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Investment firms boost holdings in QUALCOMM as it reports strong earnings and raises dividend.
Investment firms DCF Advisers LLC and Liberty Wealth Management LLC have increased their holdings in QUALCOMM, with the latter's holdings surging by 4,423%.
QUALCOMM reported strong earnings of $2.77 per share and revenue of $10.37 billion, both above analyst expectations.
The company's stock is valued at around $148.19, with a market cap of $159.90 billion.
QUALCOMM also announced a quarterly dividend of $0.89 per share, set to be paid on September 25.
The average rating for QUALCOMM is "Hold" with a target price of $181.10.
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Las firmas de inversión aumentan sus participaciones en QUALCOMM, ya que reporta fuertes ganancias y aumenta el dividendo.