Market News

Tnb Financial Holding in Flowers Foods (FLO) Has Decreased by $2.09 Million; As Apple Com (AAPL) Share Price Rose, Shareholder 12Th Street Asset Management Company Trimmed Its Holding

Flowers Foods, Inc. (NYSE:FLO) Logo

12Th Street Asset Management Company Llc decreased its stake in Apple Inc Com (AAPL) by 52.63% based on its latest 2018Q1 regulatory filing with the SEC. 12Th Street Asset Management Company Llc sold 76,894 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 69,202 shares of the computer manufacturing company at the end of 2018Q1, valued at $11.63 million, down from 146,096 at the end of the previous reported quarter. 12Th Street Asset Management Company Llc who had been investing in Apple Inc Com for a number of months, seems to be less bullish one the $940.03 billion market cap company. The stock increased 0.29% or $0.552 during the last trading session, reaching $191.252. About 8.26M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 14, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 13/04/2018 – KBRA Publishes CMBS Research: “Slowing Rents Bite the Big Apple”; 08/03/2018 – Apple also issued its conflict minerals report; 24/05/2018 – Morgan Stanley believes investors are underestimating the potential of Apple’s services businesses; 25/04/2018 – Apple CEO Tim Cook will meet Donald Trump today; 03/04/2018 – Apple to replace Intel chips with own processors in 2020 Macs, sources say; 02/05/2018 – Cramer applauds Apple’s emerging razor-razorblade model: This could be ‘huge’; 27/03/2018 – Tim Cook says Apple has been fortunate to be invited into classrooms all over the world. “They inspire us to create even better products” to help them unlock creative genius. #AppleEDUchat; 04/05/2018 – ♫ Reuters Insider – U.S. Morning Call: Jobs; China trade talks and Apple; 27/03/2018 – Tech companies, like Amazon, Apple and IBM, all cover the surgery; 22/05/2018 – Starbucks’s mobile payments system is so popular in the U.S., it has more users than Apple’s or Google’s

Tnb Financial decreased its stake in Flowers Foods Inc (FLO) by 10.84% based on its latest 2018Q1 regulatory filing with the SEC. Tnb Financial sold 99,652 shares as the company’s stock declined 5.61% with the market. The institutional investor held 819,380 shares of the consumer non-durables company at the end of 2018Q1, valued at $17.91 million, down from 919,032 at the end of the previous reported quarter. Tnb Financial who had been investing in Flowers Foods Inc for a number of months, seems to be less bullish one the $4.27 billion market cap company. The stock decreased 0.49% or $0.1 during the last trading session, reaching $20.27. About 326,239 shares traded. Flowers Foods, Inc. (NYSE:FLO) has risen 8.27% since June 14, 2017 and is uptrending. It has underperformed by 4.30% the S&P500. Some Historical FLO News: 22/04/2018 – DJ Flowers Foods Inc, Inst Holders, 1Q 2018 (FLO); 24/05/2018 – FLOWERS FOODS BOOSTS QTRLY DIV; 16/05/2018 – Flowers Foods 1Q Net $51.2M; 16/05/2018 – FLOWERS FOODS INC – REAFFIRMED OUTLOOK FOR FISCAL 2018; 24/05/2018 – Flowers Foods Increases Quarterly Dividend; 16/05/2018 – FLOWERS FOODS INC FLO.N FY2018 SHR VIEW $1.10, REV VIEW $3.96 BLN — THOMSON REUTERS l/B/E/S; 16/05/2018 – FLOWERS FOODS REAFFIRMED OUTLOOK FOR FISCAL 2018; 16/05/2018 – Flowers Foods 1Q Adj EPS 30c; 23/04/2018 – Nature’s Own Introduces Nature’s Own® Perfectly Crafted™ Artisan-inspired, Thick-sliced Bakery Bread; 17/05/2018 – Flowers Foods Closes Below 200-Day Moving Average: Technicals

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 21.83 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), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 421 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Thursday, September 14 by Loop Capital Markets. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, October 18 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, April 27 by Maxim Group. Nomura maintained Apple Inc. (NASDAQ:AAPL) rating on Monday, May 21. Nomura has “Hold” rating and $17500 target. On Friday, April 20 the stock rating was maintained by Morgan Stanley with “Overweight”. The company was maintained on Monday, July 10 by Piper Jaffray. Wells Fargo maintained Apple Inc. (NASDAQ:AAPL) on Monday, February 12 with “Hold” rating. Oppenheimer maintained the shares of AAPL in report on Tuesday, August 11 with “Outperform” rating. As per Tuesday, September 12, the company rating was maintained by UBS. The company was downgraded on Monday, June 5 by Pacific Crest.

Since January 5, 2018, it had 0 insider purchases, and 12 sales for $51.10 million activity. KONDO CHRIS sold $910,129 worth of stock. Maestri Luca sold 39,122 shares worth $6.83M. Shares for $6.75M were sold by AHRENDTS ANGELA J. 35,000 shares valued at $6.51M were sold by LEVINSON ARTHUR D on Wednesday, May 9. 15,653 Apple Inc. (NASDAQ:AAPL) shares with value of $2.90 million were sold by WILLIAMS JEFFREY E. Srouji Johny sold 14,976 shares worth $2.81M.

