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Steel Partners Holdings LP Increases Holding in Hugoton Rty Tr Tex (HGT); As Apple (AAPL) Share Value Rose, Shareholder Trustmark National Bank Trust Department Raised Its Stake

Warren Lichtenstein increased its stake in Hugoton Rty Tr Tex (HGT) by 498.39% based on its latest 2017Q3 regulatory filing with the SEC. Steel Partners Holdings Lp bought 832,885 shares as the company’s stock declined 4.88% while stock markets rallied. The hedge fund run by Warren Lichtenstein held 1.00 million shares of the oil & gas production company at the end of 2017Q3, valued at $1.85 million, up from 167,115 at the end of the previous reported quarter. Steel Partners Holdings Lp who had been investing in Hugoton Rty Tr Tex for a number of months, seems to be bullish on the $29.44 million market cap company. The stock decreased 4.05% or $0.031 during the last trading session, reaching $0.736. About 344,702 shares traded or 60.98% up from the average. Hugoton Royalty Trust (NYSE:HGT) has risen 26.62% since February 11, 2017 and is uptrending. It has outperformed by 9.92% the S&P500.

Trustmark National Bank Trust Department increased its stake in Apple Inc (AAPL) by 13.96% based on its latest 2017Q3 regulatory filing with the SEC. Trustmark National Bank Trust Department bought 4,051 shares as the company’s stock rose 12.78% with the market. The institutional investor held 33,066 shares of the computer manufacturing company at the end of 2017Q3, valued at $5.10M, up from 29,015 at the end of the previous reported quarter. Trustmark National Bank Trust Department who had been investing in Apple Inc for a number of months, seems to be bullish on the $793.63B market cap company. The stock increased 1.22% or $1.89 during the last trading session, reaching $156.41. About 70.67 million shares traded or 118.85% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 11, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 17 Hold. Therefore 66% are positive. Apple Inc. had 373 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Tuesday, December 22 by Cowen & Co. The stock of Apple Inc. (NASDAQ:AAPL) earned “Hold” rating by Deutsche Bank on Monday, January 11. On Friday, November 3 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Buy” rating by Canaccord Genuity on Friday, September 16. Needham initiated Apple Inc. (NASDAQ:AAPL) on Wednesday, April 6 with “Strong Buy” rating. Morgan Stanley maintained the stock with “Overweight” rating in Monday, July 17 report. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Canaccord Genuity on Wednesday, August 2. The company was maintained on Monday, June 12 by Citigroup. The stock of Apple Inc. (NASDAQ:AAPL) earned “Equal-Weight” rating by Barclays Capital on Wednesday, August 2. The company was maintained on Wednesday, December 23 by Stifel Nicolaus.

Since August 15, 2017, it had 0 insider purchases, and 8 insider sales for $72.17 million activity. 268,623 shares were sold by COOK TIMOTHY D, worth $43.15M on Thursday, August 24. Shares for $1.01 million were sold by KONDO CHRIS on Tuesday, August 15. SCHILLER PHILIP W also sold $8.79 million worth of Apple Inc. (NASDAQ:AAPL) on Tuesday, October 3. $2.42 million worth of stock was sold by Riccio Daniel J. on Thursday, October 5. AHRENDTS ANGELA J sold $9.78M worth of stock or 63,388 shares.

Trustmark National Bank Trust Department, which manages about $2.00 billion and $874.60 million US Long portfolio, decreased its stake in First Trust (FV) by 16,991 shares to 30,246 shares, valued at $792,000 in 2017Q3, according to the filing. It also reduced its holding in Spdr (SJNK) by 34,439 shares in the quarter, leaving it with 956,241 shares, and cut its stake in Wells Fargo & Company (NYSE:WFC).

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