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Premier Asset Managment Cut Apple (AAPL) Position by $505,342; Market Valuation Rose; New Residential Invt (NRZ) Valuation Rose While Swift Run Capital Management Has Cut Stake by $1.04 Million

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Tim Mullen decreased its stake in New Residential Invt Corp (NRZ) by 19.29% based on its latest 2018Q1 regulatory filing with the SEC. Swift Run Capital Management Llc sold 64,716 shares as the company’s stock rose 8.06% while stock markets declined. The hedge fund run by Tim Mullen held 270,843 shares of the real estate investment trusts company at the end of 2018Q1, valued at $4.46M, down from 335,559 at the end of the previous reported quarter. Swift Run Capital Management Llc who had been investing in New Residential Invt Corp for a number of months, seems to be less bullish one the $6.23 billion market cap company. The stock increased 0.93% or $0.17 during the last trading session, reaching $18.54. About 2.10 million shares traded. New Residential Investment Corp. (NYSE:NRZ) has risen 9.56% since June 19, 2017 and is uptrending. It has underperformed by 3.01% the S&P500. Some Historical NRZ News: 28/03/2018 – NEW RESIDENTIAL INVESTMENT CORP – ON MARCH 22, CO, UNITS ENTERED INTO A FINANCING TRANSACTION – SEC FILING; 13/03/2018 MOODY’S AFFIRMS ALTISOURCE’S B3 RATINGS, REVISES OUTLOOK TO POSITIVE; 27/04/2018 – NEW RESIDENTIAL INVESTMENT CORP QUARTERLY NET INTEREST INCOME $259.2 MLN VS $235.3 MLN IN THE PRIOR QUARTER; 21/04/2018 – DJ New Residential Investment Corp, Inst Holders, 1Q 2018 (NRZ); 27/04/2018 – New Residential Invt 1Q EPS $1.81; 28/03/2018 – NEW RESIDENTIAL INVESTMENT- UNIT ISSUED $425 MLN OF BALANCE OF SERVICER ADVANCE RECEIVABLES, DEFERRED SERVICING FEE BACKED VARIABLE FUNDING NOTES; 15/05/2018 – ALTISOURCE PORTFOLIO SOLUTIONS SA-ON MAY 8, UNIT, NEW RESIDENTIAL INVESTMENT ENTERED AMENDMENT TO PREVIOUSLY DISCLOSED NON-BINDING LOI DATED AUGUST 28; 27/04/2018 – New Residential Invt 1Q Net $604.3M; 22/03/2018 – New Residential Declares a First Quarter Dividend of $0.50 per Common Share

Premier Asset Managment Llc decreased its stake in Apple Inc (AAPL) by 2.66% based on its latest 2018Q1 regulatory filing with the SEC. Premier Asset Managment Llc sold 3,026 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 110,938 shares of the computer manufacturing company at the end of 2018Q1, valued at $18.61 million, down from 113,964 at the end of the previous reported quarter. Premier Asset Managment Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $912.69B market cap company. The stock decreased 1.62% or $3.05 during the last trading session, reaching $185.69. About 29.26M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 19, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 01/05/2018 – Apple’s cash hoard falls to $267.2 billion; 22/05/2018 – MacDailyNews: Apple to launch $199 HomePod under Beats brand, says; 06/04/2018 – Apple CEO Tim Cook on having @NRA TV in the app store: Public discourse is an important part of democracy . . Do I like their tactics, their positions? Honestly, no, and some of the things they’ve said are unbelievably distasteful; 26/03/2018 – FACTBOX-Companies pull Facebook ads on data privacy concerns; 02/05/2018 – Invesco Technology Adds Adobe, Exits Comcast, Cuts Apple; 12/03/2018 – Animation World: Bouchard’s ‘Central Park’ Lands at Apple; 24/05/2018 – With Apple, Uber and Ikea launching branded credit cards, millennials (and older people) have more options than ever; 10/05/2018 – Advanced Credit Technologies, Inc. Wins Approval from Apple and Google to Launch CyberloQ Multi-factor Authentication into Both; 01/05/2018 – Apple said it sold 52.2 million iPhones in the quarter ended March, up from 51 million a year ago; 04/04/2018 – Apple is reportedly working on a redesign of its iPhone. via @cnbctech

Among 8 analysts covering New Residential Investment Corp (NYSE:NRZ), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. New Residential Investment Corp had 24 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital on Thursday, February 25 with “Outperform”. The firm has “Buy” rating given on Monday, July 24 by Piper Jaffray. On Monday, October 19 the stock rating was upgraded by Piper Jaffray to “Overweight”. The firm has “Buy” rating given on Thursday, November 30 by Piper Jaffray. The stock has “Buy” rating by Piper Jaffray on Thursday, October 26. Wedbush initiated New Residential Investment Corp. (NYSE:NRZ) on Thursday, October 6 with “Outperform” rating. The firm earned “Overweight” rating on Friday, September 9 by Piper Jaffray. Piper Jaffray maintained New Residential Investment Corp. (NYSE:NRZ) on Sunday, August 27 with “Buy” rating. The rating was maintained by FBR Capital with “Buy” on Friday, June 23. The firm has “Buy” rating given on Tuesday, February 13 by FBR Capital.

