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Macguire Cheswick & Tuttle Investment Counsel Trimmed Apple (AAPL) Position; Sina Has 1.59 Sentiment

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Sina Corp (SINA) investors sentiment increased to 1.59 in 2018 Q1. It’s up 0.21, from 1.38 in 2017Q4. The ratio is more positive, as 116 hedge funds started new and increased stock positions, while 73 sold and reduced their holdings in Sina Corp. The hedge funds in our database now possess: 43.54 million shares, down from 44.22 million shares in 2017Q4. Also, the number of hedge funds holding Sina Corp in top ten stock positions was flat from 8 to 8 for the same number . Sold All: 19 Reduced: 54 Increased: 80 New Position: 36.

Macguire Cheswick & Tuttle Investment Counsel Llc decreased Apple Inc. (AAPL) stake by 11.86% reported in 2018Q1 SEC filing. Macguire Cheswick & Tuttle Investment Counsel Llc sold 17,456 shares as Apple Inc. (AAPL)’s stock rose 5.37%. The Macguire Cheswick & Tuttle Investment Counsel Llc holds 129,682 shares with $21.76 million value, down from 147,138 last quarter. Apple Inc. now has $911.07 billion valuation. The stock decreased 0.05% or $0.1 during the last trading session, reaching $185.36. About 5.63 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 22, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 15/03/2018 – Ex-Apple chief: Centene partnership with pharmacy start-up will drive better care with lower costs; 02/04/2018 – BNO News: Apple plans to start using own its chips in Mac computers, replacing those of Intel, sources tell Bloomberg;; 18/04/2018 – APPLE IS SAID TO HAVE TERADYNE TEST POWER-MANAGEMENT CHIPS: EDN; 15/05/2018 – Apple Futures Surge as China’s Freeze Spurs Record Turnover; 03/05/2018 – ♫ Reuters Insider – China’s Xiaomi lifts lid on Hong Kong l.P.O; 04/05/2018 – Apple is one of the few tech companies that fits Warren Buffett’s investment model; 01/05/2018 – After tax reform announcements, Apple announced plans to invest in advanced manufacturing in the U.S. and add a new campus; 03/04/2018 – Apple poaches top AI executive from Google; 18/04/2018 – Former Apple General Counsel Bruce Sewell Joins Village Enterprise Board; 24/04/2018 – E-Commerce: Global Markets to 2022 – Leading Players are Alibaba, Amazon.com, Apple, JD.com and Walmart – ResearchAndMarkets.com

The stock increased 0.76% or $0.67 during the last trading session, reaching $88.67. About 366,949 shares traded. SINA Corporation (SINA) has declined 2.41% since June 22, 2017 and is downtrending. It has underperformed by 14.98% the S&P500. Some Historical SINA News: 24/05/2018 – SINA CORP SINA.O PLANNING SECONDARY LISTING IN HONG KONG, LIKELY TO TAKE PLACE IN Q4; 26/04/2018 – Weibo Files its Annual Report on Form 20-F; 24/05/2018 – REFILE-Chinese internet firm Sina plans secondary listing in HK; 02/04/2018 – CHINA FINED IQIYI, SINA FOR VIDEO CONTENT VIOLATIONS: MINISTRY; 26/04/2018 – Signal: Masked gunmen kidnap an employee from Eben Sina Hospital in Al-Rashidiya; 11/03/2018 – Sina News: Panasonic weighs selling China security camera factory: Nikkei; 16/04/2018 – China’s Sina Weibo reverses gay content clean-up after outcry; 24/05/2018 – Chinese internet firm Sina plans secondary listing in HK; 06/03/2018 Sina Offers Real-Time Market Information from Nasdaq to Power Portfolio Diversification; 09/05/2018 – SINA 1Q ADJ EPS 47C, EST. 42C

SINA Corporation, through its subsidiaries, operates as an online media firm in the PeopleÂ’s Republic of China. The company has market cap of $6.34 billion. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, entertainment, and education; and education, digital, fashion, eLadies, luxury, health, collectibles, travel, and other interest channels. It has a 45.57 P/E ratio. The firm also offers SINA mobile, a mobile portal, which provides news information and entertainment content from SINA.com for mobile users in mobile browser and application format.

