Macys (M) Stake Held by Restructuring Capital Associates Lp; Qualcomm (QCOM) Holder Saba Capital Management LP Decreased Its Holding by $33.18 Million as Market Value Rose

Macy's, Inc. (NYSE:M) Logo

Saba Capital Management Lp decreased its stake in Qualcomm Inc (QCOM) by 58.2% based on its latest 2019Q1 regulatory filing with the SEC. Saba Capital Management Lp sold 582,044 shares as the company’s stock rose 67.20% with the market. The hedge fund held 417,956 shares of the radio and television broadcasting and communications equipment company at the end of 2019Q1, valued at $23.84M, down from 1.00M at the end of the previous reported quarter. Saba Capital Management Lp who had been investing in Qualcomm Inc for a number of months, seems to be less bullish one the $86.25B market cap company. The stock increased 0.57% or $0.4 during the last trading session, reaching $70.94. About 6.95 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 52.03% since June 11, 2018 and is uptrending. It has outperformed by 47.60% the S&P500. Some Historical QCOM News: 18/04/2018 – Qualcomm Cutting Jobs to Live Up to Promise of Slashing Costs; 30/05/2018 – VUZIX PARTNERS WITH QUALCOMM ON THE NEW SNAPDRAGON XR1 PLATFORM TO DEVELOP NEXT GENERATION AR SMART GLASSES; 16/03/2018 – Qualcomm: Board Is Grateful to Jacobs for His Decades of Service; 16/03/2018 – Qualcomm Extends NXP Tender Offer to March 23; 06/03/2018 – US security blow to Qualcomm deal; 16/03/2018 – FORMER QUALCOMM CHAIRMAN JACOBS MAY STEP DOWN FROM BOARD: DJ; 25/04/2018 – Qualcomm’s Profit Tumbles as Royalty Disputes Continue; 05/03/2018 – Qualcomm: Broadcom CFIUS Response ‘Deliberately Seeking to Mislead Shareholders’; 14/03/2018 – BROADCOM ABANDONS QUALCOMM TAKEOVER BID ON TRUMP OPPOSITION; 16/03/2018 – Qualcomm Shuts Jacobs Out Of Board Election On Takeover Plans — MarketWatch

Restructuring Capital Associates Lp increased its stake in Macys Inc (M) by 53.6% based on its latest 2019Q1 regulatory filing with the SEC. Restructuring Capital Associates Lp bought 207,716 shares as the company’s stock declined 14.03% while stock markets rallied. The hedge fund held 595,216 shares of the department and specialty retail stores company at the end of 2019Q1, valued at $14.30M, up from 387,500 at the end of the previous reported quarter. Restructuring Capital Associates Lp who had been investing in Macys Inc for a number of months, seems to be bullish on the $6.74B market cap company. The stock increased 0.69% or $0.15 during the last trading session, reaching $21.82. About 5.86M shares traded. Macy's, Inc. (NYSE:M) has declined 26.76% since June 11, 2018 and is downtrending. It has underperformed by 31.19% the S&P500. Some Historical M News: 04/04/2018 – MACY’S INC – EXTERNAL SEARCH IS UNDERWAY FOR HOGUET’S REPLACEMENT AND COMPANY ANTICIPATES A WELL-ORDERED TRANSITION; 16/05/2018 – Macy’s Raises Earnings and Sales Guidance for Fiscal 2018; 04/04/2018 – Macy’s longtime CFO Karen Hoguet to retire next year; 30/04/2018 – MACY’S, CONTINUES EXPANSION OF MACY’S BACKSTAGE; 04/04/2018 – Macy’s, Inc. Announces Karen Hoguet, Chief Financial Officer, To Retire February 2019; 08/03/2018 – SF Business Tms: Exclusive: Macy’s brings discount store to California with three Bay Area locations; 19/03/2018 – TVPage Launches lnfluencer Video Affiliate Marketing at Shoptalk 2018; 02/05/2018 – MACY’S BUYS STORY; 16/05/2018 – But it’s not just Macy’s. Other outlets are winning the retail race too; 16/04/2018 – MACY’S INC M.N : JP MORGAN RAISES TARGET PRICE TO $30 FROM $28

More notable recent Macy's, Inc. (NYSE:M) news were published by: Seekingalpha.com which released: “Macy’s: A Diamond In The Rough – Seeking Alpha” on May 12, 2019, also Benzinga.com with their article: “Goldman Sachs Upgrades Macy’s, Risk-Reward ‘Less Skewed To The Downside’ – Benzinga” published on May 16, 2019, Seekingalpha.com published: “Macy’s: Not Bad, But I’m Not Buying – Seeking Alpha” on May 17, 2019. More interesting news about Macy's, Inc. (NYSE:M) were released by: Finance.Yahoo.com and their article: “Can Jagged Peak Energy Inc.’s (NYSE:JAG) ROE Continue To Surpass The Industry Average? – Yahoo Finance” published on June 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “Are Insiders Buying Equitrans Midstream Corporation (NYSE:ETRN) Stock? – Yahoo Finance” with publication date: June 10, 2019.

Since December 13, 2018, it had 0 insider purchases, and 2 sales for $4.06 million activity. Shares for $524,895 were sold by Rosenberg Donald J on Thursday, December 13.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Company News For May 23, 2019 – Nasdaq” on May 23, 2019, also Finance.Yahoo.com with their article: “The Tech Cold War Begins; Here’s How the Smart Money is Positioned in Semiconductors – Yahoo Finance” published on May 20, 2019, Nasdaq.com published: “Why Investors Should Buy Twitter Stock for Stability – Nasdaq” on May 31, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Why Is Qualcomm (QCOM) Down 23.6% Since Last Earnings Report? – Nasdaq” published on May 31, 2019 as well as Nasdaq.com‘s news article titled: “Will Lower Revenues Hurt QUALCOMM’s (QCOM) Q1 Earnings? – Nasdaq” with publication date: January 28, 2019.

Investors sentiment increased to 0.77 in Q1 2019. Its up 0.04, from 0.73 in 2018Q4. It is positive, as 102 investors sold QCOM shares while 442 reduced holdings. 93 funds opened positions while 324 raised stakes. 901.11 million shares or 10.19% less from 1.00 billion shares in 2018Q4 were reported. Saba Capital Mgmt Ltd Partnership reported 417,956 shares. Ima Wealth Inc invested 0.02% in QUALCOMM Incorporated (NASDAQ:QCOM). Moreover, Wms Partners Ltd Llc has 0.07% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 4,729 shares. Finemark Bankshares And Trust holds 6,129 shares or 0.02% of its portfolio. Palladium Prtn Ltd Liability Co holds 0.02% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 5,800 shares. Azimuth Cap Mgmt Limited Liability stated it has 0.06% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Arrowgrass Cap Prns (Us) Lp accumulated 0.01% or 6,269 shares. The New Jersey-based Hallmark Capital Mngmt Incorporated has invested 0.03% in QUALCOMM Incorporated (NASDAQ:QCOM). Torray Ltd Liability has 0.21% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 35,673 shares. Capital Ca has 77,743 shares for 1.06% of their portfolio. Pure owns 15,903 shares. Keystone Financial Planning Inc owns 1.14% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 40,585 shares. Hightower Advsrs Limited Co has invested 0.17% in QUALCOMM Incorporated (NASDAQ:QCOM). Gateway Investment Advisers Limited Liability Company invested 0.35% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). B Riley Wealth Management owns 5,359 shares for 0.05% of their portfolio.

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