Investors sentiment increased to 1.97 in 2018 Q1. Its up 0.66, from 1.31 in 2017Q4. It increased, as 20 investors sold NRZ shares while 57 reduced holdings. 44 funds opened positions while 108 raised stakes. 152.50 million shares or 9.96% more from 138.68 million shares in 2017Q4 were reported. 797,000 are owned by Penn Mutual Life Ins. State Board Of Administration Of Florida Retirement Sys reported 0.01% in New Residential Investment Corp. (NYSE:NRZ). Moreover, Grand Jean Mgmt has 0.08% invested in New Residential Investment Corp. (NYSE:NRZ) for 13,110 shares. Schwab Charles Invest Mgmt Incorporated stated it has 0.03% of its portfolio in New Residential Investment Corp. (NYSE:NRZ). Jefferies Gru Lc holds 0.01% of its portfolio in New Residential Investment Corp. (NYSE:NRZ) for 145,350 shares. Eagle Asset Mgmt Inc reported 0.1% stake. Jnba Financial Advsr has invested 0.01% in New Residential Investment Corp. (NYSE:NRZ). Van Eck Corp has 0.04% invested in New Residential Investment Corp. (NYSE:NRZ). Menlo Advisors Limited Liability Com reported 134,790 shares or 1.6% of all its holdings. 9,606 are owned by Metropolitan Life Com New York. Highvista Strategies Ltd Llc accumulated 14,900 shares. Sei Invests holds 0% or 1,185 shares in its portfolio. Employees Retirement Of Ohio holds 143,792 shares. Yorktown Mngmt And reported 6.19% stake. Century Cos Incorporated invested in 0% or 24,811 shares.

Analysts await New Residential Investment Corp. (NYSE:NRZ) to report earnings on July, 30. They expect $0.57 EPS, down 44.66% or $0.46 from last year’s $1.03 per share. NRZ’s profit will be $191.60 million for 8.13 P/E if the $0.57 EPS becomes a reality. After $0.58 actual EPS reported by New Residential Investment Corp. for the previous quarter, Wall Street now forecasts -1.72% negative EPS growth.

More recent New Residential Investment Corp. (NYSE:NRZ) news were published by: Seekingalpha.com which released: “Boston Scientific Is A Good Earnings Story – Cramer’s Lightning Round (6/13/18)” on June 14, 2018. Also Seekingalpha.com published the news titled: “Solid mREIT Buy: 11.1% Yielder, Well Positioned For Rising Rates, Increasing Book Value, Poised To Break Out” on May 25, 2018. Gurufocus.com‘s news article titled: “Cheap Stocks in a Cheap Sector” with publication date: June 13, 2018 was also an interesting one.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Finance.Yahoo.com which released: “Monday’s Vital Data: Apple Inc., Micron Technology, Inc. and Ford Motor Company” on June 18, 2018, also Seekingalpha.com with their article: “Apple: Conservative Price Target Of $240 (Mark Hibben)” published on June 18, 2018, Seekingalpha.com published: “My #1 Stock In The World: Apple” on June 19, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Benzinga.com and their article: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 1)” published on June 19, 2018 as well as Nasdaq.com‘s news article titled: “Try These 3 Dividend Funds for Reliable Payout Growth” with publication date: June 18, 2018.

Premier Asset Managment Llc, which manages about $446.54 million US Long portfolio, upped its stake in Zions Bancorporation (NASDAQ:ZION) by 73,719 shares to 249,974 shares, valued at $11.04 million in 2018Q1, according to the filing. It also increased its holding in Glaxosmithkline Plc (NYSE:GSK) by 19,995 shares in the quarter, for a total of 38,890 shares, and has risen its stake in China Mobile Limited (NYSE:CHL).

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 21.20 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.

Since January 5, 2018, it had 0 buys, and 12 selling transactions for $51.10 million activity. $910,129 worth of Apple Inc. (NASDAQ:AAPL) shares were sold by KONDO CHRIS. On Wednesday, May 9 the insider LEVINSON ARTHUR D sold $6.51M. SCHILLER PHILIP W had sold 69,491 shares worth $11.56M on Tuesday, April 3. The insider AHRENDTS ANGELA J sold 38,228 shares worth $6.75M. WILLIAMS JEFFREY E also sold $2.90M worth of Apple Inc. (NASDAQ:AAPL) on Tuesday, May 8. Riccio Daniel J. sold $3.26 million worth of stock or 17,372 shares.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.04, from 0.73 in 2017Q4. It dropped, 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. Greylin Inv Mangement Incorporated has 0.17% invested in Apple Inc. (NASDAQ:AAPL). Avalon Advsrs Limited Co invested 1.64% of its portfolio in Apple Inc. (NASDAQ:AAPL). Utah Retirement stated it has 3.38% of its portfolio in Apple Inc. (NASDAQ:AAPL). Gluskin Sheff Assoc has invested 0.03% in Apple Inc. (NASDAQ:AAPL). Cornerstone Inc invested in 178,000 shares. North Carolina-based Ironsides Asset Advsrs Limited Liability Corp has invested 0.44% in Apple Inc. (NASDAQ:AAPL). Wall Street Access Asset Mgmt Lc has invested 5.18% in Apple Inc. (NASDAQ:AAPL). Van Hulzen Asset Mngmt Ltd Limited Liability Company invested in 114,088 shares. Gilman Hill Asset Mgmt Limited Liability Company has invested 0.67% in Apple Inc. (NASDAQ:AAPL). Roof Eidam And Maycock Adv reported 24,652 shares. Palouse Mgmt holds 1.52% or 27,305 shares in its portfolio. Ims Cap Management reported 16,580 shares stake. Hall Laurie J Trustee invested in 20,081 shares or 2.05% of the stock. Burke & Herbert Natl Bank & Tru stated it has 2.82% in Apple Inc. (NASDAQ:AAPL). Ccm Advisers Ltd Liability owns 99,138 shares.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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