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Apple (AAPL) Shareholder Golub Group Has Decreased Stake by $25.23 Million as Stock Rose; Apple (AAPL) Shares Rose While Benjamin F Edwards & Company Trimmed Its Stake by $926,156

Golub Group Llc decreased its stake in Apple Inc (AAPL) by 40.63% based on its latest 2017Q3 regulatory filing with the SEC. Golub Group Llc sold 163,820 shares as the company’s stock rose 12.78% with the market. The institutional investor held 239,384 shares of the computer manufacturing company at the end of 2017Q3, valued at $36.89M, down from 403,204 at the end of the previous reported quarter. Golub Group Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $868.01 billion market cap company. The stock decreased 0.45% or $0.78 during the last trading session, reaching $171.07. About 37.47 million shares traded or 8.45% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 22, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Benjamin F Edwards & Company Inc decreased its stake in Apple Inc (AAPL) by 8.31% based on its latest 2017Q3 regulatory filing with the SEC. Benjamin F Edwards & Company Inc sold 6,014 shares as the company’s stock rose 12.78% with the market. The institutional investor held 66,343 shares of the computer manufacturing company at the end of 2017Q3, valued at $10.23 million, down from 72,357 at the end of the previous reported quarter. Benjamin F Edwards & Company Inc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $868.01B market cap company. The stock decreased 0.45% or $0.78 during the last trading session, reaching $171.07. About 37.47 million shares traded or 8.45% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 22, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 34 have Buy rating, 1 Sell and 18 Hold. Therefore 64% are positive. Apple Inc. had 378 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Maxim Group on Thursday, November 2. Longbow upgraded it to “Outperform” rating and $135 target in Wednesday, March 30 report. The rating was downgraded by Atlantic Securities on Monday, January 22 to “Neutral”. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Monday, November 27 by UBS. The rating was maintained by Morgan Stanley with “Overweight” on Monday, October 12. On Tuesday, January 24 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The stock has “Buy” rating by Goldman Sachs on Tuesday, September 22. As per Tuesday, August 11, the company rating was maintained by Jefferies. The company was maintained on Wednesday, August 2 by Barclays Capital. The rating was maintained by Deutsche Bank with “Hold” on Monday, July 17.

Golub Group Llc, which manages about $1.01 billion and $1.08B US Long portfolio, upped its stake in Bank Amer Corp (NYSE:BAC) by 402,075 shares to 1.42 million shares, valued at $35.89M in 2017Q3, according to the filing. It also increased its holding in Flowserve Corp (NYSE:FLS) by 52,722 shares in the quarter, for a total of 1.22M shares, and has risen its stake in Bank New York Mellon Corp (NYSE:BK).

Since August 24, 2017, it had 0 buys, and 6 insider sales for $27.32 million activity. Srouji Johny sold 5,892 shares worth $948,612. Riccio Daniel J. sold $2.65 million worth of stock. SCHILLER PHILIP W sold $8.79M worth of stock or 56,808 shares. 63,388 shares were sold by AHRENDTS ANGELA J, worth $9.78M on Tuesday, October 3.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It improved, 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. Bedell Frazier Investment Counseling Lc holds 8.01% or 112,788 shares. Santa Barbara Asset Mgmt Ltd Liability Company, California-based fund reported 1.72 million shares. Moreover, Stratos Wealth Prns Limited has 1.49% invested in Apple Inc. (NASDAQ:AAPL). Guardian Cap Advsrs Ltd Partnership stated it has 23,284 shares. Private Advsr owns 85,440 shares. 125,961 are held by South State Corp. Cookson Peirce & Company owns 167,503 shares or 2.67% of their US portfolio. Ubs Asset Americas Inc holds 17.36 million shares. Grand Jean Mngmt reported 122,365 shares. Sns Financial Group Inc Ltd Llc owns 92,666 shares for 3.66% of their portfolio. Athena Advsrs Limited Liability Com reported 0.98% in Apple Inc. (NASDAQ:AAPL). Spears Abacus Advsrs Limited Company holds 3.56% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 192,959 shares. Tillar accumulated 16,630 shares. Oxbow Advisors Ltd Liability owns 64,748 shares. Van Hulzen Asset Ltd holds 5.54% or 106,512 shares in its portfolio.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1. They expect $2.72 earnings per share, up 29.52% or $0.62 from last year’s $2.1 per share. AAPL’s profit will be $13.80B for 15.72 P/E if the $2.72 EPS becomes a reality. After $3.89 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.08% negative EPS growth.

Benjamin F Edwards & Company Inc, which manages about $3.12B and $831.52 million US Long portfolio, upped its stake in Nextera Energy Inc (NYSE:NEE) by 2,683 shares to 32,005 shares, valued at $4.69 million in 2017Q3, according to the filing. It also increased its holding in Select Sector Spdr Tr (XLF) by 24,431 shares in the quarter, for a total of 53,573 shares, and has risen its stake in Abbvie Inc (NYSE:ABBV).

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1. They expect $2.72 earnings per share, up 29.52% or $0.62 from last year’s $2.1 per share. AAPL’s profit will be $13.80 billion for 15.72 P/E if the $2.72 EPS becomes a reality. After $3.89 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.08% negative EPS growth.

Since August 24, 2017, it had 0 insider purchases, and 6 sales for $27.32 million activity. Srouji Johny sold $948,612 worth of stock. SCHILLER PHILIP W sold 56,808 shares worth $8.79 million. Shares for $9.78 million were sold by AHRENDTS ANGELA J on Tuesday, October 3. $43.15M worth of Apple Inc. (NASDAQ:AAPL) was sold by COOK TIMOTHY D on Thursday, August 24.

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