Washington Trust Bancorp, Inc. (WASH) Forms $52.90 Double Top; 16 Analysts Are Bullish QUALCOMM (QCOM) Last Week

Washington Trust Bancorp, Inc. (WASH) formed double top with $56.07 target or 6.00% above today’s $52.90 share price. Washington Trust Bancorp, Inc. (WASH) has $911.31 million valuation. The stock increased 1.54% or $0.8 during the last trading session, reaching $52.9. About 42,186 shares traded or 18.56% up from the average. Washington Trust Bancorp, Inc. (NASDAQ:WASH) has risen 30.56% since February 12, 2017 and is uptrending. It has outperformed by 13.86% the S&P500.

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 19 Hold. Therefore 44% are positive. Qualcomm Inc. had 131 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, November 5. On Thursday, November 5 the stock rating was maintained by Topeka Capital Markets with “Hold”. The stock has “Buy” rating by Canaccord Genuity on Thursday, November 5. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by Susquehanna on Tuesday, January 16. On Tuesday, October 31 the stock rating was maintained by Mizuho with “Buy”. The firm earned “Hold” rating on Monday, August 21 by BMO Capital Markets. The firm earned “Hold” rating on Monday, November 20 by BMO Capital Markets. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, November 19. Pacific Crest initiated the shares of QCOM in report on Friday, December 4 with “Overweight” rating. The firm earned “Buy” rating on Wednesday, October 12 by Canaccord Genuity. See QUALCOMM Incorporated (NASDAQ:QCOM) latest ratings:

05/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $82.0 Maintain
01/02/2018 Broker: Northland Capital Rating: Buy New Target: $75.0 Maintain
31/01/2018 Broker: Cowen & Co Rating: Buy New Target: $315.0 Maintain
01/02/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $68 New Target: $73 Maintain
29/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $80.0 Maintain
17/01/2018 Broker: Mizuho Rating: Buy New Target: $75.0 Maintain
16/01/2018 Broker: Canaccord Genuity Rating: Buy New Target: $86.0 Maintain
16/01/2018 Broker: Susquehanna Rating: Buy New Target: $78.0 Maintain
16/01/2018 Broker: Nomura Old Rating: Neutral New Rating: Buy Old Target: $70 Upgrade
29/11/2017 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Hold Old Target: $65 New Target: $75 Downgrade

The stock increased 2.52% or $1.57 during the last trading session, reaching $63.99. About 23.09 million shares traded or 108.29% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since February 12, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

Since August 20, 2017, it had 0 insider buys, and 6 sales for $3.16 million activity. 384 shares valued at $19,860 were sold by ROGERS ALEXANDER H on Monday, August 28. 43,000 QUALCOMM Incorporated (NASDAQ:QCOM) shares with value of $2.81M were sold by GROB MATTHEW S. $245,919 worth of stock was sold by STERLING MICHELLE M on Sunday, August 20.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.13, from 0.98 in 2017Q2. It fall, as 83 investors sold QUALCOMM Incorporated shares while 490 reduced holdings. 89 funds opened positions while 397 raised stakes. 1.10 billion shares or 0.88% less from 1.11 billion shares in 2017Q2 were reported. Schwab Charles Inv Mngmt holds 7.50M shares or 0.34% of its portfolio. Webster Natl Bank N A holds 44,402 shares. Mcf Ltd Co has 0.01% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 500 shares. Leuthold Group Ltd Liability Company invested 0.24% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Bollard Group Inc Ltd Llc invested in 0% or 1,178 shares. Klingenstein Fields And Ltd Liability has invested 0.02% in QUALCOMM Incorporated (NASDAQ:QCOM). Lazard Asset Mngmt Ltd Liability Corp reported 1.19M shares. Georgia-based Voya Inv Management Ltd Liability Corporation has invested 0.17% in QUALCOMM Incorporated (NASDAQ:QCOM). Srb Corp reported 3,377 shares stake. Evercore Wealth Ltd Liability Corp reported 22,072 shares stake. Johnson Fincl Grp reported 0.22% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). State Street reported 59.63M shares. Salem Inv Counselors reported 149,692 shares. Oppenheimer Asset Mngmt Inc holds 207,682 shares or 0.28% of its portfolio. City holds 0.41% or 23,386 shares in its portfolio.

QUALCOMM Incorporated develops, designs, makes, and markets digital communications services and products in China, South Korea, Taiwan, the United States, and internationally. The company has market cap of $94.73 billion. The firm operates through three divisions: Qualcomm CDMA Technologies ; Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). It currently has negative earnings. The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products.

Investors sentiment increased to 1.31 in 2017 Q3. Its up 0.15, from 1.16 in 2017Q2. It is positive, as 7 investors sold Washington Trust Bancorp, Inc. shares while 28 reduced holdings. 15 funds opened positions while 31 raised stakes. 9.43 million shares or 0.20% less from 9.45 million shares in 2017Q2 were reported. Los Angeles Capital Mngmt Equity Rech reported 15,790 shares or 0.01% of all its holdings. Systematic Financial Mgmt Limited Partnership invested in 0.18% or 154,100 shares. Fiduciary Trust Com stated it has 17,055 shares or 0.03% of all its holdings. Great West Life Assurance Can reported 1,871 shares. Bnp Paribas Arbitrage, New York-based fund reported 1,360 shares. Renaissance Tech Limited Liability Company stated it has 419,968 shares or 0.03% of all its holdings. Invesco holds 24,118 shares or 0% of its portfolio. Northern Tru accumulated 0.01% or 526,124 shares. Washington Trust, Rhode Island-based fund reported 487,012 shares. Loring Wolcott And Coolidge Fiduciary Advsrs Llp Ma accumulated 0% or 200 shares. National Bank Of Ny Mellon owns 116,215 shares for 0% of their portfolio. American Group Inc Inc accumulated 0% or 10,055 shares. Jpmorgan Chase, New York-based fund reported 217,454 shares. Gsa Capital Partners Limited Liability Partnership owns 27,483 shares for 0.11% of their portfolio. Brown Brothers Harriman &, a New York-based fund reported 7,702 shares.

Since September 11, 2017, it had 0 insider purchases, and 3 selling transactions for $172,976 activity. 2,000 shares were sold by HOXSIE KATHERINE W, worth $112,625 on Thursday, October 26. ALGIERE DENNIS L sold $53,772 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) on Thursday, October 26. Noons Mary E. sold $6,579 worth of stock.

Among 4 analysts covering Washington Trust Bancorp (NASDAQ:WASH), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Washington Trust Bancorp has $59.0 highest and $39.0 lowest target. $45.20’s average target is -14.56% below currents $52.9 stock price. Washington Trust Bancorp had 16 analyst reports since July 22, 2015 according to SRatingsIntel. On Thursday, January 26 the stock rating was upgraded by Compass Point to “Buy”. The company was upgraded on Wednesday, January 27 by Compass Point. The rating was upgraded by Keefe Bruyette & Woods to “Outperform” on Wednesday, December 30. Keefe Bruyette & Woods maintained the shares of WASH in report on Tuesday, September 26 with “Hold” rating. The firm earned “Neutral” rating on Friday, November 18 by Compass Point. The company was maintained on Tuesday, October 20 by Compass Point. The company was upgraded on Tuesday, October 25 by Compass Point. The rating was downgraded by Compass Point on Tuesday, September 20 to “Neutral”. The stock of Washington Trust Bancorp, Inc. (NASDAQ:WASH) earned “Buy” rating by Compass Point on Monday, December 18. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods.