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Levin Capital Strategies LP Position in Apple (AAPL) Lowered by $4.91 Million as Market Valuation Declined; Gallagher Arthur J & Co (AJG) Valuation Rose While Andra Ap-Fonden Cut Position

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Andra Ap-Fonden decreased its stake in Gallagher Arthur J & Co (AJG) by 14.48% based on its latest 2017Q4 regulatory filing with the SEC. Andra Ap-Fonden sold 9,400 shares as the company’s stock rose 7.88% while stock markets declined. The institutional investor held 55,500 shares of the specialty insurers company at the end of 2017Q4, valued at $3.51M, down from 64,900 at the end of the previous reported quarter. Andra Ap-Fonden who had been investing in Gallagher Arthur J & Co for a number of months, seems to be less bullish one the $12.66 billion market cap company. The stock decreased 1.01% or $0.71 during the last trading session, reaching $69.56. About 703,575 shares traded. Arthur J. Gallagher & Co. (NYSE:AJG) has risen 19.44% since April 25, 2017 and is uptrending. It has outperformed by 7.89% the S&P500.

John A. Levin decreased its stake in Apple Inc (AAPL) by 2.58% based on its latest 2017Q4 regulatory filing with the SEC. Levin Capital Strategies Lp sold 29,064 shares as the company’s stock declined 3.81% with the market. The hedge fund run by John A. Levin held 1.10M shares of the computer manufacturing company at the end of 2017Q4, valued at $186.02M, down from 1.13 million at the end of the previous reported quarter. Levin Capital Strategies Lp who had been investing in Apple Inc for a number of months, seems to be less bullish one the $826.76B market cap company. The stock decreased 1.39% or $2.3 during the last trading session, reaching $162.94. About 31.71 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 25, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Since November 3, 2017, it had 0 insider buys, and 11 sales for $4.47 million activity. Another trade for 10,800 shares valued at $743,492 was made by HOWELL DOUGLAS K on Thursday, February 15. Pietrucha Susan E also sold $103,143 worth of Arthur J. Gallagher & Co. (NYSE:AJG) shares. 11,500 shares were sold by GALLAGHER THOMAS JOSEPH, worth $802,700. On Friday, February 9 English Frank E. Jr. sold $38,226 worth of Arthur J. Gallagher & Co. (NYSE:AJG) or 600 shares. Another trade for 10,600 shares valued at $768,500 was sold by Cavaness Joel D. Another trade for 8,900 shares valued at $619,529 was made by Ziebell William F on Tuesday, February 27.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.13, from 1.08 in 2017Q3. It is positive, as 23 investors sold AJG shares while 166 reduced holdings. 77 funds opened positions while 151 raised stakes. 146.59 million shares or 1.84% more from 143.95 million shares in 2017Q3 were reported. Loring Wolcott Coolidge Fiduciary Advsrs Llp Ma owns 12 shares. Mount Lucas Mgmt Ltd Partnership has invested 0.43% in Arthur J. Gallagher & Co. (NYSE:AJG). Ironwood Investment Counsel reported 3,652 shares or 0.09% of all its holdings. Asset Mngmt owns 4,837 shares. Mufg Americas Holdings Corporation invested 0% in Arthur J. Gallagher & Co. (NYSE:AJG). Livforsakringsbolaget Skandia Omsesidigt stated it has 2,700 shares. Asset Management One Communications Ltd reported 268,336 shares. Qs Invsts Ltd holds 0% or 2,307 shares. Cleararc Capital Inc reported 4,609 shares. Sun Life Financial reported 0% of its portfolio in Arthur J. Gallagher & Co. (NYSE:AJG). Lmr Prns Llp owns 12,796 shares for 0.08% of their portfolio. Moreover, Peak6 Invs LP has 0% invested in Arthur J. Gallagher & Co. (NYSE:AJG). Counselors invested 0.06% of its portfolio in Arthur J. Gallagher & Co. (NYSE:AJG). Icon Advisers reported 0.05% in Arthur J. Gallagher & Co. (NYSE:AJG). Cornerstone Capital Mgmt Llc reported 0.04% of its portfolio in Arthur J. Gallagher & Co. (NYSE:AJG).

