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As Wesco International (WCC) Shares Declined, Polaris Capital Management Has Raised Stake; As Apple (AAPL) Market Valuation Declined, Ensemble Capital Management Cut Holding by $2.80 Million

WESCO International, Inc. (NYSE:WCC) Logo

Bernard Horn increased its stake in Wesco International Inc (WCC) by 4.86% based on its latest 2017Q4 regulatory filing with the SEC. Polaris Capital Management Llc bought 32,300 shares as the company’s stock declined 6.71% with the market. The hedge fund run by Bernard Horn held 697,011 shares of the consumer non-durables company at the end of 2017Q4, valued at $47.50M, up from 664,711 at the end of the previous reported quarter. Polaris Capital Management Llc who had been investing in Wesco International Inc for a number of months, seems to be bullish on the $2.81B market cap company. The stock increased 0.08% or $0.05 during the last trading session, reaching $59.6. About 447,513 shares traded or 7.35% up from the average. WESCO International, Inc. (NYSE:WCC) has declined 10.64% since May 16, 2017 and is downtrending. It has underperformed by 22.19% the S&P500.

Ensemble Capital Management Llc decreased its stake in Apple Inc (AAPL) by 10.03% based on its latest 2017Q4 regulatory filing with the SEC. Ensemble Capital Management Llc sold 16,555 shares as the company’s stock declined 3.81% with the market. The institutional investor held 148,452 shares of the computer manufacturing company at the end of 2017Q4, valued at $25.12M, down from 165,007 at the end of the previous reported quarter. Ensemble Capital Management Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $925.00B market cap company. The stock increased 0.94% or $1.7542 during the last trading session, reaching $188.1942. About 14.97 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 16, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Among 20 analysts covering Wesco International Inc. (NYSE:WCC), 9 have Buy rating, 0 Sell and 11 Hold. Therefore 45% are positive. Wesco International Inc. had 71 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 7 by Oppenheimer. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, December 14. The rating was maintained by RBC Capital Markets on Thursday, February 1 with “Hold”. The firm has “Buy” rating by KeyBanc Capital Markets given on Thursday, October 26. Morgan Stanley maintained the stock with “Overweight” rating in Monday, October 2 report. The company was downgraded on Wednesday, December 13 by Credit Suisse. As per Thursday, August 10, the company rating was maintained by Oppenheimer. Sterne Agee CRT initiated the stock with “Neutral” rating in Tuesday, March 22 report. The stock of WESCO International, Inc. (NYSE:WCC) has “Outperform” rating given on Friday, June 17 by Credit Suisse. The firm earned “Outperform” rating on Wednesday, December 16 by RBC Capital Markets.

Investors sentiment increased to 1.27 in Q4 2017. Its up 0.29, from 0.98 in 2017Q3. It increased, as 17 investors sold WCC shares while 68 reduced holdings. 43 funds opened positions while 65 raised stakes. 46.81 million shares or 2.52% more from 45.65 million shares in 2017Q3 were reported. Wasatch Advsrs stated it has 2.21% of its portfolio in WESCO International, Inc. (NYSE:WCC). Utah Retirement, Utah-based fund reported 8,793 shares. Tudor Inv Et Al holds 0.01% of its portfolio in WESCO International, Inc. (NYSE:WCC) for 5,966 shares. Credit Suisse Ag owns 45,097 shares. Federated Pa has 43,570 shares. Parametrica holds 5,635 shares or 0.24% of its portfolio. Edgepoint Inv Gp reported 4.17M shares or 4.06% of all its holdings. Wcm Investment Mgmt Ca holds 94,310 shares or 0.07% of its portfolio. Moreover, Wealth Enhancement Advisory Services Ltd Co has 0.08% invested in WESCO International, Inc. (NYSE:WCC). Fny Managed Accounts Ltd Liability Co invested 0% in WESCO International, Inc. (NYSE:WCC). 132,647 were accumulated by California Employees Retirement. Brandywine Global Inv Limited Liability Co reported 71,304 shares stake. Millennium Mgmt Limited Liability Corporation holds 0.01% of its portfolio in WESCO International, Inc. (NYSE:WCC) for 128,526 shares. Hsbc Hldgs Public Limited reported 0% of its portfolio in WESCO International, Inc. (NYSE:WCC). Goldman Sachs Gru owns 758,188 shares or 0.01% of their US portfolio.

Polaris Capital Management Llc, which manages about $4.42 billion and $2.14B US Long portfolio, decreased its stake in Ferro Corp (NYSE:FOE) by 84,100 shares to 103,935 shares, valued at $2.45 million in 2017Q4, according to the filing. It also reduced its holding in Integrated Device Tech Inc (NASDAQ:IDTI) by 29,500 shares in the quarter, leaving it with 78,339 shares, and cut its stake in Digital Realty Trust Inc (NYSE:DLR).

Since December 12, 2017, it had 0 insider buys, and 3 sales for $473,804 activity. Singleton James Louis sold 5,898 shares worth $376,603.

Another recent and important WESCO International, Inc. (NYSE:WCC) news was published by Seekingalpha.com which published an article titled: “WESCO International (WCC) Q1 2018 Results – Earnings Call Transcript” on April 26, 2018.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Finance.Yahoo.com which released: “Streaming Alone Makes Walt Disney Co Stock a No-Brainer Value Buy” on May 16, 2018, also Seekingalpha.com with their article: “DoT announces drone project winners” published on May 10, 2018, Bizjournals.com published: “Multiple sources say Silicon Valley electronics giant Apple is zeroing in on Research Triangle Park for a new jobs …” on May 15, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Apple’s Dividend: An Opportunity Wasted” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “Buffett’s Berkshire 13F Confirms Increase in Apple (AAPL) Stake Along with Increase in Holdings of Teva (TEVA) (More…)” with publication date: May 15, 2018.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 EPS, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76 billion for 21.48 P/E if the $2.19 EPS becomes a reality. After $2.73 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. had 413 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Rosenblatt on Wednesday, August 26 with “Buy”. Piper Jaffray maintained Apple Inc. (NASDAQ:AAPL) on Monday, July 10 with “Buy” rating. The firm earned “Buy” rating on Friday, January 12 by Piper Jaffray. The stock of Apple Inc. (NASDAQ:AAPL) earned “Hold” rating by Deutsche Bank on Monday, January 11. Rosenblatt maintained Apple Inc. (NASDAQ:AAPL) on Tuesday, September 26 with “Hold” rating. Morgan Stanley maintained Apple Inc. (NASDAQ:AAPL) rating on Wednesday, October 28. Morgan Stanley has “Overweight” rating and $152 target. The rating was maintained by Robert W. Baird on Wednesday, April 27 with “Outperform”. The stock of Apple Inc. (NASDAQ:AAPL) earned “Overweight” rating by Pacific Crest on Monday, March 7. Oppenheimer downgraded Apple Inc. (NASDAQ:AAPL) on Wednesday, April 27 to “Perform” rating. Barclays Capital maintained the stock with “Overweight” rating in Monday, December 14 report.

Since December 7, 2017, it had 0 insider purchases, and 8 insider sales for $42.88 million activity. 39,122 shares valued at $6.83 million were sold by Maestri Luca on Thursday, April 12. SCHILLER PHILIP W sold $11.56 million worth of stock or 69,491 shares. Riccio Daniel J. sold $2.65M worth of stock or 15,641 shares. 15,653 shares valued at $2.90 million were sold by WILLIAMS JEFFREY E on Tuesday, May 8. $6.75M worth of Apple Inc. (NASDAQ:AAPL) shares were sold by AHRENDTS ANGELA J.

WESCO International, Inc. (NYSE:WCC) Institutional Positions Chart

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