Apple INC (AAPL) Holder Amp Capital Investors LTD Has Decreased Its Stake

June 14, 2018 - By Vivian Park

Apple Inc. (NASDAQ:AAPL) LogoInvestors sentiment decreased to 0.69 in Q1 2018. Its down 0.04, from 0.73 in 2017Q4. It dropped, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Alta Management Limited Liability invested in 6.59% or 631,527 shares. Hallmark Capital Mgmt Inc reported 3.09% in Apple Inc. (NASDAQ:AAPL). Cs Mckee Lp holds 3.81% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 290,430 shares. The New York-based Levy Harkins Inc has invested 6.5% in Apple Inc. (NASDAQ:AAPL). Paloma Prtnrs Mngmt invested 0.01% of its portfolio in Apple Inc. (NASDAQ:AAPL). Bluestein R H Company has 511,692 shares. Cim Limited Liability, a New York-based fund reported 60,972 shares. Hudson Bay Cap Management LP reported 0.3% in Apple Inc. (NASDAQ:AAPL). Peddock Cap Advsrs Lc stated it has 20,785 shares. Madrona Fincl Services Limited Liability invested 0.67% in Apple Inc. (NASDAQ:AAPL). The Nebraska-based Lawson Kroeker Mngmt Ne has invested 0.12% in Apple Inc. (NASDAQ:AAPL). Budros Ruhlin And Roe Inc owns 46,163 shares. Strategic Services Inc has 60,340 shares. Ativo Capital Mngmt Limited Liability Corp owns 17,133 shares. North Carolina-based Ironsides Asset Advisors Ltd Company has invested 0.44% in Apple Inc. (NASDAQ:AAPL).

Since January 5, 2018, it had 0 insider buys, and 12 selling transactions for $51.10 million activity. Shares for $11.56 million were sold by SCHILLER PHILIP W. 17,372 shares valued at $3.26M were sold by Riccio Daniel J. on Thursday, May 17. On Friday, June 8 WILLIAMS JEFFREY E sold $2.99M worth of Apple Inc. (NASDAQ:AAPL) or 15,653 shares. Shares for $903,928 were sold by Maestri Luca on Thursday, May 31. KONDO CHRIS sold $910,129 worth of stock or 4,867 shares. On Wednesday, May 23 Srouji Johny sold $2.81 million worth of Apple Inc. (NASDAQ:AAPL) or 14,976 shares.

Amp Capital Investors Ltd decreased its stake in Apple Inc (AAPL) by 7.08% based on its latest 2018Q1 regulatory filing with the SEC. Amp Capital Investors Ltd sold 178,849 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 2.35 million shares of the computer manufacturing company at the end of 2018Q1, valued at $390.70 million, down from 2.53 million at the end of the previous reported quarter. Amp Capital Investors Ltd who had been investing in Apple Inc for a number of months, seems to be less bullish one the $937.32 billion market cap company. The stock decreased 0.82% or $1.58 during the last trading session, reaching $190.7. About 18.00M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 14, 2017 and is uptrending. It has outperformed by 9.99% the S&P500.

Amp Capital Investors Ltd, which manages about $17.65B US Long portfolio, upped its stake in Invitation Homes Inc by 300,132 shares to 4.13M shares, valued at $93.58M in 2018Q1, according to the filing. It also increased its holding in Darden Restaurants Inc (NYSE:DRI) by 80,525 shares in the quarter, for a total of 167,033 shares, and has risen its stake in Wells Fargo Co New (NYSE:WFC).

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 earnings per share, up 31.14 % or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76 billion for 21.77 P/E if the $2.19 EPS becomes a reality. After $2.73 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78 % negative EPS growth.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Podcast: Apple 2018 Worldwide Developer’s Conference” on June 10, 2018, also Seekingalpha.com with their article: “For Microsoft The Future Is Now” published on June 13, 2018, Nasdaq.com published: “Geopolitical Risks Are a Way Smaller Market Factor Than You Might Think” on June 12, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Deciphering Apple’s Autonomous Vehicle Strategy” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Apple: Can Shares Double Again In 2 Years?” with publication date: June 13, 2018.

Apple Inc. (NASDAQ:AAPL) Ratings Coverage

Among 36 analysts covering Apple (NASDAQ:AAPL), 19 have Buy rating, 0 Sell and 17 Hold. Therefore 53% are positive. Apple has $235 highest and $157 lowest target. $198.19’s average target is 3.93% above currents $190.7 stock price. Apple had 82 analyst reports since December 19, 2017 according to SRatingsIntel. Nomura maintained the shares of AAPL in report on Monday, May 21 with “Hold” rating. The company was maintained on Friday, February 16 by Raymond James. Bernstein downgraded Apple Inc. (NASDAQ:AAPL) on Friday, February 2 to “Hold” rating. The stock has “Buy” rating by Needham on Friday, February 2. The stock has “Buy” rating by Maxim Group on Friday, February 2. As per Monday, December 18, the company rating was maintained by BMO Capital Markets. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, April 3. The firm has “Hold” rating given on Monday, April 30 by Oppenheimer. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Thursday, May 17 by Canaccord Genuity. BMO Capital Markets maintained it with “Market Perform” rating and $171 target in Wednesday, May 2 report.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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