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It dived, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. 28,122 were reported by Raab & Moskowitz Asset Management Ltd Limited Liability Company. Founders Cap Management Ltd Llc stated it has 0.42% of its portfolio in Apple Inc. (NASDAQ:AAPL). Moreover, Bryn Mawr Tru has 2.47% invested in Apple Inc. (NASDAQ:AAPL). Parnassus Ca accumulated 2.02 million shares. Pictet Bancorp & Limited holds 44,894 shares. Element Cap Management Limited Com accumulated 502,131 shares or 1.97% of the stock. Strategic Wealth Advsrs Lc owns 4.44% invested in Apple Inc. (NASDAQ:AAPL) for 430,084 shares. Nadler Fin Grp reported 52,591 shares. Moreover, Markel Corporation has 0.45% invested in Apple Inc. (NASDAQ:AAPL). Cambridge has 1.43% invested in Apple Inc. (NASDAQ:AAPL) for 23,693 shares. Hays Advisory Ltd Company invested in 1.28% or 15,762 shares. Dt Invest Ptnrs Limited Liability Company reported 0.17% stake. 73,477 were reported by Novare Cap Mgmt Limited Liability. Jnba Advisors accumulated 8,911 shares. Barton Inv Management holds 0.04% or 1,150 shares.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Tuesday Apple Rumors: Apple is Still Working on Waterproof iPhone” on June 12, 2018, also Seekingalpha.com with their article: “AI At The Edge: Apple’s Smartphone Leadership” published on June 13, 2018, 247Wallst.com published: “6 Most Important Things In Business Today” on June 14, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Podcast: Apple 2018 Worldwide Developer’s Conference” published on June 10, 2018 as well as Seekingalpha.com‘s news article titled: “For Microsoft The Future Is Now” with publication date: June 13, 2018.

12Th Street Asset Management Company Llc, which manages about $424.36M US Long portfolio, upped its stake in Fedex Corp (NYSE:FDX) by 1,754 shares to 132,129 shares, valued at $31.73 million in 2018Q1, according to the filing. It also increased its holding in Envision Healthcare Corp Com by 251,135 shares in the quarter, for a total of 1.02 million shares, and has risen its stake in Dollar Gen Corp New (NYSE:DG).

Analysts await Flowers Foods, Inc. (NYSE:FLO) to report earnings on August, 8. They expect $0.28 earnings per share, up 16.67% or $0.04 from last year’s $0.24 per share. FLO’s profit will be $59.03 million for 18.10 P/E if the $0.28 EPS becomes a reality. After $0.30 actual earnings per share reported by Flowers Foods, Inc. for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

Investors sentiment decreased to 0.91 in Q1 2018. Its down 0.29, from 1.2 in 2017Q4. It fall, as 36 investors sold FLO shares while 99 reduced holdings. 45 funds opened positions while 78 raised stakes. 140.96 million shares or 9.91% more from 128.25 million shares in 2017Q4 were reported. Financial Bank Of America De has invested 0% in Flowers Foods, Inc. (NYSE:FLO). Capital Counsel Lc Ny has 17,496 shares for 0.03% of their portfolio. Smithfield has 0% invested in Flowers Foods, Inc. (NYSE:FLO). Art Advsr Ltd Limited Liability Company has 102,000 shares for 0.09% of their portfolio. Janney Montgomery Scott Ltd accumulated 11,053 shares. Edmp Inc stated it has 0.24% in Flowers Foods, Inc. (NYSE:FLO). Federated Pa stated it has 789,545 shares. Hyman Charles D stated it has 0.09% in Flowers Foods, Inc. (NYSE:FLO). California State Teachers Retirement Sys owns 287,902 shares. Novare Mngmt Lc has invested 0.05% of its portfolio in Flowers Foods, Inc. (NYSE:FLO). Teacher Retirement Of Texas holds 41,775 shares. Earnest Prns Ltd Liability Corp holds 133 shares or 0% of its portfolio. The Massachusetts-based Liberty Mutual Group Inc Asset Mgmt has invested 0.02% in Flowers Foods, Inc. (NYSE:FLO). Convergence Invest Prtn Ltd stated it has 0% in Flowers Foods, Inc. (NYSE:FLO). Systematic Financial Management LP holds 68,175 shares or 0.03% of its portfolio.

Another recent and important Flowers Foods, Inc. (NYSE:FLO) news was published by Seekingalpha.com which published an article titled: “Flowers Foods’ (FLO) CEO Allen Shiver on Q1 2018 Results – Earnings Call Transcript” on May 17, 2018.

Since March 27, 2018, it had 0 insider purchases, and 1 sale for $221,680 activity.

Among 14 analysts covering Flowers Foods (NYSE:FLO), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. Flowers Foods had 37 analyst reports since September 21, 2015 according to SRatingsIntel. As per Friday, March 23, the company rating was maintained by Stephens. The rating was maintained by SunTrust on Thursday, November 9 with “Hold”. The stock has “Hold” rating by BMO Capital Markets on Tuesday, July 18. The stock of Flowers Foods, Inc. (NYSE:FLO) has “Equal-Weight” rating given on Thursday, February 11 by Stephens. As per Wednesday, October 5, the company rating was initiated by DA Davidson. The firm has “Buy” rating given on Tuesday, February 16 by BB&T Capital. The stock of Flowers Foods, Inc. (NYSE:FLO) earned “Neutral” rating by Suntrust Robinson on Thursday, February 11. The rating was initiated by KeyBanc Capital Markets with “Sector Weight” on Thursday, May 26. On Thursday, August 11 the stock rating was maintained by Jefferies with “Buy”. The company was maintained on Friday, May 26 by Jefferies.

Tnb Financial, which manages about $562.48M US Long portfolio, upped its stake in Stericycle Inc (NASDAQ:SRCL) by 9,530 shares to 53,749 shares, valued at $3.15 million in 2018Q1, according to the filing. It also increased its holding in United Parcel Service Inc Cl B (NYSE:UPS) by 8,271 shares in the quarter, for a total of 12,187 shares, and has risen its stake in Berkshire Hathaway Inc Del Cl B New (BRKB).

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

Leave a Reply

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