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Kerusso Capital Management LLC Boosts Stock Position in Qualcomm Incorporated $QCOM
Kerusso Capital Management LLC increased its stake in Qualcomm Incorporated by 31.9% in Q4, acquiring an additional 4,257 shares to own a total of 17,617 shares valued at approximately $3.01 million. The article highlights Qualcomm’s recent financial actions, including a $20 billion share repurchase authorization and an increased quarterly dividend of $0.92 per share, yielding about 2.7%. Despite beating earnings and revenue estimates in its latest quarter, the company faces mixed analyst sentiment, with an average “Hold” rating and concerns about handset demand.