HAVE BEEN RE-ELECTED TO QUALCOMM BOARD OF DIRECTORS; 18/04/2018 – QUALCOMM CONDUCTING A REDUCTION OF F-T & TEMPORARY STAFF

First Merchants Corp decreased its stake in Brown & Brown Inc Com (BRO) by 26.07% based on its latest 2018Q4 regulatory filing with the SEC. First Merchants Corp sold 21,637 shares as the company’s stock rose 3.54% with the market. The institutional investor held 61,348 shares of the finance company at the end of 2018Q4, valued at $1.69M, down from 82,985 at the end of the previous reported quarter. First Merchants Corp who had been investing in Brown & Brown Inc Com for a number of months, seems to be less bullish one the $8.24B market cap company. The stock increased 1.03% or $0.3 during the last trading session, reaching $29.46. About 1.40 million shares traded or 17.19% up from the average. Brown & Brown, Inc. (NYSE:BRO) has risen 15.02% since March 17, 2018 and is uptrending. It has outperformed by 10.65% the S&P500. Some Historical BRO News: 23/04/2018 – Brown & Brown Declares Dividend of $0.075; 08/05/2018 – BROWN & BROWN INC BRO.N : CITIGROUP RAISES TARGET PRICE TO $25 FROM $24.5; 01/05/2018 – BROWN & BROWN, IN PACT TO BUY SERVCO PACIFIC INSURANCE; 19/04/2018 – DJ Brown & Brown Inc, Inst Holders, 1Q 2018 (BRO); 19/03/2018 Fitch Publishes Unrated Issuer Report on Brown & Brown, Inc

Since November 7, 2018, it had 0 insider buys, and 1 sale for $57,320 activity.

Analysts await Brown & Brown, Inc. (NYSE:BRO) to report earnings on April, 22. They expect $0.36 earnings per share, up 9.09% or $0.03 from last year’s $0.33 per share. BRO’s profit will be $100.69 million for 20.46 P/E if the $0.36 EPS becomes a reality. After $0.26 actual earnings per share reported by Brown & Brown, Inc. for the previous quarter, Wall Street now forecasts 38.46% EPS growth.

Investors sentiment decreased to 1.1 in 2018 Q4. Its down 0.61, from 1.71 in 2018Q3. It dived, as 31 investors sold BRO shares while 81 reduced holdings. 38 funds opened positions while 85 raised stakes. 199.66 million shares or 1.82% more from 196.09 million shares in 2018Q3 were reported. Prudential Public Ltd Llc reported 17,500 shares. Aperio Group Inc Llc reported 65,010 shares. Panagora Asset Inc stated it has 33,099 shares. Ameriprise Financial holds 0.01% or 865,186 shares in its portfolio. Moreover, Madison Invest Holding has 0.99% invested in Brown & Brown, Inc. (NYSE:BRO) for 1.77 million shares. Kbc Gru Nv invested in 0.01% or 30,080 shares. Riverhead Capital Mgmt Lc has invested 0.04% of its portfolio in Brown & Brown, Inc. (NYSE:BRO). Cubist Systematic Strategies Limited Liability Company has 77,320 shares for 0.1% of their portfolio. California Pub Employees Retirement has invested 0.02% in Brown & Brown, Inc. (NYSE:BRO). Select Equity Gp Lp holds 9.38M shares. Tci Wealth holds 0.01% of its portfolio in Brown & Brown, Inc. (NYSE:BRO) for 388 shares. 350,188 are held by State Board Of Administration Of Florida Retirement. Sg Americas Ltd Limited Liability Company owns 37,349 shares for 0.01% of their portfolio. Employees Retirement Of Texas invested in 121,000 shares. Pnc Financial Service Gp has invested 0% in Brown & Brown, Inc. (NYSE:BRO).

First Merchants Corp, which manages about $521.06M US Long portfolio, upped its stake in Chevron Corp Com (NYSE:CVX) by 4,184 shares to 49,326 shares, valued at $5.37 million in 2018Q4, according to the filing. It also increased its holding in Fedex Corporation Com (NYSE:FDX) by 2,115 shares in the quarter, for a total of 4,420 shares, and has risen its stake in Omnicom Group Inc Com (NYSE:OMC).