Fosun International Ltd holds 7.55% of its portfolio in SINA Corporation for 1.15 million shares. Hillhouse Capital Management Ltd. owns 1.65 million shares or 3.04% of their US portfolio. Moreover, Nine Masts Capital Ltd has 1.99% invested in the company for 124,985 shares. The Hong Kong-based Parametrica Management Ltd has invested 1.82% in the stock. Dorsey Wright & Associates, a California-based fund reported 107,834 shares.

More news for SINA Corporation (NASDAQ:SINA) were recently published by: Seekingalpha.com, which released: “It Makes No Sense To Buy Weibo” on May 30, 2018. Globenewswire.com‘s article titled: “Investor Expectations to Drive Momentum within Mesoblast, Access National, Urogen Pharma, TechTarget, Sina, and …” and published on June 06, 2018 is yet another important article.

Analysts await SINA Corporation (NASDAQ:SINA) to report earnings on August, 8. They expect $0.44 earnings per share, up 41.94% or $0.13 from last year’s $0.31 per share. SINA’s profit will be $31.45M for 50.38 P/E if the $0.44 EPS becomes a reality. After $0.38 actual earnings per share reported by SINA Corporation for the previous quarter, Wall Street now forecasts 15.79% EPS growth.

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. Capital Advsr Lc owns 6,270 shares for 0.34% of their portfolio. Natixis Advisors LP has invested 1.02% in Apple Inc. (NASDAQ:AAPL). Fukoku Mutual Life has 20,880 shares. Lathrop Inv holds 0.37% or 7,699 shares in its portfolio. Marshwinds Advisory Communications holds 0.14% or 1,790 shares in its portfolio. Jag Cap Management Limited Liability Com holds 0.64% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 20,562 shares. Brookmont Cap Mngmt accumulated 1,460 shares or 0.16% of the stock. Country Club Tru Commerce Na reported 0.97% stake. Paragon Capital holds 0.69% or 9,367 shares. Lau Assoc Lc invested in 62,487 shares or 8.14% of the stock. Capital Management Assocs Ny has invested 2.2% in Apple Inc. (NASDAQ:AAPL). Oak Assocs Oh has invested 1.64% in Apple Inc. (NASDAQ:AAPL). Pinnacle Hldg Lc reported 20,364 shares. Grisanti Cap Mngmt Lc owns 43,444 shares for 3.34% of their portfolio. Lawson Kroeker Investment Management Ne has 2,189 shares.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Thursday Apple Rumors: AirPower May Finally Launch in September” on June 21, 2018, also Seekingalpha.com with their article: “Apple: It’s The Process, Not The Outcome” published on June 22, 2018, Livetradingnews.com published: “Apple Inc. (NASDAQ:AAPL) It’s The Process, Not The Outcome” on June 22, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Apple: Conservative Price Target Of $240 (Mark Hibben)” published on June 18, 2018 as well as Benzinga.com‘s news article titled: “The 4 Most Important Ways To Evaluate A Stock” with publication date: June 21, 2018.

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. On Tuesday, August 2 the stock rating was downgraded by Daiwa Securities to “Outperform”. On Thursday, September 29 the stock rating was maintained by Barclays Capital with “Overweight”. The stock of Apple Inc. (NASDAQ:AAPL) has “Overweight” rating given on Wednesday, October 28 by Pacific Crest. Wells Fargo initiated Apple Inc. (NASDAQ:AAPL) on Tuesday, November 14 with “Hold” rating. BTIG Research maintained Apple Inc. (NASDAQ:AAPL) rating on Thursday, April 7. BTIG Research has “Buy” rating and $130 target. The firm has “Buy” rating given on Tuesday, July 25 by Credit Suisse. FBR Capital maintained the stock with “Outperform” rating in Wednesday, July 22 report. The stock has “Buy” rating by Mizuho on Monday, July 10. The company was maintained on Friday, August 7 by FBR Capital. The rating was maintained by Credit Suisse on Monday, April 4 with “Outperform”.

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 $10.76B for 21.16 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.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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