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Apple (AAPL) Holding Lifted by Lau Associates Llc; As Pfizer (PFE) Shares Declined, Pinnacle Associates LTD Has Trimmed Stake

Lau Associates Llc increased its stake in Apple Inc (AAPL) by 4.93% based on its latest 2017Q3 regulatory filing with the SEC. Lau Associates Llc bought 3,075 shares as the company’s stock rose 12.78% with the market. The institutional investor held 65,399 shares of the computer manufacturing company at the end of 2017Q3, valued at $10.08 million, up from 62,324 at the end of the previous reported quarter. Lau Associates Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $907.84 billion market cap company. The stock decreased 0.45% or $0.8 during the last trading session, reaching $178.46. About 32.43M shares traded or 18.24% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 21, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Pinnacle Associates Ltd decreased its stake in Pfizer Inc (PFE) by 5.08% based on its latest 2017Q3 regulatory filing with the SEC. Pinnacle Associates Ltd sold 38,777 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 724,232 shares of the health care company at the end of 2017Q3, valued at $25.86 million, down from 763,009 at the end of the previous reported quarter. Pinnacle Associates Ltd who had been investing in Pfizer Inc for a number of months, seems to be less bullish one the $220.19 billion market cap company. The stock decreased 0.14% or $0.05 during the last trading session, reaching $36.94. About 29.54 million shares traded or 85.78% up from the average. Pfizer Inc. (NYSE:PFE) has declined 2.76% since January 21, 2017 and is downtrending. It has underperformed by 19.46% the S&P500.

Pinnacle Associates Ltd, which manages about $6.31 billion and $5.42B US Long portfolio, upped its stake in Xpo Logistics Inc (NYSE:XPO) by 29,820 shares to 40,945 shares, valued at $2.78M in 2017Q3, according to the filing. It also increased its holding in Suncor Energy Inc New (NYSE:SU) by 9,600 shares in the quarter, for a total of 62,321 shares, and has risen its stake in Lexicon Pharmaceuticals Inc.

Since August 4, 2017, it had 0 insider buys, and 10 selling transactions for $16.36 million activity. Shares for $249,900 were sold by MACKENZIE ALEXANDER R on Friday, September 1. SUSMAN SALLY had sold 38,230 shares worth $1.34M on Tuesday, September 12. Another trade for 197,168 shares valued at $6.70 million was sold by READ IAN C. DAMELIO FRANK A sold 94,409 shares worth $3.21 million. $296,560 worth of Pfizer Inc. (NYSE:PFE) shares were sold by JOHNSON RADY A.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.02, from 0.94 in 2017Q2. It is positive, as 53 investors sold PFE shares while 700 reduced holdings. 106 funds opened positions while 620 raised stakes. 4.06 billion shares or 0.86% more from 4.02 billion shares in 2017Q2 were reported. Congress Asset Mngmt Ma holds 0.01% or 13,076 shares in its portfolio. Foster Motley stated it has 282,792 shares or 1.74% of all its holdings. The Illinois-based Calamos Advsr Limited Company has invested 0.56% in Pfizer Inc. (NYSE:PFE). Perritt Capital Inc holds 16,783 shares. Wharton Business Gru Lc owns 10,070 shares. Schafer Cullen Mgmt has invested 1.82% in Pfizer Inc. (NYSE:PFE). Evercore Wealth Mgmt Lc stated it has 199,832 shares or 0.28% of all its holdings. First Long Island Invsts Ltd Com accumulated 394,938 shares or 2.04% of the stock. Mengis Capital Mngmt Inc reported 43,417 shares stake. Stifel Fin owns 7.36 million shares. Hm Payson & has 2.3% invested in Pfizer Inc. (NYSE:PFE) for 1.50M shares. Ifc Fl holds 0.17% in Pfizer Inc. (NYSE:PFE) or 68,386 shares. Liberty Cap Inc reported 11,579 shares stake. Baker Ellis Asset Mgmt Lc holds 0.38% in Pfizer Inc. (NYSE:PFE) or 40,143 shares. Quantres Asset Mngmt Limited reported 8,400 shares.