More important recent Brown & Brown, Inc. (NYSE:BRO) news were published by: Globenewswire.com which released: “Brown & Brown, Inc. Announces Quarterly Cash Dividend – GlobeNewswire” on January 24, 2019, also Globenewswire.com published article titled: “Brown & Brown, Inc. Announces the Acquisition of MEDVAL, LLC – GlobeNewswire”, Globenewswire.com published: “Detailed Research: Economic Perspectives on Hecla Mining, Regency Centers, La-Z-Boy, EchoStar, Brown & Brown, and Roper Technologies — What Drives Growth in Today’s Competitive Landscape – GlobeNewswire” on February 28, 2019. More interesting news about Brown & Brown, Inc. (NYSE:BRO) was released by: Globenewswire.com and their article: “Brown & Brown, Inc. Announces the Asset Acquisition of Donald P. Pipino Company, LTD – GlobeNewswire” with publication date: February 15, 2019.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Seekingalpha.com which released: “Your 55 March Quarter NASDAQ Dividend Dogs By Yield, Upside And Net Gains – Seeking Alpha” on March 07, 2019, also Nasdaq.com with their article: “5 Tech Stocks Investors Should Buy on the Rebound – Nasdaq” published on March 01, 2019, Nasdaq.com published: “Is NXP Semiconductors a Buy? – Nasdaq” on March 09, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Qualcomm Gets Two Court Verdicts: One Favorable, One Not – Nasdaq” published on March 15, 2019 as well as Nasdaq.com‘s news article titled: “Qualcomm Just Made Another Huge 5G Chip Announcement – Nasdaq” with publication date: February 25, 2019.

Stonebridge Capital Management Inc, which manages about $462.82 million and $250.28 million US Long portfolio, decreased its stake in Merck & Company (NYSE:MRK) by 8,245 shares to 53,567 shares, valued at $4.09M in 2018Q4, according to the filing. It also reduced its holding in Intl Business Machines (NYSE:IBM) by 12,246 shares in the quarter, leaving it with 49,732 shares, and cut its stake in Fluor Corp New Com (NYSE:FLR).

Since September 27, 2018, it had 0 insider buys, and 8 insider sales for $12.25 million activity. Rosenberg Donald J also sold $524,895 worth of QUALCOMM Incorporated (NASDAQ:QCOM) on Thursday, December 13. 40,000 shares were sold by THOMPSON JAMES H, worth $2.03 million on Monday, February 11. $6.10 million worth of QUALCOMM Incorporated (NASDAQ:QCOM) was sold by AMON CRISTIANO R on Wednesday, October 10.

Investors sentiment decreased to 0.73 in 2018 Q4. Its down 0.04, from 0.77 in 2018Q3. It worsened, as 91 investors sold QCOM shares while 491 reduced holdings. 104 funds opened positions while 322 raised stakes. 1.00 billion shares or 4.55% less from 1.05 billion shares in 2018Q3 were reported. First Republic Invest Management holds 0.23% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 654,118 shares. Pitcairn has 0.06% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Meiji Yasuda Life Insur stated it has 0.2% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Seizert Ltd Liability Com invested 1.39% in QUALCOMM Incorporated (NASDAQ:QCOM). Philadelphia Com invested 0.7% in QUALCOMM Incorporated (NASDAQ:QCOM). Beck Mgmt Ltd accumulated 4,570 shares or 0.22% of the stock. Pineno Levin Ford Asset Management accumulated 4,150 shares or 0.11% of the stock. Addison reported 45,718 shares. Stratos Wealth Partners has invested 0.38% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Northern Management owns 1.4% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 91,542 shares. Ci has 0.02% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Williams Jones & Associates Limited Liability holds 13,645 shares or 0.02% of its portfolio. Badgley Phelps Bell Inc stated it has 0.02% in QUALCOMM Incorporated (NASDAQ:QCOM). Pittenger And Anderson holds 625 shares or 0% of its portfolio. Kentucky Retirement Sys Trust Fund reported 23,977 shares.

Brown & Brown, Inc. (NYSE:BRO) Institutional Positions Chart