Published: Sun, April 15, 2018
Research | By Raquel Erickson

Panagora Asset Management INC Decreased Apple INC (AAPL) Position by $17.33 Million

Panagora Asset Management INC Decreased Apple INC (AAPL) Position by $17.33 Million

Matthew 25 Management Corp who had been investing in Facebook Inc. for a number of months, seems to be bullish on the $477.93 billion market cap company. Us Bankshares De owns 3.76 million shares or 1.95% of their US portfolio. General Electric Company (NYSE:GE) has declined 54.35% since April 14, 2017 and is downtrending. It has underperformed by 31.70% the S&P500. Yorktown Mgmt & Research Communications Inc reported 0.52% stake. On Friday, September 4 the stock rating was maintained by Wells Fargo with "Buy". The institutional investor held 5.47 million shares of the computer manufacturing company at the end of 2017Q4, valued at $926.00M, down from 5.57M at the end of the previous reported quarter. Front Barnett Associates Llc who had been investing in Apple Computer Inc for a number of months, seems to be less bullish one the $886.58B market cap company. The stock increased 0.34% or $0.59 during the last trading session, reaching $174.73.Currently Apple Inc.is uptrending after 19.49% change in last April 15, 2017. It traded total volume of 25.1M shares lower than the average volume of 38.64M shares.

Apple (NASDAQ:AAPL) last issued its earnings results on Thursday, February 1st. The stock outperformed the S&P 500 by 7.94%. It's down -0.70, from 1.86 in 2017Q3. It increased, as 50 investors sold AAPL shares while 1023 reduced holdings.

Other institutional investors and hedge funds have also made changes to their positions in the company. Aureus Asset Mngmt Ltd Liability Co invested in 9,803 shares or 0.06% of the stock.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Tuesday, January 31st. (NASDAQ:AAPL) for 8,706 shares. Maxim Group upgraded Apple Inc. (NASDAQ:AAPL) for 6.26 million shares. Vigilant Capital Limited Company has invested 2.6% in Apple Inc. Glg Ltd Liability Corporation holds 147,743 shares or 0.41% of its portfolio. It increased, as 13 investors sold MDC shares while 36 reduced holdings. The Georgia-based Marshwinds Advisory Co has invested 0.14% in Apple Inc. (NASDAQ:AAPL). Thornburg Mngmt accumulated 433,162 shs. Wedgewood Invsts Incorporated Pa stated it has 0.28% of its portfolio in Apple Inc. (NASDAQ:AAPL). Koch Indus holds 0.09% or 3,460 shs in its capital. Vista Partners Inc invested in 3,786 shares. Finally, Retirement Planning Group boosted its position in Apple by 0.4% in the third quarter. (NASDAQ:AAPL), 34 have Buy rating, 1 Sell and 18 Hold. The positive are 58%. 86 are the (NASDAQ:AAPL)'s analyst reports since October 16, 2017 according to StockzIntelligence Inc. Apple comprises 4.5% of Livforsakringsbolaget Skandia Omsesidigt's holdings, making the stock its biggest holding. (NASDAQ:FB) earned "Buy" rating by Citigroup on Thursday, November 2. The firm has "Buy" rating by Bank of America given on Tuesday, April 3. On Tuesday, January 2 the firm has "Buy" rating given by Piper Jaffray. The stock has "Buy" rating by Stifel Nicolaus on Tuesday, October 18. On Monday, November 6 the firm has "Buy" rating by Argus Research given. Vetr raised Apple from a hold rating to a buy rating and set a $177.17 price target for the company in a research note on Wednesday, November 29th. As per Friday, July 15, the company rating was maintained by Barclays Capital. Piper Jaffray maintained the stock with "Buy" rating in Friday, July 28 report. $11.56 million worth of Apple Inc. The company's revenue was up 12.7% compared to the same quarter last year. equities analysts predict that Apple will post 11.37 earnings per share for the current year. Meridian Counsel reported 18,217 shares or 1.69% of all its holdings.


The Cupertino, California-based company said in a lengthy memo posted to its internal blog that it "caught 29 leakers", a year ago and noted that 12 of those were arrested. The firm has a market capitalization of $716.99 billion, a PE ratio of 16.41 and a beta of 1.26. Apple comprises approximately 4.7% of Sterling Investment Management Inc.'s investment portfolio, making the stock its 4th biggest position. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.74. It is positive, as 29 investors sold XEC shares while 139 reduced holdings. 44 funds opened positions while 121 raised stakes. Moreover, Van Eck Assocs Corporation has 0.01% invested in Putnam Managed Municipal Income Trust (NYSE:PMM). Catalyst Capital Advisors LLC now owns 69,900 shares of the iPhone maker's stock worth $10,067,000 after purchasing an additional 19,900 shares during the period. Royal Bancorp Of Canada accumulated 146,841 shares. Tributary Capital Ltd Com holds 0.21% or 14,310 shares. Atlanta Capital Mgmt L L C holds 80,920 shs or 0.07% of its capital. Guinness Asset Mngmt Limited reported 50 shs. Kings Point Capital Mgmt accumulated 73,313 shares or 2.61% of the stock. Pinnacle Fincl Prtnrs Incorporated invested in 95,056 shares or 1.7% of the stock. Train Babcock Limited Liability Co reported 83,211 shares. Moreover, Kentucky Retirement Sys Insur Tru Fund has 0.05% invested in Cimarex Energy Co. Jag Capital Management Ltd Llc owns 21,255 shares. (NYSE:MDC). Amalgamated Comml Bank has 0.01% invested in M.D.C. Holdings, Inc. (NYSE:AVP). Clinton Gp has invested 0.01% of its portfolio in Avon Products, Inc. Glynn Management Ltd Com holds 0.31% or 8,400 shares in its portfolio.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $748,904 activity. FISCHER DAVID B. also sold $1.05 million worth of Facebook, Inc. (NYSE:MDC) for 15,179 shares. The stock was sold at an average price of $169.12, for a total transaction of $2,938,460.00.

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