Among 21 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 11 Hold. Therefore 43% are positive. Pfizer had 68 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, November 3 by Argus Research. On Wednesday, October 28 the stock rating was maintained by Deutsche Bank with “Buy”. As per Friday, April 28, the company rating was maintained by BMO Capital Markets. The stock of Pfizer Inc. (NYSE:PFE) earned “Buy” rating by Jefferies on Tuesday, June 14. The company was maintained on Monday, May 2 by Leerink Swann. The rating was maintained by Credit Suisse with “Outperform” on Monday, May 9. Cowen & Co upgraded it to “Outperform” rating and $43 target in Tuesday, October 20 report. Suntrust Robinson upgraded it to “Neutral” rating and $37 target in Wednesday, November 25 report. The rating was reinitiated by JP Morgan on Thursday, April 7 with “Overweight”. The stock has “Hold” rating by S&P Research on Wednesday, October 28.

Analysts await Pfizer Inc. (NYSE:PFE) to report earnings on January, 30. They expect $0.56 earnings per share, up 19.15% or $0.09 from last year’s $0.47 per share. PFE’s profit will be $3.34 billion for 16.49 P/E if the $0.56 EPS becomes a reality. After $0.67 actual earnings per share reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts -16.42% negative EPS growth.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It is positive, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. Massachusetts Financial Svcs Ma, a Massachusetts-based fund reported 9.18 million shares. Capital Counsel Limited Company Ny reported 29,106 shares. Moreover, National Bank & Trust Of Nova Scotia Tru has 0.82% invested in Apple Inc. (NASDAQ:AAPL). Kwmg Lc has invested 0.16% of its portfolio in Apple Inc. (NASDAQ:AAPL). Greenleaf Trust reported 0.43% in Apple Inc. (NASDAQ:AAPL). Stanley has 0.27% invested in Apple Inc. (NASDAQ:AAPL). Forward Mgmt Limited Liability Company holds 9,739 shares. First Trust Advsr LP reported 0.48% in Apple Inc. (NASDAQ:AAPL). Grimes And owns 1.77% invested in Apple Inc. (NASDAQ:AAPL) for 108,188 shares. Scotia invested in 811,029 shares or 1.78% of the stock. Boyar Asset Mngmt owns 1,739 shares. Hexavest accumulated 1.40 million shares. Mitsubishi Ufj Secs Co Limited owns 5,910 shares. Ray Gerald L & Limited holds 161,639 shares. Parus Fin (Uk) Limited stated it has 501,600 shares.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 39 have Buy rating, 1 Sell and 12 Hold. Therefore 75% are positive. Apple Inc. had 351 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, January 18 the stock rating was maintained by Mizuho with “Hold”. Needham maintained the stock with “Buy” rating in Thursday, July 27 report. S&P Research maintained it with “Strong Buy” rating and $150 target in Thursday, September 24 report. The rating was maintained by FBR Capital on Friday, February 12 with “Outperform”. Oppenheimer maintained the shares of AAPL in report on Tuesday, June 6 with “Hold” rating. Maxim Group upgraded Apple Inc. (NASDAQ:AAPL) rating on Friday, October 23. Maxim Group has “Buy” rating and $167.0 target. As per Wednesday, September 13, the company rating was maintained by Nomura. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, August 2 by J.P. Morgan. As per Thursday, August 20, the company rating was maintained by Bernstein. On Wednesday, October 28 the stock rating was maintained by Mizuho with “Hold”.

Since August 7, 2017, it had 0 buys, and 12 selling transactions for $93.68 million activity. 268,623 shares were sold by COOK TIMOTHY D, worth $43.15M. AHRENDTS ANGELA J had sold 63,388 shares worth $9.78 million on Tuesday, October 3. FEDERIGHI CRAIG also sold $9.98 million worth of Apple Inc. (NASDAQ:AAPL) shares. Riccio Daniel J. also sold $2.73M worth of Apple Inc. (NASDAQ:AAPL) shares. 31,625 Apple Inc. (NASDAQ:AAPL) shares with value of $5.00 million were sold by SEWELL D BRUCE. Another trade for 35,000 shares valued at $5.52 million was sold by LEVINSON ARTHUR D.

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