Andra Ap-Fonden, which manages about $4.40B US Long portfolio, upped its stake in Methanex Corp (NASDAQ:MEOH) by 5,800 shares to 39,300 shares, valued at $2.99 million in 2017Q4, according to the filing. It also increased its holding in Brown Forman Corp (NYSE:BF.B) by 19,100 shares in the quarter, for a total of 65,900 shares, and has risen its stake in Cardinal Health Inc (NYSE:CAH).

Among 14 analysts covering Arthur J. Gallagher (NYSE:AJG), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. Arthur J. Gallagher had 52 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, December 8 by RBC Capital Markets. Keefe Bruyette & Woods maintained it with “Buy” rating and $6200 target in Wednesday, June 7 report. Wells Fargo maintained Arthur J. Gallagher & Co. (NYSE:AJG) on Tuesday, June 13 with “Buy” rating. Raymond James downgraded Arthur J. Gallagher & Co. (NYSE:AJG) on Tuesday, May 2 to “Market Perform” rating. The rating was maintained by Credit Suisse on Friday, October 27 with “Outperform”. SunTrust maintained the shares of AJG in report on Thursday, January 25 with “Buy” rating. As per Monday, August 7, the company rating was maintained by Citigroup. The firm earned “Hold” rating on Friday, July 28 by RBC Capital Markets. The firm earned “Buy” rating on Friday, February 5 by Compass Point. The rating was maintained by RBC Capital Markets with “Hold” on Friday, October 27.

Analysts await Arthur J. Gallagher & Co. (NYSE:AJG) to report earnings on April, 26. They expect $0.95 earnings per share, up 137.50% or $0.55 from last year’s $0.4 per share. AJG’s profit will be $172.94 million for 18.31 P/E if the $0.95 EPS becomes a reality. After $0.82 actual earnings per share reported by Arthur J. Gallagher & Co. for the previous quarter, Wall Street now forecasts 15.85% EPS growth.

Levin Capital Strategies Lp, which manages about $8.28 billion and $5.92 billion US Long portfolio, upped its stake in Hess Corp (NYSE:HES) by 179,125 shares to 4.19 million shares, valued at $199.05M in 2017Q4, according to the filing. It also increased its holding in American Axle & Mfg Hldgs In (NYSE:AXL) by 1.65 million shares in the quarter, for a total of 3.55M shares, and has risen its stake in Kinder Morgan Inc Del (NYSE:KMI).

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 401 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Tuesday, April 4 by Pacific Crest. The stock has “Buy” rating by Loop Capital Markets on Monday, July 24. The firm has “Buy” rating given on Wednesday, March 28 by RBC Capital Markets. The firm has “Overweight” rating given on Wednesday, October 28 by Piper Jaffray. On Wednesday, January 17 the stock rating was downgraded by Longbow to “Neutral”. The rating was maintained by Maxim Group with “Buy” on Thursday, November 2. The stock has “Overweight” rating by Barclays Capital on Wednesday, April 27. Morgan Stanley maintained it with “Overweight” rating and $200 target in Friday, April 20 report. The firm has “Buy” rating by Nomura given on Wednesday, September 13. The rating was maintained by Mizuho with “Hold” on Wednesday, October 28.

Since December 7, 2017, it had 0 insider buys, and 5 selling transactions for $26.72 million activity. SCHILLER PHILIP W had sold 69,491 shares worth $11.56M. The insider Maestri Luca sold 39,122 shares worth $6.83 million.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1 after the close. They expect $2.71 earnings per share, up 29.05% or $0.61 from last year’s $2.1 per share. AAPL’s profit will be $13.75 billion for 15.03 P/E if the $2.71 EPS becomes a reality. After $3.89 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.33% negative EPS growth.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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