Stock News

As Apple (AAPL) Share Price Declined, Trust Company Of Virginia Has Lifted Stake by $867,477; Glg Partners LP Decreased Patterson Uti Energy (PTEN) Position by $2.38 Million as Shares Declined

Apple Inc. (NASDAQ:AAPL) Logo

Trust Company Of Virginia increased its stake in Apple Inc (AAPL) by 5.62% based on its latest 2017Q4 regulatory filing with the SEC. Trust Company Of Virginia bought 5,133 shares as the company’s stock declined 3.81% with the market. The institutional investor held 96,539 shares of the computer manufacturing company at the end of 2017Q4, valued at $16.34 million, up from 91,406 at the end of the previous reported quarter. Trust Company Of Virginia who had been investing in Apple Inc for a number of months, seems to be bullish on the $876.76 billion market cap company. The stock decreased 2.84% or $5.04 during the last trading session, reaching $172.79. About 23.19M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 19, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Noam Gottesman decreased its stake in Patterson Uti Energy Inc (PTEN) by 8.29% based on its latest 2017Q4 regulatory filing with the SEC. Glg Partners Lp sold 103,276 shares as the company’s stock declined 22.71% with the market. The hedge fund run by Noam Gottesman held 1.14 million shares of the energy company at the end of 2017Q4, valued at $26.28 million, down from 1.25M at the end of the previous reported quarter. Glg Partners Lp who had been investing in Patterson Uti Energy Inc for a number of months, seems to be less bullish one the $4.51B market cap company. The stock decreased 1.19% or $0.25 during the last trading session, reaching $20.38. About 2.44 million shares traded. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has declined 24.28% since April 19, 2017 and is downtrending. It has underperformed by 35.83% the S&P500.

Investors sentiment decreased to 1.38 in 2017 Q4. Its down 0.03, from 1.41 in 2017Q3. It dropped, as 20 investors sold PTEN shares while 84 reduced holdings. 49 funds opened positions while 94 raised stakes. 212.21 million shares or 2.46% more from 207.11 million shares in 2017Q3 were reported. Bessemer Group Incorporated reported 0% stake. Aqr Capital Management Limited Company accumulated 383,438 shares or 0.01% of the stock. Intrepid Cap Mngmt stated it has 5.02% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Bluecrest Capital Ltd reported 0.13% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Western Asset accumulated 0.02% or 1,797 shares. Advantus Capital Mgmt owns 27,398 shares. Proshare reported 35,562 shares. Capstone Invest Advsr Ltd Liability Corp stated it has 8,444 shares or 0.01% of all its holdings. Barclays Public Lc holds 0% or 193,439 shares in its portfolio. 1.09M were accumulated by Morgan Stanley. First Pacific Advisors Limited Liability Company owns 1.73 million shares or 0.3% of their US portfolio. Brown Brothers Harriman And Co reported 550 shares stake. Credit Suisse Ag stated it has 0.01% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). State Of Wisconsin Inv Board reported 0% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Tower Research Capital (Trc) invested in 8,444 shares or 0.03% of the stock.

Among 31 analysts covering Patterson-UTI Energy Inc (NASDAQ:PTEN), 23 have Buy rating, 0 Sell and 8 Hold. Therefore 74% are positive. Patterson-UTI Energy Inc had 108 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of PTEN in report on Monday, October 2 with “Buy” rating. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) earned “Buy” rating by Piper Jaffray on Tuesday, September 5. Piper Jaffray upgraded the stock to “Overweight” rating in Wednesday, June 29 report. Piper Jaffray maintained it with “Buy” rating and $24.0 target in Tuesday, October 31 report. Cowen & Co upgraded the shares of PTEN in report on Friday, April 13 to “Buy” rating. On Friday, September 4 the stock rating was maintained by Credit Suisse with “Neutral”. The company was maintained on Friday, February 9 by Cowen & Co. The company was downgraded on Friday, April 29 by Wunderlich. The rating was maintained by Jefferies with “Buy” on Thursday, February 8. The rating was maintained by Jefferies with “Buy” on Thursday, July 13.

Since March 13, 2018, it had 0 insider buys, and 1 sale for $194,600 activity.

Glg Partners Lp, which manages about $27.28B and $2.14 billion US Long portfolio, upped its stake in Warrior Met Coal Inc by 37,326 shares to 60,413 shares, valued at $1.52 million in 2017Q4, according to the filing. It also increased its holding in Check Point Software Tech Lt (NASDAQ:CHKP) by 15,692 shares in the quarter, for a total of 46,386 shares, and has risen its stake in Olin Corp (NYSE:OLN).

Analysts await Patterson-UTI Energy, Inc. (NASDAQ:PTEN) to report earnings on April, 26 before the open. They expect $-0.09 earnings per share, up 78.57% or $0.33 from last year’s $-0.42 per share. After $-0.10 actual earnings per share reported by Patterson-UTI Energy, Inc. for the previous quarter, Wall Street now forecasts -10.00% EPS growth.

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 394 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Guggenheim on Thursday, January 18. Piper Jaffray maintained it with “Buy” rating and $172 target in Monday, August 31 report. As per Wednesday, August 2, the company rating was maintained by FBN Securities. The stock has “Buy” rating by Mizuho on Monday, July 10. On Friday, September 11 the stock rating was maintained by FBR Capital with “Buy”. As per Thursday, October 22, the company rating was maintained by Susquehanna. Susquehanna maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, October 28 with “Buy” rating. The firm earned “Equal Weight” rating on Friday, September 11 by Pacific Crest. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, August 9. The rating was maintained by CLSA with “Buy” on Wednesday, April 27.

Since December 7, 2017, it had 0 insider buys, and 4 selling transactions for $19.89 million activity. 69,491 shares were sold by SCHILLER PHILIP W, worth $11.56 million.

Investors sentiment increased to 0.73 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3. It increased, as 50 investors sold AAPL shares while 1023 reduced holdings. 151 funds opened positions while 637 raised stakes. 2.98 billion shares or 0.18% more from 2.97 billion shares in 2017Q3 were reported. Paradigm Advsr Ltd Co accumulated 98,736 shares. Moreover, Groesbeck Investment Nj has 0.57% invested in Apple Inc. (NASDAQ:AAPL). Boltwood Mgmt holds 24,694 shares or 2.56% of its portfolio. Blair William & Il accumulated 3.19% or 2.77M shares. Grandfield And Dodd Ltd Llc has invested 0.53% in Apple Inc. (NASDAQ:AAPL). Bluestein R H invested in 4.57% or 520,040 shares. 22,537 are owned by Redmond Asset Management Ltd Com. Paragon Capital Mgmt Ltd owns 9,268 shares or 0.62% of their US portfolio. 25,930 are held by Chase Inv Counsel. Smith Moore And holds 1.68% or 36,872 shares. Sii Invs Wi holds 1.05% in Apple Inc. (NASDAQ:AAPL) or 59,810 shares. First City Management holds 1.02% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 8,862 shares. Meiji Yasuda Life Ins Co owns 124,898 shares or 2.91% of their US portfolio. Toth Advisory has 0.85% invested in Apple Inc. (NASDAQ:AAPL) for 21,271 shares. Eidelman Virant Capital invested in 18,415 shares or 1.83% of the stock.

Trust Company Of Virginia, which manages about $715.66M US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 74,676 shares to 350,566 shares, valued at $6.12M in 2017Q4, according to the filing. It also reduced its holding in Vanguard Index Fds (VO) by 2,011 shares in the quarter, leaving it with 184,484 shares, and cut its stake in Select Sector Spdr Tr (XLK).

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *